Tech Firm Lancium Raises $150M to Advance Decarbonisation Solutions Updated On Wed, Nov 24th, 2021 by Saurenergy Lancium Technologies Corporation, a technology firm focused on energy transition, has announced that it has closed $150 million in financing from leading energy companies and investors. Hanwha Solutions, a South Korean provider of clean energy solutions and owner and operator of Q CELLS, led this financing round. Lancium also received support from Novawulf and other […] Read more
Ohmium Ships Its First “Made in India” Hydrogen Electrolyzer Unit To The US Updated On Wed, Nov 24th, 2021 by Saurenergy US firm Ohmium International, through its Bengaluru based Indian subsidiary enArka India Private Limited, has shipped its first unit of electrolyzer from India to the United States, as a first step towards establishing India as a global hub for green hydrogen generation. The electrolyzer has been manufactured by Ohmium at its Bengaluru plant, India’s first […] Read more
First Solar Bags 5.4GW Module Order from bp & Lightsource bp Updated On Wed, Nov 24th, 2021 by Saurenergy First Solar has won multi-year orders for up to 5.4 gigawatts photovoltaic (PV) solar modules from global solar leader Lightsource bp and integrated energy company bp. As part of the deal, Lightsource bp and bp have placed orders for approximately 4.4GWDC of modules, with options for an additional 1GWDC. Lightsource bp has agreed to procure up […] Read more
TotalEnergies to Develop 500MW Solar PV Projects in Libya Updated On Wed, Nov 24th, 2021 by Saurenergy French oil and gas major TotalEnergies has signed new agreements with Libya for the sustainable growth of the country’s natural resources, which include developing 500 MW solar PV projects in addition to investing $2 billion in crude oil production and gas extraction. The agreements were signed at the recently held Libya Energy & Economy Summit, […] Read more
State Regulator Signs Off on 600MW Solar Projects in Ohio Updated On Tue, Nov 23rd, 2021 by Saurenergy State regulators on Thursday signed off on four solar farms for Ohio, U.S., including one planned for Union County and another in Marion County, as the rush to build solar projects in the state continues. The four projects bring to 18 the number of solar farms to be approved this year by the Ohio Power […] Read more
Developers Should Be Protected From Abrupt Regulatory Changes Updated On Tue, Nov 23rd, 2021 by Saurenergy Intro: Amid all excitement around the ambitious goals set by PM Modi for the energy market in India, solar firms like Amplus Solar also raise apprehensions about a need for regulatory stability and certainty. These they feel are the key asks, for enabling more investments to flow into the country and, also in ensuring viability […] Read more
TG Regulator Asks Discom to Synchronise Developer’s 3MW Solar Project Updated On Mon, Nov 22nd, 2021 by Saurenergy The Telangana State Electricity Regulatory Commission (TSERC) has favoured solar developer Tejas India Solar Energy Pvt Ltd. in a recent judgement, partly allowing its petition to direct the Southern Power Distribution Company of Telangana Ltd (TSSPDCL) to synchronise the developer’s 3 MW solar power project at Kodakandla substation within 30 days, while rejecting Tejas’ plea for […] Read more
IOC Floats Global Tender to Set Up Green H2 Units at Mathura & Panipat Updated On Mon, Nov 22nd, 2021 by Saurenergy The Indian Oil Corporation (IOC), ranked 212th on the Fortune Global 500 list of the world’s biggest corporations as of 2021, has released a global tender to set up green hydrogen generation units at Mathura and Panipat — two of its big refineries in North India. The deadline for interested applicants to submit their bids […] Read more
India Needs $10 T Investment to Achieve Net-Zero by 2070: CEEW-CEF Updated On Thu, Nov 18th, 2021 by Saurenergy India would need cumulative investments of USD 10.1 trillion to achieve net-zero emissions by 2070, according to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF). These investments would help decarbonise India’s power, industrial, and transport sectors. However, the first-of-its-kind study also estimated that India could face a significant investment shortfall […] Read more