How are national oil companies tackling energy transition: Woodmac Updated On Thu, Mar 31st, 2022 by Saurenergy Despite their scale, national oil companies (NOCs) have until now largely escaped the heavy scrutiny experienced by international oil companies (IOCs) around emissions. Partly as a consequence, the energy transition strategies of most NOCs significantly lag those of their leading IOC peers, says Wood Mackenzie. NOCs account for more than half of global oil and […] Read more
Renewables Face An Oil Slick Updated On Mon, Mar 28th, 2022 by Saurenergy A month after the Russian invasion of Ukraine, the geo-political crisis has taken a heavy toll on human life, Ukrainian cities and infrastructure, and of course the Russian economy. If anything, the cost of the crisis for both the countries in the weeks succeeding February 24 — the day Russia first sent its forces into […] Read more
Nuclear, Offshore Wind Power Must for UK’s Energy Independence, says PM Boris Johnson Updated On Fri, Mar 25th, 2022 by Saurenergy UK Prime Minister Boris Johnson has said that the country’s new energy security strategy will be focused on the expansion of nuclear and offshore wind capacity. He said that nuclear power and wind power are necessary for the country’s energy independence and for bringing down the cost of living in future. The Russia – Ukraine […] Read more
China’s Envision Energy to Supply 1.9 GW of Wind Turbines to India Updated On Thu, Mar 24th, 2022 by Saurenergy The second-largest wind manufacturer of China – Envision Energy Co – has revealed that the company has received 1.9 gigawatts (GW) of turbine orders from India. Envision is looking for overseas markets and driving its sales figures on outside China orders as the domestic market is becoming increasingly competitive. As per the press release Envision will be supplying a total of […] Read more
LG Energy Solution to set up EV battery JV with Stellantis in Canada Updated On Thu, Mar 24th, 2022 by Saurenergy South Korean battery giant LG Energy Solution Ltd (LGES) said on Wednesday it plans to invest 1.8 trillion won ($1.48 billion) to set up a joint venture with Stellantis NV in Windsor, Canada. In October, LGES and Stellantis NV struck an electric vehicle (EV) battery production joint venture, targeting to start production by the first […] Read more
MNRE to Give Three Months’ Relief in SCD of Wind Energy Projects Updated On Wed, Mar 23rd, 2022 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has decided to give an extra three months relief to wind power developers whose projects could not be commissioned in time due to the second wave of Covid-19 and also the onset of monsoon. Earlier, the MNRE allowed the period of disruption from April 1, 2021 to […] Read more
AGL to Build Australia’s Largest Energy Storage Facility Updated On Wed, Mar 23rd, 2022 by Saurenergy AGL Energy Ltd – an Australian integrated energy generation and retail company – has announced that it has got the approval from the state government of New South Wales to build the country’s largest battery storage. Recently, AGL had proposed to construct a 500MW/2,000MWh battery energy storage system (BESS) as part of the Hunter Energy […] Read more
Home owners dominate energy storage market in Germany: Study Updated On Wed, Mar 23rd, 2022 by Saurenergy The battery storage market in Germany is dominated by the residential or ‘household’ segment and its far greater than the commercial-industrial or large scale segments. This is the finding of a recent report named ‘The development of battery storage systems in Germany – A market review (status 2022).’ The report is led by the Institute […] Read more
Engineering Leader – Energy Transition & Digital Updated On Tue, Mar 22nd, 2022 by Saurenergy If you desire to be part of something special, to be part of a winning team, to be part of a fun team – winning is fun. We are looking forward to an Engineering Leader – Energy Transition & Digital based in Pune, India. In Eaton, making our work exciting, engaging, meaningful; ensuring safety, health, wellness; and being a model […] Read more