BP And Thyssenkrupp Steel Sign MoU On Supply Of RE In Steel Production Updated On Tue, Jul 12th, 2022 by Saurenergy British Oil major BP and German metal working giant Thyssenkrupp Steel have signed an MoU to ensure long-term supply of low carbon hydrogen and renewable power for steel production. Among the renewable options for both the companies are blue hydrogen, green hydrogen, wind and solar generation through solar purchase agreements. Steel accounts for 8-11% of […] Read more
In a First For the US, Wind And Solar Energy Generate More Power Than Nuclear Updated On Mon, Jul 11th, 2022 by Saurenergy Data from SUN DAY Campaign analysis of the Energy Information Administration (EIA) has revealed that the wind and solar energy sources produced 17.96 per cent more power than nuclear power plants in the USA. It is for the first time that the United States produced more solar and wind energy than nuclear in the country’s […] Read more
M&M Plans To Sell 2 Lakh EVs By FY-27 Updated On Mon, Jul 11th, 2022 by Saurenergy Automobile major Mahindra & Mahindra has recently announced the sale of 2 lakh electric vehicles as its target by FY-27. Its path towards electrification will include the diverse portfolio of five electric vehicles in the coming five years. Rajesh Jejurikar, ED, Mahindra & Mahindra said that the company is looking to invest about $1 billion […] Read more
NTPC Plans to Raise Rs 5000 Crore From Sale In Renewable Firm Continues On Track Updated On Mon, Jul 11th, 2022 by Saurenergy State-owned National Thermal Power Corporation (NTPC) plans for a stake sale in its green arm in October this year seem to be moving on schedule. The power giant plans to raise upto Rs 5,000 crore through a stake sale while retaining control over the firm. The power major has begun to collect inputs from sovereign […] Read more
Brazil Opens Up Lithium Market, Has Potential To Become World Leader Updated On Mon, Jul 11th, 2022 by Saurenergy The Brazilian government has recently issued an executive order relaxing the rules on Lithium exports and has the potential to become a global leader in the Lithium market. At present, Brazil accounts for only 1.5% of the global production of Lithium as currently only two companies are operational in the region- CBL and AMG Brasil. […] Read more
NMDC Looking To Invest In Renewable Energy Sources Updated On Mon, Jul 11th, 2022 by Saurenergy Mining major National Mineral Development Corporation (NMDC) has set its sights on investment in the renewable energy sector. The information comes from Sumit Deb, Chairman and Managing Director (CMD) of NMDC. The top official of the Central PSU affirmed the quest of NMDC to invest in the renewable energy sector as he said that the […] Read more
BII To Invest Up To Rs 1925 Cr In Mahindra’s 4-Wheeler Segment Updated On Fri, Jul 8th, 2022 by Saurenergy Indian multinational automotive manufacturer Mahindra & Mahindra (M&M) and the British International Investment (BII) have recently inked a pact which will facilitate investment of Rs 1,925 crore each in a wholly owned subsidiary of the home-grown auto major and form a new entity EV Co. As the name suggests, the focus will be on four-wheel […] Read more
Growing Prices Will Have No Effect On EV Adoption Updated On Fri, Jul 8th, 2022 by Saurenergy In this conversation with SaurEnergy, Anand Kabra, Vice-Chairman and MD of Kabra ExtrusionTechnik Limited, whose EV vehicles and storage division, Battrixx, has grown at a staggering rate in FY ’22, talks about the firm’s plans and market in India. Battrixx, founded in 2018, is a division of Kabra Extrusion Technik Ltd, which belongs to the […] Read more
IRENA Releases Reports On Global Hydrogen Trading Trends In 2050 Updated On Fri, Jul 8th, 2022 by Saurenergy A new report by International Renewable Energy Agency (IRENA) has said that to make the trade of hydrogen cost-effective, the costs of producing and trading green hydrogen must be lower than domestic production to offset higher transport cost. Hydrogen trade can contribute to a more diversified and resilient energy system, allowing countries to decarbonise their […] Read more
