VPPAs Could Help Meet A Quarter Of India’s 2030 Target of Renewable Energy Updated On Thu, Jun 9th, 2022 by Saurenergy The recently released WWF-India’s report “Virtual Power Purchase Agreement (VPPA) for C&I consumers in India” highlights that the total estimated demand for VPPAs in India by 2030 could be as high as 104 GW, which could help to meet 27% of the remaining target of India’s 500 GW target by 2030. The VPPAs offer many strategic […] Read more
BYD To Start Supply of Batteries to Tesla Soon Updated On Thu, Jun 9th, 2022 by Saurenergy In what could be a key moment in the global electric vehicle industry, BYD will be supplying its batteries to the leading electric vehicle seller in the world – Tesla. The China-based company’s senior executive Lian Yubo said during an interview with the state controlled media house that BYD will sell its batteries ‘very soon’ […] Read more
Endurance Technologies Enters BMS Segment With Maxwell Energy Acquisition Updated On Thu, Jun 9th, 2022 by Saurenergy Indian auto-component maker Endurance Technologies has now entered into the new avenue of the electric vehicle centric product lines. This has come with the key acquisition of Battery Management System (BMS) unit of Mumbai based company Maxwell Energy Systems. The deal between the two companies entails that Endurance Technologies shall buy a 51 per cent […] Read more
VRF Batteries Set to Boost Demand For Vanadium Massively Updated On Wed, Jun 8th, 2022 by Saurenergy Vanadium Redox Flow Batteries, (VRFB) have definitely brought Vanadium to the centre stage. It is a classified critical raw material in several countries around the world. Back in 2017, the European Commission identified and formally registered vanadium on the 2017 list of Critical Raw Materials for the European Union. Further, the United States, Canada and […] Read more
For GoodWe, Global Award Vindicates Early Move Into Storage Inverters Updated On Wed, Jun 8th, 2022 by Saurenergy GoodWe was recently awarded the title of Most Efficient Asian Storage Manufacturer by Berlin University of Applied Science through SPI efficiency test. While the recognition was welcome for the firm, what most people may not know is that GoodWe had complete a decade in the energy storage industry. As one of pioneers, the firm has […] Read more
Despite Positive Results, Renewable Energy In Australia Faces Local Challenges Updated On Wed, Jun 8th, 2022 by Saurenergy Community protests are delaying Australia’s efforts to rebuild its overburdened electricity infrastructure, potentially delaying investments in wind and solar farms (Renewable Energy) that would be needed to replace retiring coal-fired power generation over the next 25 years. The continent sized country has long been blamed for going too slow on renewable additions, besides its high […] Read more
ACME Group Makes Rs 50,000 cr For Green Hydrogen Production in Karnataka Updated On Wed, Jun 8th, 2022 by Saurenergy Gurugram-based ACME Cleantech Solutions Private Limited has announced that it has signed a Memorandum of Understanding (MoU) with the state government of Karnataka where it has proposed the setting up of a sizeable green hydrogen and ammonia plant. ACME’s plan envisages that it will be investing Rs 51,865 crore ($6.7 billion) in Karnataka within five […] Read more
Horisont Energi Signs MoU with Lhyfe to Use Renewable Green Hydrogen Updated On Tue, Jun 7th, 2022 by Saurenergy Norway-based Horisont Energi has signed an MoU with Lhyfe to use renewable green hydrogen produced by Lhyfe to provide its ammonia plants in Europe. In response to the increasing demand for ammonia in Europe, the company has also signed a memorandum of understanding with the port of Rotterdam to set up a corridor for transport […] Read more
Energy Storage To Keep Pace With RE Installation In India – Fitch Ratings Updated On Tue, Jun 7th, 2022 by Saurenergy The success of renewable energy in any market largely depends on the energy storage capacity given the intermittency nature of it. The credit rating agency, Fitch Ratings, has said in its new report that power storage demand in India will expand at a rapid pace to stabilise the increasing variability on both the power supply […] Read more
