Masdar to develop 4 GW green hydrogen plants in Egypt by 2030 Updated On Tue, Apr 26th, 2022 by Saurenergy UAE based renewable energy major Masdar and Hassan Allam Utilities, the investment and development arm of Hassan Allam Holding Group, have signed two MoUs with Egypt for the development of green hydrogen production plants in the Suez Canal Economic Zone and on the Mediterranean coast. The green fuel production projects will be inside Sokhna zone […] Read more
Sungrow 2021 Results Deliver Strong Growth, Claims 30% Market Share Updated On Mon, Apr 25th, 2022 by Saurenergy Leading Inverter and energy storage solution provider major Sungrow has released its annual report 2021, reporting a strong revenue increase and growth across both its renewable and storage businesses. Financials in 2021 The revenue increased by 25.15% to $3.74 billion (2020: $2.956 billion). The net income attributable to shareholders of a listed company came to […] Read more
Draft Battery Swapping Policy From Niti Aayog- Key Points Updated On Fri, Apr 22nd, 2022 by Saurenergy The much awaited Draft Battery Swapping Policy is finally out. Released by the Niti Aayog, the new policy is widely expected to give a push to the EV transition, by helping add incentives for manufacturers, lower costs for consumers, and setting standards for interoperable batteries. A battery swapping policy is seen by many experts as […] Read more
Green ammonia from green hydrogen can reduce India’s fertiliser subsidy burden Updated On Thu, Apr 21st, 2022 by Saurenergy A shift to green ammonia would significantly reduce the Indian government’s massive fertiliser subsidy burden and boost energy self-reliance by cutting dependence on imports of expensive liquified natural gas (LNG) for fertiliser manufacturing, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Of course, green ammonia itself would come […] Read more
Biliti Electric Plans World’s Largest Electric Three-Wheeler Mfg. Facility Telangana Updated On Wed, Apr 20th, 2022 by Saurenergy California, US-based Biliti Electric Inc (Biliti) has announced plans to setup the world’s ‘largest’ electric three-wheeler factory in Telangana, with a production capacity of 240,000 electric vehicles each year. The new plant is estimated to drive private investment of USD 150 million and expected to create over 3,000 jobs in the State aligning with the […] Read more
GRIDCO Will Buy 200MW Solar Power from NTPC Updated On Tue, Apr 19th, 2022 by Saurenergy Grid Corporation of Odisha (GRIDCO), a public sector undertaking of Odisha State Government has signed a Power Sale Agreement (PSA) with National Thermal Power Corporation (NTPC) in Bhubaneswar for the purchase of clean energy. The official statement of GRIDCO reads that under the Power Sale Agreement, GRIDCO will procure 200 MW of solar power at […] Read more
Solar project commissioned by Nestle, Yellow Door in Dubai Updated On Tue, Apr 19th, 2022 by Saurenergy Nestlé Pure Life and Yellow Door Energy have commissioned a solar power plant at Nestle’s facility in Dubai, United Arab Emirates (UAE). The project is designed to generate 2,400 megawatt-hours (MWh) of renewable energy. It is possibly part of the 7 MW capacity solar project announced by Nestle in 2017 at its manufacturing facilities in […] Read more
Century PlyBoard Goes with GoodWe For 2.8 MW Solar Project Updated On Wed, Apr 13th, 2022 by Saurenergy Century Plyboard Industries Limited, a leading plyboard manufacturer has gone with GoodWe’s HT-250KW inverters for its solar plant at the manufacturing site in Hoshiarpur, Punjab. The inverters will power a 2.8 MW capacity plant that will serve the needs of the factory. For Century, a manufacturer, seller and exporter of plywoods, laminates, doors, PVCs and […] Read more
CRISIL Says Electric Vehicles Present Rs 3 lakh crore Opportunity for India by 2026 Updated On Wed, Apr 13th, 2022 by Saurenergy Ratings and research company CRISIL has come out with an analysis that the electric vehicles (EVs) present an opportunity of about Rs 3 lakh crore for various stakeholders in India in the five years through fiscal 2026. CRISIL says that the original equipment manufacturers (OEMs) and component manufacturers will have potential revenue of about Rs […] Read more
