Siemens Energy to Build Green H2 Industry in Egypt Updated On Fri, Aug 27th, 2021 by Saurenergy German company Siemens Energy has signed a Memorandum of Understanding with the Egyptian Electricity Holding Company to jointly develop hydrogen-based industry in Egypt with export capability. The agreement was signed by Christian Bruch, President and CEO of Siemens Energy, and Gaber El- Dessouki, Chairman of the Board of Directors of the Egyptian Electricity Holding Company […] Read more
India’s Emissions Have Dropped by 28% from 2005 Levels: R K Singh Updated On Thu, Aug 26th, 2021 by Saurenergy India has already achieved emission reduction of 28% over 2005 levels, against the target of 35% by 2030 committed in its NDC (Nationally determined contributions), which makes India one of the few countries globally that have kept to their Paris Climate Change (COP21) commitments along with an exponential increase in renewable energy capacity, said Union […] Read more
Storage Integrator FlexGen Bags $150 M Investment from Apollo Funds Updated On Thu, Aug 26th, 2021 by Saurenergy Apollo Global Management, an alternative asset management group, has announced a $150 million equity commitment to FlexGen Power Systems, a leading integration services and software technology provider for energy storage solutions in the US and globally. Apollo’s investment will be made in partnership with FlexGen’s existing investors, Altira Group and the founding investment group led […] Read more
Gravity based Energy Storage Startup Energy Vault Announces $100 Million Funding Updated On Wed, Aug 25th, 2021 by Saurenergy Energy Vault, the firm behind gravity-based, grid-scale energy storage solutions with its proprietary technology, today announced $100 million in Series C funding. We had covered the firm’s series B funding back in 2019. The newest investment round is being led by existing investor Prime Movers Lab, with additional participation from other existing investors including SoftBank […] Read more
ArcelorMittal to Pour ₹1 Trillion into Gujarat’s RE, Steel & Other Projects Updated On Mon, Aug 23rd, 2021 by Saurenergy Luxembourgish multinational steel manufacturer ArcelorMittal is planning to invest Rs 1,00,000 crores in different projects in Gujarat, including its steel plant at Hazira near Surat, a Gujarat government release has said. The release also added, ArcelorMittal Chairman Lakshmi Niwas Mittal along with the CEO of ArcelorMittal Nippon Steel India (AM/NS India), Dilip Oommen, recently called upon […] Read more
Goan Students Create Solar E-cycle With 20 Li-Ion Batteries Updated On Mon, Aug 23rd, 2021 by Saurenergy Students from Goa’s Agnel Institute of Technology and Design have created a custom solar e-cycle, powered by 20 lithium-ion batteries, that can cover the distance between Panaji and Vasco on a single charge. The batteries can be charged by two solar panels or a conventional power supply point at home. The five mechanical engineering students […] Read more
Engineer – PLM Updated On Mon, Aug 16th, 2021 by Saurenergy Responsibilities:- Support the global PLM user base in all PLM process and application related issues Analyze and troubleshoot problems. Suggest workarounds and Root Cause Analysis. Issue routing, assignment and monitoring. Resolve any issues that can be fixed by configuration. Application Monitoring. Predictive analysis. Manage Innoface & Granta integration. User Access Management. Review and analyse incident. […] Read more
33 GW Pumped Hydro Storage Projects to be Set Up in Andhra Pradesh Updated On Mon, Aug 16th, 2021 by Saurenergy The Andhra Pradesh energy department will install Pumped Hydro Storage Power Projects (PSP), with 33.24 GW total capacity, across 1.45 lakh acres in Kadapa, Kurnool and Anantapur districts. Energy secretary Srikant Nagulapalli believes these pumped hydro storage power will improve the power supply position in the state. “These will enable the consumers to get quality […] Read more
‘Blue’ Hydrogen Worse for Climate Than Coal, Gas, Diesel, Finds Study Updated On Mon, Aug 16th, 2021 by Saurenergy Could a supposedly “clean” and “green” energy source’s use harm the climate more than burning fossil fuel does? According to Cornell and Stanford University researchers, “blue” hydrogen, which is currently being lauded as a way to reduce global warming, is one such source. Blue hydrogen involves a process for making hydrogen by using methane in natural […] Read more
