‘Blue’ Hydrogen Worse for Climate Than Coal, Gas, Diesel, Finds Study Updated On Mon, Aug 16th, 2021 by Saurenergy Could a supposedly “clean” and “green” energy source’s use harm the climate more than burning fossil fuel does? According to Cornell and Stanford University researchers, “blue” hydrogen, which is currently being lauded as a way to reduce global warming, is one such source. Blue hydrogen involves a process for making hydrogen by using methane in natural […] Read more
Maxeon Reports Around $3 M Loss, 434 MW Shipments in Q2 FY21 Updated On Fri, Aug 13th, 2021 by Saurenergy Singaporean solar innovation company Maxeon Solar Technologies has announced its financial results for the second quarter ended July 4, 2021, reporting around $176 million in revenues and $2.8 million in losses in Q2 FY21. While the company suffered losses worth $8 million in the year-ago period, it managed to earn a profit of $1.051 million […] Read more
100 GW Renewable Energy Milestone Achieved, Much Work Ahead In India Updated On Fri, Aug 13th, 2021 by Saurenergy In self-congratulatory messages sent out yesterday, Power Minister R.K. Singh highlighted the key milestone of 100 GW of renewable energy capacity, excluding large Hydro, that has been reached in India. After including large Hydro, the number goes right up to 146 GW. According to India’s power ministry, India now stands at fourth position after China, […] Read more
Azure Power Secures Green Bond of US$41.4 Million At Lowest Coupon of 3.575% Updated On Fri, Aug 13th, 2021 by Saurenergy Indian independent power producer (IPP), Azure Power Global Limited announced the issuance of a dollar green bond of US$414,000,000, through its wholly-owned subsidiary, Azure Power Energy Ltd. The Bond, maturing in 2026, will be issued at a coupon of 3.575%, i.e., the lowest ever coupon in the high-yield segment for any business out of India […] Read more
Researchers Devise New Methods for ‘Solar-to-fuel’ Production Updated On Fri, Aug 13th, 2021 by Saurenergy In an article published in Coordination Chemistry Reviews, researchers have highlighted the potential of covalent organic frameworks (COFs), a new class of light-absorbing materials, in solar-to-fuel production. Photocatalysts absorb energy from light to make a chemical reaction happen. The best known photocatalyst is perhaps chlorophyll, the green pigment in plants that helps turn sunlight into […] Read more
Vestas Revenues At $4.1 Bn in Q2 FY21, Orsted Reports $2.68 Bn Updated On Thu, Aug 12th, 2021 by Saurenergy Danish wind turbines manufacturer, Vestas Wind Systems, has released its financial results for the second quarter of the fiscal year 2021 (Q2FY21), and it has reported a revenue of EUR 3.53 billion (USD 4.15 billion). Fellow Danish utility and developer, Orsted also reported its financial results for the same quarter today, coming out with a […] Read more
40 Electric Buses from Ashok Leyland Hit Roads of Chandigarh Updated On Thu, Aug 12th, 2021 by Saurenergy A multinational automotive manufacturer from Hinduja Group, Ashok Leyland, has rolled out its electric buses (e-buses) in Chandigarh. On Wednesday, the Governor of Chandigarh, VP Singh Bandore flagged off the set of 40 electric buses from Ashok Leyland in its first phase. According to the firm, Ashok got the order to build electric buses that […] Read more
Global Stationary Lead Acid Battery Market to be Worth $11 B by 2030 Updated On Thu, Aug 12th, 2021 by Saurenergy Globally, the stationary lead acid batteries market is estimated to reach $11.02 billion by 2030 from $7.38 billion in 2020, an uptick at a compound annual growth rate of 4.1%, finds a new analysis by market research company Frost & Sullivan. The report “Global Stationary Lead Acid Battery Growth Opportunities,” shows that stationary lead acid […] Read more
Chief Manager – Digital Initiatives (Bidding) Updated On Wed, Aug 11th, 2021 by Saurenergy The ideal individual will be responsible for leading end to end program management of critical digital initiatives of the business acquisition department. Key Accountabilities / Responsibilities:- Drive operations for Trans Analyst 1.0 and suggest efficiencies, course corrections and ways to optimize/strengthen the product. Manage the development, track project progress of Trans Analyst 2.0, CanvasR, document […] Read more
