Climate Tech Firm CarbonCapture Closes $35 M Series A Funding Updated On Thu, Oct 21st, 2021 by Saurenergy CarbonCapture, a climate tech company that makes machines that remove CO2 directly from the atmosphere, has announced the closing of a $35 million Series A funding round and the appointment of Adrian Corless as CEO. CarbonCapture will use the funds to accelerate product development efforts and to establish initial deployments of its renewable energy-powered Direct […] Read more
Sterlite Power Wins Nangalbibra-Bongaigaon ISTS power transmission bid In North-East Updated On Mon, Oct 18th, 2021 by Saurenergy Sterlite Power, a leading private sector power transmission infrastructure developer and solutions provider, has been awarded the Nangalbibra─Bongaigaon inter-state power transmission project worth INR 324 Cr through tariff-based competitive bidding (TBCB) by virtue of emerging as the L1 bidder. The project elements consist of a new 220/132 kV substation at Nangalbibra and laying of ~130 km […] Read more
Faster RE Adoption Can Cut Power Gen Cost by 50% by 2050: Wärtsilä Updated On Mon, Oct 11th, 2021 by Saurenergy Electricity production costs could be reduced by up to 50% by 2050 if countries and states adopt 100% renewable systems faster than currently planned, reports a new study by Wärtsilä. The technology group has issued the ‘Front-Loading Net Zero’ report ahead of COP26, the UN’s Climate Change Conference to be held in Glasgow this autumn, […] Read more
Kolkata Port Trust Gets First MW Sized Solar Plant, Vikram Solar The EPC Updated On Sun, Oct 10th, 2021 by Saurenergy Vikram Solar, one of India’s leading module manufacturers and a prominent EPC solar solutions provider commissioned a 1 Megawatt (MW) solar plant for Kolkata Port Trust (KoPT), The Syama Prasad Mookerjee Port Trust. This is KoPT’s first solar plant located at the Haldia Dock Complex, KoPT. It was inaugurated by the Minister of Ports, Shipping […] Read more
Fortescue Metals Acquires 60% Stake in RE Firm HyET Updated On Thu, Oct 7th, 2021 by Saurenergy Fortescue Metals’s green energy unit has bought a 60% stake in Dutch-based renewable firm High yield Energy Technologies (HyET) Group in a bid to cut costs and boost green energy production. “HyET Hydrogen’s technology will support FFI in reducing costs in other areas of the green hydrogen supply chain,” said Julie Shuttleworth, chief executive officer […] Read more
Recruitment of Assistant Quality Control Officers (Grade A0) Updated On Tue, Oct 5th, 2021 by Saurenergy Indian Oil Corporation Limited (IOCL) is a diversified, integrated energy major with presence in oil, gas, petrochemicals and alternative energy sources. Empowered with the ‘Maharatna‘ status, the organization aspires to be ‘The Energy of India’ and ‘A Globally Admired Company’. Indian Oil Corporation Ltd. has been featuring year after year among India’s Best Companies to […] Read more
BASF Turns on 5.8MWh NAS Battery System in Belgium Updated On Tue, Oct 5th, 2021 by Saurenergy German chemicals company BASF’s subsidiary BNB has installed and switched on an energy storage system comprising four NAS battery containers, which have been integrated into the electricity grid at BASF’s Verbund site in Antwerp, Belgium. NAS batteries are sodium-sulfur batteries with high energy content that are designed for stationary electricity storage. With this long-term project, […] Read more
GenCell Introduces Long-duration Backup Solution for Telecom Updated On Thu, Sep 30th, 2021 by Saurenergy GenCell Energy, an Israel-based manufacturer of fuel cell energy solutions, has launched its latest long-duration backup power solution, the GenCell Backup Operations eXtender (BOX)™, which is an efficient and reliable alkaline fuel cell technology specifically designed to meet the challenging backup power requirements of telecom and critical communications operations. In a world plagued by ever more […] Read more
Power Ministry Makes Key Changes in REC mechanism To Boost Demand Updated On Thu, Sep 30th, 2021 by Saurenergy The Union Power and new and renewable energy minister, R.K. Singh has approved key changes to the tradable renewable energy certificate (RECs) mechanism. Perhaps the biggest one is a decision to make the REC perpetual, till they are sold. Thus, it will take the pressure off renewable energy generators to sell within a timeline or […] Read more
