Author: Saur News Bureau

Agro-PV: Gauging India’s Agrivoltaics Potential

According to the 2011 national census, agricultural and related sector activities employ 54.6% of the total workforce and contribute to 17.8% of the nation’s Gross Value Added (GVA). These stats show that despite the digital transformation that has taken place in the country, India is fundamentally an agrarian economy. Under its Mission 500GW, India has […]

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Log9 Materials Raises Fresh Funding Led By Amara Raja Batteries

Electric vehicle focused advanced battery platform Log9 Materials has raised $9.65 million (Rs 77 crores) from Amara Raja Batteries. This is the second round led by Tirupati-based batteries manufacturer in Log9 in the past year. With this round, Amara Raja Batteries now holds a 15.4% stake in Log9. The funding round appears to be still […]

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Neuman & Esser, Ballard Invest in Quantron for Hydrogen-Based Mobility

Leading fuel cell expert Ballard Power Systems from Canada and the German hydrogen system specialist Neuman & Esser  have announced that they are investing in Quantron AG as part of a financing round totaling up to EUR 50 million. With a company valuation of EUR 250 million, Neuman & Esser acquires a minority stake and […]

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Tata Power Solar Receives LoA For 100 MW Project From SJVN

To build a 100 MW ground-mounted solar project for an Indian public sector undertaking firm SJVN Ltd (Satluj Jal Vidyut Nigam Limited), Tata Power Solar was given a “Letter of Award” (LoA) worth Rs. 612 crores. Tata Power Solar is a solar EPC business and wholly owned subsidiary of Tata Power Renewable Energy. The Government […]

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UPL Burnishes Green Cred With Green Power Deal

Global Agri solutions firm UPL Limited has announced a joint venture with CleanMax Enviro Energy Solutions, a Mumbai-based renewable energy company, to establish a hybrid solar-wind energy power plant in Gujarat, India. UPL and CleanMax will set-up and operate a hybrid captive power plant with a capacity of 28.05 MW of solar power and 33 […]

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EV Charging Firm Terawatt In $1 Billion Funding Deal

San Francisco based startup TeraWatt Infrastructure has raised over $1 billion from investors to expand a network of charging centers across the US focused on electric vehicle fleet customers. The Four-year-old TeraWatt Infrastructure  came out of stealth mode in May 2021 , and has been co-founded by investment adviser Keyframe Capital. Cyrus Capital also funded […]

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Siemens Commissions One of Germany’s Largest Green Hydrogen Facility

Global RE conglomerate Siemens has said that it has commissioned one of Germany’s largest green hydrogen generation plants in Wunsiedel, Upper Franconia. Bavaria’s Minister-President Markus Söder, Siemens Managing Board member Matthias Rebellius and Financial Services CEO Veronika Bienert handed over the plant to the operating company WUN H2, represented by Managing Directors Thilo Rießner and […]

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Prozeal Infra Secures 14 MW of Solar EPC Tender from Gujarat State Electricity Corp.

Gujarat State Electricity Corporation Ltd (GSECL) has awarded an 14 MW of solar EPC contract to Ahmedabad- based solar EPC company Prozeal Infra. The projected bid value for this EPC LOA was 82.23 Cr.  Design, engineering, supply, procurement, construction, testing, and commissioning will be handled by Prozeal Infra, along with five years of operation and […]

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