Vast Solar Gets $65 Million Funding from ARENA for Australia’s Concentrated Solar Plant Updated On Tue, Feb 14th, 2023 by Saurenergy The Australian Renewable Energy Agency’s (ARENA) has announced a funding of $65 million to renewable energy developer Vast Solar to help the firm deliver its VS1, the 30 MW/ 288 MWh concentrated solar plant in Port Augusta, South Australia. The funding is expected to create hundreds of jobs and be the catalyst for an Australian […] Read more
One In Every Two EVs Sold Will Have Electric Powertrain By 2030 Updated On Thu, Jun 2nd, 2022 by Saurenergy Electric vehicles are gaining share so fast in China that one in every two cars sold will have an electric powertrain by 2030. The EV sales in China are projected to cross six million units by the end of this year. India is aiming to have 30 per cent of its passenger vehicle sales as […] Read more
ArcelorMittal Throws in Hat to Buy Sprng Energy in Green Steel Push Updated On Mon, Feb 7th, 2022 by Saurenergy ArcelorMittal, the world’s biggest steel maker is making a play for Sprng Energy, Indian renewable platform of Actis, as the steelmaker looks at cleaner energy sources to decarbonise production around the world and in India, people aware of the development have told news agencies. This arguably is the first time in India a steel producer […] Read more
Climate Tech Firm CarbonCapture Closes $35 M Series A Funding Updated On Thu, Oct 21st, 2021 by Saurenergy CarbonCapture, a climate tech company that makes machines that remove CO2 directly from the atmosphere, has announced the closing of a $35 million Series A funding round and the appointment of Adrian Corless as CEO. CarbonCapture will use the funds to accelerate product development efforts and to establish initial deployments of its renewable energy-powered Direct […] Read more
Storage Major Fluence Energy Targets $744 Million IPO Updated On Wed, Oct 20th, 2021 by Saurenergy Renewable energy storage firm Fluence Energy Inc said on Tuesday it is aiming to fetch a nearly $4 billion valuation in its U.S. initial public offering, as investor interest in such technologies soars alongside growing calls to limit climate change. The company, a joint venture between Germany’s Siemens AG (SIEGn.DE) and U.S.-based AES Corp (AES.N), […] Read more
ArcelorMittal to Pour ₹1 Trillion into Gujarat’s RE, Steel & Other Projects Updated On Mon, Aug 23rd, 2021 by Saurenergy Luxembourgish multinational steel manufacturer ArcelorMittal is planning to invest Rs 1,00,000 crores in different projects in Gujarat, including its steel plant at Hazira near Surat, a Gujarat government release has said. The release also added, ArcelorMittal Chairman Lakshmi Niwas Mittal along with the CEO of ArcelorMittal Nippon Steel India (AM/NS India), Dilip Oommen, recently called upon […] Read more
LFDE, ÉNES Launch Largest Solar Thermal Power Plant in France Updated On Mon, Feb 24th, 2020 by Saurenergy LFDE has launched in Creutzwald the largest thermal solar power plant in France injecting the heat produced into the network, in partnership with ÉNES. La Française de l’Énergie (LFDE), a leader in industrial ecology has strengthened its position in green energies with the launch in Creutzwald of the largest thermal solar power plant in France […] Read more
