Author: Saur News Bureau

Tata Motors emerges lowest bidder for electric buses in CESL tender

Tata Motors has emerged as the lowest bidder in the mega tender for 5,450 electric buses floated by Convergence Energy Services Ltd (CESL) under the remodelled FAME II scheme, the government said on Tuesday. Discovered prices of the Grand Challenge tender are between 15 per cent and 48 per cent lower than the price discovered […]

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RWE to supply solar power generated at German coal mine

In only a few weeks’ time, RWE’s Inden Opencast Mine will no longer produce just lignite, but also solar power. After officially breaking ground, building work has commenced for a utility-scale photovoltaics system with integrated battery storage. The solar modules will produce a peak electric output of 14.4 megawatts (MW). The “RWE indeland Solarpark” is […]

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Germany’s GridX secures $40 Million in Series C Funding

GridX, a German enterprise rate platform provider to modern utilities and energy technology companies, has closed $40 million in Series C funding led by Energy Impact Partners (EIP), a global investment platform. Moore Strategic Ventures (MSV), Sunfox Capital and NGP ETP also participated in the round with Hunter Horgan of MSV joining the company’s board […]

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JERA Collaborates with West Corp. for 1GW Solar Power Production in Japan

The biggest power company of Japan, JERA and West Holdings Corporation, have reached a final agreement for developing solar power generation projects in Japan of about 1 GW. The official statement of JERA announces that the company has also concluded a share purchase agreement with a shareholder of West HD to acquire approximately 2.3% of […]

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JinkoSolar’s High-efficiency N-Type Cell Continues To Set Efficiency Records at 25.7% Now

JinkoSolar Holding Co., Ltd. (Jinko Solar), one of the largest and most innovative solar module manufacturers in the world has announced that it has achieved a major technical breakthrough for its 182 mm high-efficiency N-type monocrystalline silicon solar cell. JinkoSolar has set a new world record again with the maximum solar conversion efficiency of 25.7% […]

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Iberdrola signs its largest green loan worth €1 B with Banco Santander

Spanish electric utility Iberdrola has signed its largest green loan with Banco Santander for an amount of €1 billion, which in turn is backed by an Export Credit Agency (ECA), said the company. The loan has a maximum term of 15 years.The funds will be used mainly to finance Iberdrola’s orders to suppliers of turbines […]

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CubicPV, Waaree In Multi-Year Supply Agreement For Silicon Cells

US solar cell manufacturer CubicPV and Waaree Energies, Ltd, a leading domestic solar module manufacturer, have announced that they have entered into a multi-year supply agreement in which CubicPV will supply, per annum, 1 GW of silicon cells to Waaree. The cells will feature wafers made with CubicPV’s innovative Direct Wafer® technology, that produces wafers […]

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Dewa to spend $11 billion on Renewable Energy in Dubai

The Dubai Electricity and Water Authority (Dewa) has announced that it will be investing $11 billion or Dh40 billion as capital expenditure over a period of next five years from now to enhance the utility’s renewable energy portfolio. Dewa has issued an official statement that confirms the media reports about the anticipated RE investments by […]

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April power demand hits new peak at 5,769MW in Delhi

Delhi’s peak power demand broke yet another record on Wednesday and clocked 5,769 megawatt (MW) at 3.30pm, which is the highest ever for the national capital in April. The peak power demand had clocked 5,681 MW in Delhi on Tuesday. Sources said the previous record was 5,761 MW, registered just a week before, on April […]

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