The Time for Battery Storage & Green Hydrogen Is Here, Says IEEFA Note Updated On Fri, Oct 22nd, 2021 by Saurenergy A new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA) states that battery storage and green hydrogen will be vital to India’s energy transition goals, especially the goal of 450 GW of renewables by 2030. “Grid-scale energy storage technologies will play a critical role in India’s decarbonisation journey, helping to integrate the 450 […] Read more
Annual Energy Storage Installations to Exceed 30GW by 2030: IHS Markit Updated On Mon, Oct 11th, 2021 by Saurenergy The global energy storage market continues to prove resilient to the impacts of COVID-19 and supply constraints for Li-ion batteries and will enter a prolonged period of growth this year, with annual installations reaching more than 30 GW by 2030 – up 250% from 2021 levels – according to the latest report from the Clean […] Read more
I Squared Capital Sets Up New Renewable Energy Platform Updated On Tue, Oct 5th, 2021 by Saurenergy Global infrastructure fund manager I Squared Capital has established Cube Green Energy, a renewable energy platform dedicated to accelerating the energy transition to a zero-carbon economy in Continental Europe. The platform will develop, re-power, construct, and operate wind and solar farms, as well as invest in the deployment of associated emerging technologies such as battery […] Read more
IRENA & GWEC Target 380 GW Offshore Wind Energy by 2030 Updated On Tue, Sep 28th, 2021 by Saurenergy The International Renewable Energy Agency (IRENA) and the Global Wind Energy Council (GWEC) have signed the Global Offshore Wind Energy Compact, an agenda that aims to ensure sustainable energy for all, helping the global battle against climate change. The compact sets a target of 380 GW of energy from offshore wind, installed worldwide by 2030; by […] Read more
Orbital to lead EU’s €26.7 M Project for Floating Tidal Energy Deployment Updated On Fri, Sep 17th, 2021 by Saurenergy Scottish technology developer Orbital Marine Power will lead a pan-European consortium to deliver the €26.7m FORWARD-2030 project, set up to accelerate the commercial deployment of floating tidal energy, with Swedish manufacturing company SKF as a key partner. The project will see the installation of the next iteration of the Orbital turbine, integrated with a hydrogen […] Read more
Ayana Renewable, Greenstat Hydrogen Sign MOU For Hydrogen Development In India Updated On Tue, Sep 7th, 2021 by Saurenergy Ayana Renewable Power, a renewable energy platform majority controlled by National Investment and Infrastructure Fund (NIIF), focuses on development of utility scale renewable projects in India. Ayana’s vision is to be the lowest cost renewable energy producer which utilizes technology to maximize value creation. Ayana and Greenstat Hydrogen India, a Norwegian energy organization, recently signed […] Read more
Siemens Energy to Build Green H2 Industry in Egypt Updated On Fri, Aug 27th, 2021 by Saurenergy German company Siemens Energy has signed a Memorandum of Understanding with the Egyptian Electricity Holding Company to jointly develop hydrogen-based industry in Egypt with export capability. The agreement was signed by Christian Bruch, President and CEO of Siemens Energy, and Gaber El- Dessouki, Chairman of the Board of Directors of the Egyptian Electricity Holding Company […] Read more
After Reliance, IOC, NTPC, now GAIL to Foray into Hydrogen Updated On Mon, Aug 23rd, 2021 by Saurenergy State-owned natural gas corporation GAIL plans to foray into hydrogen and ethanol production, as well as expanding its presence in the petrochemicals segment. Hydrogen is a clean fuel that, when consumed in a fuel cell, produces only water. Many countries are venturing into hydrogen production from a variety of domestic resources, such as natural gas, nuclear […] Read more
Green Hydrogen Tech Can Decarbonise India’s Steel Sector: TERI Updated On Fri, Aug 20th, 2021 by Saurenergy Green hydrogen technologies have the potential to drastically reduce CO2 emissions from primary steelmaking in India, allowing the sector to industrialise without the need to “carbonise,” finds new research by the Energy and Resources Institute (TERI). The study entitled “Green Steel through Hydrogen Direct Reduction: A Study on the Role of Hydrogen in the Indian […] Read more
