Curtains Finally Coming Down On Andhra Solar Power Tussle? Updated On Fri, Sep 17th, 2021 by Saurenergy In a key development, the Andhra Pradesh state cabinet of Chief Minister Jagan Mohan Reddy has accepted an offer by SECI (Solar Energy Corporation of India) to supply solar power to the state. The state has plans to supply solar power to its farmers at Rs 2.49 per unit through its own agriculture feeder lines. […] Read more
“We Are Very Good At Innovating New Kinds Of Products And Technologies”, Akshay Singhal, Log 9 Materials Updated On Fri, Sep 17th, 2021 by Saurenergy Bengaluru-based Log 9 Materials shot into the limelight (again) recently after Amara Raja batteries, a leader in the domestic automotive battery market, invested in the firm. Log 9 Materials is using its core competence in Graphene nanotechnology to develop advanced energy storage technologies from electrode materials, cell to pack level. Their rapid charging battery packs […] Read more
Sungrow Reports $1.26 Billion Revenue in H1 FY21 Updated On Thu, Sep 16th, 2021 by Saurenergy Inverter solutions supplier Sungrow has released its semi-annual report, reporting a net income of 757 million yuan (about 116.42 million US dollars), with a year-over-year increase of 69.68%, in H1 FY21. The company’s revenue was 8.21 billion yuan (1.26 billion US dollars) during this period, with a year-over-year increase of 18.27%. The highlights of H1 FY21 […] Read more
Battery Maker EnerVenue Raises $100 M in Series A Funding Updated On Thu, Sep 16th, 2021 by Saurenergy US-based EnerVenue has raised $100 million in Series A funding, which was led by Schlumberger New Energy and accompanied by Saudi Aramco Energy Ventures (SAEV, the corporate venture capital program of Aramco Ventures) and others. Additionally, EnerVenue announced the framework for a major distribution and manufacturing agreement with Schlumberger New Energy to significantly expand global […] Read more
Why Australia is a Bigger Carbon Pariah Than We Think: IEEFA Updated On Thu, Sep 16th, 2021 by Saurenergy In the following timely piece, Adrian Blundell-Wignall, guest contributor for Institute for Energy Economics and Financial Analysis (IEEFA), discusses the role played by Australia’s Scope III emissions in the world’s carbon footprint: The Glasgow summit on climate change is looming, and we continue to see Australia pretending to be a small emitter of carbon dioxide on […] Read more
International RECs: A reliable way to go 100% Renewable Updated On Thu, Sep 16th, 2021 by Saurenergy Introduction: Sustainability Goals and Commitments The Race to Zero campaign was launched by the UNFCCC’s Climate Ambition Alliance with a goal of achieving net zero carbon emissions by 2050. As of February 2021, 1,397 businesses have pledged to join the Race to Zero campaign and achieve net zero carbon emissions by 2050. These include the […] Read more
Maha Govt, JSW Sign MoU for Green Projects Worth ₹35,500 Cr Updated On Wed, Sep 15th, 2021 by Saurenergy The Maharashtra government and power major JSW Energy Ltd have signed two MoUs to set up two green projects worth Rs 35,500 crore. The agreement is part of the slew of initiatives under the state government’s Magnetic Maharashtra 2.0 initiative, started last year, to focus on stimulating investment and growth. “The two new projects will […] Read more
NREL Study Chalks Out Plan for Zero-carbon Grid Using Solar Updated On Wed, Sep 15th, 2021 by Saurenergy By 2035, solar energy has the potential to power 40% of the USA’s electricity, drive deep decarbonisation of the grid, and employ as much as 1.5 million people—without raising electricity prices, finds a new study released by the U.S. Department of Energy (DOE). The study titled “Solar Futures Study” calls for massive and equitable deployment […] Read more
“An Electric Future Is Nearer Than We Think”, Mohal Lalbhai, Matter Updated On Wed, Sep 15th, 2021 by Saurenergy Matter is a technology start-up set-up by Mohal Lalbhai, a scion of the Lalbhai Group from Gujarat know more for their textile empire. Founded in January 2019, Matter is a two-year old start-up that seeks to introduce frugal and innovative solutions in the energy storage space which would include batteries for mobility applications, stationary applications, […] Read more
