IEX Q4 and FY 2022 Results; Profit Grows 50% on 36% Growth in Topline Updated On Thu, Apr 28th, 2022 by Saurenergy India’s premier energy exchange, IEX has announced its fourth quarter and full year results for FY22. Key Highlights from the results are: (* All amounts are represented in the table are in Rs Crores) Particulars Q4FY21 Q4FY22 YoY FY21 FY22 YoY Electricity Volume (in BU) 22.4 24.8 10.5% 74.0 95.6 29.2% REC Certificates […] Read more
RWE to supply solar power generated at German coal mine Updated On Thu, Apr 28th, 2022 by Saurenergy In only a few weeks’ time, RWE’s Inden Opencast Mine will no longer produce just lignite, but also solar power. After officially breaking ground, building work has commenced for a utility-scale photovoltaics system with integrated battery storage. The solar modules will produce a peak electric output of 14.4 megawatts (MW). The “RWE indeland Solarpark” is […] Read more
JERA Collaborates with West Corp. for 1GW Solar Power Production in Japan Updated On Thu, Apr 28th, 2022 by Saurenergy The biggest power company of Japan, JERA and West Holdings Corporation, have reached a final agreement for developing solar power generation projects in Japan of about 1 GW. The official statement of JERA announces that the company has also concluded a share purchase agreement with a shareholder of West HD to acquire approximately 2.3% of […] Read more
IEEFA: Widespread adoption of carbon capture, utilization and storage technologies in South East Asia remains highly unlikely Updated On Thu, Apr 28th, 2022 by Saurenergy Carbon, capture, utilization and storage (CCUS) is increasingly attracting attention in South East Asia. However, in the absence of the right drivers, its prospect in the region remains questionable, according to IEEFA’s latest report on CCUS in South East Asia. “CCUS can be viable when placed under a certain operational context, such as a high […] Read more
Solar Inverters Move to The Front Updated On Wed, Apr 27th, 2022 by Saurenergy When it comes to the Solar market, a disproportionate share of attention is always paid to the modules, or more recently, the module supply chain. The global solar PV module market was valued at $127.9 billion in 2020, and is projected to reach $260.2 billion by 2030, growing at a CAGR of 7.4% from 2021 […] Read more
NTPC invites bids from potential partners For Future Green Hydrogen Tenders Updated On Tue, Apr 26th, 2022 by Saurenergy NTPC Renewable Energy has recently invited online bids from electrolyser technology providers to help the employer bag the upcoming tenders on green hydrogen. The tender reads further, “This tender intends to select electrolyser technology provider(s) for a period of two years for polymer electrolyte membrane (PEM) technology of 400 megawatts (MW) and non-PEM technology of […] Read more
H2-Industries to build $1.4bn waste-to-hydrogen plant in Oman Updated On Tue, Apr 26th, 2022 by Saurenergy In what could be the first of its kind in Oman, H2-Industries has signed a memorandum of understanding (MoU) with Madayn for the development of a waste-to-hydrogen plant in the country. H2-Industries is an American hydrogen generation and storage player and Madayn is Public Establishment for Industrial Estates in the Sultanate of Oman. The company […] Read more
Hydrofuel Canada gets Green Ammonia, Hydrogen Cheaper than Fossil Fuels Updated On Tue, Apr 26th, 2022 by Saurenergy Hydrofuel Canada has signed a license agreement with Georgia Institute of Technology for their MAPS system which enables high-yield, sustainable ammonia synthesis from air and water. The technology has unprecedented efficiency which uses a gas-phase electrochemical process. Hydrofuel Canada is engaged in delivering green ammonia and hydrogen along the last mile to its customers. Hydrofuel […] Read more
Masdar to develop 4 GW green hydrogen plants in Egypt by 2030 Updated On Tue, Apr 26th, 2022 by Saurenergy UAE based renewable energy major Masdar and Hassan Allam Utilities, the investment and development arm of Hassan Allam Holding Group, have signed two MoUs with Egypt for the development of green hydrogen production plants in the Suez Canal Economic Zone and on the Mediterranean coast. The green fuel production projects will be inside Sokhna zone […] Read more