Rio Tinto to Spend $7.5 B to Cut Carbon Emissions by 50% by 2030 Updated On Thu, Oct 21st, 2021 by Saurenergy Rio Tinto, an Anglo-Australian multinational and the world’s second-largest metals and mining corporation, plans to spend $7.5 billion in direct capital expenditure to decarbonise its assets from 2022 to 2030, aiming to reduce carbon emissions by 50% by 2030. The mining giant has outlined a long-term strategy for the decarbonisation of some of its operations in […] Read more
Climate Tech Firm CarbonCapture Closes $35 M Series A Funding Updated On Thu, Oct 21st, 2021 by Saurenergy CarbonCapture, a climate tech company that makes machines that remove CO2 directly from the atmosphere, has announced the closing of a $35 million Series A funding round and the appointment of Adrian Corless as CEO. CarbonCapture will use the funds to accelerate product development efforts and to establish initial deployments of its renewable energy-powered Direct […] Read more
Replace DG Sets with BESS to Enhance Indian Pwr Grid’s Flexibilty: Study Updated On Wed, Oct 20th, 2021 by Saurenergy “Replacement of DG sets distributed across the country with BESS is the fastest and cheapest route to build flexibility for the Indian grid. The reduction in emissions from DG sets will help meet the NDC targets as well,” states a new study published by India Smart Grid Forum (ISGF). Delivering reliable 24×7 services is the […] Read more
NTPC REL Invites EoI for 15 GW of Solar Modules Updated On Wed, Oct 20th, 2021 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) has invited an Expression of Interest (EoI) from domestic manufacturers for providing approximately 15 GW of solar modules upto a cumulative period of minimum five years. The last date to submit the EoI is November 8, 2021, the responses will be opened on the next day. The sourced modules […] Read more
Fotowatio Sells 49% In Australia Arm To OMERS Infrastructure Updated On Mon, Oct 18th, 2021 by Saurenergy Fotowatio Renewable Ventures (FRV), a leading Spanish developer of utility-scale renewable energy projects and part of Abdul Latif Jameel Energy, have today announced the sale of a 49% interest in FRV Australia Group to OMERS Infrastructure (the “Transaction”). Under the terms of the Transaction, OMERS Infrastructure will acquire a 49% interest in FRV’s Australian renewable energy platform, […] Read more
Huawei Signs Contract With SEPCOPIII For Red Sea Project Updated On Mon, Oct 18th, 2021 by Saurenergy Huawei Digital Power ended its Global Power Summit 2021 in Dubai with a spectacular light show with the theme ‘Building a Low-carbon and Green Future’. The company claims that over 500 participants from 67 countries attended the summit. Among other things, at the summit Huawei signed MoUs with Grupo IMELSA and HYBRICO Energy for strategic […] Read more
Fourth ISA Assembly Kicks off On October 20 Updated On Mon, Oct 18th, 2021 by Saurenergy The International Solar Alliance’s (ISA) fourth session is scheduled to be held on October 20, in virtual mode. The Gurugram headquartered body has been the largest multilateral initiative backed by India in recent decades. India has also applied to grant observer status to the body in the UN General Assembly to help provide for regular […] Read more
Zypp Electric & Venture Catalysts In Tie-Up For Logistics Innovation Challenge Updated On Mon, Oct 18th, 2021 by Saurenergy Leading EV Logistics Tech delivery startup Zypp Electric has partnered with India’s leading early-stage incubator Venture Catalysts to support budding EV Startups. Under this drive, Zypp Electric with Venture Catalyst is organizing an innovative challenge programme named – Zypp EVolve – S1 – EV/Logistics Innovation Challenge. Zypp Electric will support every individual/team/startup who has disruptive […] Read more
Reliance In Deal With Stiesdal To Develop And Manufacture Electrolysers Updated On Thu, Oct 14th, 2021 by Saurenergy Continuing with its slew of deal making this week, Reliance New Energy Solar (RNESL), a subsidiary of Reliance Industries has announced a partnership with Danish company Stiesdal A/S to develop and manufacture hydrogen electrolysers. These are the final, critical part of the chain to produce green hydrogen, with energy for the electrolysers coming from renewable […] Read more
