Germany’s GridX secures $40 Million in Series C Funding Updated On Thu, Apr 28th, 2022 by Saurenergy GridX, a German enterprise rate platform provider to modern utilities and energy technology companies, has closed $40 million in Series C funding led by Energy Impact Partners (EIP), a global investment platform. Moore Strategic Ventures (MSV), Sunfox Capital and NGP ETP also participated in the round with Hunter Horgan of MSV joining the company’s board […] Read more
Saudi Arabia will Purchase Up to 100,000 Electric Vehicles from Lucid Group Updated On Thu, Apr 28th, 2022 by Saurenergy America’s electric vehicle manufacturer Lucid Group has announced that it has signed an agreement with the Government of Saudi Arabia, under which the Government will purchase up to 100,000 vehicles over a ten-year period. Saudi Arabia has made an initial commitment to purchase 50,000 vehicles and an option to purchase up to an additional 50,000 […] Read more
World’s Largest Green Hydrogen Project to Get $500m from US Govt Updated On Thu, Apr 28th, 2022 by Saurenergy The US Department of Energy (DOE) has announced that it has conditionally committed for up to $504 million in debt financing for the Advanced Clean Energy Storage Project which is expected to be the world’s largest industrial green hydrogen production and storage facility. The commitment is made to companies: Advanced Clean Energy Storage, Mitsubishi, Magnum […] Read more
Tata Motors will supply 5000 electric vehicles to Lithium Urban Technologies Updated On Wed, Apr 27th, 2022 by Saurenergy Tata Motors has agreed with Bengaluru-based and Eversource Capital owned Lithium Urban Technologies which will deploy 5000 Xpres T Electric Sedans throughout India for the transportation of employees. Lithium Urban Technologies provides urban transportation services but only with electric vehicles. Tata Motors has informed that the deliveries of the electric vehicles will be done in […] Read more
India could become carbon neutral before its 2070 goal: IRENA chief Updated On Wed, Apr 27th, 2022 by Saurenergy India’s focus on decarbonising its steel sector and developing offshore wind power will help it become carbon neutral ahead of its promised goal of 2070, the director-general of the International Renewable Energy Agency (IRENA) said. IRENA’s Francesco La Camera told an international news agency that India was “very serious” about meeting the challenges and was […] Read more
CESL Gets Lowest Ever Prices for 5450 Buses under FAME II Scheme Updated On Wed, Apr 27th, 2022 by Saurenergy Convergence Energy Services Limited (CESL), a PSU under Ministry of Power has announced today that it has discovered the lowest ever prices for the biggest ever demand for electric buses under the Grand Challenge tender. The tender, announced in January this year, had hoped to get the first batch of buses on the road by […] Read more
H2-Industries to build $1.4bn waste-to-hydrogen plant in Oman Updated On Tue, Apr 26th, 2022 by Saurenergy In what could be the first of its kind in Oman, H2-Industries has signed a memorandum of understanding (MoU) with Madayn for the development of a waste-to-hydrogen plant in the country. H2-Industries is an American hydrogen generation and storage player and Madayn is Public Establishment for Industrial Estates in the Sultanate of Oman. The company […] Read more
Hydrofuel Canada gets Green Ammonia, Hydrogen Cheaper than Fossil Fuels Updated On Tue, Apr 26th, 2022 by Saurenergy Hydrofuel Canada has signed a license agreement with Georgia Institute of Technology for their MAPS system which enables high-yield, sustainable ammonia synthesis from air and water. The technology has unprecedented efficiency which uses a gas-phase electrochemical process. Hydrofuel Canada is engaged in delivering green ammonia and hydrogen along the last mile to its customers. Hydrofuel […] Read more
India’s NIWE and UK’s ORE Catapult Collaborate for Offshore Wind Development Updated On Tue, Apr 26th, 2022 by Saurenergy India’s National Institute of Wind Energy (NIWE) has announced signing of a a Joint Declaration of Intent (JDI) with ORE Catapult of the United Kingdom under which the two wind energy organisations of their respective countries will establish a five-year collaboration programme for the development of wind energy, particularly offshore wind. India currently has zero […] Read more
