Adani to Develop Green Hydrogen Projects in India, Partners With Maire Tecnimont Updated On Tue, Mar 23rd, 2021 by Saurenergy Maire Tecnimont and Adani Enterprises will explore the development of industrial projects producing chemicals, ammonia and hydrogen in India Italian conglomerate Maire Tecnimont has announced that it has, through its subsidiaries NextChem, Stamicarbon and MET Development (MET DEV), signed a Memorandum of Understanding (MoU) with Adani Enterprises to explore the development of industrial projects using […] Read more
India Needs to Generate 83% Electricity From RE to Achieve Net-Zero Emissions by 2050: CEEW Updated On Mon, Mar 22nd, 2021 by Saurenergy India would need to generate at least 83% of its electricity from renewable sources by 2050, if it is to achieve net-zero emissions, according to a new study by CEEW India would need to generate at least 83 percent of its electricity from (non-hydropower) renewable energy sources by 2050, if it were to commit to […] Read more
BP Targets 1 GW Hydrogen Production by 2030, Planning UK’s Largest Plant Updated On Fri, Mar 19th, 2021 by Saurenergy British multinational oil and gas company, BP has announced that it is planning to build UK’s largest hydrogen production plant. The company, which has the aim of reimagining energy and helping the world to reach net-zero emissions is targeting to produce 1 GW of hydrogen by 2030. This project would capture and send for storage […] Read more
Green Power, Silicon Ranch Complete Commissioning of 200 MW Solar Portfolio in Georgia Updated On Fri, Mar 19th, 2021 by Saurenergy Clean energy projects stimulate economic activity across the state and provide low-cost, renewable power to Georgia’s Electric Cooperatives Green Power EMC, the renewable energy provider for 38 Georgia Electric Membership Corporations (EMCs), and Silicon Ranch, one of the nation’s largest independent solar power producers and the U.S. solar platform for Shell, today announced the completion […] Read more
USAID, DFC to Grant $41 Mn Loan to Help Indian SMEs Finance Rooftop Solar Updated On Fri, Mar 19th, 2021 by Saurenergy USAID and DFC are sponsoring a USD 41 million loan portfolio to help finance investments by Indian SMEs in renewable energy, including rooftop solar. The United States Agency for International Development (USAID) and the U.S. International Development Finance Corporation (DFC) are jointly sponsoring a USD 41 million loan portfolio guarantee to help finance investments by […] Read more
BLive Raises $1 Million Investment in Pre-Series A Round From Four Investors Updated On Thu, Mar 18th, 2021 by Saurenergy A Goa-based travel tech platform that offers electric bikes for immersive experiential tours, BLive has announced that it has raised an investment of USD 1 million as part of the follow-on capital of the Pre-Series A round. The EV tourism initiative BLive has informed that the funding was a combination of debt and equity was […] Read more
Euler Motors Closes its ‘Series A’ Investment Round at $9.5 million Updated On Thu, Mar 18th, 2021 by Saurenergy Delhi-based electric last-mile logistic solutions provider, Euler Motors has announced that it has closed its Series A funding round at USD 9.5 million, with additional investments of USD 2.6 million from ADB Ventures and Blume Ventures. The investments were made by the ADB Ventures Equity Fund, which is ADB Ventures’ first investment fund in any […] Read more
Electric Vehicle Demand in India More Than Doubled in the Last 3 Years Updated On Thu, Mar 18th, 2021 by Saurenergy In a written reply to a question on electric vehicles (EVs) in the Lok Sabha, Minister of State for Heavy Industries Arjun Ram Meghwal said that the number of registered EVs as per the e-Vahan portal during the last three years has seen a consistent increase. As against 69,012 units of EVs sold in India […] Read more
Europe To Become World’s Second Largest Li-ion Battery Manufacturer By 2025 Updated On Tue, Mar 16th, 2021 by Saurenergy Europe is all set to become the world’s second-largest manufacturer of lithium-ion battery cell by 2025, said a European Commission (EC) vice-president, although some key challenges need to be addressed. In a high-level ministerial meeting of the European Battery Alliance (EBA), to support the continent’s multinational drive for a huge domestic production base and supply […] Read more
