Panasonic to invest $4.9 bn in EV batteries, supply chain software Updated On Tue, Apr 5th, 2022 by Saurenergy Panasonic Corporation is joining the high-growth electric vehicles (EV) market, with plans to invest nearly $4.9 billion in automotive batteries, supply chain software and cyber physical systems, among others. The Japanese company said to achieve its future goals, the group is to invest 400 billion yen (nearly $3.26 billion) in “growth areas” and 200 billion […] Read more
IREDA sanctions highest-ever loan of Rs 24,000 cr in 2021-22 Updated On Tue, Apr 5th, 2022 by Saurenergy State-owned Indian Renewable Energy Development Agency (IREDA) has recorded its highest-ever loan sanction of Rs 2,3921.06 crore and disbursement of around Rs 16,070.82 crore in 2021-22. “Indian Renewable Energy Development Agency Ltd (IREDA), the largest dedicated lender of Renewable Energy in India ended FY2021-22 with its best-ever performance to date. IREDA has achieved the highest-ever […] Read more
Sulfur Batteries of Theion Offers 3X Energy Capacity, Affordability Updated On Tue, Apr 5th, 2022 by Saurenergy Berlin based battery start up Theion is coming up with its ‘Crystal Battery’ which – in comparison to lithium-ion batteries – increases the energy density of the cell by three times, requires 90 per cent less energy to produce them and costs far less. According to Theion, the Crystal Batteries employ lithium-sulphur cathode technology and […] Read more
CERC Adopts Tariff for SECI’s Manufacturing Linked Solar Tenders Updated On Mon, Apr 4th, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) has accepted Solar Energy Corporation of India Limited’s (SECI) request for the adoption of tariff for 8800 MW of solar power plants connected to inter-state transmission system (ISTS) linked with setting-up of solar manufacturing plant, selected through competitive bidding process as per the official guidelines issued by Ministry of […] Read more
Thailand Counts on Crypto To Power One Million Farmlands With Solar Updated On Mon, Apr 4th, 2022 by Saurenergy The Ministry of Agriculture and Cooperative of Thailand has announced plans to install solar power panels on at least one million of farms as a pilot project. With this move, the Ministry is targeting to reduce electricity bills of farmers by 20-30 per cent in next 15-20 years. Deputy Agriculture Minister Praphat Phothasuthon says that […] Read more
World’s largest hydrogen taxi fleet to be powered by Cummins electrolyser Updated On Mon, Apr 4th, 2022 by Saurenergy Cummins Inc., through its affiliate Hydrogenics Europe N.V., has signed a contract to supply a 2.5-megawatt (MW) electrolyser to Hysetco, a hydrogen mobility company owned by Total Energies, Air Liquide, Toyota, Kouros and others. The electrolyser will enable local hydrogen production in Paris, France, to power Hysetco’s ambitious project, which aspires to develop and operate […] Read more
Tata Power Commissions 300 MW Solar plant in Dholera Updated On Mon, Apr 4th, 2022 by Saurenergy Tata Power Renewables Energy Ltd (TPREL), a wholly-owned subsidiary of Tata Power has commissioned a 300 MW project in Dholera, Gujarat. It is India’s largest single-axis solar tracker system. The project will generate 774 MUs annually. The installation entails 873012 nos. of Monocrystalline PV Modules. The project was commissioned well within the stipulated timeline, according […] Read more
India powered by 1,742 public EV charging stations Updated On Mon, Apr 4th, 2022 by Saurenergy The number of electric vehicles (EV) on roads in India has reached over ten lakh with around 1,700 charging stations operational in public places across the country, Union Minister Nitin Gadkari informed Lok Sabha recently. As per Vahan 4 data, as of March 25 this year, a total of 10,76,420 EVs and a total of […] Read more
Indian Oil, L&T, ReNew Power in JV For Green Hydrogen Updated On Mon, Apr 4th, 2022 by Saurenergy In a bid to enable India’s decarbonization push, Indian Oil Corporation Ltd., (IndianOil), the country’s top refiner and fuel retailer, Larsen & Toubro (L&T), India’s premier engineering & construction conglomerate, and ReNew Power (“ReNew”), India’s leading renewable energy company, announced signing of binding term sheet for the formation of a Joint Venture (JV) company to develop the nascent green hydrogen […] Read more