Enel, Fincantieri Will Develop Green H2’s Use in Ports, Sea Transport Updated On Fri, Aug 6th, 2021 by Saurenergy Enel Green Power Italia, a subsidiary of Europe’s biggest utility Enel, and Fincantieri, an Italian shipbuilder, have signed a Memorandum of Understanding (MoU) to develop an integrated solution for the production, supply, management and use of green hydrogen for port areas and long-range maritime transport. “The signing of this agreement,” commented Carlo Zorzoli, Head of Business […] Read more
Kaco Launches New 1-Phase String Inverters for Residential PV Systems Updated On Fri, Aug 6th, 2021 by Saurenergy Kaco new energy, a German manufacturer of inverters for grid-feed solar power, has begun shipping its next generation of devices: a new family of single-phase transformerless string inverters for residential PV systems, the blueplanet NX1 M2. These devices have output powers between three and five kVA. The designation M2 stands for the number of MPP trackers: in […] Read more
NTPC Investor Presentation Q1 FY21: focus on Renewables, Sustainability Updated On Thu, Aug 5th, 2021 by Saurenergy At the 17th Annual Analysts and Investors Meet of NTPC Limited, the Indian electric utility highlighted its key achievements in FY21 in driving the adoption of green energy, particlulary solar power in the country. The company stated that it had incorporated NTPC Renewable Energy Limited, a new subsidiary for RE business, in FY21. It has won 1,885 […] Read more
Repsol-Enagas Renewable H2 Project Gets EC’s Financial Backing Updated On Wed, Aug 4th, 2021 by Saurenergy Spanish energy companies Repsol and Enagas have received the European Commission’s financial support to execute their joint renewable hydrogen production project from photoelectrocatalysis in their Puertollano Industrial Complex. An operational pilot plant is already in production at the Repsol Technology Lab research center, located in Móstoles, Spain. The project combines technology, decarbonization and circular economy, creation […] Read more
Quantumscape Races To Deliver Its Breakthrough Solid State Battery For EV’s Updated On Tue, Aug 3rd, 2021 by Saurenergy QuantumScape founder and CEO Jagdeep Singh continues to be optimistic about his firms progress, even as the firm’s stock price has been beaten down this year. the firm, which listed after merging with a SPAC (Special Purpose Acquisition Company). The firm’s biggest shareholder is Volkswagen AG with a 26% stake. Singh highlighted a key milestone […] Read more
Indian Government Allocated Rs. 756.66 Crore Under FAME Scheme till June 2021 Updated On Tue, Aug 3rd, 2021 by Saurenergy The government has allocated over Rs. 756.66 crores under the FAME scheme, out of which Rs. 53.27 crores have been utilized till June 2021. The Indian Government launched the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme on April 1, 2015, to promote electric vehicles (EV) in the country. Its second phase, […] Read more
Fire at Tesla Big Battery in Victoria Puts The Spotlight On Risks Updated On Mon, Aug 2nd, 2021 by Saurenergy A major fire broke out at Tesla’s 300 MW (450 Mwh) big battery, called the Victoria Big Battery, in Australia’s Victoria state. Starting on Friday, the fire was eventually controlled only today, after a three day struggle. The fire apparently started after initial testing was started to sync the battery with the grid. Fire fighters […] Read more
OMERS Infrastructure to Pay $219 M for 19.4% Stake in Azure Power Updated On Mon, Aug 2nd, 2021 by Saurenergy Canada-based OMERS Infrastructure recently announced that it has signed a Stock Purchase Agreement to acquire from International Finance Corporation and IFC GIF Investment Company I an approximately 19.4% stake in Azure Power Global Limited, for a total consideration of approximately US$219 million. Founded in 2008, Azure Power is a leading independent renewable power producer located […] Read more
CESL Signs Agreement with HPCL to Set up EV Charging Infra Updated On Fri, Jul 30th, 2021 by Saurenergy Convergence Energy Services limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), has signed an agreement with Hindustan Petroleum Corporation Limited (HPCL) for setting up of charging infrastructure in select retail outlets in several cities across the country. Spanning 10 years, the agreement entails CESL and HPCL to jointly undertake setting up […] Read more
