Deutsche Bahn, Kia Partner To Convert Used Batteries Into Storage Systems Updated On Fri, Sep 9th, 2022 by Saurenergy The Korean automaker Kia and Germany’s Deutsche Bahn (DB) have announced a partnership to increase the useable life of batteries used in electric mobility. Their solution is to re-use used lithium-ion batteries from electric vehicles to create efficient and cost-effective energy storage systems for green electricity. The official statement says that the second-life battery energy […] Read more
Cummins to Expand Belgium Electrolyzer Manufacturing Capacity To 1 GW Updated On Fri, Sep 9th, 2022 by Saurenergy American multinational Cummins Inc. has announced that it will expand PEM electrolyzer manufacturing capacity at its Oevel, Belgium, factory to 1 GW with the support from the Important Project of Common European Interest (IPCEI) Hy2Tech program. Cummins held that IPCEI will help Cummins develop a new generation of PEM electrolyzer cell stacks to power large-scale […] Read more
RWE Renewables Wins German North Sea Wind Auction for 980 MW Project Updated On Thu, Sep 8th, 2022 by Saurenergy New York-based RWE Renewables Offshore HoldCo Four GmbH has won a tender from the German Government for the development of an offshore wind energy farm of capacity of 980 MW in the German North Sea. RWE had proposed to develop the wind farm in N-7.2 Zone that too without availing the state subsidies. Klaus Müller, […] Read more
Ignitis Group to Acquire Latvian Company with 200 MW of Renewable Energy Updated On Thu, Sep 8th, 2022 by Saurenergy State-controlled energy holding company in Lithuania, Ignitis Group (AB Ignitis grupė) has announced that after the approval of the Group’s Management Board, the Group’s subsidiary UAB Ignitis Renewables has signed an agreement to acquire 100 per cent shares of a Latvian company which is developing a wind and solar project in Latvia. The agreement is […] Read more
Start-Up Jungle Raises €5 Million to Deploy AI Technology in RE Sector Updated On Wed, Sep 7th, 2022 by Saurenergy Dutch artificial intelligence start-up Jungle has announced that it has closed a €5 million Series A funding round led by SHIFT Invest- Dutch venture capital fund complemented by Rocks International Group, EDP Ventures, Gorilla Growth Capital and Future Energy Ventures. Jungle said that the funding will allow it to speed up the deployment of its […] Read more
NTPC, DVC Incorporate Green Valley Renewable Energy as Joint Venture Updated On Wed, Sep 7th, 2022 by Saurenergy The National Thermal Power Corporation (NTPC) has confirmed through a filing before the Bombay Stock Exchange (BSE) that its green energy arm NTPC Renewable Energy has incorporated Green Valley Renewable Energy to develop, operate and maintain renewable energy parks and projects. The new company will be a joint venture of NTPC with Damodar Valley Corporation […] Read more
The Top List. Key Foreign Investors in Indian Renewable Sector Updated On Mon, Sep 5th, 2022 by Saurenergy Investors are moving to the renewable energy markets across the globe. Some of the largest foreign investors are finding it ideal to pour their investments into the Indian renewable sector. India promises highly favourable weather conditions and a willingness to rapidly develop the clean energy industry. In fact, it is one of the top destinations […] Read more
Jakson Group Sets Sights on Building Green Hydrogen Projects Across Asia, Africa Updated On Mon, Sep 5th, 2022 by Saurenergy A leading energy company in India, Jakson Group has shared that it will set up green hydrogen projects across Asia and Africa. The Chairman and Managing Director, Jakson Group, Sameer Gupta revealed, “The company intends to construct green hydrogen projects throughout West Asia and North Africa. The intention is to hunt for hydrogen and ammonia […] Read more
Hindustan Zinc to Take 26% Stake in Group Firm Serentica Renewables for Rs 350 Crore Updated On Mon, Sep 5th, 2022 by Saurenergy Hindustan Zinc has revealed in a regulatory filing before the Bombay Stock Exchange (BSE) that it has signed a power delivery agreement with Serentica Renewables India 4 Pvt Ltd for the delivery of renewable power to the company on a long-term basis. Hindustan Zinc is a Vedanta group company. Serentica Renewables is a special purpose […] Read more
