RWE Issues €2 billion Green bond For Renewable Play Updated On Thu, May 19th, 2022 by Saurenergy In a major announcement, RWE has said that it has successfully issued a green bond with a total volume of €2 billion. The bond was issued in two tranches of €1 billion each. The maturities of the two will take place in 2026 and 2030. RWE has said that for the first tranche, the yield-to-maturity […] Read more
Jakson Group CMD Sameer Gupta Is Chairman CII National Committee For RE Mfg. – 2022-2023. Updated On Thu, May 19th, 2022 by Saurenergy Jakson Group’s Chairman and Managing Director, Sameer Gupta has been elected as Chairman, CII National Committee of Aatmanirbhar Bharat for Renewable Energy Manufacturing for the year 2022-2023. A second-generation entrepreneur, Sameer Gupta joined Jakson in the year 1991 and led its transformation from a genset manufacturing company to India’s prominent energy & infrastructure company, having […] Read more
Magenta And Ather Energy Join Hands To Install EV Charging Stations Updated On Thu, May 19th, 2022 by Saurenergy EV charging firm Magenta ChargeGrid and Ather Energy, leading electric two-wheeler maker, have joined hands to install charging stations, investing the former with the responsibility to manage the charging stations under the Chargegrid platform. The companies have inked a Memorandum of Understanding (MOU), according to a press release. Magenta ChargeGrid is currently expanding its charging […] Read more
The Top 5: Key Cement Manufacturers & Their Net-zero Goals Updated On Thu, May 19th, 2022 by Saurenergy The 20th century onwards has belonged to concrete in many ways. Alongside its strength and resilience, concrete is crucial and ideal for the building, being relatively cheap and simple to make. Each year 30 billion tonnes of concrete is used globally. Although concrete structures are, in many ways, ideal for climate-resilient construction, it is also […] Read more
KKR buying RE firm ContourGlobal for £1.75 billion Updated On Thu, May 19th, 2022 by Saurenergy Leading investment firm Kohlberg Kravis Roberts & Co (KKR) has announced that it is buying ContourGlobal, a renewable energy company. The deal is for £1.75 billion. According to KKR, the company is offering shareholders of ContourGlobal 263.6p for every share. This offer price represents a 36 per cent premium to the last closing price of […] Read more
Air Liquide, Shell Sign 10-Year Agreement for Renewable Electricity in Italy Updated On Thu, May 19th, 2022 by Saurenergy Air Liquide has announced that it has signed a ten-year contract with Shell Energy Europe Limited for the purchase of renewable energy to power industrial and medical gas production operations in the North East of Italy. For ten years, starting 2023, Air Liquide will purchase 52 GWh per year of solar photovoltaic renewable energy from […] Read more
Gallium Nitride Makes Progress As A Substitute To Elevated Lithium Prices Updated On Wed, May 18th, 2022 by Saurenergy Since Lithium has become far too dear to afford, Gallium Nitride is being considered by many as a substitute. It not only offers higher energy density but also saves on weight. Tesla CEO Elon Musk will probably be pondering the question, as even as traded lithium carbonate prices climbed 413 percent between January and December […] Read more
BEL to manufacture battery packs for Triton electric trucks Updated On Tue, May 17th, 2022 by Saurenergy The Pune Unit of Navratna Defence PSU Bharat Electronics Limited (BEL) will manufacture Li-ion battery packs for the electric trucks of Triton, US, as part of an MoU signed between the two companies to explore manufacturing of battery cells in India for Energy Storage Systems and electric vehicles in the Heavy Vehicle segment for the […] Read more
GAIL Contract To Build India’s largest PEM based Green Hydrogen Project Updated On Mon, May 16th, 2022 by Saurenergy GAIL Limited has awarded a contract to set up one of the largest Proton Exchange Membrane (PEM) Electrolyser to produce 4.3 MT Hydrogen a day in India. In tandem with the National Hydrogen Mission, the renewable energy-powered project would be installed in Guna, Madhya Pradesh. So designed as to produce around 4.3 Metric Tons of […] Read more