Lok Sabha Passes Energy Conservation Amendment Bill 2022 Updated On Tue, Aug 9th, 2022 by Saurenergy The onslaught of climate change is forcing countries to reduce their carbon footprints and move towards clean forms of energy sources to decarbonize their economies to protect the planet from the rising temperatures. The Lok Sabha (House of Commons) of the Parliament has passed the Energy Conservation (Amendment) Bill, 2022, in a bid to promote […] Read more
Adani Green Earnings Call Q1 FY23: Operational Capacity Growth Up To 5800 MW Updated On Thu, Aug 4th, 2022 by Saurenergy Kev revelations were made during the Q1 FY23 earnings call of the green arm of Adani Enterprises, Adani Green Energy Limited (AGEL). Here is a look at them- Capacity Growth On An Upward Trend The operational capacity growth on YoY basis has shot up by 65% to 5800 MW. This growth has been attributed to […] Read more
Setting Up a Battery Manufacturing Plant: The Factors That Matter Updated On Thu, Aug 4th, 2022 by Saurenergy Battery manufacturing is one of the fastest-growing industries worldwide. A decade ago, consumers used batteries for their laptops, phones and other gadgets. Today, these energy storage devices are powering cars, medical equipment and even houses. New plants for battery production are popping up as a result. But in this realm of a gradual shift towards […] Read more
Aurora Hydrogen Raises $10 Million To Develop Hydrogen Technology Updated On Wed, Aug 3rd, 2022 by Saurenergy Green hydrogen production technology developer Aurora Hydrogen has declared raising $10M in Series A funding led by Energy Innovation Capital. The participating investors included Williams, Shell Ventures, Chevron Technology Ventures and the George Kaiser Family Foundation. The official announcement of Aurora stated that this funding adds to additional funding by the Natural Sciences and Engineering […] Read more
Toyota-Panasonic Battery JV to Buy Lithium From Nevada Mine of Ioneer Updated On Tue, Aug 2nd, 2022 by Saurenergy Japanese conglomerates Toyota Motor Corp and Panasonic Corp have announced that their joint battery venture will buy lithium from the Rhyolite Ridge mining project of ioneer Ltd. The resource will then be employed to manufacture electric vehicle batteries in the United States. The new entity is called Prime Planet Energy & Solutions (PPES). Australia based […] Read more
Iberdrola and bp To Partner For EV Charging Infra, Green Hydrogen In Europe Updated On Tue, Aug 2nd, 2022 by Saurenergy In a major announcement, global energy players – Iberdrola and bp – have revealed that they will form a strategic collaboration to help accelerate the energy transition. Together, the companies intend to significantly expand fast EV public charging infrastructure to support the adoption of electric vehicles. The two will also develop large scale green hydrogen […] Read more
Policy Muddle, Economy Trip Up US Clean Energy Growth In Q2, Says Industry Association Updated On Thu, Jul 28th, 2022 by Saurenergy According to a report from the American Clean Power Association (ACPA), a US body of mostly energy developers, the rate of clean energy deployment slowed substantially in the second quarter. The association’s report blames policy headwinds, economic factors and trade issues for impacting project development and increasing the backlog of new project delays. The report […] Read more
ONGC Signs MoU With Greenko To Make Green Hydrogen And Explore Markets Updated On Wed, Jul 27th, 2022 by Saurenergy Oil and Natural Gas Corporation (ONGC) and renewable energy company Greenko ZeroC have signed a Memorandum of Understanding (MoU) to make green hydrogen, green ammonia and jointly explore new market in renewables, and other derivatives of green hydrogen. The two companies will join hands to come up with a 1-MMTPA green ammonia production and storage […] Read more
Octopus Energy Group Raises Fresh Funds Totaling $550 million Updated On Wed, Jul 27th, 2022 by Saurenergy In a fresh announcement, British renewable energy player Octopus Energy Group said that it has closed the recent funding round and has secured $325 million from its shareholders. It said that the loan is raised on the terms agreed during the fundraising round in December 2021. The official statement revealed that the RE player’s investors […] Read more
