Ingeteam Smart SCADA Solution Reaches 20 GW Milestone Updated On Tue, Sep 7th, 2021 by Saurenergy Energy conversion specialist Ingeteam Wind Energy has integrated its all-in-one SCADA software across 20 GW of renewable energy projects worldwide. Ingeteam has been engaged in asset monitoring and plant performance optimization for over three decades. In the past few years, the company has enjoyed increasingly strong demand for its INGESYS™ Smart SCADA suite across all […] Read more
US Vanadium Announces $2.1 M Production Capacity Expansion Updated On Mon, Sep 6th, 2021 by Saurenergy American chemicals producer US Vanadium has announced a $2.1 million expansion of its production capacity for ultra-high-purity electrolyte used by grid-level vanadium flow batteries (VRFB). The production expansion comes on the heels of a purchase agreement for 580,000 litres of ultra-high-purity electrolyte by Austrian VRFB manufacturer and energy storage provider Enerox GmbH, which sells its […] Read more
Chennai-Based Lucas TVS Plans 10 GWh Battery Gigafactory in Tamil Nadu Updated On Fri, Sep 3rd, 2021 by Saurenergy Lucas TVS, the Chennai-based auto components major that is part of the TVS group has signed an agreement with 24M’s advanced ‘SemiSolid’ electrode technology. 24M has built its reputation on the promise of a lithium-ion battery manufacturing process that is more modular, efficient and low cost. Spun out of MIT, it already has partnerships with […] Read more
Shell & CoensHexicon to Build 1.4 GW Floating Wind Farm in South Korea Updated On Thu, Sep 2nd, 2021 by Saurenergy Shell Overseas Investment BV, a unit of Dutch oil and gas major Royal Dutch Shell, and CoensHexicon have established a joint venture to fund, develop, and operate MunmuBaram, a 1.4 GW floating offshore wind farm for South Korea. MunmuBaram is expected to power over 1 million homes once it begins operating. The two companies announced their […] Read more
Bacteria Could Lead the Way for Cheap & Green Energy Storage: Study Updated On Thu, Sep 2nd, 2021 by Saurenergy Cornell University bioengineer Buz Barstow, Ph.D. ’09, is trying to solve a big problem: How to build a low-cost, environmentally friendly and large-scale system for storing and retrieving energy from renewable sources such as wind and solar. Currently, there are no sustainable methods for storing green energy, as batteries are environmentally toxic. The answer may […] Read more
Developing Energy Storage Key for India’s Decarbonisation, finds Study Updated On Thu, Sep 2nd, 2021 by Saurenergy In order to achieve its target of 450 GW of wind and solar by 2030, India’s wind and solar capacity must grow 20% year-over-year between 2022 and 2030. Developing energy storage is a key avenue for increasing India’s power system flexibility and the share of renewables and ultimately enabling India’s decarbonisation, finds a new study by the […] Read more
Adani Green Raises $750 M for Projects in Pipeline Updated On Thu, Sep 2nd, 2021 by Saurenergy Adani Green Energy Ltd (AGEL) has priced its maiden ListCo senior issuance of $750 million through a 3-year issuance under the 144A / Reg S format, at a fixed coupon of 4.375%. The issuance was oversubscribed by 4.7 times. This issuance establishes AGEL as India’s leading credit in the renewable sector with a robust and […] Read more
Azure Power Q1 Results. 7% QoQ Growth, Back Into Profits Updated On Wed, Sep 1st, 2021 by Saurenergy Azure Power, one of the leading solar power developers from India, and listed on the New York Stock Exchange (NYSE), has announced its Q1 results. The Firm had the following key highlights to showcase: Megawatts (“MW”) Operating* were 2,052 MWs, as of June 30, 2021, an increase of 23% over June 30, 2020. Operating, Contracted & Awarded […] Read more
MNRE Notification Extends Deadline for PM KUSUM Component A Completion Updated On Tue, Aug 31st, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has published a notification extending the deadline for projects allotted under Component A of PM KUSUM scheme to March 31, 2022. Component A refers to ground mounted projects on barren/waste land owned by farmers or in rural areas, with an overall target of 10,000 MW of such […] Read more