Author: Saur News Bureau

More Jobs, More GDP & Lower Emissions With Green Recovery Plans: Study

If all major nations developed green recovery plans, global emissions would be lower and millions of new jobs would be created in the energy and transport sectors. If all major nations, including India, the US, UK, etc. developed strong plans for a green recovery from COVID-19, global annual emissions would be seven percent lower in 2030 than […]

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Eos Energy Storage Announces Additional Contract with Carson Hybrid Energy Storage

Eos Energy Storage, a leading manufacturer of safe, low-cost and long-duration zinc battery storage systems, today announced that it has entered into an agreement to supply Carson Hybrid Energy Storage, with six units of Eos Aurora® 500 kWh Zinc Hybrid Cathode Battery Energy Blocks. Eos will manufacture, design and deliver its zinc-based battery solutions to […]

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Capital Dynamics, Sol Systems Finance Renewable Energy Projects Across the US

Capital Dynamics, an independent global private asset management firm, today announced that the joint venture entitled Sol Customer Solutions between its Clean Energy Infrastructure (CEI) business and Sol Systems, one of the most experienced solar finance and development platforms in the United States, has secured a Distributed Generation (DG) Tax Equity Commitment from Bank of America. […]

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Solex Initiates Ground Breaking Ceremony for the Construction of its 1.5 GW PV Module Manufacturing Facility near Surat, Gujarat

Solex Energy earmarked the commencement of this ambitious 1.5 GW solar module manufacturing facility by breaking ground at its factory site near Surat. A few months ago, Solex Energy Limited had announced the expansion of its solar module manufacturing facility to 1.5 GW. The pandemic and the resulting call for being ‘Atma Nirbhar’ had propelled […]

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E-Bike Startup Ultraviolette Raises Capital From GoFrugal in Series B

Electric motorcycle startup Ultraviolette Automotive has raised capital from GoFrugal Technologies as part of its Series B funding round. Electric motorcycle startup Ultraviolette Automotive has announced that it has raised capital from GoFrugal Technologies as part of its Series B funding round. The firm, however, did not disclose the amount of the funds raised from GoFrugal in the B round. In […]

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Scatec Solar acquires SN Power, building a global leader in RE

Scatec Solar has signed a binding agreement to acquire 100% of the shares in SN Power, a leading hydropower developer and IPP, from Norfund for a total equity value of USD 1,166 million. The acquisition forms an important part of Scatec Solar’s broadened growth strategy, with an ambition to become a global large-scale player in […]

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AES Gener to add 253 MW RE and 112 MW Storage to the Grid in Chile

AES Gener is incorporating 253 MW of renewable energy and 112 MW of battery storage into the national electricity system of Chile. AES Gener has announced that it recently held the virtual groundbreaking of the projects, Andes Solar II-B and Campo Lindo. The projects will incorporate four technologies, which will allow the incorporation of 253 […]

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EDFR & Geenex Solar Transact on 4.5 GW Solar Development Portfolio

EDFR North America and Geenex Solar have announced the close of an agreement of up to 4.5 GW pipeline of solar development assets throughout PJM. EDF Renewables (EDFR) North America and Geenex Solar have announced the close of an agreement of up to 4.5 gigawatt (GW) pipeline of solar development assets throughout PJM. The pipeline […]

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