EU PPA Market Shines with 7.8 GW of New RE Contracts To Date Updated On Fri, Oct 27th, 2023 by Saurenergy RE-Source Platform, a corporate renewable energy platform for energy buyers and suppliers, has made significant observations about the rising volumes of corporate PPAs signed for renewable energy in the EU. The Platform has made the following observations and recommendations to facilitate PPAs- Record-breaking year in the EU PPA market with companies procuring 7.8 GW of […] Read more
Inlyte Gets $8 M For Cheap, Grid Scale Iron and Sodium Batteries Updated On Fri, Oct 27th, 2023 by Saurenergy Berkeley, California based Inlyte Energy announced its $8 million seed funding to be used to develop the first generation of its grid batteries made with the most abundant materials – iron and table salt. Inlyte’s solution leverages the proven design of the previously-commercialized sodium metal halide battery to create an energy storage system with high efficiency, […] Read more
SPDA Chalks Out New Brand Identity Updated On Fri, Oct 27th, 2023 by Saurenergy SPDA, or the Solar Power Developers Association, an independent industry association committed towards promoting the renewable energy space, has made a strategic decision to rebrand itself as ‘Sustainable Projects Developers Association’ (SPDA). The new brand identity reflects the association’s transition from representing pure-play renewable energy developers to that of representing end-to-end provider of solutions across […] Read more
Canadian Solar’s e-STORAGE Lands 1 GWh Energy Solutions Project in Arizona Updated On Fri, Oct 27th, 2023 by Saurenergy e-STORAGE, an arm of Canadian Solar Inc., has received a supply and integration contract worth 1 GWh DC in Arizona. Under the agreement, e-STORAGE will offer energy storage solutions for DEPCOM Power, Inc. and Tucson Electric Power (TEP). The project boasts rated capacity of 200 MW and comes with an aggregate storage of 800 MWh […] Read more
Suzlon Wins Repeat Order from Juniper for 50.4 MW Capacity Updated On Fri, Oct 27th, 2023 by Saurenergy Renewable energy solutions provider Suzlon has secured a new order for 50.4 MW for their 3 MW series turbines. The order has come from Juniper Green Energy Private Limited. Suzlon will install 16 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower of their new product with a rated capacity of 3.15 MW […] Read more
Battery Waste Management Rules 2023 Laid Down Updated On Fri, Oct 27th, 2023 by Saurenergy The Ministry of Environment, Forest & Climate Change has issued Battery Waste Management (Amendment) Rules, 2023 (BWMR 2023). The BWMR 2023 lays down the mandatory waste battery collection, recycling or refurbishment targets for electric vehicles battery of three wheelers, including E-rickshaw, categories L5, L5-M, L5-N, E-cart. Compliance Cycle: 2026-27, 2032-33 For the year 2026-2027, the […] Read more
October Solar Additions Equal To Full 2022 As Europe’s Solar Romance Blooms Updated On Fri, Oct 27th, 2023 by Saurenergy Rystad Energy Research reports that Europe’s solar installation levels are exceeding expectations, with the amount installed in October 2023 already matching the total installed in all of last year. Rystad Energy modeling forecasts new solar capacity additions will grow 30% this year versus 2022, surpassing 58 gigawatts direct current (GWDC) of new panels by the […] Read more
REMCL is Selecting Project Developers for 750 MW RTC Power Updated On Fri, Oct 27th, 2023 by Saurenergy Railway Energy Management Company (REMC) Ltd., a subsidiary of RITES Ltd, for and on behalf of Indian Railways, has invited bids in single stage two packet system for selection of project developers for supply of 750 MW Round-the-Clock (RTC) power from grid-connected renewable energy (RE) power projects, with or without storage. The last date and […] Read more
EV Maker Ola Takes Home INR 3,200 in Fundraising Round Updated On Fri, Oct 27th, 2023 by Saurenergy Bengaluru’s electric vehicle firm Ola Electric has closed INR 3,200 crore in its fundraising round. The funds were raised from from marquee investors led by Singapore-based Temasek and project debt from State Bank of India respectively. The funds would be used be employed towards the expansion of Ola’s EV business and the establishment of a […] Read more