IIT Kanpur Incubated Offgrid Energy labs gets funding from Shell, others Updated On Wed, Feb 16th, 2022 by Saurenergy Offgrid Energy Labs, a deep science, Intellectual Property led global innovator has unveiled its first innovation – rechargeable zinc-based battery (ZincGel®). Backed by investors including Shell Ventures, Ankur Capital, and APVC Singapore, Offgrid Energy Labs aims to disrupt the global energy storage market through new materials and design for stationary batteries. According to the firm, growing demand […] Read more
After a bruising 2021, Wind Energy suppliers hope for a better 2022 Updated On Tue, Feb 15th, 2022 by Saurenergy 2021 was a difficult year for the Wind energy industry. Manufacturers were hit by rising costs, supply chain issues, and even low wind speeds. Heavyweights like General Electric (GE), Siemens, and Orsted, saw their profits dwindling in 2021. Impact on Businesses The impact on business in the wind energy was best exemplified by Siemens Gamesa, […] Read more
European Scientists Set Nuclear Fusion Energy Record Updated On Fri, Feb 11th, 2022 by Saurenergy European scientists on Wednesday announced fresh progress in the drive to make nuclear fusion a practical, safe and clean energy source, saying an experiment at a site in England set a record for the amount of fusion energy produced, more than doubling the previous mark. Researchers said they achieved 59 megajoules of sustained fusion energy […] Read more
Australian Renewables Spree Meets Farmers’ Resistance Updated On Thu, Feb 10th, 2022 by Saurenergy Australian farmers are battling the ongoing renewable power expansion projects of the country as they say that the projects are ill-conceived and could upend their livelihood and also the ecology. The cultivators in the key farm states like Victoria and New South Wales are wary about the factors of production – linked to their farms […] Read more
Brookfield Renewable Buys Urban Grid, Triples US Pipeline to 31GW Updated On Wed, Feb 9th, 2022 by Saurenergy Bermuda-headquartered Brookfield Renewable, which owns and operates renewable power assets, has acquired clean power developer Urban Grid and its pipeline of projects comprising approximately 13 GW of utility-scale solar and 7 GW of energy storage capacity for $650 million. The addition of Urban Grid’s projects approximately triples Brookfield Renewable’s U.S. development pipeline to approximately 31 […] Read more
Croatia to Launch Renewable Auctions by Q3 2022 Updated On Tue, Feb 8th, 2022 by Saurenergy Croatia’s Ministry of Economy and Sustainable Development is considering announcing auctions for large wind farms and solar power plants by the third quarter of 2022. About a year back, the Ministry had announced preparations for auctions for premiums for large power plants using renewable energy sources, which were then postponed to the autumn season. According […] Read more
Borosil Renewables’ Net Profit Jumps by 323% YoY basis Updated On Tue, Feb 8th, 2022 by Saurenergy Financial results of the third quarter ending December 31 have been announced by Borosil Renewables. The company has declared that the net profit surged 332.23% to Rs 45.73 crore in the quarter ended December 2021 as against Rs 10.58 crore during the quarter that ended December 2020. The total sales of Borosil Renewables rose by […] Read more
GAIL Seeks Bids to Appoint Consultants for Renewable Plants in Odisha Updated On Tue, Feb 8th, 2022 by Saurenergy Gas Authority of India Limited (GAIL) has invited bids for the appointment of consultant(s) for a year-long detailed feasibility study regarding the setting up of a greenfield solar plant and a green hydrogen and/or ammonia plant in Odisha. Bid submission deadline is 1:00 PM on February 18, 2022. Some of the key details mentioned in the tender […] Read more
GE Renewable Opens New Renewable Hybrids Factory in Tamil Nadu Updated On Tue, Feb 8th, 2022 by Saurenergy GE Renewable Energy has announced the opening of a new renewable hybrids factory in Vallam, near Chennai, Tamil Nadu. The site employs 250 employees, including 20 women. “As the industry and customers’ demand dispatchable renewable energy to navigate the energy transition, the need for hybrid systems is increasing exponentially. This facility that has been set […] Read more
