IOC Wants Green Hydrogen To Meet 10% Of Energy Requirements By 2030 Updated On Wed, Aug 3rd, 2022 by Saurenergy State-owned Indian Oil Corporation (IOC) has said in its annual report that the multinational PSU wants to replace a tenth of its grey hydrogen produced with the use of fossil fuels in its refineries with green hydrogen which is carbon free. The decision is aimed at de-carbonization efforts of the company. Today, the petroleum refining […] Read more
Shocking To See How The Small-Scale, Decentralized Rooftop Solar Market Was Ignored Updated On Tue, Aug 2nd, 2022 by Saurenergy Pyse is a web-based investment platform that allows retail investors to invest their savings in sustainable projects that create social and environmental impact. The company is helmed by two young entrepreneurs Kaustubh Padakannaya and Vinay Mantha, who are using their tech background to solve climate change. Kaustubh Padakannaya is an impact-focused entrepreneur that works at […] Read more
Second-Life Lithium Battery Storage Repurposing Is a Huge Opportunity Updated On Tue, Aug 2nd, 2022 by Saurenergy BATX energies is one of those companies which are truly a product of the times. Set up as a lithium recycling startup by co-founders barely out of college, the firm is firmly focused on the circular economy, as the energy transition gathers space. In the news recently for a fund raise, we caught up with […] Read more
Charging A Crayon Scooter Is As Simple As Charging A Mobile Phone: Mayank Jain, Director, Crayon Motors Updated On Fri, Jul 29th, 2022 by Saurenergy Mayank Jain, Director, Crayon Motors, began his career at the organisation in 2019. Under his leadership, he steered the EV start-up company into a direction that makes it one of the fastest-growing EV firms in less than two years. Even though he had the option to pursue MBA from the esteemed IE Business School after […] Read more
Govt Mulls Law To Privatise Lithium Mining For Battery Production Updated On Fri, Jul 29th, 2022 by Saurenergy The Union Government may introduce a change in the law to permit private miners extraction of Lithium, a crucial component of batteries used in electric vehicles, without which, energy independence in green technologies is difficult to achieve. It is being said that the Modi government aims to change current laws during the current session of […] Read more
TotalEnergies Reveals Q2 Results; Company Records Jump In Profits Updated On Fri, Jul 29th, 2022 by Saurenergy Global renewable energy player, TotalEnergies has announced its financial results of the second quarter of 2022. It has said that the EBITDA from the renewables and electricity business of the company has grown to $462 million in the second quarter. TotalEnergies says that this is 49 per cent more as compared to the corresponding quarter […] Read more
Total Eren Launches Ambitious Wind Farm Project Updated On Fri, Jul 29th, 2022 by Saurenergy Total Eren, a leading renewable energy Independent Power Producer (IPP) based in Paris, has announced the launch of the construction and successful financial close of the Parang Project, which entails a 16.7 MW wind farm, set up together with its partners WEEN E&S and Korea Midland Power (KOMIPO). The Project has been co-developed by Total […] Read more
Tata Green Switch Project Provides Access to Green Electricity in Jharkhand Updated On Thu, Jul 28th, 2022 by Saurenergy The primary provider of financial services for the Tata Group, Tata Capital has developed and launched the “Green Switch Project,” a CSR initiative. The distant areas of Jharkhand’s Simdega district will receive consistent and uninterrupted green electricity through this initiative. Under this Green Switch project, Tata Capital will provide clean home power to far-flung tribal […] Read more
500GW of Energy Storage Will Be Globally Available By 2031: Wood Mackenzie Updated On Thu, Jul 28th, 2022 by Saurenergy UK-based data provider Wood Mackenzie has released its Global Energy Storage Outlook today. According to this report, market growth for global energy storage has been uneven, with cumulative storage deployments anticipated to reach 500GW by 2031. Only 159-gigawatt hours (GWh) are projected for the region by 2031, compared to 422 GWh for China and 600 […] Read more