E-Tractor Maker AutoNxt Automation Secures Fresh Funding Updated On Fri, Aug 19th, 2022 by Saurenergy India’s first electric tractor venture AutoNxt Automation has announced that it has secured a funding of Rs 6.4 Crore in angel investment from HNI in their seed round of funding under the leadership of board member Swadeep Pillarisetti. AutoNxt Automation held that the funding round was led by Keiretsu Forum, Virya Mobility 5.0 and a […] Read more
Toyota Research Institute & Northwestern Unite To Aid World’s First Nanomaterial Data Factory Updated On Thu, Aug 18th, 2022 by Saurenergy Toyota Research Institute (TRI) and Northwestern University have joined hands to aid the acceleration of new materials discovery, design and development with the world’s first nanomaterial “data factory.” This methodology, driven by artificial intelligence, greatly transcends the standard trial and error through the exploration of extensive parameter sets, data collection and then empowering AI to search […] Read more
Hygenco & Jindal Stainless Collaborate for Green Hydrogen Updated On Thu, Aug 18th, 2022 by Saurenergy Haryana-based Green Hydrogen solutions developer, Hygenco India has signed a long-term green hydrogen offtake agreement with Jindal Stainless Limited. Under the terms of the agreement, Hygenco will be responsible for building, owning, and operating a multi-megawatt green hydrogen facility for 20 years. Jindal Stainless Ltd will be able to reduce its carbon emissions by approximately […] Read more
India Added 1.9GW Of RE Open Access Capacity In FY22 Updated On Thu, Aug 18th, 2022 by Saurenergy The falling costs of renewable energy and the decarbonisation goals of commercial and industrial consumers are driving the uptake of renewable energy open access power. The renewable energy open access (OA) market, which has been expanding in almost all key renewables-rich states in recent years, will continue to overcome policy hurdles to grow organically in […] Read more
ReNew Energy Raises $1 Billion Loan For 1300 MW RTC Project Updated On Thu, Aug 18th, 2022 by Saurenergy ReNew Energy Global plc has announced that it has tied up with 12 international lenders, led by Rabobank- a Dutch multinational banking and financial services company, for the largest External Commercial Borrowings (ECB) project finance loan in the country’s renewable sector, for any single project. The US$ 1-billion loan project has been tied up through […] Read more
Kinetic Engineering To Establish a $250 Million Electric Vehicle Subsidiary Updated On Thu, Aug 18th, 2022 by Saurenergy Kinetic Engineering (KEL), the Kinetic Group’s flagship company, has announced the formation of a subsidiary company focused on the electric vehicle (EV) segment. The subsidiary will have an authorized capital of up to $250 million, and the company will own more than 51% of it. KEL would use its strong technical knowledge and vast manufacturing […] Read more
Manager-Supply Chain Management Updated On Wed, Aug 17th, 2022 by Saurenergy Procurement of all materials like Solar Inverters, Transformers, HT Panels, Cables, UPS, Earthing material, etc for Ground mounted Solar Projects. Key Activities (Role & Responsibility):- Co-ordination with internal customers. Vendor Data base. Identification of New Vendors. Support to functions for new vendor assessment. Supports to BD team on vendor base and techno commercial solutions (Need […] Read more
US Based BlackRock to Invest $1 Billion In Big Battery Projects In Australia Updated On Wed, Aug 17th, 2022 by Saurenergy In what could prove to be a shot in the arm for the Australian energy storage industry, American investment conglomerate BlackRock has said that it looks to invest $1 billion in big energy battery projects in Australia. The company has agreed to acquire Australian company Akaysha Energy, which has nine projects attached to Australia’s main […] Read more
Liberty Acquires Renewable Natural Gas Platform; Partners On Hydrogen Hub Project Updated On Wed, Aug 17th, 2022 by Saurenergy US power utility Liberty has announced the completion of its acquisition of Sandhill Advanced Biofuels- a leading renewable energy company that looks to upgrade biogas to renewable natural gas. Sandhill Advanced Biofuels boasts of a portfolio of four projects in the state of Wisconsin, USA. Liberty is a wholly-owned subsidiary of Algonquin Power & Utilities […] Read more