Pivot Energy Secures $200 Million For 100 MW Distributed Solar Updated On Tue, May 9th, 2023 by Saurenergy American solar power and energy storage developer Pivot Energy has closed a $203 million financing facility to support a multi-state portfolio of distributed generation solar projects. Pivot Energy said that Silicon Valley Bank (SVB) and Foss & Company will make the initial tax equity investment. The 100 MWdc portfolio comprises 35 community solar and C&I […] Read more
Kerala Electricity Board Proposes Premium Green Energy Tariff At Rs 2.5/kwh Updated On Tue, May 9th, 2023 by Saurenergy The Kerala State Electricity Board Limited (KSEBL) recently proposed a premium green energy tariff for power consumers who want to purchase renewable power on demand. In its communication to the State Electricity Commission, the board has proposed a premium tariff of Rs 2.543 per Kilowatt-hour for the supply of clean energy to power consumers in Kerala. In […] Read more
Gurugram-based EV Logistics Firm Zyngo Raises $5 Million Funding Updated On Tue, May 9th, 2023 by Saurenergy Zyngo EV Mobility Private Ltd, a Gurugram-based tech-enabled third-party logistics service provider, has now raised USD five million in a ‘pre-series A’ funding led by Delta Corp Holdings (Delta Corp). It was in addition to the participation from existing investors like LC Nueva Investment Partners LLP. The company said these funds would be used to […] Read more
Five Major Challenges India Can Face in Lithium Mining Updated On Tue, May 9th, 2023 by Saurenergy In the latest development, the Geological Survey of India (GSI) indicated the presence of a large deposit of Lithium in the Degana region of Rajasthan’s Nagaur district. It is the second largest critical mineral discovery after the GSI discovered another significant source in the Reasi district of Jammu and Kashmir in February this year. While […] Read more
Linxon, Available Power Agree For 200 MWh BESS Project Updated On Tue, May 9th, 2023 by Saurenergy US Power management firm Linxon has signed an exclusivity agreement with Available Power for the 100 MW/200 MWh Greenport Battery Energy Storage System (BESS) project in Austin, Texas. Linxon said that this agreement strengthens the relationship between both parties, following their strategic partnership for 1GW of distributed energy storage projects in the ERCOT market. Linxon […] Read more
Seatrium Gets Offshore Wind EPC Contract Worth $377 million Updated On Tue, May 9th, 2023 by Saurenergy Singapore based engineering solutions provider Seatrium Limited, through its wholly-owned subsidiary Sembcorp Marine Offshore Platforms, has secured a contract worth more than S$500 million (USD 377 Million) for two offshore wind farm substations from Empire Offshore Wind. The Empire wind project is a joint venture between Equinor and bp off the United States’ Long Island. […] Read more
Ajmer Discom Gets Relief As RERC Sets Aside SLDC Order On Open Access Charges Updated On Tue, May 9th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC), in its latest order, granted relief to Ajmer Vidyut Vitran Nigam Ltd (AVVNL) in a case related to open access charges. The discom earlier had challenged a 2018 order of the State Load Despatch Centre (SLDC) which directed the discom to pay for the unscheduled interchange (UI) charges to its […] Read more
Enel Green Gets Go-Ahead To Operationalise 163 MW Chilean Solar Project Updated On Tue, May 9th, 2023 by Saurenergy Renewable energy developer and operator Enel Chile, through its subsidiary Enel Green Power, has announced that it has received authorization from the National Electricity Coordinator, an authority of Chilean Government, to begin commercial operations after successfully passing all the tests related to its operations. Enel Green said that the 162.8 MW net power photovoltaic plant […] Read more
Repsol Picks Siemens Gamesa Turbines For Its 200-MW Wind Projects Updated On Tue, May 9th, 2023 by Saurenergy Siemens Gamesa and Spanish petrochemical conglomerate Repsol have confirmed signing of two new contracts under which the global turbine maker will supply 40 units of its SG 5.0-145 onshore turbines for six wind farms in Spain. The total capacity of the six wind farms will be 200 MW. Following this agreement, Repsol will have eight […] Read more
