Germany Pledges €10 billion support for India to achieve 500GW RE by 2030 Updated On Wed, May 4th, 2022 by Saurenergy Prime Minister Narendra Modi and Germany Chancellor Olaf Scholz signed a joint declaration in Berlin according to which Germany has pledged €10 billion ($10.52 billion) support to India until 2030 to help the country meet its target of raising its non-fossil energy generation capacity to 500 GW. PM Modi and Chancellor Scholz signed a joint […] Read more
US Federal Government to spend $3 billion to boost electric vehicles and battery production in USA Updated On Wed, May 4th, 2022 by Saurenergy The administration of the US President Joe Biden has announced that a $3.1 billion plan will be formulated to give a fillip to the manufacturing of domestic electric vehicles batteries to expedite the transition of the USA from gas powered vehicles to electric vehicles. The per capita greenhouse gases’ emission in the USA is the […] Read more
India-German Agreement On Indo-German Green Hydrogen Task Force Takes Shape Updated On Wed, May 4th, 2022 by Saurenergy As a precursor to Prime Minister Narendra Modi’s official visit to Germany , India and Germany have signed a pact on Green Hydrogen. India’s Union Minister for Power and New and Renewable Energy, RK Singh and German Minister for Economic Affairs and Climate Change, Robert Habeck signed the joint declaration virtually whereby the two countries […] Read more
Ayana, Greenstat to Jointly Develop Green Hydrogen Projects in India Updated On Tue, May 3rd, 2022 by Saurenergy Ayana Renewable Power (Ayana) and Greenstat Hydrogen India have entered into a Joint Development Agreement (JDA) for the development of green hydrogen projects in India. Green Hydrogen is powered by renewable energy in the electrolysis process. Ayana Renewable Power is backed by National Investment and Infrastructure Fund (NIIF) and Greenstat Hydrogen India is a subsidiary […] Read more
Three Norway RE Firms make ‘Hydepoint’ for offshore green hydrogen production Updated On Mon, May 2nd, 2022 by Saurenergy Three major renewable energy players based out of Norway have joined forces to develop a combined offshore wind energy substation and an offshore hydrogen factory in the seas of Norway. Arendals Fossekompani, Kongsberg and Moreld are the collaborating companies who will have equal shares in a new company called ‘Hydepoint.’ The official statement of the three companies reveals […] Read more
RWE to supply solar power generated at German coal mine Updated On Thu, Apr 28th, 2022 by Saurenergy In only a few weeks’ time, RWE’s Inden Opencast Mine will no longer produce just lignite, but also solar power. After officially breaking ground, building work has commenced for a utility-scale photovoltaics system with integrated battery storage. The solar modules will produce a peak electric output of 14.4 megawatts (MW). The “RWE indeland Solarpark” is […] Read more
Germany’s GridX secures $40 Million in Series C Funding Updated On Thu, Apr 28th, 2022 by Saurenergy GridX, a German enterprise rate platform provider to modern utilities and energy technology companies, has closed $40 million in Series C funding led by Energy Impact Partners (EIP), a global investment platform. Moore Strategic Ventures (MSV), Sunfox Capital and NGP ETP also participated in the round with Hunter Horgan of MSV joining the company’s board […] Read more
Judge sides with Elon Musk in lawsuit over SolarCity Updated On Thu, Apr 28th, 2022 by Saurenergy A judge in the state of Delaware on Wednesday handed Tesla chief Elon Musk a victory in a shareholder lawsuit filed over the controversial buy of solar panel maker SolarCity. The judge ruled against a group of Tesla shareholders who contended that Musk, who was chairman of both Tesla and SolarCity at the time of […] Read more
ChargeZone’s 125 Strong DC Point Network Powering E-buses across Indian cities Updated On Wed, Apr 27th, 2022 by Saurenergy Vadodara based electric vehicle charging network company ChargeZone has announced today that it is powering more than 500 Electric Buses through its nation-wide network of over 125 Superfast DC Points in cities such as Ahmedabad, Chandigarh, Patna, Lucknow, Gorakhpur, Kanpur, Varanasi etc. in a bid to accelerate the growth of e-mobility in India. The company has undertaken this initiative […] Read more
