EDP to Invest in 1.5 GW of Green Hydrogen by 2030 Updated On Wed, Nov 10th, 2021 by Saurenergy Portugal’s largest utility EDP said on Tuesday it was increasing its bet on green hydrogen and aimed to reach 1.5 gigawatts (GW) of installed capacity by 2030, capitalising on its presence in key markets such as Iberia, the United States and Brazil. The announcement, made during the COP26 climate conference in Glasgow, came after EDP […] Read more
Decoding The Reliance Gambit In Renewable Energy Updated On Tue, Nov 9th, 2021 by Saurenergy It All Started in 2017 It was on the firm’s 40th anniversary celebrations in 2017 that Mukesh Ambani, Chairman, Reliance Industries first asked the rhetorical question, “Can Reliance become a clean energy company?”. “Why Not?”, he answered it himself at the time, without getting into any further details. Almost three years later, at the firm’s […] Read more
Vector Green and Evergreen Power In MoU For Wind Power Projects Updated On Tue, Nov 9th, 2021 by Saurenergy Vector Green Energy Pvt Ltd (Vector Green) and Evergreen Power Mauritius Pvt Ltd (Evergreen Power) have entered into a MoU to develop around 300 MW of wind power projects in India through greenfield development. Vector Green is a renewables focused Independent Power Producer (IPP), wholly owned by funds managed by Global Infrastructure Partners India LLP. […] Read more
Andhra Energy Minister Iterates Plans To Purchase of 7000 MW of Solar Power Through SECI Updated On Mon, Nov 8th, 2021 by Saurenergy Andhra Pradesh energy Balineni Srinivasa Reddy has repeated his government’s plans to procure 7000 mega watts (MW) of solar power from the Solar Energy Corporation of India (SECI) to ensure free power to 18 lakh farmers for nine hours until 2046. That would seem to imply supplies starting this year for the next 25 years. […] Read more
Hydrofuel Gets Hydrogen Ammonia Fuel And Energy Station Tech With Kontak Acquisition Updated On Mon, Nov 8th, 2021 by Saurenergy Hydrofuel Canada Inc. (Hydrofuel) has announced an agreement to acquire one hundred percent of Issaquah, WA, USA based Kontak Hydrogen Storage, LLC (Kontak) in an all stock transaction. Kontak’s technology can efficiently release hydrogen from a dozen potential carrier molecules identified so far. Of the carriers, the highest storage capacity is anhydrous ammonia, with (17.3% hydrogen […] Read more
Environmentalists Dispute ‘Green’ Status of Hybrid Cars Updated On Fri, Nov 5th, 2021 by Saurenergy Hybrid cars are increasingly becoming popular in the European Union as environmentally conscious drivers are moving away from conventional vehicles. However, environmentalists suggest that the hybrid vehicles might not be as green as they seem to be. The sales of these vehicles that come with a combustion engine and a small electric motor that allows […] Read more
Green Market Achieves 372.4 MU In Oct Volumes on IEX, As Power Trading Grows 36% YOY Updated On Wed, Nov 3rd, 2021 by Saurenergy In October’21 the electricity market at the Indian Energy Exchange traded 9165 MU volume with 8792 MU in power market and 373 MU in green market, achieving 36% YoY growth, according to a release from IEX. (Indian Energy Exchange). After the mini-power crisis of September, the month also saw a temperance in trading prices, for […] Read more
Solar Firm Greenshift Offers Carbon Finance Option With EV Stations Updated On Mon, Nov 1st, 2021 by Saurenergy Mumbai-based GreenShift Initiatives Private Limited (GIPL) which claims to offer a unique solar-as-a-service (SaaS) model involving zero-investment on rooftop solar installation, and fast electric vehicle (EV) charging infrastructure has come out with an offer to monetize carbon emission achievement. The company has rolled out carbon credits — a ‘carbon finance’ option to its customers to […] Read more
JCB, Iron Ore Major In Major Green Hydrogen Deal for the UK Market Updated On Mon, Nov 1st, 2021 by Saurenergy A day ahead of the COP26 summit starting in Glasgow, Scotland, two billionaires who made their money in the old economy of iron ore mining and construction equipment have joined to announce a massive green hydrogen initiative in the UK. Involving Andrew Forrest of Fortescue Future Industries (FFI) which is a major Iron Ore exporter […] Read more
