Reliance Announces Rs 5.955 lakh Crore Renewable Energy Plans For Gujarat Updated On Thu, Jan 13th, 2022 by Saurenergy Reliance Industries Limited (RIL), the $73.8 billion conglomerate with profits over $10.9 billion in 2021 has announced a massive plan to invest in its key manufacturing base and state, Gujarat. In a stock exchange filing today (Jan 13), the firm confirmed an MoU signed at the Vibrant Gujarat Summit 2022 with the Government of Gujarat, […] Read more
Scientists Design Lithium-air Batteries for Commercial Use in EVs, Drones Updated On Thu, Jan 13th, 2022 by Saurenergy The demand for the development of rechargeable batteries with high energy densities has been increasing in recent years. Although lithium-air batteries represent great potential theoretically to be employed in electric vehicles, drones and other storage applications that demand high energy, they haven’t yet demonstrated the requisite efficiency and cycle performance to be commercialised for practical use. […] Read more
GIP Invests $500 M in BrightNight’s Innovative RE Solutions Updated On Thu, Jan 13th, 2022 by Saurenergy Global Infrastructure Partners (GIP), together with its co-investors, announced that it has closed on a $500 million investment in renewable independent power producer (IPP) BrightNight. BrightNight aims to provide next generation power solutions by combining multiple renewable energy technologies and thereby enabling its customers to accomplish deeper decarbonization of their generation portfolio. The company’s development […] Read more
Green Tech Firm Hydrostor Bags $250 M Invt from Goldman Sachs Updated On Thu, Jan 13th, 2022 by Saurenergy Canadian long-duration energy storage solution provider Hydrostor has secured a financing commitment of US$250 million from Goldman Sachs Asset Management’s private equity and sustainable investing businesses, an official statement said. The investment proceeds will be used to support the development and construction of Hydrostor’s 1.1GW, 8.7GWh of Advanced Compressed Air Energy Storage (A-CAES) projects in […] Read more
U.S. to add 21.5GW Solar Capacity in 2022; Texas to Claim over 6GW: EIA Updated On Wed, Jan 12th, 2022 by Saurenergy The U.S. Energy Information Administration (EIA) predicts that in 2022, 46.1 GW of new utility-scale electric generating capacity to be added to the country’s power grid in 2022, almost half of which is planned to come from solar, followed by natural gas at 21% and wind at 17%. Developers and power plant owners report planned […] Read more
India Hydrogen Alliance Seeks Support in Union Budget 2022-23 Updated On Wed, Jan 12th, 2022 by Saurenergy Industry body India Hydrogen Alliance (IH2A) has made various submissions to the government seeking budgetary support for the development of a hydrogen economy in India. IH2A has made submissions to the government for budgetary support for creation of 10 National BharatH2 Clusters, a $1 billion Hydrogen Economy Development Fund (HEDF) and a Public-Private Hydrogen Taskforce, […] Read more
Mechanical Engineer, eMobility – All Levels Updated On Tue, Jan 11th, 2022 by Saurenergy The Mechanical Engineer will conceptualize, manage the design, development, testing, technical documentation, and launch of new products and extensions to existing product lines. Responsibilities:- Lead the mechanical design and development of electric vehicle powertrain components Participate in all phases of the hardware development lifecycle (Requirements, Design, Analysis, Prototype, Test, and Release) Apply the appropriate Eaton and Industry […] Read more
ICRA Predicts 16 GW Capacity Addition For RE In FY23 Updated On Tue, Jan 11th, 2022 by Saurenergy The outlook for the capacity addition in the renewable energy (RE) sector remains strong with a large project pipeline of over 55 GW and the highly competitive tariffs offered by these projects. The commitment to climate change goals announced by the Prime Minister at the recent COP26 summit, including increasing the non-fossil power capacity to […] Read more
iCreate Announces Winners of Maiden EV challenge ‘EVangelise’21’ Updated On Mon, Jan 10th, 2022 by Saurenergy Innovation-based start-up incubator iCreate (International Centre for Technology and Entrepreneurship) has announced the winners of its maiden EV innovation challenge — EVangelise’21 — which saw the participation of 388 start-ups and entrepreneurs from all over the country. Based on the technological excellence & feasibility, market relevance and real-world implementation of their innovation, the following companies won the […] Read more
