Japanese Firm to Build World’s 1st Power Transfer Vessel Updated On Fri, Aug 27th, 2021 by Saurenergy PowerX, a Japanese company, plans to innovate power storage and transmission by developing an automated Power Transfer Vessel to carry electricity from offshore wind farms to shore. The very first model of such vessels is “Power ARK 100” – a 100TEU trimaran specially designed for transferring renewable energy in Japan’s coastal waters. The company also […] Read more
India’s Emissions Have Dropped by 28% from 2005 Levels: R K Singh Updated On Thu, Aug 26th, 2021 by Saurenergy India has already achieved emission reduction of 28% over 2005 levels, against the target of 35% by 2030 committed in its NDC (Nationally determined contributions), which makes India one of the few countries globally that have kept to their Paris Climate Change (COP21) commitments along with an exponential increase in renewable energy capacity, said Union […] Read more
Storage Integrator FlexGen Bags $150 M Investment from Apollo Funds Updated On Thu, Aug 26th, 2021 by Saurenergy Apollo Global Management, an alternative asset management group, has announced a $150 million equity commitment to FlexGen Power Systems, a leading integration services and software technology provider for energy storage solutions in the US and globally. Apollo’s investment will be made in partnership with FlexGen’s existing investors, Altira Group and the founding investment group led […] Read more
ReNew Power Merges with RMG II, Lists on Nasdaq via SPAC Updated On Wed, Aug 25th, 2021 by Saurenergy Haryana-based ReNew Power has completed its previously announced business combination with RMG Acquisition Corporation II. After the combination, RMG II has become a wholly-owned subsidiary of ReNew Energy Global. Consequently, ReNew’s Class A ordinary shares and warrants commenced trading on the U.S. stock exchange NASDAQ on August 24, 2021. The company listed in the US through […] Read more
TPREL Commissions 150 MW Solar Project in Rajasthan Updated On Tue, Aug 24th, 2021 by Saurenergy Tata Power Renewable Energy Ltd. (TPREL), a wholly-owned subsidiary of Tata Power, has commissioned a 150 MW solar power project in Loharki, a village in Rajasthan. Spread across 756 acres of land, this plant is expected to generate more than 350 million units annually. Approximately 656,700 modules were used in the project, and the installation […] Read more
Transforming the Grid with Pole-mounted Batteries: ARENA Updated On Tue, Aug 24th, 2021 by Saurenergy On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced $4 million of ARENA funding to United Energy to trial the use of pole-mounted batteries to support more rooftop solar and manage peak demand across the low voltage distribution network in south Eastern Melbourne and the Mornington Peninsula. The first of […] Read more
After Reliance, IOC, NTPC, now GAIL to Foray into Hydrogen Updated On Mon, Aug 23rd, 2021 by Saurenergy State-owned natural gas corporation GAIL plans to foray into hydrogen and ethanol production, as well as expanding its presence in the petrochemicals segment. Hydrogen is a clean fuel that, when consumed in a fuel cell, produces only water. Many countries are venturing into hydrogen production from a variety of domestic resources, such as natural gas, nuclear […] Read more
RE Investment in India Bounces Back from COVID-19 Slowdown: IEEFA Updated On Mon, Aug 23rd, 2021 by Saurenergy Renewable energy investment is rising again in India following the slowdown in the previous financial year due to the onset of the COVID-19 pandemic, finds a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). In the first four months of this financial year (FY), from April to July 2021, investment […] Read more
Scientists Make Bifacial Solar Cell with Record Power Output at 29% Updated On Thu, Aug 19th, 2021 by Saurenergy A team of scientists at the Australian National University (ANU) have used laser processing to produce a record-breaking bifacial solar cell with a front conversion efficiency of 24.3% and a rear conversion efficiency of 23.4%, representing a bifacial factor of 96.3%. This performance represents an effective power output of approximately 29%, well exceeding the performance of the […] Read more
