Curbs On Banking Of Power Risks Hurting Renewable Producers Updated On Wed, Dec 22nd, 2021 by Saurenergy A briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research asserts that new restrictions on banking of power will inhibit the growth of the rooftop and open-access solar market. This would have a wide ranging impact on India’s national target of 500 gigawatts (GW) of installed renewable capacity by […] Read more
5 MWh Vanadium Flow Battery Activated In UK By Invinity Energy Updated On Tue, Dec 21st, 2021 by Saurenergy Invinity Energy Systems, the flow battery firm has joined developer Pivot Power (Part of EDF Renewables), to complete the storage component of the Energy Superhub Oxford (ESO) project. The project combines a 50 MWh lithium ion battery storage system (from Wartsila) with a 5 MWh vanadium flow battery from Invinity Energy. The lithium battery was […] Read more
Octopus Energy, Sterlite Power Sign MOU For Green Power Systems Updated On Tue, Dec 21st, 2021 by Saurenergy UK based 1.2 billion pound sterling energy group Octopus Energy Group, which has over 3 million customers in the UK has entered into an MOU with leading Indian power transmission player Sterlite Power. The agreement aims to help decarbonise Indian industry and bring cheaper green power to consumers around the world. The Memorandum of Understanding […] Read more
iCreate Incubated Charge+Zone Signs MOU for 50,000 Charging Stations Updated On Tue, Dec 21st, 2021 by Saurenergy iCreate, the Gujarat government backed tech startup incubator has facilitated a partnership between it’s supported start-up CHARGE+ZONE, a technology-driven EV Charging Networks company and the Government of Gujarat, for $300 Million investment, in an endeavour to set up a network of un-manned, app-driven 10,000 charging stations within the state of Gujarat on national and state […] Read more
Norwegian Mfr FREYR Bags Off-take Deal to Deliver 31GWh Battery Cells in 5 Yrs Updated On Mon, Dec 20th, 2021 by Saurenergy Norwegian clean energy storage developer FREYR Battery has executed its inaugural off-take agreement for at least 31 GWh of low-carbon battery cells with an undisclosed manufacturer and provider of energy storage systems (ESS), said an official statement recently. The two companies have agreed to jointly develop innovative technology solutions for the fast-growing global ESS market […] Read more
MG Motor, Fortum Deploy 50 kW Superfast EV Charging Station in Gujarat Updated On Mon, Dec 20th, 2021 by Saurenergy MG Motor India and Fortum Charge & Drive India have deployed a 50 kW superfast public EV charging station in Surat, Gujarat, said an official statement. Surat is India’s largest textile hub and one of the 100 cities chosen by the central government to be developed as a ‘Smart City’. MG Motor has already announced […] Read more
Honda 2Wheelers Unveils 2nd Wind Turbine System in Gujarat Updated On Fri, Dec 17th, 2021 by Saurenergy Honda Motorcycle & Scooter India (HMSI) on Thursday said its second wind turbine system at Bhanvad in Gujarat has gone on stream, which will help the company meet over 50 per cent of the energy requirements from hybrid renewable resources across all its four manufacturing plants. The wind turbine system at Bhanvad is around 350 […] Read more
Ares Secures $2.2 B for Climate Infrastructure Capital Updated On Fri, Dec 17th, 2021 by Saurenergy Los Angeles-based private equity firm Ares Management Corp said on Thursday it has raised $2.2 billion to invest in infrastructure businesses operating in the renewable energy, energy efficiency, and energy storage sectors. Ares said it raised $1.4 billion for its inaugural Ares Climate Infrastructure Partners Fund, and an additional $800 million in managed accounts that […] Read more
Danish JV for Green Conversion of Coal-fired Plants Updated On Fri, Dec 17th, 2021 by Saurenergy Cleantech developer Aalborg CSP will supply its header-coil heat exchanger for steam generation and molten salt circulation system for the Kyoto Group project for a thermal energy storage to be established at Aalborg Forsyning’s green test center at the Danish city of Aalborg. Electricity from, say, wind turbines, will be stored in a modular storage […] Read more
