Fortescue, IHI Study Green NH3 Supply Chain Options b/w Aus & Japan Updated On Mon, May 24th, 2021 by Saurenergy Three notable companies- Fortescue Future Industries Pty Ltd (FFI), IHI Engineering Australia Pty Ltd (IEA), and IHI Corporation (IHI)- have signed a memorandum of understanding (MOU) for investigation into establishing green ammonia (NH3) supply chains between Australia and Japan. The Australian FFI is a subsidiary of Fortescue Metals Group Ltd, which works in culture, innovation […] Read more
US-UK Companies Launch JV for 10 GW Wind Turbines in North Atlantic Updated On Mon, May 24th, 2021 by Saurenergy Anglo-US renewable energy company Hecate Independent Power Ltd (HIP) and UK power plants developer Independent Power Corporation PLC announced on Friday the launch of their joint HIP Atlantic Project, under which 10 GW of fixed and floating offshore wind turbines will be installed in the North Atlantic to supply electricity to the UK power grid. The project’s total […] Read more
Chinese LONGi Issues White Paper on its Smart Soldering Technology Updated On Fri, May 21st, 2021 by Saurenergy China-based leading solar PV manufacturer LONGi has released a white paper on its proprietary “Smart Soldering” technology, applied in its new-generation Hi-MO 5 series high-power 182mm modules. With the ongoing volume application of large-format PV modules in utility-scale plants, the unique technology can guarantee their loading capacity, enabling energy yield to be optimized throughout their […] Read more
Magenta Closes Series A Round With new Commitments Worth $15 Mn Updated On Fri, May 21st, 2021 by Saurenergy EV charging solutions firm Magenta EV Solutions has confirmed commitment in excess of USD 15 million in Series A funding. Navi Mumbai-based, Electric Vehicle (EV) charging solutions company, Magenta EV Solutions has confirmed a commitment in excess of USD 15 million (Rs 120 crore) in Series A funding from eminent Indian-American cardiologist, philanthropist billionaire and […] Read more
Field Applications Engineer Updated On Wed, May 19th, 2021 by Saurenergy Bloomenergy faces an unprecedented opportunity to change the world and the way companies utilize energy. We have recently launched a “game changing” solution called “Always on” that will help companies power their primary business operations without disruption with cleaner, more reliable electricity generated on-site with no combustion. We are looking for a Field Applications Engineer […] Read more
IEA Report Advises Shutting Out Fossil Projects Now, To Reach 1.5C Target Updated On Wed, May 19th, 2021 by Saurenergy The International Energy Agency (IEA), one of the premier energy modeling agencies and until recently, a key backer of the perception that fossil fuel’s still have a future (of sorts), has finally changed track. In a recommendation that will surprise many people, and please even more who have been calling for the same, the agency […] Read more
Vietnam’s PDP8 Delay Can Unlock More Cost-Effective RE: IEEFA Updated On Fri, May 14th, 2021 by Saurenergy The key is to refine new strategies and improve market structures Vietnam’s Power Development Master Plan for 2021-2030 with a vision to 2045 (PDP8), was expected to be signed off at the end of March during the last days of Prime Minister Nguyen Xuan Phuc’s administration, but it hit an unexpected delay. Rather than being […] Read more
Global Finance is Mobilising to Meet East Asia’s Net-Zero Ambition: IEEFA Updated On Wed, May 12th, 2021 by Saurenergy Bolder emissions reduction targets by China, Japan and South Korea threaten Australian fossil fuel exports Chinese President Xi Jinping’s surprise announcement at the UN General Assembly in September 2020 that the world’s biggest emitter would become carbon neutral by 2060 has proved pivotal, writes Tim Buckley, IEEFA’s Director Energy Finance Studies, Australia/South Asia, in a […] Read more
ADB to End Fossil Fuel Financing, No Timeline Committed Updated On Tue, May 11th, 2021 by Saurenergy The Asian Development Bank (ADB) announced on Friday that it will not finance coal mining or oil and natural gas activities in the future, as a result of a draft energy policy supporting low carbon transition in Asia and the Pacific. Set up in the early 1960s and headquartered in Manila, the ADB has since channelled […] Read more