KKR buying RE firm ContourGlobal for £1.75 billion Updated On Thu, May 19th, 2022 by Saurenergy Leading investment firm Kohlberg Kravis Roberts & Co (KKR) has announced that it is buying ContourGlobal, a renewable energy company. The deal is for £1.75 billion. According to KKR, the company is offering shareholders of ContourGlobal 263.6p for every share. This offer price represents a 36 per cent premium to the last closing price of […] Read more
Local Search Engine Identifies Strong Demand For Solar In India As Power Cuts Hurt Updated On Wed, May 18th, 2022 by Saurenergy Demand for solar panels and geysers have been on a rise across the country with cities like Delhi, Bengaluru, and Pune generating maximum demand for solar panels and geysers, reports the latest Just Dial Consumer Insights. Just Dial Limited provides local search related services to users in India through multiple platforms. The insight comes […] Read more
Mobile Fuel Delivery Startup Repos Energy Gets Funding From Ratan Tata Updated On Wed, May 18th, 2022 by Saurenergy National startup award winner Repos Energy has raised a pre-series round of funding from Ratan Tata. A report quoted Ratan Tata as saying, “Repos is a well-conceived project with good execution. I wish them all the success.” A few months ago, Repos Energy had forged a tie up with Mahindra’s Truck and Bus Division (MTB) […] Read more
UK Carbon Capture Firm Storegga Raises £51.3m Funding Updated On Wed, May 18th, 2022 by Saurenergy UK cleantech and renewable energy firms continue to get foreign capital every day. UK carbon capture firm Storegga has announced a £51.3m funding boost on May 17 from a host of international backers, a report mentioned adding further that UK firms enjoyed the confidence of international investors counting on it to drive the transition to […] Read more
Patents for Green Hydrogen Technology Increased Every Year By 18% Updated On Wed, May 18th, 2022 by Saurenergy The International Renewable Energy Agency (IRENA) and the European Patent Office (EPO) published on May 12 a joint study about the trends and dynamism in the field of hydrogen that can be produced using renewable electricity via electrolysis. Using the patent statistics, the innovation trends in electrolysers for hydrogen production show a consistent pattern that […] Read more
Gallium Nitride Makes Progress As A Substitute To Elevated Lithium Prices Updated On Wed, May 18th, 2022 by Saurenergy Since Lithium has become far too dear to afford, Gallium Nitride is being considered by many as a substitute. It not only offers higher energy density but also saves on weight. Tesla CEO Elon Musk will probably be pondering the question, as even as traded lithium carbonate prices climbed 413 percent between January and December […] Read more
Lightsource Bp Aims To Showcase Solar Powered Fishery In Taiwan Updated On Wed, May 18th, 2022 by Saurenergy Lightsource bp, the renewables and solar arm of Oil giant BP, has unveiled the company’s first-ever clean energy-fed aquaculture project, a 150MW PV-powered fishery off Taiwan. Its construction is expected to commence in June 2023. Being built by Lightsource bp in partnership with Green Rock Energy, the Bundai development will produce 210,000MWh of electricity a […] Read more
Germany’s Third Rooftop PV Tender Earns Price Of Rs 6.96/kWh Updated On Wed, May 18th, 2022 by Saurenergy Germany’s solar procurement exercise has come to its end with the final prices hitting €0.07/Rs 5.71 ($0.073)/kWh to €0.0891/kWh. Results of third tender for rooftop PV projects ranging in size from 300 kW to 750 kW are out. Reviewing 171 bids with a total capacity of 212 MW, Germany’s Federal Network Agency (Bundesnetzagentur) selected 163 […] Read more
Danfoss India Launches First Privately Owned Grid Scale Energy Storage System Updated On Wed, May 18th, 2022 by Saurenergy Danish owned Danfoss India recently opened India’s first privately owned and operated grid-scale battery-based Energy Storage System (ESS) at its Oragadam campus in Chennai to store the excess energy generated by renewables (solar power plant) installed inside the campus. The ESS has been engineered using Danfoss’ sustainable Drives technology, according to a statement. Jurgen Fischer, […] Read more
