Green Products to be Cheaper After EU Changes VAT Rules Updated On Thu, Dec 9th, 2021 by Saurenergy European Union finance ministers agreed on Tuesday to change EU rules so that they can cut the Value Added Tax (VAT) on goods and services linked to fighting climate change, health protection and making the EU more ready for the digital age. At the same time they agreed to phase out by 2030 some of […] Read more
CERC Agrees With Tata Motors, Allows One time Relaxation For Issue of RECs Updated On Thu, Dec 9th, 2021 by Saurenergy In an interesting order published yesterday, the Central Electricity Regulatory Commission (CERC) has provided relief to Tata Motors (petitioner), on a plea the latter made against the respondent, National Load Despatch Centre (NLDC) in the matter of issuance of the Renewable Energy Certificates to the Petitioner for the specified period. The Issue: Tata Motors, which […] Read more
GoodWe Adds Top Altman-Z Score To Strengthen High Bankability Status Updated On Thu, Dec 9th, 2021 by Saurenergy In few industrial sectors is the financial strength of every supplier taken as seriously as it possibly is in the case of solar energy. For the young sector, where projects are routinely expected to last 25 years, with minimum product warranties starting at 5 years, suppliers bankability has always been a selling point with financiers. […] Read more
CERC Declines To Step in For Change In Law Petition From Mahindra Renewables Updated On Wed, Dec 8th, 2021 by Saurenergy In a recent judgement, the Central Electricity Regulatory Commission (CERC) rejected Mahindra Renewables Private Limited’s arguments in its petition regarding Change of Law (CIL) rules with respect to a power purchase agreement (PPA) signed with Solar Energy Corporation of India Limited (SECI) in December 2018. Mahindra Renewables petitioned CERC, seeking that the imposition of safeguard duty on […] Read more
Aussie Firm Plans 1 GW Offshore Wind Farm to Power Aluminium Smelter Updated On Wed, Dec 8th, 2021 by Saurenergy Alinta Energy, a green firm based in Australia, has announced the potential for a 1000 MW wind farm to be established around 10km off the coast of Portland, in southwestern Victoria, that could supply the Portland Aluminium Smelter and east coast electricity grid. The Spinifex Offshore Wind Farm would connect to the grid via the […] Read more
Green Hydrogen Powered India: From Vision to Reality Updated On Wed, Dec 8th, 2021 by Saurenergy Announcements of grand plans by Mukesh Ambani and Gautam Adani, and the partnership between L&T and ReNew have added serious ability behind the intent to produce green hydrogen in India The fact that India is not an energy self-reliant economy is well-known. Just a few weeks ahead of the Glasgow Summit, in August’21, Prime Minister […] Read more
Greenko, John Cockerill Partner on Green H2 Initiatives in India Updated On Wed, Dec 8th, 2021 by Saurenergy Greenko Group, a Hyderabad-based cleantech firm, and John Cockerill, manufacturer of alkaline electrolysers in Belgium, on Tuesday said they have signed an exclusive agreement to jointly develop market initiatives for green hydrogen electrolyzers in India. According to the joint press release, this partnership will facilitate the production of the lowest-cost green hydrogen by enabling delivery […] Read more
American Manganese Secures Patent in India for Li-ion Battery Recycling Updated On Wed, Dec 8th, 2021 by Saurenergy The Indian Patent Office has issued Patent No. 380826 for the American Manganese’s first patent invention regarding lithium-ion battery recycling, the company announced in a recent statement. The patent covers core process functions in the company’s RecycLiCo process that can achieve up to 100% leach extraction of lithium, cobalt, nickel, and manganese from the treatment of […] Read more
CellCube’s Flow Batteries Recieve Munich Re’s Bankable Insurance Updated On Tue, Dec 7th, 2021 by Saurenergy A contractual partnership with Munich Re (Muenchener Rueckversicherungs-Gesellschaft AG) equips Enerox GmbH (CellCube) with the option to offer their vanadium redox flow batteries (VRFBs) including a bankable insurance to guarantee for product and performance accuracy, CellCube announced in a recent statement. Under its trademark ‘CellCube’ the Austrian based Enerox GmbH develops, manufactures and distributes vanadium […] Read more