LG Electronics Acquires AppleMango, Forays into EV Charging Business Updated On Mon, Jun 27th, 2022 by Saurenergy LG Electronics announced on June 26 its foray into the EV charging solutions business by acquiring fellow South Korean EV charging firm AppleMango amid a global electrification push. About 60 per cent stake in AppleMango was bought by the Korean electronics major for an unspecified amount, with GS Energy and GS Neotek taking over 34 […] Read more
NTPC Starts Commercial Operation On India’s Largest Floating Solar Power Plant Updated On Fri, Jun 24th, 2022 by Saurenergy India’s largest power producer, State-owned National Thermal Power Corporation (NTPC) has revealed starting commercial operations on a Kayamkulam Floating Solar PV Project at Kayamkulam, Kerala. It is currently executing the last part capacity of 35 MW out of the 92 MW project. This makes it India’s largest floating solar power plant. The project EPC was […] Read more
Finland Plans For A National Hydrogen Network Updated On Fri, Jun 24th, 2022 by Saurenergy The race to carbon neutrality continues apace, at least in some parts of Europe. While the accelerating solar and wind energy expansion is partly due tothe Russian-Ukraine conflict that has pushed Europe to reduce and possibly end its dependence on the fossil fuel supplies from Russia. In a key development, the Finland Government has held […] Read more
Global Investment On Energy To Increase By 8% In 2022: IEA Updated On Fri, Jun 24th, 2022 by Saurenergy The world may increase its spending by 8% in 2022 to the tune of about USD 2.4 trillion on clean energy transition, a new report published by the International Energy Agency has claimed. The IEA’s World Energy Investment 2022 report further revealed that the maximum energy investment was on renewables and grids. Not evenly spread, […] Read more
ACME Moves Ahead On Land For Green Ammonia & Hydrogen Project In Oman Updated On Fri, Jun 24th, 2022 by Saurenergy Renewable energy developer ACME Group today announced signing of a land agreement to set up one of the world’s largest green ammonia projects at Special Economic Zone at Port of Duqm in Oman. ACME signed the agreement with the Public Authority for Special Economic Zones and Free Zones which is a Government authority of Oman. […] Read more
Shell Collaborates With BASF For Green Hydrogen Purification Updated On Fri, Jun 24th, 2022 by Saurenergy Germany’s largest chemical company, BASF (Baden Aniline and Soda Factory) has announced that it has forged a partnership with Shell to evaluate and de-risk BASF’s Puristar R0-20 and Sorbead Adsorption Technology for use in green hydrogen production. The official statement by BASF holds that the two technologies will serve the purpose of purifying and dehydrating […] Read more
Tata Power Installs 150 EV Charging Stations In Mumbai Updated On Thu, Jun 23rd, 2022 by Saurenergy Making way for clean energy transition, Tata Power has installed as many as 150 green energy-powered EV stations in Mumbai. These stations have been built in residential societies, malls, commercial complex and petrol pumps. This green drive on a massive scale by Tata Power is steered by renewable/clean energy sources like wind, solar, and hydropower. […] Read more
Proposed Scheme On Discom Dues Could Lead To Rs 9,000 Crore Flow Towards RE Developers Updated On Thu, Jun 23rd, 2022 by Saurenergy Leading ratings firm CRISIL estimate that the proposed scheme for liquidating discom dues could be a windfall for RE developers, among others. Rs 9,000 crore over the next two fiscals could be released for RE developers, states the firm. This could majorly impact the receivables period of leading RE gencos of 40-50 days from the […] Read more
India Needs $223 Billion To Meet 500 GW RE Target By 2030 Updated On Thu, Jun 23rd, 2022 by Saurenergy As per the findings revealed in a new report by BloombergNEF (BNEF) in a seminar in New Delhi on June 22, India will need $223 billion of investment to meet the target of wind and solar capacity installations up to 500GW by 2030. A Look At The Numbers In a telling trend, the country has […] Read more
