Li-ion Phosphate or Nickel Manganese Cobalt Oxide- Which Has More Potential? Updated On Thu, Sep 28th, 2023 by Saurenergy A report by the International Institute of Sustainable Development (IISD) titled ‘India’s Potential in the Midstream of Battery Production’ had shed light on the role of different technologies of batteries like Lithium-ion in the transition of automobile fuel. The report aims at mapping the EV adoption in India. The report says that the EV adoption […] Read more
TPREL to Set Up 41 MW Captive Solar Plant for Solar Manufacturing Unit Updated On Thu, Sep 28th, 2023 by Saurenergy Tata Power Renewable Energy Ltd (TPREL), a subsidiary of The Tata Power Company Limited, will set up a 41 MW captive solar plant at Thoothukudi, Tamil Nadu for Tata Power Solar’s new greenfield 4.3 GW solar cell and module manufacturing facility located at Tirunelveli, Tamil Nadu. The captive plant will help generate 101 million units […] Read more
ONGC Signs MoU With NTPC Owned NGEL For Renewable Push Updated On Thu, Sep 28th, 2023 by Saurenergy NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC, and ONGC have signed an MoU on September 27 to realise the development of renewable energy and offshore wind power in line with India’s commitments on Energy Transition. The MoU was signed by Mohit Bhargava, CEO, NGEL and Deb Adhikari ED- JV and BD, ONGC […] Read more
Solar Power for EV Charging? Stop, Says German Bank Updated On Wed, Sep 27th, 2023 by Saurenergy Germany’s state owned KfW bank was caught on the wrong foot with the response to a solar subsidy plan for EVs. the plan, which sought to offer subsidies to users who opted to use solar power to charge their EVs, met with an overwhelming response on day 1, with 33,000 applications. That meant the funds […] Read more
Blending Finance Is Key to India’s Net Zero Pathway: IFC Report Updated On Wed, Sep 27th, 2023 by Saurenergy A latest report by the International Financial Corporation (IFC) on Blended finance describes finance as a key element in supporting India’s energy transition. The report said that the blended finance can drive more private capital to high-impact climate projects, says an IFC report. The report, Blended Finance for Climate Investments in India, highlights blended concessional […] Read more
Pexapark Infused with Funding Worth €20m in Series C Round Updated On Tue, Sep 26th, 2023 by Saurenergy Pexapark, a Switzerland-based firm that helps make PPAs for renewables, has been injected with funding worth €20m in Series C round. The fresh funding round was led by Telstra Ventures, a global investor in technology. It also saw participation from Swisscom Ventures and the A&G Energy Transition Tech Fund. “This fresh injection of capital takes […] Read more
Solar Power Costs Dipped 87% Globally In Last 10 Years: Study Updated On Tue, Sep 26th, 2023 by Saurenergy A recent report by the Mercator Research Institute on Global Commons and Climate Change claimed that the cost of electricity from solar power globally has fallen by 87 percent in the last 10 years. At the same time, the cost of battery storage plummeted by 85 percent during the same period. The recent innovation in […] Read more
Honeywell & ESS Partner for Iron Flow BESS Updated On Tue, Sep 26th, 2023 by Saurenergy North Carolina-based firm Honeywell and ESS have joined hands on the advancement of iron flow battery (IFB) energy storage systems. This is based on the patented IFB design of ESS with advanced materials and expertise in energy systems that Honeywell boasts. ESS is a manufacturer of iron flow batteries. The firm recently announced its ambition […] Read more
Serentica Renewables Gets Capital Infusion of INR 3000 Cr from REC Updated On Mon, Sep 25th, 2023 by Saurenergy Serentica Renewables, a C&I focused renewable energy developer in India, has announced the completion of INR 3000 crores of debt funding from REC Limited – one of India’s largest power sector lenders. REC’s support is expected to assist Serentica in developing its hybrid renewable energy projects coming up in Karnataka. The company is setting up […] Read more
