Azure Power Hopeful of No Price Markdowns As PSA’s Finally Start on Its 4 GW Mfg Linked Win Updated On Thu, Sep 2nd, 2021 by Saurenergy At an analyst call post its Q1 results for 2022-23, Azure Power CEO Ranjit Gupta expressed the hope that there will be no price markdowns on the winning bid rates, for its 4 GW tender manufacturing linked tender wins. Azure had won a total project capacity of 4 GW, even as Adani Green Energy won […] Read more
Odisha EV Policy 2021: Targets 20% EV Registrations by Mid-decade Updated On Tue, Aug 31st, 2021 by Saurenergy The Odisha Government has released the Electric Vehicle (EV) Policy, 2021, which aims to accelerate the adoption of EVs, especially in the category of electric two-wheelers (E2W), three-wheelers (E3W), and light motor vehicles (E4W). The Government of India has adopted a National Electric Mobility Plan to cut its emission intensity by 35% below levels by […] Read more
Researchers At Saudi University Claim Storage Breakthrough With Zinc-Ion Batteries Updated On Tue, Aug 31st, 2021 by Saurenergy Researchers at Saudi Arabia’s King Abdullah University of Science and Technology (KAUST) claim to have developed a new zinc-ion battery chemistry that they hope will deliver large-scale energy storage that is cheaper, safer, and more environmentally friendly than the commonly used lithium-ion batteries. The research summary states that rechargeable Zn-ion batteries are highly promising for […] Read more
“The Whole Ethos of the Company is Energy Independence”, Sunpower Renewables Updated On Mon, Aug 30th, 2021 by Saurenergy As the energy market continues to open up In India, it’s throwing up a number of opportunities for firms. One such firm is Australia based Sunpower Renewables, which has focused on storage based solutions using Lithium Ion batteries. Starting with a simple solar lantern back in 2016, the firm today is offering an array of […] Read more
Ready For High Tide At Jakson Group Updated On Mon, Aug 30th, 2021 by Saurenergy At the closely held Jakson Group, known until recently for its prowess in the diesel genset market rather than renewable energy, setbacks are usually taken in stride. The group has faced its share of challenges in a legacy almost as old as Independent India, thanks to its modest beginnings in 1947. The two big disruptions […] Read more
Japanese Firm to Build World’s 1st Power Transfer Vessel Updated On Fri, Aug 27th, 2021 by Saurenergy PowerX, a Japanese company, plans to innovate power storage and transmission by developing an automated Power Transfer Vessel to carry electricity from offshore wind farms to shore. The very first model of such vessels is “Power ARK 100” – a 100TEU trimaran specially designed for transferring renewable energy in Japan’s coastal waters. The company also […] Read more
Gravity based Energy Storage Startup Energy Vault Announces $100 Million Funding Updated On Wed, Aug 25th, 2021 by Saurenergy Energy Vault, the firm behind gravity-based, grid-scale energy storage solutions with its proprietary technology, today announced $100 million in Series C funding. We had covered the firm’s series B funding back in 2019. The newest investment round is being led by existing investor Prime Movers Lab, with additional participation from other existing investors including SoftBank […] Read more
ReNew Power Merges with RMG II, Lists on Nasdaq via SPAC Updated On Wed, Aug 25th, 2021 by Saurenergy Haryana-based ReNew Power has completed its previously announced business combination with RMG Acquisition Corporation II. After the combination, RMG II has become a wholly-owned subsidiary of ReNew Energy Global. Consequently, ReNew’s Class A ordinary shares and warrants commenced trading on the U.S. stock exchange NASDAQ on August 24, 2021. The company listed in the US through […] Read more
ICRA Predicts 8-10% Share For E Buses by 2025 Updated On Fri, Aug 20th, 2021 by Saurenergy Buses, the bulwark of public transport in any well planned transport system, are set to be a key part of the transition to electric mobility in India too. Thanks to focused subsidies and pressure to improve a decrepit bus network in most markets, e-buses are set to make a large impact in this category. For […] Read more
