Lithium Price Surge Leaves Car Makers Comparing LFP with NCM batteries Updated On Fri, May 13th, 2022 by Saurenergy Steep rises in battery raw materials prices since the start of 2021 have favoured a faster shift to LFP batteries for electric vehicles, over NMC batteries. Cobalt and Lithium for example have become dearer by 70% and 700% respectively. The lowest-cost pack has always been lithium-iron-phosphate, or LFP, the preferred choice of Tesla, Volkswagon and […] Read more
Soluna Raises $35M from Spring Lane Capital to Build Green Data Centers Updated On Fri, May 13th, 2022 by Saurenergy Soluna Holdings, Inc. (“SHI”) the parent company of Soluna Computing, Inc. (“SCI”), secured $35 million in project financing to develop green data centers co-located with renewable energy assets. Spring Lane Capital, a private equity firm, invested private funds in Soluna as a part of their strategy focused on hybrid project capital for sustainability solutions in […] Read more
Jakson Group Adds O&M Wins worth 255 MW From NTPC To Kitty Updated On Fri, May 13th, 2022 by Saurenergy Following on from the award of O&M for NTPC’s 260 MW solar plant at Bhadla in Rajasthan, the Jakson Group has won bids for comprehensive Operation and Maintenance (O&M) for a 250 MWp Solar PV Project in Ananthapuram, Andhra Pradesh and a 5 MWp Solar PV Plant in Andaman & Nicobar Islands. NTPC invited these […] Read more
Korea Zinc Subsidiary Ark Energy In Major Renewable Deals Updated On Thu, May 12th, 2022 by Saurenergy Ark Energy Corporation Pty Ltd, an Australian subsidiary of zinc, lead and silver giant Korea Zinc Co. Ltd, has acquired a 9 GW solar and wind pipeline from renewable energy developer Epuron Holdings Pty Ltd. Yun B. Choi, Founder and Chairman of Ark Energy and Vice Chairman of Korea Zinc, said the Epuron acquisition is an important […] Read more
Fresh CERC Regulations For RE Certificates for RE Market Development Updated On Thu, May 12th, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) released on May 9 a set of regulations for development of renewable energy market through renewable energy certificates, holding back the date of enforcement. The National Load Despatch Centre remains the mandated Central Agency to enforce a host of regulations like (i) registration of eligible entities, (ii) developing a […] Read more
Hanwha invests $320M in cell, module mfg capacity expansion Updated On Thu, May 12th, 2022 by Saurenergy Hanwha Solutions, a Korean company that owns clean energy solutions provider Qcells, has announced a $320 million investment plan for solar manufacturing expansion in the United States and Korea with the aim of providing secure, cleaner energy amid mounting calls for energy security and net-zero emissions. Hanwha said it will seek to spend $170 million […] Read more
Italy working on incentives for offshore wind projects Updated On Thu, May 12th, 2022 by Saurenergy The Italian government is working on incentives to boost the roll-out of offshore wind facilities, Italy’s energy transition minister said on Wednesday. “Incentive mechanisms are in the programming phase,” Roberto Cingolani said, answering questions from members of parliament. Besides subsidies, Cingolani said offshore wind would also receive grants from Italy’s national Recovery Fund plan. Rome […] Read more
Battery-powered Greek island bets on green future Updated On Thu, May 12th, 2022 by Saurenergy When deciding where to test green tech, Greek policymakers picked the remotest point on the map: tiny Tilos. Providing electricity and basic services, and even access by ferry, are all a challenge for this island of just 500 year-round inhabitants. Its most recent problem has been dealing with plastic. But authorities this week announced that […] Read more
AGEL to issue shares worth Rs 3,850 cr to Green Energy Invt Holding Updated On Thu, May 12th, 2022 by Saurenergy Adani Green Energy Ltd’s (AGEL) management committee on Thursday approved the allotment of two crore equity shares for Rs 3,850 crore to Green Energy Investment Holding RSC Ltd. “Management committee of the Company, at its meeting held today approved allotment of the equity shares of Company by way of the private placement on a preferential issue […] Read more
