US Investment Platform CleanCapital Invests in Largest Solar Project in Alaska Updated On Thu, Aug 18th, 2022 by Saurenergy Renewable energy investment platform, CleanCapital has announced a corporate investment in Alaska-based solar developer Renewable IPP. The company has also made a commitment to fund an 8.5 megawatt (MW) solar project and the future development of a pipeline. The official statement of CleanCapital read that when completed, the 8.5 MW solar project, which will supply […] Read more
Ola Electric Set To Launch Its First Electric Car by 2024 Updated On Wed, Aug 17th, 2022 by Saurenergy Ola Electric has announced last Monday that it is set to launch its first electric car by 2024. The company, which had trouble with deliveries of its electric scooters after making its exact one-year debut into the market, has set an ambitious goal of selling 10 lakh electric cars by 2026–2027. Ola founder and CEO […] Read more
AI Powered Solar Startup Renkube Raises 2.4 Cr in Seed Round By CIIE.CO Updated On Wed, Aug 17th, 2022 by Saurenergy Bangalore-based renewable energy-focused deep tech AI startup Renkube has announced that it has secured Rs. 2.4 crores ($300K) in a seed round led by CIIE.CO. JITO Angel Network and K4 Forum Mumbai Network also participated in this round. Halliburton Labs, a wholly owned subsidiary of Halliburton Company is participating via Renkube’s selection to its clean […] Read more
CERC Proposes Generic Tariffs For Hydro, Biomass Projects In FY23 Updated On Wed, Aug 17th, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) has proposed tariffs ranging between ₹4.76–5.84 per kilowatt hour (kWh) for several small-scale hydro projects across the Indian states for FY23. For hydro projects under 5 megawatts (MW) in the states of Himachal Pradesh, Uttarakhand, West Bengal, and North Eastern States, and Jammu and Kashmir and Ladakh, CERC has […] Read more
Mahindra & Volkswagen Expand Collaboration To Speed Up Indian EV Sector Updated On Wed, Aug 17th, 2022 by Saurenergy The Volkswagen Group and Mahindra & Mahindra Ltd (M&M) recently declared that they will be furthering their collaboration. Earlier this year, the two companies signed a term contract for the delivery of MEB electric components for Mahindra’s new, specifically designed electric platform, INGLO. Five all-electric SUVs with MEB components are included in the cooperation, which […] Read more
France’s Total Eren To Develop 2 GW Solar Farm, 1 GW Green Hydrogen Project In Australia Updated On Wed, Aug 17th, 2022 by Saurenergy France-based renewables developer Total Eren is evaluating the possibilities for setting up a 2 GW solar park that will help power a 1 GW green hydrogen project in Australia’s Northern Territory (NT). This will bring up the state’s total capacity of green H2 projects under construction to 13.8 GW. The proposed Darwin H2 Hub will […] Read more
German Financial Services Provider ALH Group Acquires 16 Solar Farms From EnBW Updated On Wed, Aug 17th, 2022 by Saurenergy Germany-headquartered financial services provider, Alte Leipziger Hallesche (ALH Group) has revealed that it is indirectly acquiring 49.9% of a portfolio of sixteen solar farms with a combined capacity of 597 MW belonging to Energie Baden-Wurttemberg AG (EnBW). As per the agreement, Weesow, Gottesgabe, and Alttrebbin solar projects are also part of the portfolio. The company […] Read more
Some Reassurance for Industry In Prime Minister’s I-Day Speech Updated On Wed, Aug 17th, 2022 by Saurenergy In his Independence Day speech on August 15, the Prime Minister’s advocacy for energy independence (Energy Self Sufficient Nation) must have been reassuring for industry in India. The stress on energy independence was noticeable as the Prime Minister launched into an exhortation to think big for the country. The announcement, coming at a time of […] Read more
Power Ministry Puts Phase-1 Of Emission Control Gear On Hold Basis IIT Report Updated On Wed, Aug 17th, 2022 by Saurenergy The Indian Power Ministry has been effectively implementing pollution management methods (emission control) in selected energy crops to examine the benefits before rolling out the predicted 2 lakh crore of funding in all initiatives that would raise electrical energy rates. The government has indicated that the application of Flue-gas desulfurization (FGD) techniques increases carbon dioxide […] Read more
