Urban Mining Startup Metastable Materials Raises Pre-Seed Funding Updated On Thu, Jun 30th, 2022 by Saurenergy In its maiden fundraising round, Bengaluru-based urban mining startup Metastable Materials has raised an undisclosed amount of pre-seed funding from a clutch of angel investors and venture capital firms. The pre-seed round was led by Akshay Singhal and Kartik Hajela, Co-Founders of Log9 Materials – an advanced EV battery-technology and battery manufacturing company. Archana Priyadarshini, […] Read more
Vestas Secures 86 MW & 39 MW Orders in USA & Estonia Updated On Thu, Jun 30th, 2022 by Saurenergy Wind turbine manufacturer, Vestas has secured two wind project in USA & Estonia with the respective capacity of 86 MW & 39 MW. For the 86 MW Project Sacramento Municipal Utility District (SMUD) has given Vestas an 86 MW order to repower the Solano Wind Project Phase 4 wind farm in California, USA. The site’s […] Read more
Biocon, Hindalco Declare Investments In Renewable Energy Updated On Thu, Jun 30th, 2022 by Saurenergy The investments in the renewable energy sector by the corporate sector continue to pick up pace on the back of lower energy costs from renewables and ESG led actions. Biocon – a biotechnology major – has announced that it has acquired 26 per cent stake in AMPYR Renewable Energy Resources Eleven Private Ltd for Rs […] Read more
World Bank Provides $165 M To Support RE In India’s Residential Sector Updated On Thu, Jun 30th, 2022 by Saurenergy The World Bank Board of Executive Directors on June 28 approved of $165 million in additional financing to support India’s residential sector in adoption of rooftop solar systems and make solar energy more affordable, according to a press release issued by the World Bank. These solar photovoltaic (PV) installations will provide clean, renewable energy, and […] Read more
Top Weekly Stories on Renewable Energy From 22 to 28 June 2022 Updated On Wed, Jun 29th, 2022 by Saurenergy Read more
MSEDCL Issues 1 GW Tender for Solar Power Supply Updated On Wed, Jun 29th, 2022 by Saurenergy Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) has issued a new tender to procure 1 GW (1000 MW) of solar power supply through a competitive bidding process. MSEDCL will procure this solar power supply from those projects which are connected to the distribution network in Maharashtra under “Mukhyamantri Saur Krishi Vahini Yojana”. The last date […] Read more
UPERC Mulls Introduction Of Green Tariff In Uttar Pradesh Updated On Wed, Jun 29th, 2022 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission (UPERC) informed the State Advisory Committee (SAC) members during a meeting that a green tariff may soon be implemented for the industrial and the commercial users to receive up to 100% of their electricity from renewable sources despite higher price. In a news item published on June 29, the […] Read more
Intersect Power Raises $750 Million Growth Equity Investment from TPG Rise & Others Updated On Wed, Jun 29th, 2022 by Saurenergy US-based clean energy company, Intersect Power announced a $750 million growth equity investment for its renewable energy portfolio yesterday (28th June 2022). TPG Rise Climate is the dedicated investor while Climate Adaptive Infrastructure and Trilantic Energy are the additional participants in this investment. With the help of this growth equity investment from TPG Rise & Others, Intersect […] Read more
Trains Fueled by Hydrogen will Operate in Germany Updated On Wed, Jun 29th, 2022 by Saurenergy Hydrogen-based technology is being used in rail transport. The latest example is Germany’s Siemens Mobility, which is building several trains fueled by hydrogen for the transport network in the Berlin-Brandenburg metropolitan area. On Monday (27th June) Siemens Mobility stated that Niederbarnimer Eisenbahn has ordered seven of its Mireo Plus H trains from the company. The […] Read more
