Rs 18,100 crore Battery PLI Finally Picks 4 Firms Updated On Fri, Mar 25th, 2022 by Saurenergy Confirmation has finally come that the four companies selected for the Advanced Cell Chemistry (ACC) or the Battery PLI scheme ACC Storage are Reliance New Energy Solar Limited, Ola Electric Mobility Private Limited, Hyundai Global Motors Company Limited and Rajesh Exports Limited. These companies will received the first slew of incentives to support cell production […] Read more
Nuclear, Offshore Wind Power Must for UK’s Energy Independence, says PM Boris Johnson Updated On Fri, Mar 25th, 2022 by Saurenergy UK Prime Minister Boris Johnson has said that the country’s new energy security strategy will be focused on the expansion of nuclear and offshore wind capacity. He said that nuclear power and wind power are necessary for the country’s energy independence and for bringing down the cost of living in future. The Russia – Ukraine […] Read more
Exicom completes installation of 5,000 EV chargers in 4 years Updated On Fri, Mar 25th, 2022 by Saurenergy Power solutions provider Exicom has completed the installation of 5,000 EV chargers across 200 cities, making it the biggest EV charging facilitator in the country, the company claimed earlier. The installations include 3,600 AC and 1,400 DC chargers. The company had installed its first EV charging facility at Lodhi Estate, New Delhi, in 2018. The […] Read more
Rhode Island plans 600-MW offshore wind procurement Updated On Fri, Mar 25th, 2022 by Saurenergy The smallest state in the United States, Rhode Island’s Governor Dan McKee has announced that legislation has been introduced which would require a market-competitive procurement of approximately 600 MW of new offshore wind capacity If enacted, the legislation would require Rhode Island’s primary utility company to issue a procurement no later than 15 August 2022. […] Read more
U.S. energy storage market sets Q4 record for new installations: WoodMac Updated On Fri, Mar 25th, 2022 by Saurenergy The U.S. energy storage market set a new record in the fourth quarter of 2021, with new system installations totalling 4,727 megawatt hours (MWh). According to Wood Mackenzie, a Verisk business, and the American Clean Power Association’s (ACP) latest U.S. Energy Storage Monitor report, recently released, Q4 2021 saw more capacity installed than in the […] Read more
IRENA Members launch new cooperation on critical materials Updated On Fri, Mar 25th, 2022 by Saurenergy Members of the International Renewable Energy Agency (IRENA) have launched a new Collaborative Framework on Critical Materials for the Energy Transition, a platform provided by IRENA to exchange knowledge, best practices, and coordinate actions to ensure that the scarcity of minerals and materials does not threaten the accelerated deployment of renewable energy. At the event, […] Read more
China’s Envision Energy to Supply 1.9 GW of Wind Turbines to India Updated On Thu, Mar 24th, 2022 by Saurenergy The second-largest wind manufacturer of China – Envision Energy Co – has revealed that the company has received 1.9 gigawatts (GW) of turbine orders from India. Envision is looking for overseas markets and driving its sales figures on outside China orders as the domestic market is becoming increasingly competitive. As per the press release Envision will be supplying a total of […] Read more
China Aims to Produce 200,000 Tonnes of Green Hydrogen Annually by 2025 Updated On Thu, Mar 24th, 2022 by Saurenergy The National Development and Reform Commission (NDRC) of China has come up with a target to manufacture 200,000 tonnes of green hydrogen annually by 2025. The NDRC has said in its press statement that China will have widespread industrial use of the clean fuel in the long run. NDRC is the top economic planning body […] Read more
LG Energy Solution to set up EV battery JV with Stellantis in Canada Updated On Thu, Mar 24th, 2022 by Saurenergy South Korean battery giant LG Energy Solution Ltd (LGES) said on Wednesday it plans to invest 1.8 trillion won ($1.48 billion) to set up a joint venture with Stellantis NV in Windsor, Canada. In October, LGES and Stellantis NV struck an electric vehicle (EV) battery production joint venture, targeting to start production by the first […] Read more
