Shell Signs Agreement To Acquire Sprng Energy Group For $1.55 Billion Updated On Fri, Apr 29th, 2022 by Saurenergy Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), today signed an agreement with Actis Solenergi Limited (Actis) to acquire 100% of Solenergi Power Private Limited for $1.55 billion and with it, the Sprng Energy group of companies. Sprng Energy supplies solar and wind power to electricity distribution companies in India. Its […] Read more
US startup raises $4.2 M to make affordable Green H2 for heavy industry Updated On Fri, Apr 29th, 2022 by Saurenergy Advanced Ionics, a US-based provider of next-generation industrial electrolyzers that can produce green h2 for less than $1/kg, has announced the closing of its initial financing of $4.2 million led by Clean Energy Ventures, a venture capital firm funding early-stage climate tech innovations, with participation from SWAN Impact Network. “By requiring significantly less electricity than […] Read more
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
Hygge Energy to install ‘Zero Emission Electric Mobility’ solution at THINK Gas CNG stations Updated On Thu, Apr 28th, 2022 by Saurenergy Cleantech solutions provider Hygge Energy has signed an MoU with THINK Gas, a leading operator of CNG Stations in India, to set up ‘Zero Emission Electric Mobility’ solution at the latter’s CNG stations. Hygge’s software solution, which maximizes usage of renewable energy for the purpose of EV charging, will be installed at THINK Gas’s CNG […] Read more
RWE to supply solar power generated at German coal mine Updated On Thu, Apr 28th, 2022 by Saurenergy In only a few weeks’ time, RWE’s Inden Opencast Mine will no longer produce just lignite, but also solar power. After officially breaking ground, building work has commenced for a utility-scale photovoltaics system with integrated battery storage. The solar modules will produce a peak electric output of 14.4 megawatts (MW). The “RWE indeland Solarpark” is […] Read more
ONGC inks MoU with Norway’s Equinor for E&P, clean energy Updated On Thu, Apr 28th, 2022 by Saurenergy State-owned Oil and Natural Gas Corporation (ONGC) on Wednesday said it has signed a pact with Norwegian energy giant Equinor ASA for collaboration in oil and gas exploration and production as well as clean energy projects. The memorandum of understanding (MoU) was inked on April 26, the company said in a statement. The agreement is […] 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
