H2Carrier, Anori to Develop ‘Wind Energy to Green Ammonia’ Project in Greenland Updated On Wed, Jan 4th, 2023 by Saurenergy A letter of Intent has been signed between Norway-based floating energy production and storage maker H2Carrier and Greenland-based Anori for the construction of the first commercial wind farm in Greenland and the use of green energy subsequently for the production of green ammonia. The end product will also be exported to international markets, as per […] Read more
Mercedes-Benz Energy & Lohum Partner for 50 MWh of Second Use Li-ion Battery Modules Updated On Wed, Jan 4th, 2023 by Saurenergy Mercedes-Benz Energy and Lohum have entered into a strategic partnership for second-life batteries. The agreement is a multi-year supply contract agreement, under which Mercedes-Benz Energy and Lohum have committed to a minimum offtake schedule of 50 MWh per annum across multiple second life module variants. Lohum is Mercedes-Benz Energy’s first partner in Asia. The agreement […] Read more
Log9 Materials & 3eco Forge Partnership for 2,000 InstaCharged EVs Updated On Wed, Jan 4th, 2023 by Saurenergy Three Wheeler EV fleet operator 3eco Systems and advanced battery-tech and deep-tech startup Log9 Materials have forged a strategic partnership for the deployment of Shakti 8 Cargo (S8Ci). The partnership will pave the way for the deployment of over 2,000 InstaCharged heavy duty EVs across India in the span of the the next 18 months. […] Read more
African Development Bank to Fund 100 MW Tunisian Solar Project Updated On Tue, Jan 3rd, 2023 by Saurenergy The African Development Bank is playing a critical role in the development of renewable sources of energy in Africa to ensure that the resource-starved region can have access to power while sustaining the natural environment. In a recent development, the African Development Bank Group has approved a $27 million and €10 million loan package to […] Read more
CERC Rejects Azure’s Plea for Extension of LTA Start Date, Exemption from Transmission Charges Updated On Mon, Jan 2nd, 2023 by Saurenergy The CERC has quashed the petition of Azure Power and its subsidiaries Azure Power Forty-Three, Azure Power Forty-One and Azure Power Maple, which sought the extension of the long term access start date. The petition also pleaded for extension of deadline from completion of the dedicated transmission line and pooling substation and exemption from transmission […] Read more
IEX Establishes Fully-Owned Subsidiary to Explore Carbon Market Updated On Wed, Dec 28th, 2022 by Saurenergy International Carbon Exchange Private Limited (“ICX”), a wholly-owned subsidiary of Indian Energy Exchange (IEX), the country’s leading energy market platform, was established recently to investigate the commercial potential in the voluntary carbon market. Through its platform, ICX will make it possible for participants to purchase and sell voluntary carbon credits at reasonable prices and will […] Read more
Scatec India, O2 Power And SJVN Emerge Winners From SECI’s 1.2GW Wind Tender Updated On Fri, Dec 23rd, 2022 by Saurenergy The year end has brought glad news for Scatec India, SJVN and O2 Power, as the three firms emerged with the only allotments from SECI’s 1.2 GW wind energy tender (Tranche XIII) issued in January this year. In terms of actual bids, SJVN was the lowest bidder, having quoted Rs 2.90/unit for a 100 MW […] Read more
High Need for Battery Storage to Set Stage for Distributed Energy Storage Systems Updated On Thu, Dec 22nd, 2022 by Saurenergy According to Fact.MR, the global market for distributed energy storage systems is now valued at US$ 4.2 billion and is anticipated to grow quickly from 2022 to 2032, with a CAGR of 9.6%. The market is expected to expand as a result of rising per capita energy consumption and the move toward renewable sources of […] Read more
Ministry of Railways Floats Solar Tender For 7 Stations of Mumbai Division Updated On Mon, Dec 19th, 2022 by Saurenergy The Ministry of Railways has invited a request for proposal (RFP) for the supply of grid-connected solar power plants at 7 stations of the Mumbai division (Sion, Vasind, Kopar, Ambivili, Karjat, Datiwali, and OHE workshop Kalyan). The last date for submitting the online bid is January 06, 2023, till 01:00 pm. Bids will be opened […] Read more
