Quinbrook Fund Gets $600 Million Investment For 2.65 GW US Solar + Storage Projects Updated On Mon, Apr 8th, 2024 by Saurenergy Quinbrook Infrastructure Partners, a global investment manager focused exclusively on the infrastructure needed for the energy transition has announced the successful closing of Quinbrook Valley of Fire Fund with $600 million in capital commitments from leading US and European institutional investors. The Fund is a continuation of the large-scale solar+storage strategy of Quinbrook’s Low Carbon […] Read more
China Leads The Way In Cleantech Industry, Overtakes US: RMI Study Updated On Thu, Apr 4th, 2024 by Saurenergy A recent report by RMI described the goals of countries regarding cleantech in its study “race to the top” dealing with the transition from fossil energy to clean energy. It compares the progress made by the three regions that dominate the deployment of renewable energy technologies — China, Europe, and the United States. The RMI […] Read more
Airtouch Solar Bags Third Order In 9 Months For Cleaning Robots From AGEL Updated On Thu, Apr 4th, 2024 by Saurenergy Israeli robotic cleaning firm Airtouch Solar, a leading developer of robotic solutions for the solar energy market has announced the signing of an agreement of approx. 6.0 million USD with Adani Green Energy Limited (AGEL), India’s largest renewable energy company . Airtouch will supply and install water-free robotic cleaning systems for solar plants in Rajasthan, […] Read more
PepsiCo’s Upcoming Facility In Ujjain To Run Entirely On Clean Energy Updated On Wed, Apr 3rd, 2024 by Saurenergy Beverage manufacturer PepsiCo India will establish a manufacturing facility in Ujjain, Madhya Pradesh which will entirely run on renewable energy sources. The company further claims that this will lead to a reduction in carbon footprint by an impressive 1.9 metric tons per day. Spread over 22 acres, this plant will help PepsiCo’s beverage production in […] Read more
IOCL, Panasonic Energy Form JV For EV Batteries Updated On Mon, Apr 1st, 2024 by Saurenergy Indian Oil Corporation Limited and Panasonic Energy, a Panasonic Group Company, have signed a binding term sheet to draw a framework for the formation of a JV for manufacturing cylindrical lithium-ion cells in India in anticipation of expanding demand for batteries for two and three-wheel vehicles and energy storage systems in the Indian market, the […] Read more
US Announces $6 Billion To Clean Heavy Industry Sector Updated On Tue, Mar 26th, 2024 by Saurenergy The US Department of Energy (DOE) has announced up to $6 billion for 33 projects across more than 20 states to decarbonize energy-intensive industries, reduce industrial greenhouse gas emissions, support good-paying union jobs, revitalize industrial communities, and strengthen the nation’s manufacturing competitiveness. Funded by the President’s Bipartisan Infrastructure Law and Inflation Reduction Act, the projects […] Read more
IKEA Investment Arm Secures Norwegian Offshore Wind Project Updated On Thu, Mar 21st, 2024 by Saurenergy Ventyr, a consortium consisting of Parkwind and Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, has announced its success in the Norwegian auction for the development of the Sørlige Nordsjø II phase 1 offshore project area in the Southern Norwegian North Sea. According to a media statement by Parkwind, part of […] Read more
GoodEnough Energy To Setup 7GWh BESS Gigafactory In J&K Updated On Wed, Mar 20th, 2024 by Saurenergy GoodEnough Energy has announced to start of its Battery Energy Storage Systems (BESS) gigafactory for grid stability with an initial capacity of 7GWh in Jammu and Kashmir (J&K). The Battery Energy Storage Systems (BESS) manufacturer factory is estimated to have 20 GWH capacity by 2026 in its goal to create a fully integrated ecosystem. The […] Read more
India’s Subsidies For Fossil Fuels 5 Times Higher Than For Clean Energy: IISD Updated On Wed, Mar 13th, 2024 by Saurenergy The 2022 global energy crisis and India’s growing energy demand have led the country to adopt a hybrid approach, expanding all forms of supply in 2023. This approach has pushed India’s total energy subsidies to a 9-year high of INR 3.2 lakh crore (USD 39.3 billion) for the fiscal year ending 2023 (FY 2023), new […] Read more
