IREDA to raise MSME participation in renewable energy by offering more loans Updated On Mon, Jul 11th, 2022 by Saurenergy The Indian Renewable Energy Development Agency (IREDA) has announced that it is committed to heighten the participation of Micro, Medium and Small Enterprises (MSMEs) in the green energy sector by offering more loans. The announcement was made by its Chairman and Managing Director Pradip Kumar Das while speaking at the MSME Banking Conclave 2022. The […] Read more
Woodmac Ranking for Inverter Shipments In 2021 Retains Huawei at 1, Top 5 Firms Chinese Updated On Fri, Jul 8th, 2022 by Saurenergy In the second global PV Inverter rankings in two weeks, it is the turn of Wood Mackenzie, a Verisk business to release the numbers. And the rankings makes for an interesting list, as Huawei has managed to protect its leadership herem unlike in the case of the IHS Markit’s rankings in June. Consolidation at the […] Read more
Rolls-Royce Sets Foot Into Hydrogen Electrolyser Business Updated On Fri, Jul 8th, 2022 by Saurenergy Rolls Royce has announced its entry into hydrogen production as it is acquiring a 54 per cent stake in Hoeller Electrolyzeris, an electrolysis stack specialist. Rolls Royce will boasts of innovative technology to form the basis of a new range of mtu electrolyzer products from its power systems division. Hoeller Electrolyzer in Wismar, Germany, is […] Read more
Shell To Build Europe’s Largest Renewable Hydrogen Plant Updated On Thu, Jul 7th, 2022 by Saurenergy When Holland Hydrogen I starts operating in 2025, it will produce up to 60,000 kg of renewable Hydrogen and become the largest renewable hydrogen plant in Europe. Hydrogen will be produced by a 200 MW electrolyser, which will be constructed by Shell Nederland and Shell Overseas Investments in the port of Rotterdam. “Holland Hydrogen I […] Read more
Enercon To Receive €500 Million Worth Aid From German Govt Updated On Thu, Jul 7th, 2022 by Saurenergy In a major announcement, Enercon has informed that the German wind turbine maker will receive € 500 million as financial aid from the German Government from the WSF Economic Stabilisation Fund. The state fund is meant to help the renewable energy player to deal with the impact of the COVID-19 led pandemic. The turbine manufacturer […] Read more
Northvolt Raises $1.1 Billion To Roll Out Battery Factory In Europe Updated On Thu, Jul 7th, 2022 by Saurenergy Swedish battery manufacturer Northvolt has shared signing a $1.1 billion convertible note towards financing the expansion of battery cell and cathode material production in Europe. The decision has been taken to complement the increasing demand for batteries. Investors that lent participation in the capital raise included AMF, AP funds 1-4, ATP, Ava Investors, Baillie Gifford, […] Read more
ECA Committee for Risk Assessment Wants Lithium Salts to be in Category 1A Updated On Thu, Jul 7th, 2022 by Saurenergy A major international chemical maker has warned that new draft proposals labeling some materials as “hazardous” could impact negatively investments in the lead and lithium battery sectors in Europe. The European Union (ECA Committee) was forewarned by lithium and battery manufacturers that a proposal to label the metal as hazardous may seriously harm Europe’s expanding […] Read more
Vattenfall All Set To Fill Up 200MW Thermal Storage Tower In Berlin Updated On Wed, Jul 6th, 2022 by Saurenergy Swedish multinational power company Vattenfall is all set to fill a 45m-high, 200MW-rated thermal energy storage facility with water in Berlin, Germany. The tank is a 2,600MWh system. The tank boasts of holding a capacity of 56 million litres of water that will be heated at 98 degrees celsius. The tank will be merged with […] Read more
The Long Road For Electric Trucks In India Updated On Wed, Jul 6th, 2022 by Saurenergy The transportation sector is responsible for nearly 14% of India’s total GHG emissions. It is also the fastest-growing greenhouse gas emissions sector in India. Road transport, in particular, accounts for over 90% of transport emissions in the country. Therefore, to achieve the net-zero goals, India has to decarbonise road transport. Electrification of road transport will […] Read more
