Honda’s New Indian Subsidiary to Offer Battery Sharing Service Updated On Fri, Dec 3rd, 2021 by Saurenergy Japanese automaker Honda Motor Company Ltd. has established a new subsidiary for battery sharing service in India, the company announced in a recent statement. The newly launched company is known as Honda Power Pack Energy India Private Limited. The company will offer battery sharing service for small mobility, which is expected to accelerate the penetration […] Read more
ONGC, SECI to Jointly Develop Renewable Projects Updated On Fri, Dec 3rd, 2021 by Saurenergy To realize its green energy objectives, Oil and Natural Gas Corporation Ltd (ONGC) has signed a Memorandum of Understanding (MoU) with Solar Energy Corporation of India (SECI), an official statement said. The MoU provides a broad, overarching framework for the two national energy companies to collaborate on renewable energy projects including solar, wind, solar parks, […] Read more
French Firm Newheat Raises €7 M for Renewable Heat Development Updated On Fri, Dec 3rd, 2021 by Saurenergy French renewable heat supplier Newheat has announced the completion of a €7 million fundraising to support its development of renewable heat in France and internationally. Under this fundraising, Bpifrance bank is investing via its FIEE fund dedicated to energy and environment, alongside Newheat’s main original shareholders Noria and Etchart. Newheat offers decarbonization solutions for large […] Read more
Removing All Subsidies on Solar Will Have Zero Impact On Demand Updated On Thu, Dec 2nd, 2021 by Saurenergy After years in the solar EPC and distribution business, Deepak Pandey of GPES has made his next big move. As Director of UK-based INVERGY, Mr. Pandey has set his sight on the emerging market for storage and linked solutions, which hold great promise in his view. We caught up with him to understand more about […] Read more
Energy Dome Raises $11 M to Build Cost-cutting CO2 Battery Updated On Thu, Dec 2nd, 2021 by Saurenergy Energy Dome, an Italian energy storage technology company founded in 2019, has announced the close of its $11M Series A fundraise. The company will use the proceeds to complete the construction of its CO2 battery demonstration project in Sardinia, Italy, a product that is said to store energy at about half of the cost of […] Read more
Australian JV to Build Country’s Largest Privately Funded Battery Updated On Thu, Dec 2nd, 2021 by Saurenergy Engie, Macquarie’s Green Investment Group (GIG), and Fluence have partnered to deliver Australia’s largest privately-funded and owned utility-scale battery. The project will connect to existing network infrastructure to support the transition to renewable energy at the site of the former Hazelwood Power Station in the Latrobe Valley. Providing 150 MW/150 MWh of flexible energy, the […] Read more
Amazon Adds 18 New RE Projects in Europe & US; Funds 274 Globally Updated On Thu, Dec 2nd, 2021 by Saurenergy E-commerce giant Amazon has announced 18 new utility-scale wind and solar energy projects across the U.S., Finland, Germany, Italy, Spain, and the U.K., totalling 5.6 gigawatts (GW) of procured capacity to date in 2021. Amazon now has 274 renewable energy projects globally and aims to power 100% of its business operations with renewable energy by […] Read more
Eaton Rolls Out Its SF6 Free Technology Offering For More Users Updated On Wed, Dec 1st, 2021 by Saurenergy For global power management player Eaton, India is an important growth region in Asia Pacific. India not only offers a huge market opportunity, but it also serves as a strategic location to enhance Eaton’s global competitiveness. Eaton, headquartered in Pune, provides sustainable electrical, hydraulic, mechanical, e-mobility and vehicle electrical components products and solutions. They also […] Read more
Goa Govt Approves E-mobility Policy, Targets 30% EV Adoption by 2025 Updated On Wed, Dec 1st, 2021 by Saurenergy With the objective of boosting adoption of electric vehicles (EV) to at least 30% by 2025, the state government has approved the Goa Electric Mobility Promotion Policy (GEMPP) 2021. The policy aims to create 10,000 direct and indirect jobs in the sector by 2025. With the focus on establishing Goa as a model of international […] Read more
