Energy Major BP Acquires US EV Charging Provider Amply Power Updated On Thu, Dec 9th, 2021 by Saurenergy Energy giant BP has acquired Amply Power, an electric vehicle (EV) charging and energy management provider for fleets that operate trucks, transit and school buses, vans and light-duty vehicles. By 2030, BP aims to nearly double earnings from its global convenience and mobility businesses – increasing from around $5 billion in 2019 – while delivering […] Read more
KKR Launches New RE Platform ‘Stellar Renewable Power’ Updated On Thu, Dec 9th, 2021 by Saurenergy Investment firm KKR has launched “Stellar Renewable Power”, a new platform that aims to source, develop and operate utility-scale solar plants and storage facilities on behalf of KKR’s Asset-Based Finance (ABF) strategy. Stellar will source opportunities through greenfield development and acquisitions of early-stage assets from other developers. Renewable energy expert Vijay Venkatachalam will lead Stellar. […] Read more
GoodWe Adds Top Altman-Z Score To Strengthen High Bankability Status Updated On Thu, Dec 9th, 2021 by Saurenergy In few industrial sectors is the financial strength of every supplier taken as seriously as it possibly is in the case of solar energy. For the young sector, where projects are routinely expected to last 25 years, with minimum product warranties starting at 5 years, suppliers bankability has always been a selling point with financiers. […] Read more
Aussie Firm Plans 1 GW Offshore Wind Farm to Power Aluminium Smelter Updated On Wed, Dec 8th, 2021 by Saurenergy Alinta Energy, a green firm based in Australia, has announced the potential for a 1000 MW wind farm to be established around 10km off the coast of Portland, in southwestern Victoria, that could supply the Portland Aluminium Smelter and east coast electricity grid. The Spinifex Offshore Wind Farm would connect to the grid via the […] Read more
Green Hydrogen Powered India: From Vision to Reality Updated On Wed, Dec 8th, 2021 by Saurenergy Announcements of grand plans by Mukesh Ambani and Gautam Adani, and the partnership between L&T and ReNew have added serious ability behind the intent to produce green hydrogen in India The fact that India is not an energy self-reliant economy is well-known. Just a few weeks ahead of the Glasgow Summit, in August’21, Prime Minister […] Read more
American Manganese Secures Patent in India for Li-ion Battery Recycling Updated On Wed, Dec 8th, 2021 by Saurenergy The Indian Patent Office has issued Patent No. 380826 for the American Manganese’s first patent invention regarding lithium-ion battery recycling, the company announced in a recent statement. The patent covers core process functions in the company’s RecycLiCo process that can achieve up to 100% leach extraction of lithium, cobalt, nickel, and manganese from the treatment of […] Read more
CellCube’s Flow Batteries Recieve Munich Re’s Bankable Insurance Updated On Tue, Dec 7th, 2021 by Saurenergy A contractual partnership with Munich Re (Muenchener Rueckversicherungs-Gesellschaft AG) equips Enerox GmbH (CellCube) with the option to offer their vanadium redox flow batteries (VRFBs) including a bankable insurance to guarantee for product and performance accuracy, CellCube announced in a recent statement. Under its trademark ‘CellCube’ the Austrian based Enerox GmbH develops, manufactures and distributes vanadium […] Read more
Europe & US Boost Their Domestic Wind Energy Industries Updated On Tue, Dec 7th, 2021 by Saurenergy Announcements of new projects and partnerships — Vineyard Wind 1, Valmont SM’s new wind turbine tower factory at Port of Esbjerg, and the Nigg Offshore Wind factory, to name a few — indicate that Europe and the US are ramping up their wind manufacturing capacity to gain a strong foothold in the much anticipated renewable energy-powered […] Read more
Energy Major Equinor Buys 45% Stake in UK Battery Maker Noriker Power Updated On Tue, Dec 7th, 2021 by Saurenergy Equinor has signed an agreement with Noriker Power Limited, a battery storage developer in the United Kingdom focusing on the engineering and project development of utility scale storage and stability services. The agreement includes the acquisition of a 45% stake in Noriker, with an option to acquire the full company at a later stage. In […] Read more
