IEX Q4 and FY 2022 Results; Profit Grows 50% on 36% Growth in Topline Updated On Thu, Apr 28th, 2022 by Saurenergy India’s premier energy exchange, IEX has announced its fourth quarter and full year results for FY22. Key Highlights from the results are: (* All amounts are represented in the table are in Rs Crores) Particulars Q4FY21 Q4FY22 YoY FY21 FY22 YoY Electricity Volume (in BU) 22.4 24.8 10.5% 74.0 95.6 29.2% REC Certificates […] Read more
IEEFA: Widespread adoption of carbon capture, utilization and storage technologies in South East Asia remains highly unlikely Updated On Thu, Apr 28th, 2022 by Saurenergy Carbon, capture, utilization and storage (CCUS) is increasingly attracting attention in South East Asia. However, in the absence of the right drivers, its prospect in the region remains questionable, according to IEEFA’s latest report on CCUS in South East Asia. “CCUS can be viable when placed under a certain operational context, such as a high […] Read more
Project Engineer, Certification – Electrical & Safety System (Wind) Updated On Thu, Apr 28th, 2022 by Saurenergy Job Responsibilities:- Working closely with the Segment leader and Global team, the Engineer will be responsible for Project execution, Customer management and expanding UL Renewables Certification services in India. Key responsibilities are:- Electrical and Control & Protection System evaluation according to international standards like IEC 61400-1. Evaluation of Electrical and Control system related prototype test […] Read more
TotalEnergies Acquires Core Solar; Raises RE Portfolio by 4GW in USA Updated On Thu, Apr 28th, 2022 by Saurenergy French energy major TotalEnergies has announced that it has acquired Austin, US based Core Solar whose portfolio includes more than 4 GW of utility-scale solar and energy storage projects. These projects are at various stages of development across several U.S. states and power markets. According to TotalEnergies official statement, Core Solar CEO Greg Nelson and […] Read more
World’s Largest Green Hydrogen Project to Get $500m from US Govt Updated On Thu, Apr 28th, 2022 by Saurenergy The US Department of Energy (DOE) has announced that it has conditionally committed for up to $504 million in debt financing for the Advanced Clean Energy Storage Project which is expected to be the world’s largest industrial green hydrogen production and storage facility. The commitment is made to companies: Advanced Clean Energy Storage, Mitsubishi, Magnum […] Read more
India could become carbon neutral before its 2070 goal: IRENA chief Updated On Wed, Apr 27th, 2022 by Saurenergy India’s focus on decarbonising its steel sector and developing offshore wind power will help it become carbon neutral ahead of its promised goal of 2070, the director-general of the International Renewable Energy Agency (IRENA) said. IRENA’s Francesco La Camera told an international news agency that India was “very serious” about meeting the challenges and was […] Read more
Solar Inverters Move to The Front Updated On Wed, Apr 27th, 2022 by Saurenergy When it comes to the Solar market, a disproportionate share of attention is always paid to the modules, or more recently, the module supply chain. The global solar PV module market was valued at $127.9 billion in 2020, and is projected to reach $260.2 billion by 2030, growing at a CAGR of 7.4% from 2021 […] Read more
H2-Industries to build $1.4bn waste-to-hydrogen plant in Oman Updated On Tue, Apr 26th, 2022 by Saurenergy In what could be the first of its kind in Oman, H2-Industries has signed a memorandum of understanding (MoU) with Madayn for the development of a waste-to-hydrogen plant in the country. H2-Industries is an American hydrogen generation and storage player and Madayn is Public Establishment for Industrial Estates in the Sultanate of Oman. The company […] Read more
Hydrofuel Canada gets Green Ammonia, Hydrogen Cheaper than Fossil Fuels Updated On Tue, Apr 26th, 2022 by Saurenergy Hydrofuel Canada has signed a license agreement with Georgia Institute of Technology for their MAPS system which enables high-yield, sustainable ammonia synthesis from air and water. The technology has unprecedented efficiency which uses a gas-phase electrochemical process. Hydrofuel Canada is engaged in delivering green ammonia and hydrogen along the last mile to its customers. Hydrofuel […] Read more
