Author: Saur News Bureau

New RE Policy in Maharashtra to Attract Rs 75,000 Cr Investments: Raut

The new RE policy of Maharashtra will attract investments of Rs 75,000 crore in the state per Energy Minister Nitin Raut. The new renewable energy (RE) policy of Maharashtra will attract investments to the tune of Rs 75,000 crore in the state according to state Power and New & Renewable Energy Minister Nitin Raut. The minister made the […]

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Tata Motors Celebrates 1st Anniversary of its EV Tata Nexon launch

Tata Motors has announced the first anniversary celebrations of its popular electric SUV, the Tata Nexon EV. Since its launch a year ago, the Nexon EV has shown constant growth and became India’s highest-selling electric vehicle, leading a market share of 64 percent (YTD FY21). The all-electric SUV, Tata Nexon has been admired for its design, zero-emission […]

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Statkraft and Aker Offshore Wind explore project opportunities in Norway

Statkraft, Europe’s largest renewable energy producer, Aker Offshore Wind and Aker Horizons have signed a cooperation agreement to explore offshore wind project opportunities in Norway. The companies will combine their strong, complementary skills and expertise to work together to explore the possibility to develop, operate and deliver power from commercial-scale offshore wind facilities in Norway. Last year, the Norwegian government announced it will open for applications for licenses for the development of wind power in […]

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AES Commissions Alamitos Energy Storage Facility in Long Beach, California

Fluence Battery Storage System Will Increase the Delivery of Reliable, Sustainable Energy for Southern California Customers The AES Corporation has commenced operations of the Alamitos battery energy storage system (BESS), one of the world’s largest battery storage systems in operation today. The BESS, a stand-alone energy storage facility for local capacity, will provide up to 400 […]

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EDF Renewables Acquires Remaining Interest in EnterSolar

Investment Capitalizes on Accelerating Growth in C&I Solar Market EDF Renewables North America (EDFR), a leading developer in the renewable energy sector, today announced its 100-percent acquisition of EnterSolar, a national provider of distributed generation solar solutions to corporate commercial and industrial (C&I) customers. EDF Renewables previously held a 50-percent interest in EnterSolar in a strategic partnership […]

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Loanpal Receives $800+ Million in First External Investment Round

Loanpal, a leading point-of-sale payment platform for sustainable home solutions, has announced its first external investment round of $800+ million Loanpal, a leading point-of-sale payment platform for sustainable home solutions, has announced its first external investment round of more than USD 800 million led by NEA and WestCap Group, as well as Brookfield Asset Management, Riverstone Holdings […]

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SolarArise Commissions 75 MW Solar Plant in Uttar Pradesh

ThomasLloyd, an investor in Gurugram based SolarArise announced that SolarArise India Projects has commissioned a 75 Megawatt (MW) solar PV plant in Khera village, Budaun District, Uttar Pradesh. Jakson Limited was given the mandate to build by SolarArise. The firm was founded in 2014 by  James Abraham, Anil Nayar and Tanya Singhal backed by GEEREF, […]

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Spain Continues Solar Resurgence With 2 GW Allocations At Auctions

At an average price of Rs 2.16/KwH and a lowest of Rs 1.31/KwH, solar prices continue to drive out wind energy from renewable auctions. Spain, which has had a solar boom of sorts ever since its first large 3 GW auction in 2017, has delivered yet another boost to solar capacity growth in the second […]

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CESC, Exide Partner For First Large BESS Project In Bengal

Kolkata Discom CESC and Exide, India’s largest battery manufacturer have partnered on a grid connected 315 kWh battery energy storage systems (BESS) at low tension (LT) distribution system for better peak load management. The project is the first of its kind for West Bengal at this scale. CESC is part of the RP-Sanjiv Goenka Group. […]

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