U.K. Govt Gives a £166.5 Million Major Cash Boost to Green Tech Updated On Thu, May 27th, 2021 by Saurenergy The UK government recently announced a £166.5 million cash injection for the country’s green technology and development, as part of the Green Industrial Revolution. The funding package will help the UK meet its climate targets, create jobs, and decarbonise its most polluting industries. Energy Minister Anne-Marie Trevelyan said, “Just 6 months ago, the Prime Minister set […] Read more
Fortescue, IHI Study Green NH3 Supply Chain Options b/w Aus & Japan Updated On Mon, May 24th, 2021 by Saurenergy Three notable companies- Fortescue Future Industries Pty Ltd (FFI), IHI Engineering Australia Pty Ltd (IEA), and IHI Corporation (IHI)- have signed a memorandum of understanding (MOU) for investigation into establishing green ammonia (NH3) supply chains between Australia and Japan. The Australian FFI is a subsidiary of Fortescue Metals Group Ltd, which works in culture, innovation […] Read more
Indian Oil – Phinergy JV Formed to Boost India’s Green Mobility Aspirations Updated On Fri, Mar 19th, 2021 by Saurenergy Indian Oil – Phinergy JV to manufacture Aluminium-Air systems and indigenous hydrogen storage solutions for promoting green mobility in India The Indian Oil Corporation (Indian Oil) has announced that it has established a Joint Venture (JV) with Israeli start-up company Phinergy which specialises in hybrid lithium-ion and aluminium-air/zinc-air battery systems. The IOC Phinergy Private Limited […] Read more
Fortescue and EIG-Backed Companies Sign MoU to Develop Green Hydrogen Plant in Brazil Updated On Wed, Mar 17th, 2021 by Saurenergy EIG, a leading institutional investor to the global energy sector, and Prumo Logística S.A. (“Prumo”), a private Brazilian company controlled by EIG, today announced the signing of a Memorandum of Understanding (“MoU”) between Prumo’s subsidiary, Porto do Açu Operações S.A. (“Port of Açu” or the “Port”), and Fortescue Future Industries Pty Ltd (“FFI”). FFI is […] Read more
IESA Partners With Greenstat Hydrogen to Support India’s Hydrogen Mission Updated On Fri, Feb 19th, 2021 by Saurenergy IESA and Greenstat Hydrogen India have partnered for a period of two years to accelerate the hydrogen technology development in India. India Energy Storage Alliance (IESA), India’s leading alliance on energy storage & e-mobility and Greenstat Hydrogen India, a Norwegian energy organization, recently signed a Memorandum of Understanding for a period of two years to […] Read more
Dexler Energy to Develop 13 MW Rooftop Solar Plants for Sunvik Steels Updated On Tue, Feb 9th, 2021 by Saurenergy Sunvik Steels has partnered with Dexler Energy to develop rooftop solar plants of 13 MW capacity across 2 facilities of Sunvik near Bangalore Sunvik Steels, an integrated steel manufacturer in India has announced that it has partnered with Dexler Energy for its solar power plans. Dexler has been selected to develop the rooftop solar plants […] Read more
Making Green Hydrogen a Cost-Competitive Climate Solution Updated On Fri, Dec 18th, 2020 by Saurenergy As global economies turn increasingly carbon neutral, IRENA drives hydrogen agenda and sees renewable hydrogen at least cost possible within decade Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA) published today. A combination of falling costs for […] Read more
FTI Consulting Unveils India Green Hydrogen Roadmap Report Updated On Thu, Dec 3rd, 2020 by Saurenergy FTI Consulting recently unveiled its India Green Hydrogen Roadmap report, proposing a target of 4 percent for hydrogen energy in the national energy mix by 2030. FTI Consulting recently unveiled its India Green Hydrogen Roadmap report. The report proposes a target of 4 percent for hydrogen energy in the national energy mix by 2030 and […] Read more
Covid-19 Created Opportunity to Implement Greener, More Circular Economy: Dr. Ajay Mathur Updated On Sat, Jun 6th, 2020 by Saurenergy The coronavirus pandemic has created the opportunity to implement a greener, more circular economy, said Dr. Ajay Mathur, Director General, The Energy and Resources Institute, (TERI). He was speaking at a webinar hosted to mark the World Environment Day on the theme, “Resource Efficiency for Greening of Recovery and fostering Sustainable Economic Growth in a […] Read more