A Space to Watch Out for: EV’s Impact Rests on the Way it is Marketed! Updated On Fri, Dec 3rd, 2021 by Saurenergy The EV segment is poised to follow a high growth curve in the India market. A positive investment outlook and aggressive marketing strategies are expected to shape the Indian EV growth story over the next three years. Some Highlights: “Projections by the India Energy Storage Alliance (IESA) estimate that the Indian EV market will grow […] Read more
India Attains COP21 Goal: 40% Pwr Gen Capacity Now Non-Fossil Based Updated On Fri, Dec 3rd, 2021 by Saurenergy India has achieved the target of 40% of its installed electricity generation capacity being from non-fossil energy sources, an official statement said on Thursday. At the end of October this year, the Ministry of Power (MoP) reiterated India’s commitment to achieve more than 40 percent cumulative electric power installed capacity from non-fossil-fuel energy resources by […] Read more
French Firm Newheat Raises €7 M for Renewable Heat Development Updated On Fri, Dec 3rd, 2021 by Saurenergy French renewable heat supplier Newheat has announced the completion of a €7 million fundraising to support its development of renewable heat in France and internationally. Under this fundraising, Bpifrance bank is investing via its FIEE fund dedicated to energy and environment, alongside Newheat’s main original shareholders Noria and Etchart. Newheat offers decarbonization solutions for large […] Read more
L&T, ReNew Partner to focus on Green H2 Biz in India Updated On Thu, Dec 2nd, 2021 by Saurenergy Indian engineering conglomerate Larsen & Toubro (L&T) and green energy company ReNew Power (ReNew) are partnering to jointly develop, own, execute and operate green hydrogen projects in India. S N Subrahmanyan, CEO & MD of Larsen & Toubro, said, “This partnership with ReNew is a significant milestone in the journey towards building a green energy […] Read more
“Where There Is Demand At Retail Level, Our Modules Should Be There” Updated On Thu, Dec 2nd, 2021 by Saurenergy In this conversation with SaurEnergy, Rahul Bhutiani, Head, Sales and Marketing at Adani Solar spoke about the firm’s plans and views. With the Adani Group committing itself to some of the most ambitious targets in renewable energy, at 25 GW by 2025 and 40 GW by 2030, Adani Solar’s task is cut out, as a […] Read more
Removing All Subsidies on Solar Will Have Zero Impact On Demand Updated On Thu, Dec 2nd, 2021 by Saurenergy After years in the solar EPC and distribution business, Deepak Pandey of GPES has made his next big move. As Director of UK-based INVERGY, Mr. Pandey has set his sight on the emerging market for storage and linked solutions, which hold great promise in his view. We caught up with him to understand more about […] Read more
Energy Dome Raises $11 M to Build Cost-cutting CO2 Battery Updated On Thu, Dec 2nd, 2021 by Saurenergy Energy Dome, an Italian energy storage technology company founded in 2019, has announced the close of its $11M Series A fundraise. The company will use the proceeds to complete the construction of its CO2 battery demonstration project in Sardinia, Italy, a product that is said to store energy at about half of the cost of […] Read more
Australian JV to Build Country’s Largest Privately Funded Battery Updated On Thu, Dec 2nd, 2021 by Saurenergy Engie, Macquarie’s Green Investment Group (GIG), and Fluence have partnered to deliver Australia’s largest privately-funded and owned utility-scale battery. The project will connect to existing network infrastructure to support the transition to renewable energy at the site of the former Hazelwood Power Station in the Latrobe Valley. Providing 150 MW/150 MWh of flexible energy, the […] Read more
Amazon Adds 18 New RE Projects in Europe & US; Funds 274 Globally Updated On Thu, Dec 2nd, 2021 by Saurenergy E-commerce giant Amazon has announced 18 new utility-scale wind and solar energy projects across the U.S., Finland, Germany, Italy, Spain, and the U.K., totalling 5.6 gigawatts (GW) of procured capacity to date in 2021. Amazon now has 274 renewable energy projects globally and aims to power 100% of its business operations with renewable energy by […] Read more