Karnataka Looks At A Hydrogen Cluster In Mangaluru Updated On Mon, Jun 20th, 2022 by Saurenergy Karnataka recently signed two major projects about hydrogen production. ACME Cleantech Solutions Private Limited and ReNew Power have each signed to invest ₹52,000 crores and ₹50,000 crore in the state over the last one month, in MoU’s signed at Davos. Sharing the vision of the state government, Gunjan Krishna, commissioner for industrial development and director, […] Read more
Volvo Invests $4.9 million In Connected Energy For Second Life Battery Business Updated On Mon, Jun 20th, 2022 by Saurenergy Volvo Energy is investing about 50 million Swedish kronor (SEK) or $4.9 million for 10 percent in the UK-based second-life battery energy storage specialist Connected Energy. Joachim Rosenberg, President, Volvo Energy, said, “There is a great deal of untapped potential in the second-life use of batteries. This forward-leaning investment aims to facilitate the scaling-up of […] Read more
Ireland Awards 414 MW Of Wind, 1534 MW Of Solar Projects At $101.80/MWh Updated On Fri, Jun 17th, 2022 by Saurenergy EirGrid, state-owned power grid of Ireland, has recently released the list of final bidders winning the auction of twin deployments – 414 MW onshore wind and 1534 MW solar – under the aegis of Renewable Electricity Support Scheme 2 (RESS 2). The auction put to rest the price bands as the average price of the […] Read more
Bhutan Mulling 300 MW Solar Power Addition Updated On Fri, Jun 17th, 2022 by Saurenergy The Himalayan country of Bhutan is looking bullish for solar power as it plans to diversify its energy mix. Reports cited the Economic Affairs Minister of Bhutan, Lokhnath Sharma saying that Bhutan will add 300 MW of solar power in the coming years. Bhutan currently has a mere 9 MW of renewable energy other than […] Read more
UK Govt To End Electric Vehicle Subsidy As Demand Rises Updated On Fri, Jun 17th, 2022 by Saurenergy The remaining subsidies on the electric cars for the buyers in the United Kingdom are coming to a closure after a reasonable run. The UK government is mulling to do away the benefits of £300 million to purchasers as the demand for electric vehicles is rising. The government says that the funds will then be […] Read more
CrossBoundary Gets $25 Million For Solar Power Mini-Grids Expansion In Africa Updated On Fri, Jun 17th, 2022 by Saurenergy Kenya based CrossBoundary Energy Access (CBEA) has announced that it has raised $25 million funding from different investors – ARCH Emerging Markets Partners Limited, Bank of America, and Microsoft Climate Innovation Fund. The new investment will also garner an additional $25 million in senior debt for the deployment of $50 million of capital that will […] Read more
BP to take 40% stake in AREH – The $36 billion Green Hydrogen Focused Project In Australia Updated On Thu, Jun 16th, 2022 by Saurenergy Energy major BP has announced that it will acquire a 40.5 per cent equity stake in the Asian Renewable Energy Hub (AREH) to become operator of it. BP said that AREH has the potential to be one of the largest renewables and green hydrogen hubs in the world. AREH is located in the Pilbara region […] Read more
GE Finance takes 49% Stake In Continuum Wind Energy Project In Gujarat Updated On Thu, Jun 16th, 2022 by Saurenergy General Electric has declared that it has acquired a 49% stake in the Morjar wind energy project in Gujarat. The official statement says that GE Energy Financial Services and Continuum Green Energy (India) closed the financial deal of GE Energy Financial Services’ acquisition in the Continuum’s developed wind project. Morjar is an onshore wind energy […] Read more
Euler Motors Partners Magenta for 1000 HiLoad Electric Vehicle deployment Updated On Thu, Jun 16th, 2022 by Saurenergy Euler Motors, has announced it has tied up with Magenta for the deployment of 1000 HiLoad electric vehicles – the electric 3-wheeler cargo vehicles. Euler is an electric vehicle company and Magenta is an integrated clean energy and electric mobility solutions provider. In the partnership, Magenta will deploy Euler electric vehicles first in Bangalore and then to […] Read more
