iCreate Announces Winners of Maiden EV challenge ‘EVangelise’21’ Updated On Mon, Jan 10th, 2022 by Saurenergy Innovation-based start-up incubator iCreate (International Centre for Technology and Entrepreneurship) has announced the winners of its maiden EV innovation challenge — EVangelise’21 — which saw the participation of 388 start-ups and entrepreneurs from all over the country. Based on the technological excellence & feasibility, market relevance and real-world implementation of their innovation, the following companies won the […] Read more
Energy Vault to Help Korea Zinc Subsidiary Produce Green Zinc Updated On Mon, Jan 10th, 2022 by Saurenergy Energy Vault is partnering with Korea Zinc, a company involved in non-ferrous metal smelting production, such as that of zinc, lead, silver and rare metal indium, for renewable energy storage. Through this partnership, Korea Zinc aims to decarbonize its refining and smelting operations, focused initially under its wholly-owned subsidiary Sun Metals Corporation. The companies expect to […] Read more
Blackstone to Invest $3 B in North America’s Largest Private RE Firm Updated On Mon, Jan 10th, 2022 by Saurenergy New York City-based Blackstone Inc said on Friday it would invest about $3 billion in Invenergy Renewables Holdings Llc, the largest private renewable energy firm in North America. The money that Blackstone will invest is aimed at providing capital to accelerate Invenergy’s renewables development activities, the company said in a statement. Blackstone, the world’s largest manager of […] Read more
Green Firm Renew Power Raises $400 M from Global Debt Investors Updated On Mon, Jan 10th, 2022 by Saurenergy ReNew Power has raised USD 400 million from global debt investors, making it the second issue from the country after Reliance Industries’ mop-up of USD 4 billion. The renewable energy firm said the money was raised by the Mauritius-based Clean Energy Holdings, a wholly-owned subsidiary of Renew Energy Global Plc that is the parent of […] Read more
Tata Power Tops Among India Power Utilities In S&P’s CSA Scores Updated On Fri, Jan 7th, 2022 by Saurenergy Tata Power, one of India’s largest integrated power companies, secured the highest score among its peers in the Indian Power sector in S&P Global’s recently released Corporate Sustainability Assessment (CSA) results. ESG parameters are becoming increasingly relevant as markets across the world start to consider these for critical issues such as financing. Tata Power has […] Read more
Vedanta Aluminium, GEAR India to Deploy Lithium-Ion Forklift Fleets Updated On Wed, Jan 5th, 2022 by Saurenergy Vedanta Aluminium Business, India’s largest producer of aluminium and value-added products, has signed an agreement with GEAR (Gemini Equipment and Rentals Private Limited) India, to deploy one of the largest fleets of lithium-ion battery-powered electric forklifts, becoming the first in Indian aluminium industry to undertake such an initiative. The company shall commission 23 such forklifts […] Read more
CSP Player Heliogen Rounds off 2021 With Completion Of Merger With Athena Updated On Wed, Jan 5th, 2022 by Saurenergy For California-based Heliogen Inc., a provider of AI-enabled concentrated solar power, 2021 has been an exciting year, peppered with attractive investments from and valuable collaborations with major companies, especially in the mining and metals industry. Founded in 2013, Heliogen aims to alleviate the intermittency issues of renewable power generation sources. Its technology is designed to […] Read more
EU Leaning Towards Controversial Move To Label Gas, Nuclear ‘Green’ Updated On Wed, Jan 5th, 2022 by Saurenergy The European Union has drawn up plans to label some natural gas and nuclear energy projects as “green” investments after a year-long battle between governments over which investments are truly climate-friendly. The decision is widely blamed on the continent’s high dependence on gas, and a controversial decision by key member countries, especially the UK and […] Read more
Chinese Firm Leases Jack-up Vessel that can Install 20MW Wind Turbines Updated On Wed, Jan 5th, 2022 by Saurenergy Huadian Heavy Industries (HHI) has signed a charter agreement for a jack-up vessel that will be able to install wind turbines of up to 20MW. The company is one of China’s largest offshore wind EPCI contractors. According to HHI’s announcement of the charter agreement on the Shanghai Stock Exchange, the vessel that the company will lease […] Read more
