Mitsubishi, Shell to build wind farms to manufacture green hydrogen Updated On Fri, Apr 8th, 2022 by Saurenergy Japan’s leading trading player Mitsubishi Corp and Britain’s oil giant Shell Plc are in discussions to collaborate for producing green hydrogen by developing major offshore wind farms in Europe to give a push to the global quest for decarbonisation. As per media reports, by 2030, the companies will create 400,000 tonnes of green hydrogen every […] Read more
APTEL Asks GERC To Reconsider Decision To Adjust Dues From Wind Project Against Unrelated Default Updated On Thu, Apr 7th, 2022 by Saurenergy In a rather interesting judgement, the Appellate Tribunal for Electricity (APTEL) has set aside an order passed by the Gujarat Electricity Regulatory Commission (GERC) in 2019 to reject a wind developer’s claims for the payment of dues. APTEL has ordered GERC to review the matter with an “open mind” and “not feeling bound by any view […] Read more
Omega Seiki Mobility, Log9 Partner to deploy 3W EVs Updated On Thu, Apr 7th, 2022 by Saurenergy Omega Seiki Mobility (OSM) and Bengaluru-headquartered advanced battery technology startup Log9 Materials are partnering to deploy 10,000 3-Wheeler Rage+ Rapid EVs in Tier II and III markets of India by FY24. Supporting these 3W EV Cargo Loaders will be Log9’s state-of-the-art InstaCharging stations that promise to charge a 3W completely within 35 minutes, as compared […] Read more
String Inverter Specialist Solis Prepares For a Bright Future Updated On Thu, Apr 7th, 2022 by Saurenergy Solis has been working in the field of string inverters for 17 years now, a period during which the pure play string inverter firm has used its focus to deliver performance across markets and categories. In market after market, the firm has emerged among the market leaders, building on strong product quality and service. With […] Read more
New $100M fund launched for climate tech invt in North America, Europe Updated On Thu, Apr 7th, 2022 by Saurenergy VC firm Voyager Ventures has announced its first fund of $100M. Fund I invests in early-stage climate technology companies in North America and Europe. “We’re excited to back Voyager as a stand-out early-stage climate tech investing firm,” said Eva and Logan Green, CEO of Lyft. “We are impressed by Sarah and Sierra’s knowledge, operational expertise, […] Read more
Ingka Group (IKEA) Acquires 9 Solar Power Projects in Europe for €340 Million Updated On Thu, Apr 7th, 2022 by Saurenergy Sweden-based Ingka Group, which owns the majority of IKEA stores globally, has announced that it has acquired nine solar power park projects in Germany and Spain for €340 million. The combined capacity of the solar projects comes to 440 MW. The Ingka Group solar has acquired the portfolio from solar power developer ENERPARC. Four solar power projects […] Read more
India will need $12.4 trillion to meet long term net zero goals: Report Updated On Wed, Apr 6th, 2022 by Saurenergy India will require $12.4 trillion to transition to net zero and help the world in its efforts to stave off the worst of climate change, according to a latest study by Standard Chartered. It said that emerging markets, overall, would need an additional $94.8 trillion – a sum higher than annual global GDP – if […] Read more
PGCIL to Build Renewable Energy Management Centre in Hyderabad Updated On Wed, Apr 6th, 2022 by Saurenergy The Power Grid Corporation of India Limited (PGCIL) Chairman Managing Director K Sreekant has said that PGCIL will establish a Renewable Energy Management Centre (REMC) with 100 per cent grant of Rs 17.6 crore at Vidyut Soudha, Hyderabad. The CMD said that artificial intelligence-based forecasting and scheduling tools will be employed at the Renewable Energy […] Read more
‘Now or never’ to avoid climate catastrophe, warns UN Panel Updated On Tue, Apr 5th, 2022 by Saurenergy UN climate experts said Monday that humanity has less than three years to halt the rise of planet-warming carbon emissions and less than a decade to slash them by nearly half. They warned that the world faced a last-gasp race to ensure a “liveable future”. That daunting task is still — only just — possible, […] Read more
