Energy Vault, Two Others Construct Gravity-Based Energy Storage in China Updated On Fri, May 6th, 2022 by Saurenergy Energy Vault Holdings announced the groundbreaking for the first EVx deployment for gravity based energy storage system in China. The 100 MWh EVx system is being built adjacent to a wind farm and national grid site in Rudong located outside of Shanghai to augment and balance China’s national energy grid through the delivery of renewable […] Read more
Pumped hydro resurfaces when sun doesn’t shine and wind doesn’t blow Updated On Fri, May 6th, 2022 by Saurenergy When the sun doesn’t shine and the wind doesn’t blow, grid-scale energy storage will be a big challenge as climate neutrality increasingly presses for a massive scale-up. Pumped hydro is back and can catapult India into the big league to make up for the lost opportunities. Not just that, as we are seeing during the […] Read more
Crypto mining employing solar energy legalized in Uzbekistan Updated On Thu, May 5th, 2022 by Saurenergy A presidential decree published this week ben in Uzbekistan says that the companies in the country will be allowed to mine cryptocurrencies by employing solar power. The decree makes it clear that these solar powered crypto operations by both domestic and foreign companies will be exempt from the income tax. The objective behind this presidential […] Read more
Denmark to build energy islands for greater supply of renewable energy Updated On Thu, May 5th, 2022 by Saurenergy Denmark is mulling to build two energy islands that can supply renewable energy produced offshore sources to the domestic market of Denmark and other countries of Europe. Minister of Climate, Energy, and Utilities of Denmark, Dan Jorgensen has recently said that Denmark and the rest of Europe must get rid of Russian fossil and for […] Read more
Aerones Raises $9 Million to Inspect Wind Turbines With Robots Updated On Tue, May 3rd, 2022 by Saurenergy Robot company Aerones – that manufactures robots to serve wind turbines – has announced an important milestone in its history whereby it has raised $9 million in seed funding to further accelerate global scaling of robotic wind turbine maintenance and inspection. The official statement has informed that the round was led by Future Positive Capital, […] Read more
After Solar, Volatility Impacts Wind Manufacturers, Projects Affected in India Too Updated On Mon, May 2nd, 2022 by Saurenergy Rising demand and orders have failed to convert to profits for many wind energy manufacturing firms. Wind power heavyweights Vestas Wind Systems A/S, General Electric Co. and Siemens Gamesa Renewable Energy SA are all reeling from high raw material and logistics costs, changes in key clean-power subsidies, years of pressure on turbine prices and an […] Read more
Shell Signs Agreement To Acquire Sprng Energy Group For $1.55 Billion Updated On Fri, Apr 29th, 2022 by Saurenergy Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), today signed an agreement with Actis Solenergi Limited (Actis) to acquire 100% of Solenergi Power Private Limited for $1.55 billion and with it, the Sprng Energy group of companies. Sprng Energy supplies solar and wind power to electricity distribution companies in India. Its […] Read more
New York State Passes Law that Bans Crypto Mining Based On Non Renewable Energy Updated On Fri, Apr 29th, 2022 by Saurenergy The New York State Assembly has passed a legislation that outlaws crypto currency mining that employs non-renewable energy sources. Democrat Anna Kelles sponsored the assembly bill A7389C. An assembly committee had voted on Monday to advance the bill to a full vote of the state assembly. The new law will impose a two-year moratorium on […] Read more
Azure Power to Develop 1700 MW renewable energy projects in Karnataka Updated On Fri, Apr 29th, 2022 by Saurenergy Azure Power has announced that it has signed an Expression of Interest (EoI) with Government of Karnataka to develop solar, wind, and hybrid renewable energy projects that will total to 1700 MW capacity. Azure said that the total investment commitment is Rs 13,300 crore. Azure Power is one of the leading independent sustainable energy solutions […] Read more
