Syngene Announces Acquisition of 26% Stake in Ampyr Updated On Wed, Jul 13th, 2022 by Saurenergy The corporate sector is bullish about investments in the renewable sector reasoned by the availability of cheap power and compulsions under ESG ambitions. In a latest development, Syngene International has revealed that it is looking to acquire up to 26 per cent equity stake in Ampyr Renewable Energy Resources Eleven, which is a SPV formed […] Read more
Project Development Manager Updated On Tue, Jul 12th, 2022 by Saurenergy As our Project Development Manager you will be responsible for managing the development and structuring of renewable energy projects in India from early opportunity through the development cycle to financial close. Your ability to structure and negotiate complex transactions, to lead coordination of external and internal development processes, and to collaborate with multidisciplinary teams we be […] Read more
BP And Thyssenkrupp Steel Sign MoU On Supply Of RE In Steel Production Updated On Tue, Jul 12th, 2022 by Saurenergy British Oil major BP and German metal working giant Thyssenkrupp Steel have signed an MoU to ensure long-term supply of low carbon hydrogen and renewable power for steel production. Among the renewable options for both the companies are blue hydrogen, green hydrogen, wind and solar generation through solar purchase agreements. Steel accounts for 8-11% of […] Read more
NMDC Looking To Invest In Renewable Energy Sources Updated On Mon, Jul 11th, 2022 by Saurenergy Mining major National Mineral Development Corporation (NMDC) has set its sights on investment in the renewable energy sector. The information comes from Sumit Deb, Chairman and Managing Director (CMD) of NMDC. The top official of the Central PSU affirmed the quest of NMDC to invest in the renewable energy sector as he said that the […] Read more
Rolls-Royce Sets Foot Into Hydrogen Electrolyser Business Updated On Fri, Jul 8th, 2022 by Saurenergy Rolls Royce has announced its entry into hydrogen production as it is acquiring a 54 per cent stake in Hoeller Electrolyzeris, an electrolysis stack specialist. Rolls Royce will boasts of innovative technology to form the basis of a new range of mtu electrolyzer products from its power systems division. Hoeller Electrolyzer in Wismar, Germany, is […] Read more
Singapore Gets Its First Renewable Energy Import From Laos Updated On Fri, Jul 8th, 2022 by Saurenergy Singapore’s Energy Market Authority (EMA) has said that the country has begun to import renewable energy from Laos through Thailand and Malaysia. The authority held that this is the first such transfer of RE into Singapore. In September 2021, a power purchase agreement (PPA) was signed between Keppel Electric of Singapore and Electricite du Laos […] Read more
GE Commissions 180-MW Bajoli Holi Hydro Project In Himachal’s Chamba Region Updated On Wed, Jul 6th, 2022 by Saurenergy The 180-MW Bajoli Holi Project, consisting of three units of 60 MW each, in Chamba district of Himachal Pradesh has been commissioned by GE Renewable Energy‘s Hydropower business 7 years after bagging the contract in March 2015. the project was commissioned on behalf of GMR Energy, the operator for the project. Connected to the grid […] Read more
Meta Materials and Coulometrics Join Hands to Develop Next-Generation Batteries Updated On Wed, Jul 6th, 2022 by Saurenergy Canada-based smart materials developer, Meta Materials has recently announced collaboration with lithium-ion battery material development company, Coulometrics. Through this partnership, Meta Materials will independently assess its platform technologies for battery applications and make it more powerful next-generation batteries. President & CEO of Meta Materials, George Palikaras stated, “With the recent strategic acquisitions of Plasma App […] Read more
Karnataka Signs MoUs With Petronas Hydrogen and Continental Automotive Components For Investment Worth Rs 32,000 Cr Updated On Wed, Jul 6th, 2022 by Saurenergy The Karnataka Government has signed two separate Memorandums of Understanding with Malaysia-based Petronas Hydrogen and Continental Automotive Components. This will usher an investment in the state to the tune of Rs 32,000 crore. The MoUs were signed by Dr. EV Ramana Reddy, Additional Chief Secretary in the Department of Industries and Commerce. Chief Minister Basavaraj […] Read more