Members to Expand Cross-border Interconnections as Shares of Renewables Grow: IRENA Updated On Mon, May 17th, 2021 by Saurenergy According to IRENA’s World Energy Transitions Outlook, to achieve climate goals, global electricity generation must expand three-fold by 2050, making grid flexibility exceptionally important as countries race to reduce emissions. Cross-border interconnection represents one of the key solutions to dealing with the variability of renewable power and grid stability issues. This topic was the focus […] Read more
Germany’s Enapter Prepares AEM Multicore for Green H2 Production Updated On Sat, May 15th, 2021 by Saurenergy Germany-headquartered Enapter, a hydrogen generator manufacturer, has recently announced that it is expanding its product portfolio to the megawatt-class with the AEM Multicore electrolyser. The final development of the new model has started, further tapping into the innovative potential of Anion Exchange Membrane (AEM) technology. The AEM Multicore will be introduced to the market next […] Read more
IEX Q4 FY21 Results: ‘Unprecedented Performance’; Rs 100 Cr Revenues Updated On Fri, May 14th, 2021 by Saurenergy The Indian Energy Exchange (IEX) released its audited consolidated financial results for the fourth quarter ended March 31, 2021, today, announcing an “unprecedented performance” in the last fiscal year. The New Delhi-headquartered power trading exchange, which is regulated by Central Electricity Regulatory Commission (CERC), reported 37.3% YoY growth in electricity volumes in the last year. In […] Read more
Associate Manager – Operations & Maintenance Updated On Fri, May 14th, 2021 by Saurenergy Test or evaluate photovoltaic (PV) cells or modules. Review specifications and recommend engineering or manufacturing changes to achieve solar design objectives. Perform thermal, stress, or cost reduction analyses for solar systems. Develop standard operation procedures and quality or safety standards for solar park. Provide technical direction or support to installation teams during installation, start-up, testing, […] Read more
Hyundai Motor Group to Invest $7.4 billion in U.S. EV industry by 2025 Updated On Fri, May 14th, 2021 by Saurenergy In a press release yesterday, Hyundai Motor Group (HMG), comprising Hyundai Motor Company and Kia Corporation, announced its plan to invest $7.4 billion in the U.S. by 2025 to produce future EVs, enhance production facilities and further its investments in smart mobility solutions. The group’s investment will enhance overall product competitiveness by prioritising future mobility technologies, […] Read more
Vietnam’s PDP8 Delay Can Unlock More Cost-Effective RE: IEEFA Updated On Fri, May 14th, 2021 by Saurenergy The key is to refine new strategies and improve market structures Vietnam’s Power Development Master Plan for 2021-2030 with a vision to 2045 (PDP8), was expected to be signed off at the end of March during the last days of Prime Minister Nguyen Xuan Phuc’s administration, but it hit an unexpected delay. Rather than being […] Read more
TATA Power’s Q4 FY21 Results: Revenues Jump 50% Updated On Fri, May 14th, 2021 by Saurenergy Mumbai-based electric utility company Tata Power Limited released its financial results for the fourth quarter of FY21 ended March 31, 2021, announcing a marginal rise of one per cent in consolidated net profit at Rs 481.21 crore (Rs 474.70 crore in the year-ago period), due to saving in finance cost offset by an exceptional gain […] Read more
PLI Scheme for Battery Storage Will Lower Cost of EVs in India: SMEV Updated On Fri, May 14th, 2021 by Saurenergy SMEV has said that the PLI scheme for promoting battery storage will lead to the reduction of cost on purchase of electric vehicles (EVs) The Society of Manufacturers of Electric Vehicles (SMEV) has said that the production linked incentive (PLI) scheme for promoting battery storage will lead to the reduction of cost on purchase of electric vehicles (EVs) thereby […] Read more
Suncor and ATCO Partner to Produce Clean Hydrogen in Alberta Updated On Wed, May 12th, 2021 by Saurenergy Two Canadian energy companies, Suncor and ATCO have announced that they will be working together to build a clean hydrogen project near Fort Saskatchewan, Alberta with an estimate to produce 300,000 tonnes of clean hydrogen per year. The clean hydrogen project is in the early stages of developments including design and engineering. This project would […] Read more
