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
ACME Green Hydrogen Will Invest Rs 52,474 Crore In Tamil Nadu Updated On Tue, Jul 5th, 2022 by Saurenergy ACME Green Hydrogen and Chemicals Pvt. Ltd. will be constructing a green ammonia and green hydrogen manufacturing plant in Tamil Nadu with an investment of Rs 52,474 crore. The facility is planned for the port town of Thoothukudi. The Tamil Nadu government has signed 60 MoUs with many companies at the Tamil Nadu Investors’ First […] Read more
Log9 Materials Showcases It’s Full EV Range At Expo Updated On Mon, Jul 4th, 2022 by Saurenergy Bengaluru-based Electric vehicle startup Log9 Materials, with its indigenously-developed innovations/technology-based solutions for the EV, energy storage, and other allied domains (Last-Mile Delivery) is in hyper active mode. From multiple partnerships, to participating in industry expos, to even investments in other startups, the firm and its founders have been very busy lately. At a recent green […] Read more
Soren May Unveil New Jharkhand Solar Policy On July 5 Updated On Mon, Jul 4th, 2022 by Saurenergy An ambitious new solar policy is going to be unveiled by Jharkhand Chief Minister Hemant Soren on July 5 to increase clean energy capacity from 45 MW to 4,000 megawatts in the next five years and attract the investors. The Jharkhand Solar Policy, 2022 will encourage residential rooftop solar panels in cities besides a better […] Read more
