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
Sicona Secures AU$3.7 M to Expand Battery Supplies Tech Updated On Thu, Aug 12th, 2021 by Saurenergy Australian firm Sicona Battery Technologies Pty Ltd has raised AU$3.7 million in a pre-Series A funding round from leading investors to scale battery materials technology globally. This latest capital injection follows the company’s $1 million seed round in July 2020, the award of a $704k ‘Accelerating Commercialisation’ Grant by the Australian Federal Government in November 2020, […] Read more
Mandating Green Hydrogen Use In Fertilisers and Other Sectors Key, Says Minister Updated On Wed, Aug 11th, 2021 by Saurenergy According to the junior oil minister, Rameswar Teli, under its quest to reduce carbon emissions, India plans to mandate refineries and fertilizer plants to use some green hydrogen. In a written reply to lawmakers on Monday, Teli said that India’s draft hydrogen policy will mandate a gradual increase in the use of green hydrogen instead […] Read more
Recurrent Energy Signs Agreement For 600 MWh Energy Storage Project Updated On Wed, Aug 11th, 2021 by Saurenergy A wholly-owned subsidiary of Canadian Solar Inc., Recurrent Energy today announced signing a 15-year Resource Adequacy agreement with Pacific Gas & Electric (PG&E) to provide 150 MW / 600 MWh of energy storage in phase 2 of the Crimson project. According to the firm, the 350 MW / 1,400 MWh Crimson project will be one […] Read more
US Firm Li-Cycle to Make its Debut on NYSE on August 11 Updated On Wed, Aug 11th, 2021 by Saurenergy US firm Li-Cycle Holdings Corp. has announced that its shares will begin trading on the New York Stock Exchange on August 11, 2021, as a result of the company’s completion of its business combination with Peridot Acquisition Corp, a blank check company. The ticker symbols for the common stock and warrants of Peridot will change from […] Read more
Smart Meters Have Substantial Sustainability Benefits, Say IEEE Experts Updated On Wed, Aug 11th, 2021 by Saurenergy The electrical grid is a marvel of modern engineering that underpins nearly every aspect of society –– a complex interconnection that spans the tiniest LED lightbulb and the largest power plants. But as electricity use grows, which it does exponentially, the grid strains. The use of renewable energy sources and new regulations can add to the […] Read more
Reliance Joins Bill Gates, Paulson To Pump $144 M Into Energy Storage Firm Ambri Inc Updated On Tue, Aug 10th, 2021 by Saurenergy Reliance New Energy Solar Ltd (RNESL), Bill Gates, Japan Energy Fund and a few other strategic partners are investing $144 million into US energy company Ambri Inc to help it commercialize and grow its daily cycling, long-duration system technology, and build a domestic manufacturing facility. “This financing supports the commercial growth of our company and technology,” said Dan […] Read more
Report Highlights Risks From Inaccurate Irradiation Data To Solar Projects In Africa Updated On Tue, Aug 10th, 2021 by Saurenergy A recent report developed by a solar electricity provider to African enterprises, CrossBoundary Energy (CBE), says that Data irregularities in estimating solar production can have significant impacts on both technical teams and solar buyers. Solar production/ solar irradiation is the measurement of how much sunlight shines in each location and therefore how much electricity a […] Read more
