Electric Bus Market To Surpass USD 53 Billion By 2027 Updated On Thu, Feb 24th, 2022 by Saurenergy The electric bus market is set to grow from its current market value of more than USD 28 billion to over USD 53 billion, as reported in the latest study by Global Market Insights Inc. As the world is advancing towards sustainable development with the profound steps to reduce carbon emissions, adoption of cleaner technologies has been […] Read more
Ashok Leyland Mulls Separate EV Plant, ₹5 B Invt in Alternative Fuel Tech Updated On Mon, Feb 21st, 2022 by Saurenergy Bullish on the future of green mobility, Hinduja Group flagship commercial vehicle maker Ashok Leyland plans to set up a new manufacturing facility in the country to roll out electric vehicles, according recent media reports. The Chennai-based firm has also lined up a Rs 500 crore investment to develop powertrains based on alternative fuels like […] Read more
Focusing Only on Renewables a ‘Fatal Mistake’: Saudi Energy Minister Updated On Mon, Feb 21st, 2022 by Saurenergy The Saudi energy minister said on Sunday that focusing only on renewable power sources was a mistake and that the world may not be able to produce all the energy needed for economic recovery from the coronavirus pandemic. “The pandemic and the recovery underway have taught us the value of caution,” said Prince Abdulaziz bin […] Read more
Energy Vault Inks $100 M Deal to Deploy its Energy Storage Tech in China Updated On Wed, Feb 2nd, 2022 by Saurenergy Swiss energy storage firm Energy Vault has announced a License and Royalty agreement for renewable energy storage with Atlas Renewable and their majority investor China Tianying, an international environmental management and waste remediation corporation engaged in smart urban environmental services, resource recycling and recovery, and zero-carbon clean energy technologies. The agreement supports the deployment of […] Read more
The Sodium Ion Batteries Behind Reliance’s $135 million Purchase of Faradion Updated On Sat, Jan 22nd, 2022 by Saurenergy When Reliance announced the outright purchase of UK based Faradion Limited on the last day of 2021, it was widely seen as one more brick in the renewable edifice that Reliance has committed itself to. The Faradion investment was the 6th major investment by the firm into technologies or competency in the renewable space. But […] Read more
Australia’s Victorian Govt Grants $7 M for H2 Use in Heavy Transport Updated On Wed, Jan 19th, 2022 by Saurenergy The Victoria State Government, Australia, is providing $6.6 million via its Renewable Hydrogen Commercialisation Pathways Fund to six renewable hydrogen projects aiming to clean up heavy transport, buses and industry. The recipients were announced by Victorian minister for Energy, Environment and Climate Change, Lily D’Ambrosio. “Renewable hydrogen is a key part of our clean energy […] Read more
Decarbonisation to See $395 B Capex by 2030: Report Updated On Wed, Jan 12th, 2022 by Saurenergy As India moves more aggressively towards its decarbonisation goals with the overall energy economy shifting towards greener fuels, a Wall Street brokerage has said this space will see a capex of $395 billion by 2030. At COP21 in Paris, as part of its nationally determined contributions, New Delhi had committed to achieve 40 per cent […] Read more
Tata Steel UK Plant Helps Build World’s Largest Offshore Wind Farm Updated On Thu, Dec 23rd, 2021 by Saurenergy Steel made at Tata Steel’s Port Talbot plant in Wales is behind the world’s largest offshore wind farm due to be completed by 2026, the Indian steel major said on Wednesday. The Dogger Bank Wind Farm, capable of providing green energy for 6 million homes in the UK, will make use of steel processed into […] Read more
Enel To Start Selling Electricity Directly To Consumers In Australia Updated On Mon, Dec 6th, 2021 by Saurenergy Giving a boost to its plans on offering its unique “green-tailer” product in Australia, Italian energy major Enel Group has secured an energy retail license from the Australian Energy Regulator (AER). As a part of its offering, Enel combines renewables from virtual power plants to EV charging options for its customers. The entry of Enel […] Read more
