EIB Approves Euro 1670 Million Fund For Strengthening Sustainable Transport and Clean Energy Investments Updated On Fri, Feb 8th, 2019 by Saurenergy The investments in renewable energy initiatives are a part of the bank’s programme that saw EUR 4.8 billion of new financing. The European Investment Bank (EIB) has approved a total of EUR 1670 Million for strengthening sustainable transport and supporting the development of renewable energy in Europe, Africa, and Asia. The EIB-backed financing will support […] Read more
Nike Signs First Wind Power PPA in Europe Updated On Thu, Feb 7th, 2019 by Saurenergy The global sporting brand now benefits from the supply of over 200 megawatts (MW) of renewable wind power. Nike, the global sporting brand, has signed a Power Purchase Agreement (PPA) with Spain’s Iberdrola to source 40 MW of wind power from the Cavar wind complex in Navarra, northern Spain to power its facilities in Europe. […] Read more
Abu Dhabi Commissions World’s Largest Storage Battery Updated On Wed, Feb 6th, 2019 by Saurenergy The battery could potentially power the city of Abu Dhabi for six hours in case of a failure in the main grid. Otherwise, it will serve a function as a load balancer for the network. Abu Dhabi has commissioned a grid-scale deployment of a sodium-sulphur storage battery with a capacity of 108 MW/646 MWH battery […] Read more
US DOE Announces $28 Million for Offshore Wind Energy Updated On Mon, Feb 4th, 2019 by Saurenergy ATLANTIS projects will develop new technologies for floating, offshore wind turbines (FOWTs) using the discipline of control co-design (CCD). The U.S Department of Energy (DOE) has announced up to $28 million in funding for a new Advanced Research Projects Agency-Energy (ARPA-E) program, Aerodynamic Turbines, Lighter and Afloat, with Nautical Technologies and Integrated Servo-control (ATLANTIS). ATLANTIS […] Read more
TMEIC Bags First Place and 5 Star Rating Award for Excellence in EHS Practices Updated On Fri, Feb 1st, 2019 by Saurenergy Additionally, the company’s green factory in Tumakuru has achieved carbon & water neutrality through rainwater harvesting, zero discharge, natural air ventilators, natural lighting and in-house solar power generation. Japan-based TMEIC’s Indian arm, TMEIC India has won the 5 Star Rating award for excellence in Environment, Health & Safety (EHS) practices and the First Place award […] Read more
MNRE Seeks Suggestions on Draft Offshore Wind Energy Lease Rules Updated On Wed, Jan 30th, 2019 by Saurenergy The ministry has provided a timeline until February 25, 2019, for interested stakeholders to submit their suggestions. The National Offshore Wind Energy Policy provides only a basic framework for the development of offshore wind energy in the country. And now the Ministry has opened its new Draft Offshore Wind Energy Lease Rules for comments/suggestions/views from […] Read more
Porsche Builds First Zero Impact Factory for Electric Vehicles Updated On Thu, Jan 24th, 2019 by Saurenergy Porsche says that the facade of its new factory that will build the Taycan, its first all-electric vehicle, is coated with a material able to absorb nitrogen dioxide – a pollutant diesel cars were actually emitting. German automobile major, Porsche, which specialises in high-performance sports cars, SUVs and sedans, says that it is building a […] Read more
POWERED Accelerator’s Second Cohort Shortlists 9 Women-Led Startups Updated On Tue, Jan 22nd, 2019 by Saurenergy Selected companies from the 2nd cohort will be supported with an equity-free seed fund of up to $10,000 after a successful first cohort in October. POWERED Accelerator, a first-of-its-kind global entrepreneurship programme, focusing on women-led businesses in the energy value chain, has shortlisted 9 women-led startups for its 2nd cohort. The 9 women-led startups shortlisted […] Read more
BHEL Clinches CBIP Award as Best Power Equipment Maker Updated On Fri, Jan 11th, 2019 by Saurenergy The award was received by Atul Sobti, Chairman & Managing Director (CMD), BHEL, from R.K. Singh, Union Minister of State (Independent Charge) for New & Renewable Energy and Power, on the CBIP Day. Public sector electric equipment maker Bharat Heavy Electricals Limited (BHEL) has won the ‘Best Power Equipment Manufacturing Organisation’ award during the CBIP […] Read more
