Hindalco, Phinergy And IOP Forge Partnership For Development Of Aluminium-air Batteries Updated On Tue, Jul 19th, 2022 by Saurenergy Metal major Hindalco Industries Ltd has signed an MoU with Israel based battery maker Phinergy and IOC Phinergy Private Ltd (IOP). This collaboration will pave the way for Phinergy and IOP to work with Hindalco in India for R&D and pilot production of aluminium plates for Aluminium-Air batteries. It will facilitate recycling of aluminium, following […] Read more
GM, Pilot Company To Establish Coast-to-Coast EV Fast Charging Network in USA Updated On Tue, Jul 19th, 2022 by Saurenergy GM and Pilot Company (Pilot and Flying J) have announced partnership for DC fast charging network that will be installed, operated and maintained by EVgo through its eXtend offering in the United States of America. The key objective behind this is to advance adoption of EVs, while also accelerating access to charging and making possible […] Read more
AP Identifies 29 Locations For 33 GW PSP Projects Updated On Mon, Jul 18th, 2022 by Saurenergy Andhra Pradesh has identified about 29 locations across the state for development of Pumped Hydro Storage Projects (PSP) totaling the capacity of 33 GW in 1.45 lakh acres of land in Kadapa, Kurnool, Anantapur districts. Rolling out the PSP projects, Non-Conventional Energy Development Corporation of Andhra Pradesh Limited will help lease around 5 lakh acres […] Read more
Syncarpha, Rosemawr Forge Partnership For ‘solar plus storage’ Projects In New England Updated On Thu, Jul 14th, 2022 by Saurenergy Syncarpha Capital and Rosemawr Sustainable Infrastructure Management have forged an initial $100M financing partnership. This will pave the path for the deployment of solar and solar plus storage projects in Massachusetts New England region of the USA. Rosemawr Sustainable Infrastructure Management is the sustainable infrastructure investment arm of Rosemawr Management. Cliff Chapman, CEO at Syncarpha, […] Read more
Two-thirds Of New Renewable Power In 2021 Cheaper Than Cheapest Coal In G20: IRENA Updated On Thu, Jul 14th, 2022 by Saurenergy Renewable Power Generation Costs in 2021, published by the International Renewable Energy Agency (IRENA) has stated that almost two-thirds or 163 gigawatts (GW) of newly installed renewable power in 2021 was cheaper than the world’s cheapest power plants, the source of which was coal, in the G20 countries. According to IRENA, the renewable power added […] Read more
Syngene Announces Acquisition of 26% Stake in Ampyr Updated On Wed, Jul 13th, 2022 by Saurenergy The corporate sector is bullish about investments in the renewable sector reasoned by the availability of cheap power and compulsions under ESG ambitions. In a latest development, Syngene International has revealed that it is looking to acquire up to 26 per cent equity stake in Ampyr Renewable Energy Resources Eleven, which is a SPV formed […] Read more
BP And Thyssenkrupp Steel Sign MoU On Supply Of RE In Steel Production Updated On Tue, Jul 12th, 2022 by Saurenergy British Oil major BP and German metal working giant Thyssenkrupp Steel have signed an MoU to ensure long-term supply of low carbon hydrogen and renewable power for steel production. Among the renewable options for both the companies are blue hydrogen, green hydrogen, wind and solar generation through solar purchase agreements. Steel accounts for 8-11% of […] Read more
BII To Invest Up To Rs 1925 Cr In Mahindra’s 4-Wheeler Segment Updated On Fri, Jul 8th, 2022 by Saurenergy Indian multinational automotive manufacturer Mahindra & Mahindra (M&M) and the British International Investment (BII) have recently inked a pact which will facilitate investment of Rs 1,925 crore each in a wholly owned subsidiary of the home-grown auto major and form a new entity EV Co. As the name suggests, the focus will be on four-wheel […] Read more
Shell To Build Europe’s Largest Renewable Hydrogen Plant Updated On Thu, Jul 7th, 2022 by Saurenergy When Holland Hydrogen I starts operating in 2025, it will produce up to 60,000 kg of renewable Hydrogen and become the largest renewable hydrogen plant in Europe. Hydrogen will be produced by a 200 MW electrolyser, which will be constructed by Shell Nederland and Shell Overseas Investments in the port of Rotterdam. “Holland Hydrogen I […] Read more