Ayana Renewable, Greenstat Hydrogen Sign MOU For Hydrogen Development In India Updated On Tue, Sep 7th, 2021 by Saurenergy Ayana Renewable Power, a renewable energy platform majority controlled by National Investment and Infrastructure Fund (NIIF), focuses on development of utility scale renewable projects in India. Ayana’s vision is to be the lowest cost renewable energy producer which utilizes technology to maximize value creation. Ayana and Greenstat Hydrogen India, a Norwegian energy organization, recently signed […] Read more
US Vanadium Announces $2.1 M Production Capacity Expansion Updated On Mon, Sep 6th, 2021 by Saurenergy American chemicals producer US Vanadium has announced a $2.1 million expansion of its production capacity for ultra-high-purity electrolyte used by grid-level vanadium flow batteries (VRFB). The production expansion comes on the heels of a purchase agreement for 580,000 litres of ultra-high-purity electrolyte by Austrian VRFB manufacturer and energy storage provider Enerox GmbH, which sells its […] Read more
65% Of Aspiring Developers Choose To Exit PPA’s in GUVNL Projects In Gujarat Updated On Mon, Sep 6th, 2021 by Saurenergy The Gujarat Urja Vikas Nigam Limited (GUVNL) has received 2605 applications from aspiring solar developers to exit their project commitments, after the utlity offered a one time exit option to developers from the signed PPA’s. The development followed the decision by the state government to offer zero subsidy for these smaller projects, at a fixed […] Read more
New Digital Asset Helps Customers Offset Their Carbon Footprint Updated On Fri, Sep 3rd, 2021 by Saurenergy US-based Terrapass has launched Terrapass Coin (TPSC), a digital asset that works as an ERC-20 token on the Ethereum blockchain system. With Terrapass Coin, customers can own, buy, sell, trade, or offset their carbon footprint by managing their TPSCs received through designated Terrapass products, giving them control of their carbon offsets like never before, said […] Read more
Chennai-Based Lucas TVS Plans 10 GWh Battery Gigafactory in Tamil Nadu Updated On Fri, Sep 3rd, 2021 by Saurenergy Lucas TVS, the Chennai-based auto components major that is part of the TVS group has signed an agreement with 24M’s advanced ‘SemiSolid’ electrode technology. 24M has built its reputation on the promise of a lithium-ion battery manufacturing process that is more modular, efficient and low cost. Spun out of MIT, it already has partnerships with […] Read more
UK to Pump $1.2 B into Green Projects in India: 11th Eco & Fin Dialogue Updated On Fri, Sep 3rd, 2021 by Saurenergy At the 11th India-UK Economic and Financial Dialogue (EFD) held yesterday, Finance Minister Nirmala Sitharaman and UK Chancellor Rishi Sunak signed off a $1.2 billion package of public and private investment in green projects and renewable energy to boost India’s green growth ambitions. The dialogue saw the announcement of new steps to tackle climate change […] Read more
Shell & CoensHexicon to Build 1.4 GW Floating Wind Farm in South Korea Updated On Thu, Sep 2nd, 2021 by Saurenergy Shell Overseas Investment BV, a unit of Dutch oil and gas major Royal Dutch Shell, and CoensHexicon have established a joint venture to fund, develop, and operate MunmuBaram, a 1.4 GW floating offshore wind farm for South Korea. MunmuBaram is expected to power over 1 million homes once it begins operating. The two companies announced their […] Read more
Lowest Bid of $0.01332/kWh Reported in Chile’s Renewables Auction Updated On Thu, Sep 2nd, 2021 by Saurenergy The National Energy Commission of Chile (CNE) held a 2.31 TWh/year renewable energy auction last week, in which the lowest bid was submitted for $0.01332/kWh for a solar PV project. 29 bidders took part in the bidding process, which was conducted by Empresas Eléctricas AG and by Enel, to provide electricity to the National Electric System […] Read more
Azure Power Hopeful of No Price Markdowns As PSA’s Finally Start on Its 4 GW Mfg Linked Win Updated On Thu, Sep 2nd, 2021 by Saurenergy At an analyst call post its Q1 results for 2022-23, Azure Power CEO Ranjit Gupta expressed the hope that there will be no price markdowns on the winning bid rates, for its 4 GW tender manufacturing linked tender wins. Azure had won a total project capacity of 4 GW, even as Adani Green Energy won […] Read more
