Green H2 firm Ohmium closes $45 M Series B financing Updated On Mon, Apr 18th, 2022 by Saurenergy US green hydrogen company Ohmium International recently announced it has closed $45 million Series B financing in a round led by existing investor Fenice Investment Group with participation from current major investors and new investor Energy Transition Ventures. The funds will support Ohmium’s rapid growth plan to quadruple hydrogen manufacturing capacity from 500 MW annually […] Read more
Maharashtra Postpones EV Policy Due to Inadequate Charging Ecosystem Updated On Mon, Apr 18th, 2022 by Saurenergy An underdeveloped ecosystem is certain to prove to be an impediment in faster adoption of electric vehicles. In the present case, a resolution has been issued by the Environment Department of the Maharashtra Government aimed at implementing state’s Electric Vehicle Policy from April 2023 instead of April this year. The postponement of the EV Policy […] Read more
Tata Power Renewables to get Rs 4,000 crore Investment from BlackRock, Mubadala Updated On Mon, Apr 18th, 2022 by Saurenergy Tata Power Renewable Energy Ltd has raised Rs 4,000 crore to build a comprehensive platform to achieve its renewable sector ambitions in India. In a statement filed with exchanges, it has shared that a binding agreement has been signed by Tata Power and the BlackRock Real Assets-led consortium under which BlackRock will invest in Tata […] Read more
Japan’s Osaka Gas Enters 10GW Desert Bloom Hydrogen Project in Australia Updated On Thu, Apr 14th, 2022 by Saurenergy Japan based Osaka Gas has entered into an agreement with technology provider Aqua Aerem to develop the 10-gigawatt (GW) Desert Bloom Hydrogen project in Northern Australia that attracts an investment of $10.75 billion. Aqua Aerem is the proponent of the Green Hydrogen project. The entry from Osaka gas is considered a surprising yet bold move […] Read more
Mercedes-Benz VISION EQXX Runs 1,000 Km on Single Battery Charge Updated On Thu, Apr 14th, 2022 by Saurenergy The VISION EQXX from German automaker Mercedes-Benz has run more than 1000km (621 miles) in Europe to demonstrate its range and efficiency in a single battery charge. The new electric vehicle covered the distance from Sindelfingen to Cassis on the Côte d’Azur through regular road speeds that included fast driving and also limiting speeds. As […] Read more
Power ministry seeks EOI to set up pilot mfg zone for power & RE sector Updated On Thu, Apr 14th, 2022 by Saurenergy The Ministry of Power (MoP) has sought Expression of Interest (EOI) for setting up a manufacturing zone on pilot basis for Power & Renewable Energy Sector. The Ministry had earlier issued orders conveying implementation of a Scheme for Setting up a Manufacturing Zone for Power and Renewable sector on pilot basis with a budgetary outlay […] Read more
MoP Launches Fresh Version of Scheme For Bundling Thermal with Renewable Energy Updated On Thu, Apr 14th, 2022 by Saurenergy The Ministry of Power (MoP) has repealed its scheme on bundling thermal/hydro power plants with standalone renewable energy projects, substituting it with a fresh scheme. In November, 2021, MoP issued the ‘Scheme for Flexibility in Generation and Scheduling of Thermal/Hydro Power Stations through bundling with Renewable Energy and Storage Power’ to comprehensively cover replacement of […] Read more
Glencore Agrees with GM to Supply Cobalt for Electric Vehicles Updated On Thu, Apr 14th, 2022 by Saurenergy In the middle of a global rush for minerals required for the rising electric vehicle ecosystem, American automaker General Motors Company (GM) has announced that it will purchase cobalt from Australian miner Glencore from its Murrin operations. The size of the deal remains undisclosed by the two players. Cobalt makes up just 0.001% of earth’s […] Read more
SECI Invites Bids for 1000 MW Battery Energy Storage Projects Updated On Thu, Apr 14th, 2022 by Saurenergy Solar Energy Corporation of India (SECI) has issued invited bids for the selection of battery energy storage system developers for setting up of 1000 MWh (500 MW x 2 hrs) battery energy storage systems in India for “on demand” usage under tariff-based competitive bidding (ESS-I). The Projects will be set up under “BOOT” model. Key details […] Read more
