Iron-Air Battery Maker Form Energy Secures $450 million for Energy Storage Technology Updated On Thu, Oct 6th, 2022 by Saurenergy In a fresh announcement, iron-air battery maker Form Energy, based in Massachusetts, United States has said that it has secured a $450 million Series E financing led by American investment firm TPG Rise. TPG Rise is making the investment through TPG Rise Climate, its dedicated climate investing strategy, and The Rise Fund, its longstanding, multi-sector […] Read more
EV Industry On The Road To Goal 2030 Updated On Thu, Oct 6th, 2022 by Saurenergy Dr Irfan Khan, Founder & CEO, eBikeGo The Government wants India to be a 100% electric vehicle nation by the year 2030. Under the new government plan, every car that is sold in India from 2030 will be electric. Due to the competitive environment in the market, India’s auto industry has become one of […] Read more
CERC Retains Price Caps On Energy Trading Updated On Thu, Oct 6th, 2022 by Saurenergy The CERC (Central Electricity Regulatory Commission), which regulates the power exchanges across the country among its other responsibilities, in an order on September 29, has extended the price caps it had placed on power trading by a further 3 months. The cap of Rs 12 per unit, that was first imposed when shortages drove up […] Read more
DIF Announces Investment In Qair – 1GW Global Renewables Platform Updated On Thu, Oct 6th, 2022 by Saurenergy DIF Capital Partners (DIF) has announced that it will be investing in Qair through its Infrastructure VII fund. Qair is a French renewable energy platform. The objective of the investment is to step-up the growth and portfolio build out. Last week, DIF had also announced an investment into 5 renewable projects in Australia and Europe. […] Read more
Waaree Energies Raises INR 1000 Cr Through Private Funding, Drops IPO Plans Updated On Thu, Oct 6th, 2022 by Saurenergy Waaree Energies Limited, India’s leading solar panel manufacturer, has raised around Rs 1000 crore from various investors through private funding. The promoters also participated in this equity raise at the same valuation. The proceeds will be used for expansion plans of the firm to augment its manufacturing capabilities in India from 2 GW to 9 […] Read more
Coping With Volatility- The New Reality Of EPC Contracts Updated On Thu, Oct 6th, 2022 by Saurenergy Engineering, procurement and construction (EPC) firms are operating in an environment of uncertain, complex and ambiguous conditions. They are hit hard by rising commodity prices and cost escalation, exacerbating pressure on margins. The need of the hour is to work transparently and find collaborative solutions to arrive at win-win solutions to manage volatility. Total installed […] Read more
European PPA Prices Double Y-o-Y Since Energy Crisis: Pexapark Updated On Thu, Oct 6th, 2022 by Saurenergy Swiss firm Pexapark, which provides software and advisory services for post-subsidy renewable energy sales and risk management, has released a report entitled “Reflections on an ‘uprecedented’ year”. The study offers a comprehensive view on how the global energy crisis, that has led to an unprecedented period of market turmoil, has affected renewable energy trading and […] Read more
Tree Energy Solutions, Fortescue Future Industries Team Up for World’s Largest Green Hydrogen Project Updated On Thu, Oct 6th, 2022 by Saurenergy Fortescue Future Industries (FFI) and Tree Energy Solutions (TES) have agreed to develop the world’s largest green hydrogen integrated project to help Europe mitigate its current energy and climate crisis in order to bring green molecules to Europe. Green hydrogen is a zero-carbon fuel, that when used produces nothing but primarily water. It is a practical […] Read more
European Commission Funds €134 Million to Germany’s BASF for Renewable Hydrogen Updated On Thu, Oct 6th, 2022 by Saurenergy The European Commission has announced the approval of a €134 million to support Germany’s BASF SE for the production of renewable hydrogen, with the aim of decarbonising its chemical production processes and of promoting hydrogen use in the transport sector. EC said that the measure contributes to the achievement of the EU Hydrogen Strategy and […] Read more
