Enel Group Releases Financial Results; Q1 2021 Unprofitable Updated On Mon, May 10th, 2021 by Saurenergy Enel Group, Italian multinational manufacturer and distributor of electricity and gas, has released the financial results of the first quarter of 2021. The company reports an 8.8% increase in investments and confirmation of yearly targets, among other data, but the quarter has not proved profitable for it. Revenues earned in this quarter were 17,107 million euros, […] Read more
Battery Firm ESS to be Publicly Listed; Value Expected to Cross $1 Bn Updated On Mon, May 10th, 2021 by Saurenergy ESS Tech, a manufacturer of iron flow batteries has entered into an agreement that will result in it becoming a publicly listed company. ESS Tech, a manufacturer of long-duration iron flow batteries for commercial and utility-scale energy storage applications, and ACON S2 Acquisition, a publicly traded special purpose acquisition company, have announced they have entered […] Read more
Growatt’s ARK battery Wins TÜV Rheinland’s All Quality Matters Award Updated On Mon, May 10th, 2021 by Saurenergy Residential, commercial, and utility-scale PV inverter firm, that has also entered energy storage systems, Growatt announced that its ARK battery has won the All Quality Matters Award from TÜV Rheinland’s PVE Test Program at Solar Congress 2021. The Award acknowledges Growatt’s first-rate battery energy storage solution for residential use. Growatt’s ARK battery uses cobalt-free Lithium-iron-phosphate […] Read more
Liverpool Uni Researchers Develop Stable Electrolyte for Li-O2 Batteries Updated On Sat, May 8th, 2021 by Saurenergy Researchers at the University of Liverpool, in partnership with Johnson Matthey PLC and Loughborough University, are working on developing stable and practical electrolytes for lithium-oxygen (Li-O2) batteries (or lithium-air battery). They have advanced new theories on the subject, whose execution can create greater energy storage capacity than that offered by the conventional lithium-ion battery. In a […] Read more
Ruchira Green to Setup Rs 200 Cr Li-Ion Battery Plant Updated On Fri, May 7th, 2021 by Saurenergy A leading manufacturer of lithium batteries and allied products, Ruchira Green Earth has announced that it is looking to double its manufacturing capacity of Lithium-ion batteries by setting up a Li-ion batteries plant worth Rs 200 Crores. This will support the Aatmanirbhar Bharat Abhiyan and increase the domestic EV manufacturing opportunities in the country. As […] Read more
UK Charts Course for Net Zero North Sea: WoodMac Updated On Fri, May 7th, 2021 by Saurenergy Ambitious transition deal sets tough targets as UKCS players face tricky balancing act The UK government and the country’s oil and gas sector recently agreed a deal to leverage the upstream industry’s capabilities, accelerate the energy transition and help the North Sea reach net zero by 2050. A significant opportunity exists to create a supply […] Read more
IEX: 90% YoY growth in electricity market; 7707 MU trade in April 2021 Updated On Fri, May 7th, 2021 by Saurenergy Great news has come from the electricity market at the Indian Energy Exchange as it began the new fiscal year 2022 with 7707 MU volume in April 2021, achieving a 90.2 per cent year-on-year growth, much like its notable performance in the last fiscal year. Considering the power demand data published by the National Load Dispatch […] Read more
India, Israel, UAE Sign Maiden Trilateral Trade Agreement Updated On Fri, May 7th, 2021 by Saurenergy At a recent event organised by the International Federation of Indo-Israel Chambers of Commerce (IFIICC) to discuss the ongoing business collaborations being pursued through IFIICC’s leadership across sectors, India, Israel and the UAE signed their maiden trilateral agreement. The partnership has been initiated by IFIICC, as part of which an Israel-based company, Ecoppia, is producing an […] Read more
Pakistan Must Shift Focus from Coal to Renewable Energy: IEEFA Updated On Fri, May 7th, 2021 by Saurenergy There is no second life for coal Pakistan’s intention to use coal for power production through gasification and liquefaction technologies is likely to cause harmful economic impacts and a subsequent increased reliance on fossil fuels in Pakistan, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Pakistan’s intention to explore […] Read more
