Author: Saur News Bureau

Ubiquitous Energy Raises $30 M to Push Transparent Solar Window Tech

Ubiquitous Energy, which makes transparent photovoltaic glass coating that harnesses solar power to generate energy, all while remaining visibly indistinguishable from traditional windows, closed a $30 million Series B funding round late last year. Including this Series B round, a total of $70 million of funding has been raised by the company to date to […]

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Green Tech Firm Hydrostor Bags $250 M Invt from Goldman Sachs

Canadian long-duration energy storage solution provider Hydrostor has secured a financing commitment of US$250 million from Goldman Sachs Asset Management’s private equity and sustainable investing businesses, an official statement said. The investment proceeds will be used to support the development and construction of Hydrostor’s 1.1GW, 8.7GWh of Advanced Compressed Air Energy Storage (A-CAES) projects in […]

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APTEL Reinstates Inox Subsidiary’s 50MW Wind Project

Inox Wind on Wednesday said the Appellate Tribunal for Electricity (APTEL) has reinstated a 50 MW wind energy project in Kutch being undertaken by its arm at a tariff of Rs 3.46 per unit. “Appeal No. 292 of 2021 filed by Wind Four Renergy Private Ltd (WFRPL), a wholly owned subsidiary of Inox Green Energy […]

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Inverter Maker Ingeteam Equips Spain’s 1st Solar+Storage System

Spanish inverter manufacturer Ingeteam recently revealed that the company was chosen by electric utility Iberdrola to be its technology partner for the purpose of equipping its solar plant at the Campo Arañuelo photovoltaic complex, Spain, with a battery energy storage system solution. The 40 MW Arañuelo III photovoltaic plant is already in operation, reportedly the first large-scale […]

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Mumbai-based Artha Energy Launches RE Invt Platform

Mumbai-based Artha Energy Resources on Wednesday announced the launch of RenewShare, a renewable energy investment platform, that enables fractional ownership of renewable energy (RE) assets in the country. Launched as an autonomous investment platform, RenewShare caters to investors interested in diversifying their existing portfolio while being a part of the fast-growing RE landscape in India, […]

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EDF Renewables-DP Energy JV to Build 1 GW Floating Wind Project in UK

EDF Renewables UK has created a joint venture with project developer DP Energy to generate up to 1 gigawatt (GW) of wind power from floating turbines in the Celtic Sea, it said on Wednesday. The floating offshore wind project, ‘Gwynt Glas’, will likely span English and Welsh waters south of Ireland. The partners have identified […]

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PGCIL Inks Pact with Africa50 for Kenya Transmission Project

State-owned Power Grid Corporation of India Ltd (PGCIL) has inked a pact with pan-African infrastructure investment platform Africa50 to continue the development of the Kenya Transmission Project on a public-private partnership basis. According to a statement by the power ministry, the project entails the development, financing, construction, and operation of the 400kV Lessos-Loosuk and 220kV […]

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2022’s First Big Tender Is SECI’s 1200 MW Tranche XIII Wind Tender

In its first big tender for 2022, the Solar energy Corporation of India (SECI) has gone with wind, inviting bids to develop 1,200 MW of interstate transmission system (ISTS)-connected wind power projects (Tranche XIII). The tender leaves the onus of identifying and arranging land on the bidders, a factor that has caused immense delays in […]

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