Germany’s EnBW Takes Final Investment Decision on 960 MW He Dreiht Offshore Wind Project Updated On Fri, Mar 24th, 2023 by Saurenergy German energy giant EnBW has taken a final investment decision (FID) on the 960 MW He Dreiht offshore wind farm and said that major project will be developed without state subsidies as one of the world’s first zero-cent bids in an offshore auction. The official statement held that the investment in the offshore wind project […] Read more
HOP Electric Mobility Sets Foot in Mumbai Updated On Fri, Mar 24th, 2023 by Saurenergy Two-wheeler EV firm HOP Electric has rolled out its flagship electric motorcycle HOP OXO in Mumbai. The firm has inaugurated a HOP Experience Centre, Star E Wheels. The grand opening of the showroom in Panch Pakhdi, Thane was graced by Naresh Mhaske, Ex-Mayor, Thane Municipal Corporation in the presence of HOP management including Nikhil Bhatia, […] Read more
Can Solid-state Batteries Replace Lithium-ion Batteries in EV? Updated On Fri, Mar 24th, 2023 by Saurenergy Lithium-ion (Li-ion) batteries have become the fundamental power source for electric vehicles (EVs), and their demand skyrocketed with the surge in the EV market. However, since the very beginning, some challenges raised doubts about the suitability of the technology in the long term. Solid-state batteries with their solid electrolyte, are expected to provide greater safety […] Read more
Albemarle Corp will Invest $1.3 billion in USA Lithium Battery Plant Updated On Thu, Mar 23rd, 2023 by Saurenergy Lithium and bromine giant Albemarle Corporation that offers essential elements for mobility, energy, connectivity and health, has announced plans to build its lithium hydroxide Mega-Flex facility in Chester County, South Carolina. Albemarle says that the facility includes an initial investment of at least $1.3 billion to help meet the surging demand for domestic and international […] Read more
RECPDL Hands Over 6 Special Purpose Vehicles to PGCIL Updated On Thu, Mar 23rd, 2023 by Saurenergy REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, an NBFC Maharatna CPSU under the Ministry of Power, has announced the handing over of six projects’ specific SPVs (Special Purpose Vehicles) to PGCIL (Power Grid Corporation of India Limited). These SPVs have been mainly established for constructing transmission projects in […] Read more
PFC Inks Loan Agreement Pact with Japan Bank for Project Loan of INR 165 Cr Updated On Thu, Mar 23rd, 2023 by Saurenergy Maharatna firm Power Finance Corporation (PFC) and non-banking financial company has entered into an agreement with Japan Bank for International Cooperation (JBIC). The pact is for a project loan worth JPY 2.65 billion, which is close to Rs 165 crore. With the agreement, JBIC is looking to finance PFC’s projects that will curb greenhouse gas […] Read more
GreenIT, CIP to Build 2 GW Floating Offshore Wind Farms in Italy Updated On Thu, Mar 23rd, 2023 by Saurenergy Italian renewable energy developer GreenIT has signed an agreement with Copenhagen Infrastructure Partners (CIP) to develop three floating offshore wind projects in Latium and Sardinia, Italy. GreenIT is a joint venture between Plenitude (Eni) and CDP Equity (CDP Group). CIP said that the plants will be located on average roughly 30 km off from the […] Read more
Hidroelectrica & Masdar Form JV for Green Projects in Romania Updated On Wed, Mar 22nd, 2023 by Saurenergy Romanian energy firm Hidroelectrica and UAE renewable energy firm Masdar have signed a joint venture agreement to build wind farms offshore and floating solar parks in Romania. Speaking on the occasion, Bogdan Badea, the President of Hidroelectrica, said, “The initialing by Hidroelectrica and Masdar is one of the most important joint venture agreements intended for […] Read more
Havfram Wind to Install Turbines at Hornsea 3 Offshore Wind Project for Ørsted Updated On Wed, Mar 22nd, 2023 by Saurenergy Offshore wind construction firm Havfram Wind has said that it has appointed by global renewable giant Ørsted to install turbines at its Hornsea 3 offshore windfarm, starting autumn 2026. The wind energy project is world largest of such kind. Havfram Wind said that it will be utilizing one of its newly built NG20000X Jack-Up Wind […] Read more
