e-Zinc Secures USD $31M in Series A2 Funding to Advance Commercialization Updated On Fri, Jun 28th, 2024 by Saurenergy e-Zinc, the Toronto-based company enabling sustainable, long-duration energy storage with its zinc-air battery, has announced it has raised an additional USD $31 million in follow-on funding to its $25 million Series A round. This oversubscribed Series A2 round was led by Evok Innovations, with additional investments from Mitsubishi Heavy Industries, Export Development Canada (EDC), and Ultratech Capital Partners. e-Zinc’s […] Read more
Moody’s Report Calls For Sustainable Financing To Shift Towards RE In India Updated On Thu, Jun 27th, 2024 by Saurenergy Moody, a financial service company, in its recent report, found a growing challenge faced by the renewable energy sector due to water scarcity in India. The report advocated for a shift towards renewable energy investments to mitigate these risks. Moody’s report cautions against a decrease in the per capita water due to its increased usage […] Read more
Data Centers, EV To Raise US Power Demand To 300 TWh: Report Updated On Wed, Jun 26th, 2024 by Saurenergy Rystad Energy in its recent research report found that the total US electricity demand has remained relatively stable at around 4,000 terawatt-hours (TWh) since 2010. But as electrification accelerates, that’s about to change as the report accredits this growth to the build-out of data centers which can support more widespread adoption of electric vehicles (EVs). […] Read more
Renewables Can Cut 17% of India’s Heavy Industry Emissions: Ember Updated On Wed, Jun 26th, 2024 by Saurenergy A new report from the energy think tank Ember highlights the crucial role of renewables-based electrification in avoiding 17% of the anticipated carbon emissions from India’s heavy industry by 2030. This report indicates possible near and long term strategies to smash emissions as India negotiates with the EU bloc on mechanisms to comply with the […] Read more
Green Stocks June 25: Shakti Pumps Pauses For Breath On a Slow Day For Green Stocks Updated On Tue, Jun 25th, 2024 by Saurenergy On a day when the Nifty rose 0.6%, our green basket of stocks endured a lacklustre day. While Shakti Pumps finally paused for breath after the sharp run up of the past week, Borosil Renewables gained 2.61%. Waaree Renewable Technologies, another stock that was flying high not too long back till it slowed down in […] Read more
JSW Steel USA Plans To Invests 110 Mn To Upgrade Offshore Wind Projects Updated On Tue, Jun 25th, 2024 by Saurenergy JSW Steel USA, a subsidiary of JSW Steel Ltd., plans to invest US $110 million in steel plate mill modernization projects with sustainable technology and equipment. The company plans to invest in its manufacturing facilities in Baytown, Texas. These investments are expected to enable the production of high-quality monopile steel plates to support the US […] Read more
Blockbuster Listing For GP Eco Solutions, EPCs Dragged Down By High Valuations Updated On Mon, Jun 24th, 2024 by Saurenergy On a day when a new green energy listing, GP Eco Solutions listed at a 318% to its issue price, the broader basket of green energy stocks could not quite replicate the same performance. While Shakti Pump continued its incredible run with another lock at the upper circuit (5%), Borosil Renewables rose 3.83% and Suzlon […] Read more
L&T Wins 185MW Solar Plus 254 MWh Storage Project In Bihar Updated On Mon, Jun 24th, 2024 by Saurenergy The Power Transmission & Distribution (PT&D) vertical of Larsen & Toubro’s (L&T) recently won an order to build a grid-connected 185MW Solar PV plant. The order entails solar power plants with a 254 MWh Battery Energy Storage System (BESS) having multitudes of MWh capacity in Kajra in Lakshisarai district in Bihar. This is expected to […] Read more
Lead- Warehouse Operations and Materials Updated On Fri, Jun 21st, 2024 by Saurenergy Develops a globally aligned warehouse strategy for the site to drive a lean, efficient warehouse covering BOM, Spares, Consumables and Finished Goods. This includes driving an efficient and effective distributions of parts mentioned above between sites, which is cost effective. Responsible for the overall performance of the warehouse and inventory control functions; includes FG shipments, […] Read more