Tata Sons To Invest £4bn To Build A 40GW Battery Cell Gigafactory In UK Updated On Thu, Jul 20th, 2023 by Saurenergy Tata Sons, the principal investment holding firm and promoter of Tata companies has now planned to build a 40 Gigawatt (GW) battery cell gigafactory in the United Kingdom (UK). It has also planned to infuse an investment of around £4 billion. The firm said that it would deliver electric mobility and renewable energy storage solutions […] Read more
Five Indian EV Cab Companies Decarbonising Urban Transport Updated On Wed, Jul 19th, 2023 by Saurenergy In the last few years, several indigenous electric-only cab services have come into the picture in India. While several of these firms tried to capitalize on the new emerging market, it also aided in decarbonizing the transport fleets in the country. Several of these locally-developed companies and startups, with their expanding fleets and plans, […] Read more
EV Price War: Ford Cuts Prices On Its F-150 Lightning Pickup Updated On Wed, Jul 19th, 2023 by Saurenergy The softening in EV prices, driven by the correction in key raw material prices has reached the US markets with a jolt. Ford stretched the price war in the EV industry by announcing a sharp cut on the prices of its F-150 Lightning trucks on July 17. This includes a 17 per cent cut for […] Read more
IFESTOS- Large Carbon Capture Capture Project in Greece Gets EU Commission Grant Updated On Tue, Jul 18th, 2023 by Saurenergy The European Commission has picked out 41 projects to prepare grant agreements to enable firms dabbling in segments such as energy-intensive industries, hydrogen, renewable energy, and manufacturing components for energy storage and renewables. The EU has dedicated EUR 3.6 billion to enable various firms to bring innovative technologies to the market. The grants are from […] Read more
Hydrogen Project HyNCREASE in Germany Qualifies for European Grant Updated On Tue, Jul 18th, 2023 by Saurenergy The European Commission has picked out 41 projects to prepare grant agreements to enable firms dabbling in segments such as energy-intensive industries, hydrogen, renewable energy, and manufacturing components for energy storage and renewables. The EU has dedicated EUR 3.6 billion to enable the various firms to bring innovative technologies to the market. The grants are […] Read more
Two Solar Firms To Get Compensations Due to Increased GST Rates Updated On Mon, Jul 17th, 2023 by Saurenergy In its order, the Central Electricity Regulatory Commission (CERC) granted compensation to two renewable energy companies. The central authority granted these compensations on account of ‘Change of Law’ events. Such events included the rise of Operations and Maintenance (O&M) costs of their projects due to the escalation of GST rates and the imposition of increased safeguard duty […] Read more
Johnson Matthey Expands Presence in China with Investments in Hydrogen Market Updated On Fri, Jul 14th, 2023 by Saurenergy Johnson Matthey (JM), a sustainable technologies provider, recently signed an investment agreement with the Jiading District in Shanghai aiming to accelerate the hydrogen economy in China. During a signing ceremony held in Sonning, UK, JM and the Shanghai Jiading District revealed their collaborative venture to construct a facility dedicated to the manufacturing of catalyst coated […] Read more
CleanMax Commissions 400 MW Wind Solar Hybrid Plant in Gujarat Updated On Fri, Jul 14th, 2023 by Saurenergy Renewable energy firm in the C&I (commercial and industrial) sector, CleanMax has commissioned a 400 MW solar-wind hybrid project in Gujarat. The project, which began last year, has completed the commissioning of the project in a period of 14 months. In the hybrid project, wind claims a slightly higher share as against solar, informs the […] Read more
Goldi Solar Forays Into The Inverter Business, Launches VAMA Updated On Thu, Jul 13th, 2023 by Saurenergy Goldi Solar, an Indian solar company, today launched its on-grid smart string inverter-VAMA. The firm has launched the product to cater to the energy needs of its residential and Commercial & Industrial consumers. Surat-based Goldi Solar has been known as a solar PV module manufacturer and an EPC player. Capt. Ishver Dholakiya, Founder & Managing […] Read more