States, Discoms Need To Do More for Success of Grid Connected Options in PMKUSUM, Says Study Updated On Mon, Aug 30th, 2021 by Saurenergy The Indian government has been giving a renewed push to the PM-KUSUM scheme that promises reliable power supply for irrigation. But the proposed solarisation models, especially component A and C that involve grid connectivity have fared poorly so far. A new study by the Council on Energy, Environment, and Water (CEEW) and Shakti Sustainable Energy […] Read more
Siemens Energy to Build Green H2 Industry in Egypt Updated On Fri, Aug 27th, 2021 by Saurenergy German company Siemens Energy has signed a Memorandum of Understanding with the Egyptian Electricity Holding Company to jointly develop hydrogen-based industry in Egypt with export capability. The agreement was signed by Christian Bruch, President and CEO of Siemens Energy, and Gaber El- Dessouki, Chairman of the Board of Directors of the Egyptian Electricity Holding Company […] Read more
India’s Emissions Have Dropped by 28% from 2005 Levels: R K Singh Updated On Thu, Aug 26th, 2021 by Saurenergy India has already achieved emission reduction of 28% over 2005 levels, against the target of 35% by 2030 committed in its NDC (Nationally determined contributions), which makes India one of the few countries globally that have kept to their Paris Climate Change (COP21) commitments along with an exponential increase in renewable energy capacity, said Union […] Read more
One Year On, Vedanta Emerges as Top Buyer On GTAM Market of IEX Updated On Mon, Aug 23rd, 2021 by Saurenergy Indian Energy Exchange, (IEX) celebrated the first anniversary of the start of trading on its its Green Term Ahead Market (GTAM) with a special conference. IEX informs us that the GTAM has cumulatively traded 2744 MU of renewable energy in its first year comprising of 1267 MU volume in the solar segment and 1477 MU […] Read more
IKEA To Start Selling Renewable Electricity To Swedish Households Updated On Wed, Aug 18th, 2021 by Saurenergy IKEA, which started selling solar panels and other equipment at its stores sometime back, is now moving into direct electricity selling too. Under the plan that the global retailer of furniture and other items has announced, IKEA’s solar panel producer, Svea Solar will be buying renewable electricity on the Nordic power exchange Nord Pool and […] Read more
High Power Modules and Agriculture Production Combine, As Trina Showcases 210m Series Updated On Tue, Aug 17th, 2021 by Saurenergy Trina Solar has shared on a project, covering 160 hectares of farmland, that uses Trina Solar’s 210 Vertex 550W series and is expected to generate 110 million kWh of electricity a year. The firm is showcasing the 100 MW project as a great example of combining solar with agriculture. The firm claims that the 210 […] Read more
CleanMax Gets ₹1,650 Cr Equity Investment from Augment Infrastructure Updated On Thu, Aug 12th, 2021 by Saurenergy Mumbai-based clean energy company CleanMax Enviro Energy Solutions Pvt. Ltd. has revealed that US investment firm Augment Infrastructure will acquire a majority stake in it for Rs 1,650 crore. Augment is purchasing the existing stake of Yellow Bell Investment Ltd (an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing) […] Read more
Global Stationary Lead Acid Battery Market to be Worth $11 B by 2030 Updated On Thu, Aug 12th, 2021 by Saurenergy Globally, the stationary lead acid batteries market is estimated to reach $11.02 billion by 2030 from $7.38 billion in 2020, an uptick at a compound annual growth rate of 4.1%, finds a new analysis by market research company Frost & Sullivan. The report “Global Stationary Lead Acid Battery Growth Opportunities,” shows that stationary lead acid […] Read more
Sicona Secures AU$3.7 M to Expand Battery Supplies Tech Updated On Thu, Aug 12th, 2021 by Saurenergy Australian firm Sicona Battery Technologies Pty Ltd has raised AU$3.7 million in a pre-Series A funding round from leading investors to scale battery materials technology globally. This latest capital injection follows the company’s $1 million seed round in July 2020, the award of a $704k ‘Accelerating Commercialisation’ Grant by the Australian Federal Government in November 2020, […] Read more
