33 GW Pumped Hydro Storage Projects to be Set Up in Andhra Pradesh Updated On Mon, Aug 16th, 2021 by Saurenergy The Andhra Pradesh energy department will install Pumped Hydro Storage Power Projects (PSP), with 33.24 GW total capacity, across 1.45 lakh acres in Kadapa, Kurnool and Anantapur districts. Energy secretary Srikant Nagulapalli believes these pumped hydro storage power will improve the power supply position in the state. “These will enable the consumers to get quality […] Read more
Ola Electric Scooter Prices In States after Subsidies Updated On Mon, Aug 16th, 2021 by Saurenergy India’s ride-hailing giant Ola has launched its Ola S1 electric scooters on Independence Day 2021. The much-awaited e-scooter comes at Rs 99,999. This price is ex-showroom including FAME II subsidy and excludes state subsidies. After state subsidy in Delhi, the S1 should cost just Rs 85,099 whereas, in Gujarat, it would cost as low as […] Read more
‘Blue’ Hydrogen Worse for Climate Than Coal, Gas, Diesel, Finds Study Updated On Mon, Aug 16th, 2021 by Saurenergy Could a supposedly “clean” and “green” energy source’s use harm the climate more than burning fossil fuel does? According to Cornell and Stanford University researchers, “blue” hydrogen, which is currently being lauded as a way to reduce global warming, is one such source. Blue hydrogen involves a process for making hydrogen by using methane in natural […] Read more
Azure Power Secures Green Bond of US$41.4 Million At Lowest Coupon of 3.575% Updated On Fri, Aug 13th, 2021 by Saurenergy Indian independent power producer (IPP), Azure Power Global Limited announced the issuance of a dollar green bond of US$414,000,000, through its wholly-owned subsidiary, Azure Power Energy Ltd. The Bond, maturing in 2026, will be issued at a coupon of 3.575%, i.e., the lowest ever coupon in the high-yield segment for any business out of India […] Read more
Researchers Make High-activity Photocatalyst Using Gold Nanoclusters Updated On Fri, Aug 13th, 2021 by Saurenergy Researchers from Japan have designed a stable, high-performance photocatalyst from gold nanoclusters (NCs) by removing the protective molecules around them. In a new study published in Angewandte Chemie, Prof. Negishi led a team of researchers, including Assistant Professor Tokuhisa Kawawaki, Mr. Yuki Kataoka, Ms. Momoko Hirata, and Mr. Yuki Akinaga, to dig deep into the […] Read more
Researchers Develop Technology to Produce Hydrogen from Agriculture Residue Updated On Thu, Aug 12th, 2021 by Saurenergy Researchers from two Pune-based institutes today announced the development of a technique that produces hydrogen directly from agricultural residue. The generated hydrogen can be used in fuel cell-powered vehicles. Scientists from Sentient Labs, a KPIT Technologies incubated R&D innovation lab, and Agharkar Research Institute (ARI) of Maharashtra Association for the Cultivation of Science (MACS) came […] Read more
Borosil Renewables Q1 Results. Some Speed Bumps, But A Long Clear Road Ahead Updated On Thu, Aug 12th, 2021 by Saurenergy Continuing its smart turnaround on the back of high solar glass prices, Mumbai-based solar glass manufacturer Borosil Renewables has reported a net profit of Rs 39.62 crore in Q1 FY22 as against a net loss of Rs 1.87 crore in Q1 FY21. The stunning results follow from a 151.8% YoY increase in net sales to […] Read more
Vestas Revenues At $4.1 Bn in Q2 FY21, Orsted Reports $2.68 Bn Updated On Thu, Aug 12th, 2021 by Saurenergy Danish wind turbines manufacturer, Vestas Wind Systems, has released its financial results for the second quarter of the fiscal year 2021 (Q2FY21), and it has reported a revenue of EUR 3.53 billion (USD 4.15 billion). Fellow Danish utility and developer, Orsted also reported its financial results for the same quarter today, coming out with a […] Read more
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