CleanMax Gets ₹1,650 Cr Equity Investment from Augment Infrastructure Updated On Thu, Aug 12th, 2021 by Saurenergy Mumbai-based clean energy company CleanMax Enviro Energy Solutions Pvt. Ltd. has revealed that US investment firm Augment Infrastructure will acquire a majority stake in it for Rs 1,650 crore. Augment is purchasing the existing stake of Yellow Bell Investment Ltd (an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing) […] Read more
US Firm Li-Cycle to Make its Debut on NYSE on August 11 Updated On Wed, Aug 11th, 2021 by Saurenergy US firm Li-Cycle Holdings Corp. has announced that its shares will begin trading on the New York Stock Exchange on August 11, 2021, as a result of the company’s completion of its business combination with Peridot Acquisition Corp, a blank check company. The ticker symbols for the common stock and warrants of Peridot will change from […] Read more
India-UK Partnership to Back Green Firms Investing in the UK Updated On Wed, Aug 11th, 2021 by Saurenergy The UK and India are set to launch a global Green Grids Initiative (GGI) at the COP26 climate conference in November, which will be hosted by the UK in Glasgow, Scotland. A new renewable energy partnership between the two countries is expected to open doors to Indian green energy businesses wishing to establish offices in […] Read more
Tata Power Q1 Results Strong, Key Highlights Updated On Mon, Aug 9th, 2021 by Saurenergy Tata Power announced its Q1 results on Friday. Consolidated net profit jumped nearly 74 per cent to ₹ 465.69 crore in the June 2021 quarter, as compared to ₹ 268.10 crore in the corresponding quarter of the last financial year. Total income during April-June 2021 increased to ₹10,145.89 crore, compared with ₹ 6,540.42 crore in […] Read more
SECI, Renew Power Sign PPA For 400 MW RTC Tender Won In 2020 Updated On Mon, Aug 9th, 2021 by Saurenergy ReNew Power has announced the signing of a Power Purchase Agreement (PPA) for Round-The-Clock (RTC) electricity supply, the first-of-its-kind in India. The PPA was signed with the Solar Energy Corporation of India (SECI) ReNew had won the bid to supply Round-The-Clock power in 2020 through an auction conducted by SECI. As per the contract, ReNew […] Read more
Hyundai Partners with UL for Safe Deployment of Second Life BESS Updated On Fri, Aug 6th, 2021 by Saurenergy The South Korean multinational automotive manufacturer, Hyundai Motor Company has partnered with the global safety science leader, UL for the safe deployment and use of second-life battery energy storage systems (SLBESS). A Memorandum of Understanding (MoU), signed during a ceremony at UL’s offices in Seoul, South Korea on July 23, formalized the relationship between the […] Read more
Indian Scientists Make Dendrite-free Zinc-iron Redox Flow Battery Updated On Fri, Aug 6th, 2021 by Saurenergy Indian scientists have created a redox flow battery based on zinc and iron, which showed strong storage characteristics and no signs of degradation over 30 charge-discharge cycles. Additionally, the battery did not show any signs of dendrite formation, overcoming one of the key challenges for redox-flow batteries based on these low-cost, abundant materials. The researchers […] Read more
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
