L&T Partners with Norwegian Firm to make Green H2 Electrolysers in India Updated On Mon, Jan 31st, 2022 by Saurenergy Mumbai-based multinational conglomerate Larsen & Toubro (L&T) has signed a Memorandum of Understanding (MoU) with HydrogenPro, a Norwegian electrolyser technology and manufacturing company, for a partnership to tap the emerging green hydrogen market in India. Under this agreement, L&T and HydrogenPro will jointly work towards setting up a joint venture in India for gigawatt-scale manufacturing […] Read more
2020 Champion, Vietnam Offers a Cautionary Tale On Renewable Growth Updated On Fri, Jan 28th, 2022 by Saurenergy Just when Vietnam has emerged on the global map as a ‘solar hotspot,’ after a stupendous 2020, the government has declared that no solar energy will be added in 2022 as the grid system is failing to accommodate the solar power produced. Vietnam may not repeat the success of yesteryears but there is credible evidence […] Read more
Sungrow Tops ESG Rankings in China Updated On Thu, Jan 27th, 2022 by Saurenergy Inverter major Sungrow has announced that the Company ranked first in the 2021 China Top 500 ESG Companies list released jointly by the well-known organization Sina Finance ESG Rating Center and CCTV-1 “Brand of Great Power” program. A strong ESG rating and ranking is increasingly helping firms benefit with a stronger brand perception and access […] Read more
NREL Study On Storage Requirements Finds High Alignment With PV, Over Wind Updated On Tue, Jan 25th, 2022 by Saurenergy The United States National Renewable Energy Laboratory’s (NREL) latest Storage Futures Study (SFS) reports is out. The SFS is a multiyear research project that explores the role and impact of energy storage in the evolution and operation of the U.S. power sector. Designed to examine the potential impact of energy storage technology advancement on the […] Read more
The Sodium Ion Batteries Behind Reliance’s $135 million Purchase of Faradion Updated On Sat, Jan 22nd, 2022 by Saurenergy When Reliance announced the outright purchase of UK based Faradion Limited on the last day of 2021, it was widely seen as one more brick in the renewable edifice that Reliance has committed itself to. The Faradion investment was the 6th major investment by the firm into technologies or competency in the renewable space. But […] Read more
GM Targets H2-Powered Generators in Expansion of Fuel Cell Business Updated On Fri, Jan 21st, 2022 by Saurenergy American multinational automotive manufacturing company General Motors on Wednesday said it plans to expand its hydrogen fuel cell business beyond vehicles by supplying hydrogen-powered generators for uses including at construction sites, music festivals, data centers and the military. The wider application of hydrogen fuel cells will allow General Motors (GM) to leverage and scale existing […] Read more
South Korea, Saudi Arabia Agree to Jointly Develop Hydrogen Economy Updated On Thu, Jan 20th, 2022 by Saurenergy South Korean President Moon Jae-in held talks with Saudi Arabia’s de facto ruler Crown Prince Mohammed bin Salman on Tuesday and agreed to work together in areas related to the hydrogen economy. After holding the talks at the Al-Yamamah palace in Riyadh, the two nations signed preliminary deals to jointly develop green hydrogen, which is […] Read more
Aussie Solar Start Up 5B Feels the Need for Speed: ARENA Updated On Wed, Jan 19th, 2022 by Saurenergy On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced $14 million in funding for 5B to accelerate the automation of its innovative utility scale solar array, 5B Maverick. Launched in 2017, the 5B Maverick is a modular, prefabricated solar array that can be built and pre-wired in a factory and […] Read more
EverSource Closes India’s Largest Climate Impact Fund at US$ 741 million Updated On Tue, Jan 18th, 2022 by Saurenergy EverSource Capital (EverSource) has completed the final close of India’s largest climate impact fund, Green Growth Equity Fund (the Fund), at US$ 741 million, making GGEF one of the largest single-country funds focused on Climate change, Mitigation and Adaptation in the emerging markets. EverSource is investing to combat climate change by focusing on the decarbonization of energy and resource […] Read more
