Beyond Batteries: Hydrogen Combustion Engine, A Viable Alternative for Clean Mobility Updated On Mon, Apr 17th, 2023 by Saurenergy Electric vehicles running on battery-powered electricity are not just a future concept anymore. The new electric vehicle sales surpassed the 10 million mark worldwide in 2022 and it seems likely that sooner or later EVs will replace the conventional ICE mobility options. However, bottlenecks impeding EV growth and the technological advancements in using hydrogen as […] Read more
Global Lithium-Ion Battery Market To Touch USD 182.4 Billion by 2030: Report Updated On Thu, Apr 13th, 2023 by Saurenergy A report by Grand View Research, a US-based market research firm claimed that the global Lithium-ion battery market might reach USD 182.53 billion by 2030, registering a growth of 18.9 percent. With this, the sector would have an 18.9 percent compound annual growth rate (CAGR). The researchers claimed that the main thrust to the market would be […] Read more
Navitas Solar Onboards MECpower as Sole Distributor for Gujarat Updated On Thu, Apr 13th, 2023 by Saurenergy Surat-based module manufacturing firm Navitas Solar has onboarded Vadodara-based MECpower Solutions Ltd., a provider of end-to-end solutions in the renewable energy segment, as its sole distributor for solar modules for the Gujarat region. With this collaboration, Navitas has set sights on tapping the huge potential the state offers in the solar power space and expanding […] Read more
Siemens Gamesa To Supply Turbines For 166-MW Wind Farm In Andhra Updated On Wed, Apr 12th, 2023 by Saurenergy As India looks hawkish on the renewable energy expansion to achieve its 2030 target, Siemens Gamesa has announced to have signed a deal with AM Green Energy Private Limited (AMGEPL) where it will supply 46 wind turbines for a capacity of 166 MW of wind project about to come up in the state of Andhra […] Read more
Green Steel is Getting Greenlighted Around the World Updated On Tue, Apr 11th, 2023 by Saurenergy The steel industry is heavily reliant on fossil fuels. Thus, it goes without saying that it is among the highest carbon emitting industries in the world. This year, however, has begun on a good note with respect to several initiatives aimed at the greening of the industry. Here are some defining moments in the greening […] Read more
Mitsubishi Signs $692 Million Loan Agreement for Laos Wind Project Updated On Tue, Apr 11th, 2023 by Saurenergy Mitsubishi Corporation has announced that it has signed a $692 million financing package for the Monsoon cross-border wind power project in Laos with the Asian Development Bank, Japan International Cooperation Agency, Sumitomo Mitsui Banking Corporation, and other lenders. This has been done with other project sponsors. Mitsubishi had previously announced that it was involved in […] Read more
SELCO & IKEA Foundation To Usher Solar Solutions For 25,000 Healthcare Facilities Updated On Mon, Apr 10th, 2023 by Saurenergy With an aim to transform the public health infrastructure for improved sustainability, SELCO Foundation and IKEA Foundation, in partnership with India’s Ministry of Health and Family Welfare (MOHFW) and various State Health Missions, have launched an initiative called ‘Energy for Health’. The program sets sights on climate adaptation and mitigation at the center to all […] Read more
ADB, Tata Power Delhi Distribution Collaborate for Grid & BESS Enhancement in Delhi Updated On Mon, Apr 10th, 2023 by Saurenergy The Asian Development Bank (ADB) and Tata Power Delhi Distribution Limited (TPDDL), the distribution arm of Tata Power, have announced that they have signed an agreement to subscribe to non-convertible debentures for Rs 1.5 billion ($18.2 million) to enhance Delhi’s power distribution through grid enhancements. The agreement also involves a $2 million grant to partially […] Read more
496 MW Wind Project in France Reaches FID and Construction State: Ocean Winds Updated On Mon, Apr 10th, 2023 by Saurenergy Renewable energy developer Ocean Winds has announced that a $2.5 billion final investment decision (FID) has been taken regarding an offshore wind energy project in France. Ocean Winds, Sumitomo Corporation, Banque des Territoires and Vendée Energie who form ‘Eoliennes en Mer des îles d’Yeu et de Noirmoutier’ (EMYN) have made the announcement about the Îles […] Read more