Pan IIT Alumni Network Organises EV Conclave to Reflect on E-Mobility Ecosystem Updated On Fri, Dec 9th, 2022 by Saurenergy To address the demand, difficulties, and opportunities in the engineering, production, and adoption of EVs, Pan IIT Alumni and Alumni Associations of IIT (BHU) Varanasi bodies organised “The Future Series, the EV Ecosystem Conclave” in Delhi. At the event, academics, policymakers, and experts from across the entire e-mobility ecosystem came together to discuss the importance […] Read more
Energy Solns Provider Invenergy Secures Offshore Wind Lease Off California Coast Updated On Fri, Dec 9th, 2022 by Saurenergy Invenergy California Offshore has announced that it has been named provisional winner for 80,418 acres of seabed for offshore wind development by the U.S. Bureau of Ocean Energy Management (BOEM). Invenergy California Offshore is a subsidiary of Invenergy, that claims to be a leading developer, owner, and operator of sustainable energy solutions. Invenergy held that […] Read more
EDF Renewables, Wärtsilä to Develop 50 MW/100 MWh Energy Storage in UK Updated On Fri, Dec 9th, 2022 by Saurenergy Finnish company which manufactures and services power sources Wärtsilä has announced that it has signed a contract with EDF Renewables UK and Ireland to deliver a new grid-scale energy storage facility in the United Kingdom. The storage system will be delivered in Sundon, Bedfordshire. The official statement of Wärtsilä held that the 50 MW/100 MWh […] Read more
Partners Group To Acquire RE Platform Sunsure Energy For $400 Million Updated On Thu, Dec 8th, 2022 by Saurenergy Global private markets firm Partners Group has agreed to acquire a majority stake in Sunsure Energy, a renewable energy and decarbonization solutions platform in India, on behalf of its clients. The official statement of Partners Group held that the company will invest up to $400 million in the Sunsure Energy. Sunsure was founded in 2015 […] Read more
Djibouti Inks Pact For 10-GW Renewables & Green Hydrogen Project Updated On Thu, Dec 8th, 2022 by Saurenergy A Memorandum of Understanding (MoU) has been signed between renewable energy developer CWP Global and the government of Djibouti for the development of a 10-GW renewable energy and green hydrogen project in Djibouti. Djibouti presently has a mere 62% of its population that has access to electricity. CWP Global held that the RE project is […] Read more
Battery Swap Service At Bangalore Metro Rail Stations Updated On Thu, Dec 8th, 2022 by Saurenergy Japan-based carmaker Honda Motor’s subsidiary for battery swap services, Honda Power Pack Energy India Private Limited (HEID), and Bangalore Metro Rail Corporation Limited (BMRCL), a partnership between the governments of India and Karnataka, announced the launch of Honda e-swap services recently. HEID will run these services at the BMRCL Metro stations. The battery exchange service […] Read more
Plans To Prepare Grid For 500 GW Of Renewables Announced For India Updated On Wed, Dec 7th, 2022 by Saurenergy India continues to put the building blocks in place for meeting its ambitious climate goals, of which one of the biggest ones, 500 GW of renewable power capacity by 2030 is well and truly on its way. Matching intent with ability is the latest plan titled “Transmission System for Integration of over 500 GW RE […] Read more
Follow the Money, As Funding Shifts Completely to Renewables Over Coal in 2021 Updated On Wed, Dec 7th, 2022 by Saurenergy A study titled “Financiers Prefer Wind And Solar Over Coal” has been released by CFA (Center For Financial Accountability). According to the Coal vs. Renewables Financial Analysis 2022, L&T Finance overtook SBI as the largest financier of renewable energy project financing in 2021. The annual energy finance conference co-hosted by CFA and IIT Madras saw […] Read more
ReNew Power Partners With Jindal Stainless for 300MW Hybrid Project Updated On Wed, Dec 7th, 2022 by Saurenergy ReNew Power, the largest renewable energy provider in the nation, and Jindal Stainless recently entered into a deal to establish a utility-scale captive renewable energy project for the delivery of electricity to their factory in Jajpur, Odisha. By combining solar and wind energy, the project will produce 700 million units annually. With a high capacity […] Read more