Syngene Announces Acquisition of 26% Stake in Ampyr Updated On Wed, Jul 13th, 2022 by Saurenergy The corporate sector is bullish about investments in the renewable sector reasoned by the availability of cheap power and compulsions under ESG ambitions. In a latest development, Syngene International has revealed that it is looking to acquire up to 26 per cent equity stake in Ampyr Renewable Energy Resources Eleven, which is a SPV formed […] Read more
IRENA Presents China 13-point Lay Out to Achieve Carbon Neutrality Through RE Updated On Tue, Jul 12th, 2022 by Saurenergy Intergovernmental organization International Renewable Energy Agency (IRENA) has shared with China a 13-point plan to help achieve the climate change commitments. As part of its strategic partnership, the report laid out the route and speed to China aiming for its carbon emissions to peak before 2030 and achieve carbon neutrality by 2060. “China is the world’s […] Read more
Project Development Manager Updated On Tue, Jul 12th, 2022 by Saurenergy As our Project Development Manager you will be responsible for managing the development and structuring of renewable energy projects in India from early opportunity through the development cycle to financial close. Your ability to structure and negotiate complex transactions, to lead coordination of external and internal development processes, and to collaborate with multidisciplinary teams we be […] Read more
BP And Thyssenkrupp Steel Sign MoU On Supply Of RE In Steel Production Updated On Tue, Jul 12th, 2022 by Saurenergy British Oil major BP and German metal working giant Thyssenkrupp Steel have signed an MoU to ensure long-term supply of low carbon hydrogen and renewable power for steel production. Among the renewable options for both the companies are blue hydrogen, green hydrogen, wind and solar generation through solar purchase agreements. Steel accounts for 8-11% of […] Read more
BII To Invest Up To Rs 1925 Cr In Mahindra’s 4-Wheeler Segment Updated On Fri, Jul 8th, 2022 by Saurenergy Indian multinational automotive manufacturer Mahindra & Mahindra (M&M) and the British International Investment (BII) have recently inked a pact which will facilitate investment of Rs 1,925 crore each in a wholly owned subsidiary of the home-grown auto major and form a new entity EV Co. As the name suggests, the focus will be on four-wheel […] Read more
IRENA Releases Reports On Global Hydrogen Trading Trends In 2050 Updated On Fri, Jul 8th, 2022 by Saurenergy A new report by International Renewable Energy Agency (IRENA) has said that to make the trade of hydrogen cost-effective, the costs of producing and trading green hydrogen must be lower than domestic production to offset higher transport cost. Hydrogen trade can contribute to a more diversified and resilient energy system, allowing countries to decarbonise their […] Read more
At Tata Power AGM, 30 GW Capacity Target For 2027 Firmly in Sight Updated On Fri, Jul 8th, 2022 by Saurenergy On the back of a strong set of results in FY 22, Tata Power Chairman Natarajan Chandrasekaran, iterated the firm’s focus on renewables at the Annual general Meeting of shareholders. Capex of Rs 75,000 crores over the next 5 years in renewables is expected the take the share of renewables to over 60% during the […] Read more
Enercon To Receive €500 Million Worth Aid From German Govt Updated On Thu, Jul 7th, 2022 by Saurenergy In a major announcement, Enercon has informed that the German wind turbine maker will receive € 500 million as financial aid from the German Government from the WSF Economic Stabilisation Fund. The state fund is meant to help the renewable energy player to deal with the impact of the COVID-19 led pandemic. The turbine manufacturer […] Read more
ECA Committee for Risk Assessment Wants Lithium Salts to be in Category 1A Updated On Thu, Jul 7th, 2022 by Saurenergy A major international chemical maker has warned that new draft proposals labeling some materials as “hazardous” could impact negatively investments in the lead and lithium battery sectors in Europe. The European Union (ECA Committee) was forewarned by lithium and battery manufacturers that a proposal to label the metal as hazardous may seriously harm Europe’s expanding […] Read more
