Tech Firm Lancium Raises $150M to Advance Decarbonisation Solutions Updated On Wed, Nov 24th, 2021 by Saurenergy Lancium Technologies Corporation, a technology firm focused on energy transition, has announced that it has closed $150 million in financing from leading energy companies and investors. Hanwha Solutions, a South Korean provider of clean energy solutions and owner and operator of Q CELLS, led this financing round. Lancium also received support from Novawulf and other […] Read more
Ohmium Ships Its First “Made in India” Hydrogen Electrolyzer Unit To The US Updated On Wed, Nov 24th, 2021 by Saurenergy US firm Ohmium International, through its Bengaluru based Indian subsidiary enArka India Private Limited, has shipped its first unit of electrolyzer from India to the United States, as a first step towards establishing India as a global hub for green hydrogen generation. The electrolyzer has been manufactured by Ohmium at its Bengaluru plant, India’s first […] Read more
Developers Should Be Protected From Abrupt Regulatory Changes Updated On Tue, Nov 23rd, 2021 by Saurenergy Intro: Amid all excitement around the ambitious goals set by PM Modi for the energy market in India, solar firms like Amplus Solar also raise apprehensions about a need for regulatory stability and certainty. These they feel are the key asks, for enabling more investments to flow into the country and, also in ensuring viability […] Read more
IOC Floats Global Tender to Set Up Green H2 Units at Mathura & Panipat Updated On Mon, Nov 22nd, 2021 by Saurenergy The Indian Oil Corporation (IOC), ranked 212th on the Fortune Global 500 list of the world’s biggest corporations as of 2021, has released a global tender to set up green hydrogen generation units at Mathura and Panipat — two of its big refineries in North India. The deadline for interested applicants to submit their bids […] Read more
Array Technologies Buys STI Norland in $652 million Tracker Deal Updated On Mon, Nov 15th, 2021 by Saurenergy American solar tracker firm Array Technologies is in advanced talks to acquire Spanish tracker manufacturer Soluciones Técnicas Integrales Norland (STI Norland) in a deal valued at around €570 million (US$652 million) in cash (€351 million/US$401 million) and stock. The deal closure is expected by Q1 of 2022. In 2020, STI generated revenues and EBIDTA of […] Read more
Self Sustaining Off Grid Options In Remote Areas Can Lead To Technological As Well As Social Changes Updated On Fri, Nov 12th, 2021 by Saurenergy Ashutosh Verma, Founder at Exalta India, a startup focused on the sustainability space has seen the market evolve from solar powered devices to a demand for EV’s today. It’s a market where his firm has tried to offer a product for each need. We spoke to him about his firm, and plans for the future. […] Read more
Shell, Baker Hughes Partner on Net-zero Targets & Solutions Updated On Thu, Nov 11th, 2021 by Saurenergy Oil major Royal Dutch Shell’s clean energy unit will provide renewable energy credits (REC) to oilfield firm Baker Hughes’ facilities in United States for a two-year period, the companies said on Wednesday. Baker Hughes will provide low-carbon technology solutions for Shell’s LNG fleet. The RECs are tradable instruments substantiating that electricity has been generated from renewable […] Read more
Auto Major M&M to Launch 16 EV Models by 2027 Updated On Wed, Nov 10th, 2021 by Saurenergy Home-grown automaker Mahindra and Mahindra (M&M) is very bullish on the Indian automobile market and has set a cumulative revenue growth target of 15-20% by the year 2025. The company also said that it plans to launch 16 electric vehicles (EVs) by 2027 across SUV and light commercial vehicle (LCV) categories to strengthen its leadership […] Read more
Senior PV Performance Analyst Updated On Mon, Nov 8th, 2021 by Saurenergy The Senior PV Performance Analyst will be based in Hyderabad, India. Onboarding will be virtual for the time being with occasional socially distanced meetings at a Nextracker office. You will use various PV performance analysis and modeling methods prevalent in the industry for understanding Nextracker’s smart control system’s behavior. You will also explore and develop […] Read more
