Shell and Edify Strike 100 MW Big Battery Storage Deal with NSW Govt Updated On Tue, May 25th, 2021 by Saurenergy UK-based Shell Energy and Australia-headquartered Edify Energy have released a joint statement today, stating that the two companies have signed a long-term services agreement to deliver a two-hour battery storage facility of 100 MW capacity in South West NSW, Australia. In renewable energy news coming from the nation, it was recently revealed that Australia installed its highest […] Read more
Fortescue, IHI Study Green NH3 Supply Chain Options b/w Aus & Japan Updated On Mon, May 24th, 2021 by Saurenergy Three notable companies- Fortescue Future Industries Pty Ltd (FFI), IHI Engineering Australia Pty Ltd (IEA), and IHI Corporation (IHI)- have signed a memorandum of understanding (MOU) for investigation into establishing green ammonia (NH3) supply chains between Australia and Japan. The Australian FFI is a subsidiary of Fortescue Metals Group Ltd, which works in culture, innovation […] Read more
Is The SB Energy Exit A Worrying Sign For India? Updated On Thu, May 20th, 2021 by Saurenergy By Now, the news of SB Energy’s portfolio buyout by Adani Green Energy (AGEL) has been well reported. The 100% buyout of SB Energy India assets by AGEL for $3.5 billion, for a fresh 4954 MW of additions to AGEL’s total assets including project pipeline, has been cited as a possible warning sign for India’s […] Read more
CESL to procure 300 Electric Vehicles from Tata Motors Updated On Thu, May 20th, 2021 by Saurenergy CESL has placed a Letter of Award in favour of Tata Motors for the procurement of 300 electric vehicles. Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL) placed a Letter of Award in favour of Tata Motors for the procurement of 300 electric vehicles with 3 years of warranty. […] Read more
ReNew Power Goes with Gujarat For Solar Component Manufacturing Plant Updated On Tue, May 18th, 2021 by Saurenergy Leading renewable energy firm ReNew Power has announced that it will be going to Gujarat for the development of a solar cell and module manufacturing plant. The manufacturing plans had been announced by ReNew Power last year, and it has picked the Dholera Special Industrial Region (DSIR), about 100 km away from Ahmedabad . Gujarat, […] Read more
How Cities Can Take Action to Drive the Energy Transition: IRENA Updated On Tue, May 18th, 2021 by Saurenergy The dominance of fossil fuels in the urban energy supply puts cities on the frontline of climate change. Cities account for about 75% of global primary energy use and are responsible for 70 per cent of energy related greenhouse gas (GHG) emissions, making them key actors in both national and global efforts to transition to […] Read more
ADB Supports India’s Covid-19 Response Through Record Annual Lending Updated On Mon, May 17th, 2021 by Saurenergy Manila-headquartered Asian Development Bank (ADB) said on Thursday that it had committed $3.92 billion in sovereign loans for 13 projects to India in 2020, including $1.8 billion in projects to support the Government of India’s coronavirus disease (COVID-19) pandemic response. This is ADB’s highest-ever annual lending commitment to India since the start of its lending operations […] Read more
PLI Scheme for Battery Storage Will Lower Cost of EVs in India: SMEV Updated On Fri, May 14th, 2021 by Saurenergy SMEV has said that the PLI scheme for promoting battery storage will lead to the reduction of cost on purchase of electric vehicles (EVs) The Society of Manufacturers of Electric Vehicles (SMEV) has said that the production linked incentive (PLI) scheme for promoting battery storage will lead to the reduction of cost on purchase of electric vehicles (EVs) thereby […] Read more
SPI Uplifts Lives of 2,412 Commercial and Micro-entrepreneurs in Rural India Updated On Wed, May 12th, 2021 by Saurenergy The SPI MED program has helped transform the lives of 2412 commercial and micro-entrepreneurs in rural India micro-entrepreneurs In a bid to create socio-economic opportunities for rural and micro-entrepreneurs, Smart Power India (SPI)’s Micro-Enterprise Development Program (MED) in India has helped rural communities harness electricity for productive uses. This has thereby boosted greater demand for […] Read more