The Top 5: Countries Offering Highest Incentives To EV Consumers Updated On Fri, Feb 17th, 2023 by Saurenergy Passenger cars account for nearly 45 per cent of global greenhouse gas emissions from the transport industry across the globe. In recent times, proper weightage has been given to the vehicles, deriving their mileage from renewable sources, in global efforts to bring down emissions. The enthusiasm, coupled with technological advancements, has made it possible for […] Read more
India Will Blacklist Renewable Energy Companies for Missing Deadlines Updated On Fri, Feb 17th, 2023 by Saurenergy The Union Ministry of New and Renewable Energy (MNRE) has issued an order which says that renewable energy firms could be blacklisted in case they fail to meet deadlines to complete renewable energy projects. The order states that the blacklisting will be for a period of three to five years. India has introduced blacklisting of […] Read more
Enagás Renovable, Naturgy to Build 280 MW Green Hydrogen Plant in Spain Updated On Wed, Feb 15th, 2023 by Saurenergy Energy players Enagás Renovable and Naturgy will be constructing a renewable hydrogen plant with a production capacity of up to 280 MW in La Robla, Spain. As per the official statement of Enagás, the new green hydrogen plant is scheduled to start up in 2026 with an estimated investment of EUR 485 million. It will […] Read more
Chemical Giant Lanxess to Source Green Electricity from Engie Updated On Wed, Feb 15th, 2023 by Saurenergy Specialty chemicals player Lanxess has said that it has signed power full supply agreements with energy company Engie for a total of 1,400 GWh for sites in Germany and Belgium. Lanxess said that more than half will be covered by corporate power purchase agreements (cPPAs) with guarantees of origin for green power. The cPPAs run […] Read more
Renewable Energy Leads In Investor Interest In UP Global Investor Summit Updated On Tue, Feb 14th, 2023 by Saurenergy After the announcement by Reliance CMD Mukesh Ambani about investing Rs 75,000 crores in UP over the next 4 years, the summit has ended with renewable energy garnering possibly the highest commitments by value. State Investor summits usually measure their success by the value of MoUs signed, or in this case LOIs or Letter of […] Read more
EU Approves €2.08 Billion for Offshore Wind Energy Project in France Updated On Tue, Feb 14th, 2023 by Saurenergy The European Commission has approved a EUR 2.08 billion French measure to support offshore wind energy production in France. The decision has been taken under EU State aid rules. The measure will contribute to achieving France’s energy and environmental targets, as well as the objectives relating to the EU’s Offshore Renewable Energy Strategy and the […] Read more
Borosil Renewables FY23 Q3 Results- Sales Stagnate, Third Furnace Goes Online Updated On Tue, Feb 14th, 2023 by Saurenergy Solar glass manufacturer Borosil Renewables has reported its Q3 results for FY23. Sales have stagnated, with the company reporting total income of Rs. 170.9 crores during the period ended December 31, 2022 as compared to Rs. 171.3 crores during the period ended September 30, 2022. However, with the new furnace SG3 started during January, the […] Read more
ReNew Power Is Now ReNew, As Firm Seeks A Bigger Canvas Updated On Mon, Feb 13th, 2023 by Saurenergy NASDAQ listed Renew Power has a new name, logo and domain now. The firm has made a serious statement of intent with a shift to the more generic ReNew along with the matching domain, at ReNew.com. The changes are being accompanied with the firm’s transition from being just an energy player to a firm seeking […] Read more
Redwood Materials Gets $2 Billion Federal Funds For EV Battery Materials Plant Updated On Mon, Feb 13th, 2023 by Saurenergy The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) has announced a loan of $2 billion to Redwood Materials for the construction and expansion of a battery materials campus in Nevada. This is to support the growing EV market in America. DOE said that the Redwood Materials project will be the first facility in […] Read more
