Serentica Secures INR 2600 Cr Funding from PFC for Green Projects Updated On Thu, Sep 14th, 2023 by Saurenergy Vedanta backed Serentica Renewables, a C&I focused renewable energy developer, has announced that it has achieved financial closure for its upcoming hybrid renewable energy projects in Karnataka. The firm has secured the entire debt funding of INR 2600 crores from one of India’s largest power sector lenders, Power Finance Corporation Limited (PFC Ltd.). To ensure […] Read more
India & US Shore Up Partnership to Anchor $500 Mn RE Infrastructure Investment Fund Updated On Mon, Sep 11th, 2023 by Saurenergy A joint investment fund of up to $1 billion to aid India’s initiatives aimed at the adoption of green technology has got the nod from US President Joe Biden and Narendra Modi. In an initiative that will strengthen India-US bilateral relationship in the renewable energy space, India’s National Investment and Infrastructure Fund and the US […] Read more
RWE Kicks Off Two Solar Plus Battery Projects in Garzweiler Mine Updated On Wed, Sep 6th, 2023 by Saurenergy German multinational energy firm RWE installed 58,000 photovoltaic modules in the Garzweiler opencast mine. The modules also boast two battery storage facilities. The project is supplying solar energy to over 7,250 German households per year. The project employs bifacial modules, that capture sunlight from not only both the sides, but also uses light reflected from […] Read more
KORE Power Chosen by Energy Vault for US Battery Production from 2025 Onward Updated On Fri, Aug 11th, 2023 by Saurenergy Swiss energy storage firm, Energy Vault, has chosen KORE Power, a company based in Coeur d’Alene, Idaho, to supply batteries produced domestically. The anticipated launch of Phase 1 at the KOREPlex facility in Arizona is set for 2025. A Master Supply Agreement was announced earlier this week, outlining an initial delivery capacity of 1.3 GWh […] Read more
Masen Initiates Prequalification Tender for Third Phase of Solar Power Project in Atlas Mountains Updated On Fri, Aug 11th, 2023 by Saurenergy Morocco’s renewable energy agency, Masen, has kickstarted a prequalification tender for the third phase of a solar power venture. The project is situated in the Atlas mountains. Developers are required to submit prequalification documents by October 20th, with the objective of financing, constructing, and operating the 400 megawatt (MW) Noor Midelt III project utilizing photovoltaic […] Read more
SaurEnergy Explains – CCS and CCUS: Promise or Pipe Dream in the Oil and Gas Industry? Updated On Thu, Aug 3rd, 2023 by Saurenergy Oil and gas companies have been leaders in CCUS (Carbon Capture, Utilisation & Storage) development. They operate five of the eight dedicated CO2 storage projects in operation and most of the existing CO2 pipelines. It’s marketed that the practice of capturing and storing carbon dioxide, rather than tackling the causes of the emissions themselves, could […] Read more
Brookfield & Reliance Join Hands for Green Energy Manufacturing in Australia Updated On Wed, Aug 2nd, 2023 by Saurenergy Brookfield Asset Management and Reliance Industries, India’s largest private sector enterprise and a Fortune 500 company, have entered into a Memorandum of Understanding (MoU) to explore opportunities for manufacturing renewable energy and decarbonization equipment in Australia. The primary goal of the MoU is to accelerate and de-risk Australia’s energy transition by fostering local production of […] Read more
Consortiums Pre-Qualified for 400 MW Solar Plant in Morocco’s Atlas Mountains Updated On Tue, Jul 11th, 2023 by Saurenergy Morocco’s renewable energy agency, Masen, has announced the pre-qualification of six consortiums to construct a 400 MW solar plant in the Atlas mountains. Named Noor Midelt II, the project aims to strengthen the country’s renewable energy sector and reduce its dependence on fossil fuels. Leading the consortiums are renowned international companies, including Cobra Servicios, Communicaciones […] Read more
Fluoride Electrolyte Innovation: Transforming Batteries for a Sustainable Future Updated On Wed, Jul 5th, 2023 by Saurenergy In a significant development for the field of battery technology, scientists at the U.S. Department of Energy’s Argonne National Laboratory have made a groundbreaking discovery involving a fluoride electrolyte that could potentially protect next-generation batteries against performance decline. This innovation could have a transformative impact on the electric vehicle (EV) industry and other advanced battery […] Read more
