Battery Maker EnerVenue Raises $100 M in Series A Funding Updated On Thu, Sep 16th, 2021 by Saurenergy US-based EnerVenue has raised $100 million in Series A funding, which was led by Schlumberger New Energy and accompanied by Saudi Aramco Energy Ventures (SAEV, the corporate venture capital program of Aramco Ventures) and others. Additionally, EnerVenue announced the framework for a major distribution and manufacturing agreement with Schlumberger New Energy to significantly expand global […] Read more
Japan Partners with Australia on Green H2 Supply Chain Updated On Thu, Sep 16th, 2021 by Saurenergy Four Japanese companies, Iwatani Corporation, Kawasaki Heavy Industries, Kansai Electric Power, and Marubeni Corporation, have signed a memorandum of understanding with two energy infrastructure companies headquartered in Australia, Stanwell Corporation Limited and APT Management Services Pty, to jointly implement a feasibility study of the Central Queensland Hydrogen Project (CQ- H2). This project will produce hydrogen […] Read more
Maha Govt, JSW Sign MoU for Green Projects Worth ₹35,500 Cr Updated On Wed, Sep 15th, 2021 by Saurenergy The Maharashtra government and power major JSW Energy Ltd have signed two MoUs to set up two green projects worth Rs 35,500 crore. The agreement is part of the slew of initiatives under the state government’s Magnetic Maharashtra 2.0 initiative, started last year, to focus on stimulating investment and growth. “The two new projects will […] Read more
India and US Agree on Further Climate Agreements Updated On Mon, Sep 13th, 2021 by Saurenergy Union Power Minister R. K. Singh met a delegation led by Mr. John Kerry, U.S. Special Presidential Envoy for Climate, today to discuss further collaboration on climate change issues to pave the way for the impending energy transition. Mr. Alok Kumar, Secretary Ministry of Power, and other senior officials from the ministry were also present. […] Read more
Saudi Arabia Gets Serious About Solar to Meet National, Youth Aspirations Updated On Mon, Sep 13th, 2021 by Saurenergy Saudi Arabia is on a tight deadline. The kingdom has set itself some of the most ambitious economic and social targets in the region, with an aim to revamp its economy completely. Underpinning this drive for change is its youth population, now better equipped than ever to contribute productively. Not only does the kingdom want […] Read more
Eaton, NREL, Ballard to Develop Heavy-Duty Truck Fuel Cell Technology Updated On Thu, Sep 9th, 2021 by Saurenergy Dublin-based power management company Eaton’s Vehicle Group has partnered with fuel system manufacturer Ballard Fuel Cell Systems, and the Department of Energy’s National Renewable Energy Laboratory (NREL), to develop heavy-duty truck fuel cell technology. The partnership is the result of a grant Eaton’s Vehicle Group received from the U.S. Department of Energy to develop highly […] Read more
Egypt Set To Catch Up On Solar Growth In Coming Years Updated On Wed, Sep 8th, 2021 by Saurenergy GlobalData’s has released a new report, ‘Egypt Power Market Outlook to 2030, Update 2021 – Market Trends, Regulations, and Competitive Landscape’ to evaluate and project the Egyptian power market to 2030. Egypt, despite having very favourable conditions for renewable energy, especially solar power, has lagged until recently, like much of the countries in the African […] Read more
India to Increase Incentives for EV and H2-powered Car Makers Updated On Mon, Sep 6th, 2021 by Saurenergy India has revised its proposed $8 billion scheme for the auto sector which will now focus on providing incentives to companies to build electric and hydrogen fuel-powered vehicles, according to recent media reports. This is a significant shift from the government’s original plan to incentivise auto and auto part maker to build mainly gasoline vehicles […] Read more
LONGi’s H1 FY21 Results Out: US$5.438 B Revenue Reported Updated On Mon, Sep 6th, 2021 by Saurenergy Chinese module manufacturer LONGi has released its financial results for the first half of 2021, reporting revenue of 35.098 billion yuan (around US$5.438 billion), an increase of 74.26% compared to the same period of last year. The company earned a net profit of 4.993 billion yuan (around US$773.688 million), up 21.30% over the prior-year period. […] Read more
