EY Study Shows Rise of ‘Omnisumer’: Customers of New Energy Solutions Updated On Thu, Oct 21st, 2021 by Saurenergy A perfect storm of government policy, consumer trends and technology is accelerating the energy transition. And while much of the discussion centers around renewables and infrastructure, it mostly overlooks the customer. EY has conducted a survey of 34,000 energy consumers across 17 countries to understand their shifting needs, values and expectations, and the results present […] 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
B.Tech In Energy Engineering At IIT Delhi To Start From Coming Session Updated On Wed, Oct 20th, 2021 by Saurenergy The Indian Institute of Technology (IIT) Delhi has announced a new undergraduate course– B.Tech. in Energy Engineering, that will be offered by the institute’s department of energy science and engineering (DESE). The move comes even as the opportunities, and requirements for skilled energy professionals skyrockets, with the country in the midst of a massive energy […] Read more
Ahead of COP26, IEA Finds Global Clean Energy Transition ‘Too Slow’ Updated On Thu, Oct 14th, 2021 by Saurenergy A new energy economy is emerging around the world as solar, wind, electric vehicles and other low-carbon technologies flourish. But as the pivotal moment of COP26 approaches, the International Energy Agency’s (IEA) new World Energy Outlook makes it clear that this clean energy progress is still far too slow to put global emissions into sustained […] Read more
FaaS Firm Oorja Secures $1 million in Seed Funding For Its Clean Energy Solutions Updated On Tue, Oct 12th, 2021 by Saurenergy Oorja, a firm that describes itself as a Farming as a Service (FaaS) operating to connect agriculture and clean energy, has completed a US $1 million (Rs 7.5 crores) Seed funding round. The round includes equity investment from Schneider Electric Energy Access Asia (SEEAA) and grant funding from Water & Energy for Food Grand Challenge […] Read more
ESS, SB Energy to Deploy 2 GWh Long-Duration Storage in US Updated On Mon, Oct 11th, 2021 by Saurenergy ESS, a U.S. manufacturer of long-duration batteries, has entered into a framework agreement with SB Energy, a wholly owned subsidiary of SoftBank Group Corp, to deploy two gigawatt-hours (2 GWh) of ESS batteries through 2026. The agreement demonstrates ESS and SB Energy’s shared commitment and vision of a global shift to renewables and decarbonization of […] Read more
Eos Energy to Get $25 M Equipment Funds from Trinity Capital Updated On Fri, Oct 8th, 2021 by Saurenergy Eos Energy Enterprises, a provider of safe, scalable, efficient, and sustainable zinc-powered energy storage systems, has announced that HI-POWER LLC, a wholly owned subsidiary of Eos, has entered into a $25 million equipment financing agreement with Trinity Capital, a leading provider of debt and equipment financing to growth stage companies. The funds will be used […] Read more
Tyre Maker CEAT Buys 26% Stake in Cleanwin Energy Updated On Thu, Oct 7th, 2021 by Saurenergy Tyre maker CEAT Ltd on Monday announced it has completed the acquisition of 26 per cent stake in Cleanwin Energy, for which it had signed a pact with Yellowstone Clean Energy LLP last month. Cleanwin Energy owns, operates and maintains a captive wind power generating plant in Maharashtra. The RPG Group company plans to move […] Read more
Developers Take Innovative Approaches to Alternative Energy Production Updated On Wed, Oct 6th, 2021 by Saurenergy Demand for solar energy is on the rise around the world. In the U.S., the second quarter of 2021 has also seen impressive gains in implementation of solar. According to the Solar Energy Industries Association (SEIA), the U.S. installed 5.7 gigawatts (GWdc) of solar PV capacity in Q2 2021 to reach 108.7 GWdc of total […] Read more
