British Intl Invt invests $89 M to scale renewable energy in India Updated On Thu, Mar 31st, 2022 by Saurenergy British International Investment, formerly CDC Group, the UK’s development finance institution (DFI) and impact investor, has announced a total commitment of $89 million to scale renewable energy capacity in India. The DFI’s investment is comprised of a Rs 350 crore (US $47 million) follow-on commitment to Fourth Partner Energy, and a Rs 315 crore (US […] Read more
CII Pitches for Free Access For Green EV Charging Updated On Tue, Mar 22nd, 2022 by Saurenergy Key Industry body Confederation of Indian Industry (CII) has pitched to make Open Access almost free where EV charging stations are powered by green energy, namely solar or wind energy. The idea is already being tried out in many places worldwide. “The Confederation of Indian Industry (CII) has called for an early policy notification for […] Read more
Bharat Serums acquires 26% stake AMP Energy C&I One Updated On Mon, Mar 21st, 2022 by Saurenergy Bharat Serums and Vaccines (BSV), a leading biopharmaceutical company in India, has announced that it has acquired a 26% stake in AMP Energy C&I One. Though both the companies have not yet disclosed the financial details of the deal, the acquisition is meant to supply green energy for its manufacturing facility in Ambernath in Maharashtra. […] Read more
Jaguar I-Pace batteries find second life as Energy Storage Systems Updated On Wed, Mar 16th, 2022 by Saurenergy Marquee auto major Jaguar Land Rover’s engineering team have worked with Pramac to develop a zero-emission energy storage unit powered by second-life Jaguar I-PACE batteries, taken from prototype and engineering test vehicles. Making better use of second life batteries has been a priority for both auto firms, and researchers, to defer the need to send […] Read more
With formal approval, 20 GW of RE capacity on its way for green corridor Updated On Wed, Mar 16th, 2022 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has notified the President’s approval for the implementation of the “Intra-state Transmission System Green Energy Corridor (GEC) Phase- II” scheme, which will enable the creation of intra-state transmission infrastructure required for the power evacuation of renewable power projects in the country. The projects, which would have approx. […] Read more
Multi GW RE growth opportunity for Origin Energy this decade, says firm Updated On Wed, Mar 9th, 2022 by Saurenergy Australian oil and gas major Origin Energy Limited (Origin) has announced it intends to undertake an initial on-market share buy-back of $250 million. The share buy-back is expected to commence in April 2022. Origin CEO Frank Calabria said, “Origin is in a strong financial position, with a robust outlook for the business and a capital structure […] Read more
Solution Architect – Access to Energy Updated On Fri, Mar 4th, 2022 by Saurenergy Main overview of what the job entails and aim towards Manage technical-commercial tenders and quotations for Access to Energy business in APAC region. Propose architecture solutions suitable for Access to Energy market. Ensure and coordinate commissioning and troubleshooting Microgrid installed base Responsibilities:- Coordinate with sale, business develop team and customers to understand requirement and design […] Read more
Hype powers the green hydrogen journey for now Updated On Mon, Feb 28th, 2022 by Saurenergy With not even a week since the National Green Hydrogen Policy (Phase1) was announced, you could be forgiven for thinking that the revolution is here. The key points of the policy are: Green Hydrogen / Ammonia manufacturers may purchase renewable power from the power exchange or set up renewable energy capacity themselves or through any […] Read more
Indian Oil Says New Policy to Cut Green H2 Cost by 40-50% Updated On Mon, Feb 21st, 2022 by Saurenergy Largest Indian oil firm IOC will set up ‘green hydrogen’ plants at its Mathura and Panipat refineries by 2024 to replace carbon-emitting units as it sees the just announced green hydrogen policy as a watershed moment in the country’s energy transition that will help cut costs. SSV Ramakumar, Director for Research and Development at Indian […] Read more