Norwegian Firm Equinor’s RE Unit Reports Losses in Q3 2022; Net Operating Loss at US$56m Updated On Fri, Oct 28th, 2022 by Saurenergy Government-owned Norwegian firm Equinor has shared that it is witnessing expanding losses from its renewables unit. The losses have been reported in the third quarter 2022 as against the corresponding quarter last year. The renewables arm of Equinor recorded a net operating loss of US$56m in the quarter- more than twice the figure in the […] Read more
UPPCL Invites Bids for 10 MW/40MWh Standalone BESS in Mathura Updated On Fri, Oct 28th, 2022 by Saurenergy Uttar Pradesh Power Corporation Ltd. (UPPCL) has invited bids for the setting up of a project of a 10MW / 40MWh standalone battery energy storage system in Uttar Pradesh at Vrindavan, Mathura. The last date for submitting the bid for this 10MW / 40MWh standalone battery energy storage system project is December 26, 2022, & […] Read more
Minerals firm ICL To Invest $400 Million in Lithium Battery Materials Facility in US Updated On Fri, Oct 21st, 2022 by Saurenergy Global minerals conglomerate ICL has announced that it plans to build a $400 million lithium iron phosphate (LFP) cathode active material (CAM) manufacturing plant in St. Louis, USA. ICL held that this is expected to be the first large-scale LFP material manufacturing plant in the United States. ICL was awarded $197 million through the Bipartisan […] Read more
DOE Awards $100 Million to Group14 Technologies for Battery Production Updated On Thu, Oct 20th, 2022 by Saurenergy Group14 Technologies announced that it has been selected as a recipient of the first set of projects funded by US President Joe Biden’s ‘Bipartisan Infrastructure Law’ to expand domestic battery manufacturing for electric vehicles and the electrical grid. Group14 held that it will receive $100 million for battery materials processing and battery manufacturing to support […] Read more
USA’s Triton Electric Vehicle Issues Rs 8060 Cr LoI to Bharat Electronics for Battery Packs Updated On Thu, Oct 20th, 2022 by Saurenergy Navratna Defence PSU Bharat Electronics Limited (BEL) has received a Letter of Intent (LoI) from USA-based and a subsidiary of Triton Electric Vehicle LLC electric vehicle company Triton Electric Vehicle India (TEV) for the purchase of 300 KW Li-Ion Battery Packs for its semi-truck project in India at an estimated cost of Rs. 8060 Crores. […] Read more
Singapore’s LNG Alliance Sets Up Business Unit in India for New Energies Updated On Wed, Oct 19th, 2022 by Saurenergy Singapore-based LNG Alliance has said that its affiliate Carbon Governance has established a new business unit Linga New Energies in Chennai, Tamil Nadu, India to serve as a leading-edge technology hub for green hydrogen. LNG Alliance said in its official statement that the key focus of the new company will be new energies project developments […] Read more
Solis Debuts at the Largest Fair in the World Updated On Mon, Oct 17th, 2022 by Saurenergy The long-awaited 132nd Canton Fair was officially opened on October 15th. Affected by the COVID-19 epidemic, the exhibition took the form of online participation. The massive fair is divided over three phases to provide an opportunity to all the sectors, and the 24,000 exhibitors that are represented this year. This year, Ginlong (Solis) Technologies, one […] Read more
EV Tech Start-up Matter Announces New Design Centre in Pune Updated On Fri, Oct 14th, 2022 by Saurenergy Matter, a vertically integrated technology start-up focused on electric mobility and energy storage, has announced its new design and software centre in the city of Pune. The centre aims to reinforce and build on the brands core value of creating boldly, keeping it simple, keeping the user at around the heart, and elevating their experiences […] Read more
Madhya Pradesh Eyes 50000 Cr Investment for RE Segment by 2027 Updated On Fri, Oct 14th, 2022 by Saurenergy Recently, Madhya Pradesh Government published the new renewable energy policy titled “Madhya Pradesh Renewable Energy Policy – 2022.” Madhya Pradesh government indicates investing Rs 15,000 crore and Rs 50000 crore for RE (renewable energy) generation industry. The state government plans to build four thousand (4,000) MW of renewable energy projects in the open access solar […] Read more
