Karnataka Signs MoUs With Petronas Hydrogen and Continental Automotive Components For Investment Worth Rs 32,000 Cr Updated On Wed, Jul 6th, 2022 by Saurenergy The Karnataka Government has signed two separate Memorandums of Understanding with Malaysia-based Petronas Hydrogen and Continental Automotive Components. This will usher an investment in the state to the tune of Rs 32,000 crore. The MoUs were signed by Dr. EV Ramana Reddy, Additional Chief Secretary in the Department of Industries and Commerce. Chief Minister Basavaraj […] Read more
Siemens Gamesa Turbines For Giant Gennaker Offshore Wind Project In Germany Updated On Wed, Jul 6th, 2022 by Saurenergy Siemens Gamesa has announced signing of a Master Supply Agreement for the 927-MW Gennaker offshore wind power plant with German conglomerate wpd AG. Located 15 km off the German coast, the project is intended to feature 103 Siemens Gamesa Direct Drive offshore wind turbines each with a 167-meter rotor. The official statement says that with […] Read more
The Long Road For Electric Trucks In India Updated On Wed, Jul 6th, 2022 by Saurenergy The transportation sector is responsible for nearly 14% of India’s total GHG emissions. It is also the fastest-growing greenhouse gas emissions sector in India. Road transport, in particular, accounts for over 90% of transport emissions in the country. Therefore, to achieve the net-zero goals, India has to decarbonise road transport. Electrification of road transport will […] Read more
IEX Power Trading Update for June 2022 Updated On Tue, Jul 5th, 2022 by Saurenergy The Indian Energy Exchange achieved 8267 MU volume in June ’22 comprising 7058 MU in the conventional power market, 536 MU in the Green Power Market, and 673 MU (6.73 lac Certificates) in the REC Market, registering 17% YoY volume growth across all market segments. Owing to improved supply-side availability, the prices at the day […] Read more
Somabay Resort And TAQA Arabia Establish PV Solar Plant Updated On Tue, Jul 5th, 2022 by Saurenergy Cairo, Egypt witnessed the celebration of the launch of a 5MW PV solar plant in Somabay Resort owned by TAQA Arabia, which is the full-service energy and utility provider in Egypt. The station was inaugurated in the presence of Osama Saleh, Chairman of the Board of Directors of Abu Soma Tourism Development Company, Ibrahim El-Missiri, […] Read more
EVIFY Raises Rs. 80 Lakh From Angel Investors to Accelerate Its EV Operations Updated On Mon, Jul 4th, 2022 by Saurenergy EVIFY, Surat-based EV logistics startup, has acquired Rs. 80 lakh in a seed round from angel investors including We Founder Circle. This investment round’s funds will primarily be used for the company’s operational expansion, team building, and technology development. The startup has set its sights on reaching every corner of the country with green logistics […] Read more
Log9 Materials Showcases It’s Full EV Range At Expo Updated On Mon, Jul 4th, 2022 by Saurenergy Bengaluru-based Electric vehicle startup Log9 Materials, with its indigenously-developed innovations/technology-based solutions for the EV, energy storage, and other allied domains (Last-Mile Delivery) is in hyper active mode. From multiple partnerships, to participating in industry expos, to even investments in other startups, the firm and its founders have been very busy lately. At a recent green […] Read more
New Hydrogen Powered Bus By Oil India Limited Updated On Mon, Jul 4th, 2022 by Saurenergy State owned energy player, Oil India Limited (OIL) has announced that it has completed beta demonstration of its hydrogen powered bus developed by Ohm Cleantech. The innovation took place under ‘Startup Nurturing, Enabling and Handholding (SNEH)’ programme of OIL in Pune. It’s a 9-meter bus empowered by a 60kW PEM Fuel Cell engine for electric […] Read more
“Corporates Will Be key To Meeting India’s 450 GW Renewables Aspiration” Updated On Fri, Jul 1st, 2022 by Saurenergy Srinivasan Viswanathan, CEO of Vibrant Energy is looking ahead to a great run for the firm, as the market continues to open up and throw up new opportunities. Backed by Macquarie capital’s Blueleaf Energy which owns a majority stake in the firm, Vibrant is focused on the corporate market for renewables, with a stress on […] Read more
