Author: Saur News Bureau

NTPC Green Arm Seeks Consultants for 325 MW Solar Projects In MP

NTPC Renewable Energy Ltd, a wholly owned subsidiary of NTPC Ltd, has invited online bids for conducting a geotechnical investigation for the company’s 105 MW and 220 MW solar PV projects situated in Shajapur district, Madhya Pradesh. The deadline for bid submission is December 24, 3:00 PM. The bids will open on the same day […]

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Sentient Labs Offers India’s First “Made in India” Hydrogen Fuel Cell Bus

 Sentient Labs, an R&D innovation lab, building on technologies incubated by KPIT Technologies Ltd, demonstrated India’s first truly indigenously developed Hydrogen Fuel Cell Bus. The Hydrogen Fuel Cell Technology has been developed in collaboration with CSIR (Council of Scientific and Industrial Research)-NCL (National Chemical Laboratory) and CSIR-CECRI (Central Electrochemical Research Institute). Sentient Labs’ has been […]

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Carbon America Closes $30 M Series A to Scale Up its CCS Tech

Carbon America, a vertically integrated carbon capture and sequestration (CCS) developer, has secured $30 million in Series A funding to deploy commercial projects and scale up its technology. Participating investors include the Canada Pension Plan Investment Board (CPP Investments), ArcTern Ventures, Energy Impact Partners, the Grantham Environmental Trust’s Neglected Climate Opportunities Fund, and Golden Properties. […]

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Shell Acquires Solar And Energy Storage Developer Savion

Shell New Energies US LLC, a subsidiary of Royal Dutch Shell plc (Shell), has signed an agreement to buy 100% of Savion LLC (Savion), a large utility-scale solar and energy storage developer in the United States, from Macquarie’s Green Investment Group. With this acquisition, Shell expects to significantly expand its global solar portfolio. “Savion’s significant asset pipeline, highly […]

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Acquisitions in India’s RE sector Up Over 300% in Value terms in 2021

The total value of acquisitions in India’s renewable energy sector surged by more than 300% to $ 6 billion in the first ten months of 2021 (till October) from less than $1.5 billion reported in 2020, according to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF) and the International Energy […]

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E-mobility Tech Platform MoEVing Raises $5 M in Seed Capital

Indian e-mobility technology platform MoEVing has announced its total seed funding of USD 5 million, including USD 1 million raised earlier this year, from entrepreneurs, private equity and investment banking professionals and automotive industry experts. The investors in the latest round include D.S. Brar, Promoter-Chairman, Aragen Life Sciences; Anshuman Maheshwary, COO, IIFL Wealth and Asset […]

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2021 Confirmed As Record Year For Solar Capacity With 11 GW Crossed

With the December numbers yet to be tallied, India has already added about 11.1 GW of solar capacity from January 2021 till November 2021, which is about 249% higher compared to the installations done in 2020, a new report by JMK Research & Analytics(JMK) says. These numbers are broadly in line with the industry figures […]

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Rays Power Infra to Build 500 MW Solar Park in Rajasthan

Rays Power Infra has signed a Memorandum of Understanding (MoU) with the Rajasthan government for constructing a solar power plant with the capacity to generate 500 MW of green electricity. During the ongoing Dubai Expo, the parties finalized the agreement to reduce traditional electricity consumption derived from non-renewable sources. Pawan Sharma, Director, Rays Power Infra, […]

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Global Installed Wind Power Capacity to Grow at 9% Annually till 2030

Global wind power capacity is expected to grow at a cumulative annualised growth rate (CAGR) of 9% between 2021 and 2030, according to a new report by Wood Mackenzie, a Verisk business. By the end of the decade, cumulative global wind power capacity is projected to hit over 1,756 gigawatts (GW). Wood Mackenzie’s Q4 forecast […]

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