Azure Power Q2 Results. Not Enough To Enthuse Investors Updated On Mon, Dec 13th, 2021 by Saurenergy The NYSE listed Azure Power Global Limited announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the fiscal second quarter 2022, period ended September 30, 2021. Fiscal Second Quarter 2022 Period ended September 30, 2021 Operating Highlights: Megawatts (“MW”) Operating* were 2,210 MWs, as of September 30, 2021, an increase of 31% over September 30, 2020. […] Read more
Iberdrola, H2 Green Steel Join Global Push for Green H2 Electrolyser Mfg Updated On Fri, Dec 10th, 2021 by Saurenergy Iberdrola and H2 Green Steel have signed an agreement to build and operate a green hydrogen plant with an installed capacity of 1 GW and an estimated investment of 2.3 billion euros, financed through a combination of public funds, green project financing instruments and own funds. The new plant will power with clean fuel a direct […] Read more
Procurement At Scale Helped Bring Down Prices By 22% For 3 Wheelers Updated On Fri, Dec 10th, 2021 by Saurenergy With its focus on delivering clean, affordable, and reliable energy, Convergence Energy Services Limited (CESL) is playing a key role in creating an enabling ecosystem for transitioning to renewable, energy efficient solutions, specially, electric mobility. CESL, a subsidiary of state-owned Energy Efficiency Services Limited (EESL), works under the Ministry of Power, Government of India. Saur […] Read more
KKR Launches New RE Platform ‘Stellar Renewable Power’ Updated On Thu, Dec 9th, 2021 by Saurenergy Investment firm KKR has launched “Stellar Renewable Power”, a new platform that aims to source, develop and operate utility-scale solar plants and storage facilities on behalf of KKR’s Asset-Based Finance (ABF) strategy. Stellar will source opportunities through greenfield development and acquisitions of early-stage assets from other developers. Renewable energy expert Vijay Venkatachalam will lead Stellar. […] Read more
GoodWe Adds Top Altman-Z Score To Strengthen High Bankability Status Updated On Thu, Dec 9th, 2021 by Saurenergy In few industrial sectors is the financial strength of every supplier taken as seriously as it possibly is in the case of solar energy. For the young sector, where projects are routinely expected to last 25 years, with minimum product warranties starting at 5 years, suppliers bankability has always been a selling point with financiers. […] Read more
Aussie Firm Plans 1 GW Offshore Wind Farm to Power Aluminium Smelter Updated On Wed, Dec 8th, 2021 by Saurenergy Alinta Energy, a green firm based in Australia, has announced the potential for a 1000 MW wind farm to be established around 10km off the coast of Portland, in southwestern Victoria, that could supply the Portland Aluminium Smelter and east coast electricity grid. The Spinifex Offshore Wind Farm would connect to the grid via the […] Read more
Green Hydrogen Powered India: From Vision to Reality Updated On Wed, Dec 8th, 2021 by Saurenergy Announcements of grand plans by Mukesh Ambani and Gautam Adani, and the partnership between L&T and ReNew have added serious ability behind the intent to produce green hydrogen in India The fact that India is not an energy self-reliant economy is well-known. Just a few weeks ahead of the Glasgow Summit, in August’21, Prime Minister […] Read more
American Manganese Secures Patent in India for Li-ion Battery Recycling Updated On Wed, Dec 8th, 2021 by Saurenergy The Indian Patent Office has issued Patent No. 380826 for the American Manganese’s first patent invention regarding lithium-ion battery recycling, the company announced in a recent statement. The patent covers core process functions in the company’s RecycLiCo process that can achieve up to 100% leach extraction of lithium, cobalt, nickel, and manganese from the treatment of […] Read more
CellCube’s Flow Batteries Recieve Munich Re’s Bankable Insurance Updated On Tue, Dec 7th, 2021 by Saurenergy A contractual partnership with Munich Re (Muenchener Rueckversicherungs-Gesellschaft AG) equips Enerox GmbH (CellCube) with the option to offer their vanadium redox flow batteries (VRFBs) including a bankable insurance to guarantee for product and performance accuracy, CellCube announced in a recent statement. Under its trademark ‘CellCube’ the Austrian based Enerox GmbH develops, manufactures and distributes vanadium […] Read more
