DOE Awards $100 Million to Group14 Technologies for Battery Production Updated On Thu, Oct 20th, 2022 by Saurenergy Group14 Technologies announced that it has been selected as a recipient of the first set of projects funded by US President Joe Biden’s ‘Bipartisan Infrastructure Law’ to expand domestic battery manufacturing for electric vehicles and the electrical grid. Group14 held that it will receive $100 million for battery materials processing and battery manufacturing to support […] Read more
Octopus Energy Partners with Nexta for 1.1 GW Renewables in Italy Updated On Thu, Oct 20th, 2022 by Saurenergy UK-based wind and solar farms builder Octopus Energy Generation has said that it will enter Italy’s green power market by investing in renewable energy developer Nexta. Octopus held that the move will help the country wean itself off gas and lower future energy bills. As per the official statement, Octopus Energy Development Partnership (OEDP) is […] Read more
US Army Opts for Lead Batteries, US Firms to Develop Storage Updated On Wed, Oct 19th, 2022 by Saurenergy The US Army has chosen advanced lead battery energy storage systems to enhance its operational effectiveness in disaster zones and combat. A project led by Paragon Solutions and the Consortium for Battery Innovation (CBI) is providing a new set of systems that can provide power for critical military operations anywhere in the world. Paragon, an […] Read more
The Contra View: 5 Arguments Against Battery Swapping Updated On Mon, Oct 17th, 2022 by Saurenergy A lot has been written about the advantages of Battery Swapping to make a shift to renewable energy for mobility. The value of Battery Swapping lies in the fact that separating the price of the electric car from the battery, its costliest part, will make it attractive to the customer. However, in the interest of […] Read more
Mainstream Inks Deal to Develop RE Plants in South Africa Updated On Mon, Oct 17th, 2022 by Saurenergy Global green energy player Mainstream Renewable Power has signed a lease agreement with South Africa’s national electricity company – Eskom – for a 1,650-hectare site where it plans to build and operate renewable energy plants. The quantum of the renewable energy project has not yet been disclosed by the company. The official statement of Mainstream […] Read more
Capital Dynamics Raises EUR 521 Million for Clean Energy Infrastructure Fund Updated On Fri, Oct 14th, 2022 by Saurenergy Independent private asset management firm based in Singapore, Capital Dynamics has announced the final closing of Capital Dynamics Clean Energy Infrastructure IX (CEI IX), which is the company’s latest renewable energy fund. The official statement held that CEI IX exceeded its initial target of EUR 300 million by approximately 75% and closed with EUR 521 […] Read more
Madhya Pradesh Eyes 50000 Cr Investment for RE Segment by 2027 Updated On Fri, Oct 14th, 2022 by Saurenergy Recently, Madhya Pradesh Government published the new renewable energy policy titled “Madhya Pradesh Renewable Energy Policy – 2022.” Madhya Pradesh government indicates investing Rs 15,000 crore and Rs 50000 crore for RE (renewable energy) generation industry. The state government plans to build four thousand (4,000) MW of renewable energy projects in the open access solar […] Read more
REC Group In Major Equipment Supply Deal With Maxwell Technologies Updated On Thu, Oct 13th, 2022 by Saurenergy The Reliance owned REC Group has announced a major equipment supply deal with Chinese solar equipment manufacturer Maxwell technologies. The agreement covers the supply of equipment for REC’s latest heterojunction technology (HJT) innovation, REC Alpha Pure-R, introduced at this year’s Intersolar Europe. REC is on a major expansion drive since the Reliance takeover, with a […] Read more
Distribution Sector Reforms Are Key For Growth Of The Sector Updated On Thu, Oct 13th, 2022 by Saurenergy Energy firms across the spectrum face the new reality of the energy transition to a higher share for renewable energy. Apraava Energy, formerly CLP India, one of the many firms that have tasked themselves with the task to make the shift as smoothly as possible. SaurEnergy got responses from Naveen Munjal, Director Business Development and […] Read more
