Iberdrola, H2 Green Steel Join Global Push for Green H2 Electrolyser Mfg Updated On Fri, Dec 10th, 2021 by Saurenergy Iberdrola and H2 Green Steel have signed an agreement to build and operate a green hydrogen plant with an installed capacity of 1 GW and an estimated investment of 2.3 billion euros, financed through a combination of public funds, green project financing instruments and own funds. The new plant will power with clean fuel a direct […] Read more
US Firm AES Unveils New Solar Installation Robot Updated On Thu, Dec 9th, 2021 by Saurenergy AES Corporation has launched Atlas, a new solar installation robot. “Atlas represents a major advance in solar energy technology, making it faster, more efficient and safer to construct new solar facilities,” said the company. Atlas was designed by AES through a multi-year innovation process and built in cooperation with Calvary Robotics and other third parties. […] Read more
KKR Launches New RE Platform ‘Stellar Renewable Power’ Updated On Thu, Dec 9th, 2021 by Saurenergy Investment firm KKR has launched “Stellar Renewable Power”, a new platform that aims to source, develop and operate utility-scale solar plants and storage facilities on behalf of KKR’s Asset-Based Finance (ABF) strategy. Stellar will source opportunities through greenfield development and acquisitions of early-stage assets from other developers. Renewable energy expert Vijay Venkatachalam will lead Stellar. […] Read more
EV Solutions Firm Magenta Invests in EV Component Maker Axiom Updated On Wed, Dec 8th, 2021 by Saurenergy Magenta, India’s homegrown integrated Electric Vehicle (EV) charging solutions company, has confirmed a significant investment into Axiom Energy Conversion Limited, one of India’s oldest EV component manufacturers, said an official statement. With the Magenta Axiom investment and partnership, plans are afoot to develop a greenfield manufacturing setup dedicated to EV powertrain components, including chargers, convertors, […] Read more
Green Hydrogen Powered India: From Vision to Reality Updated On Wed, Dec 8th, 2021 by Saurenergy Announcements of grand plans by Mukesh Ambani and Gautam Adani, and the partnership between L&T and ReNew have added serious ability behind the intent to produce green hydrogen in India The fact that India is not an energy self-reliant economy is well-known. Just a few weeks ahead of the Glasgow Summit, in August’21, Prime Minister […] Read more
US Grants $500M Financing To First Solar for 3.3GW Facility in Tamil Nadu Updated On Wed, Dec 8th, 2021 by Saurenergy U.S. International Development Finance Corporation (DFC) has approved up to $500 million of debt financing for First Solar, the largest American solar manufacturing company, subject to negotiations of definitive agreements. The DFC financing will support the company’s previously announced vertically integrated photovoltaic (PV) solar module manufacturing facility in Tamil Nadu, with a projected annual capacity […] Read more
Dalmia Cement Promises Rs 250 Cr Solar Plant In Jharkhand Updated On Mon, Dec 6th, 2021 by Saurenergy Dalmia Cement (Bharat) Ltd, which had earlier become the first cement company to join RE100 – a global collaborative initiative of the world’s most influential companies committed to 100% renewable power, has committed to a Rs 250 crore investment in a solar plant to supply power to a planned additional grinding unit in the state. […] Read more
A Space to Watch Out for: EV’s Impact Rests on the Way it is Marketed! Updated On Fri, Dec 3rd, 2021 by Saurenergy The EV segment is poised to follow a high growth curve in the India market. A positive investment outlook and aggressive marketing strategies are expected to shape the Indian EV growth story over the next three years. Some Highlights: “Projections by the India Energy Storage Alliance (IESA) estimate that the Indian EV market will grow […] Read more
L&T, ReNew Partner to focus on Green H2 Biz in India Updated On Thu, Dec 2nd, 2021 by Saurenergy Indian engineering conglomerate Larsen & Toubro (L&T) and green energy company ReNew Power (ReNew) are partnering to jointly develop, own, execute and operate green hydrogen projects in India. S N Subrahmanyan, CEO & MD of Larsen & Toubro, said, “This partnership with ReNew is a significant milestone in the journey towards building a green energy […] Read more
