India could become carbon neutral before its 2070 goal: IRENA chief Updated On Wed, Apr 27th, 2022 by Saurenergy India’s focus on decarbonising its steel sector and developing offshore wind power will help it become carbon neutral ahead of its promised goal of 2070, the director-general of the International Renewable Energy Agency (IRENA) said. IRENA’s Francesco La Camera told an international news agency that India was “very serious” about meeting the challenges and was […] Read more
NTPC invites bids from potential partners For Future Green Hydrogen Tenders Updated On Tue, Apr 26th, 2022 by Saurenergy NTPC Renewable Energy has recently invited online bids from electrolyser technology providers to help the employer bag the upcoming tenders on green hydrogen. The tender reads further, “This tender intends to select electrolyser technology provider(s) for a period of two years for polymer electrolyte membrane (PEM) technology of 400 megawatts (MW) and non-PEM technology of […] Read more
Masdar to develop 4 GW green hydrogen plants in Egypt by 2030 Updated On Tue, Apr 26th, 2022 by Saurenergy UAE based renewable energy major Masdar and Hassan Allam Utilities, the investment and development arm of Hassan Allam Holding Group, have signed two MoUs with Egypt for the development of green hydrogen production plants in the Suez Canal Economic Zone and on the Mediterranean coast. The green fuel production projects will be inside Sokhna zone […] Read more
Nordex Group receives 1.2 GW turbine orders Q1 2022 Updated On Fri, Apr 22nd, 2022 by Saurenergy Germany-based manufacturer of onshore wind turbines Nordex Group recorded an order intake of 229 turbines with a total capacity of 1,165 MW in the first quarter of 2022 (Q1/2021: 1,247 MW). The share of the efficient and high-margin Delta4000 series amounted to 91 percent (Q1/2021: 73 percent). The Nordex Group received orders from ten European […] Read more
Green ammonia from green hydrogen can reduce India’s fertiliser subsidy burden Updated On Thu, Apr 21st, 2022 by Saurenergy A shift to green ammonia would significantly reduce the Indian government’s massive fertiliser subsidy burden and boost energy self-reliance by cutting dependence on imports of expensive liquified natural gas (LNG) for fertiliser manufacturing, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Of course, green ammonia itself would come […] Read more
Biliti Electric Plans World’s Largest Electric Three-Wheeler Mfg. Facility Telangana Updated On Wed, Apr 20th, 2022 by Saurenergy California, US-based Biliti Electric Inc (Biliti) has announced plans to setup the world’s ‘largest’ electric three-wheeler factory in Telangana, with a production capacity of 240,000 electric vehicles each year. The new plant is estimated to drive private investment of USD 150 million and expected to create over 3,000 jobs in the State aligning with the […] Read more
Green H2 firm Ohmium closes $45 M Series B financing Updated On Mon, Apr 18th, 2022 by Saurenergy US green hydrogen company Ohmium International recently announced it has closed $45 million Series B financing in a round led by existing investor Fenice Investment Group with participation from current major investors and new investor Energy Transition Ventures. The funds will support Ohmium’s rapid growth plan to quadruple hydrogen manufacturing capacity from 500 MW annually […] Read more
CRISIL Says Electric Vehicles Present Rs 3 lakh crore Opportunity for India by 2026 Updated On Wed, Apr 13th, 2022 by Saurenergy Ratings and research company CRISIL has come out with an analysis that the electric vehicles (EVs) present an opportunity of about Rs 3 lakh crore for various stakeholders in India in the five years through fiscal 2026. CRISIL says that the original equipment manufacturers (OEMs) and component manufacturers will have potential revenue of about Rs […] Read more
“European Quality Product Below Chinese Prices Is Our Edge”, Sandeep Goyal Updated On Tue, Apr 12th, 2022 by Saurenergy A thriving solar inverter market in India shadows the overall growth of solar, and is poised strongly till 2030 and beyond. Pyramid Electricals is one of those rare Indian firms that have come up the hard way in the electronics sector. With their own R&D, technocrat founders, and now, plans to scale up to large […] Read more
