Power Minister Calls for International Credit Guarantee and RE Bank for RE Development Updated On Mon, Apr 25th, 2022 by Saurenergy While addressing the round table conference at the International Solar Alliance (ISA) in Gurgaon, Union Minister for Power and New and Renewable Energy, R.K Singh said that the world now requires setting up of an international credit guarantee fund and a renewable energy bank that will help the world with renewable energy projects’ development. The […] Read more
APTEL Overturns BERC Order In 5 MW RE Project, Restores tariff Of Rs 10.90/kWh Updated On Fri, Apr 22nd, 2022 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has recently overturned Bihar Electricity Regulatory Commission’s (BERC) order that rejected a renewable project developer’s plea for extension of the Commercial Operation Date (COD) due to delays created by the procurer. In March 2013, Avantika Contractors India Limited (the project developer) entered into a Power Purchase Agreement (PPA) with Bihar […] Read more
Global Battery Energy Storage Systems Market Set For CAGR Of 27.9% On Grid Modernisation Updated On Fri, Apr 22nd, 2022 by Saurenergy According to an analysis by ESOMAR-certified market research and consulting firm Future Market Insights, the battery energy storage systems market is expected to be valued at US$ 64.92 B in 2032, with 27.9% CAGR during the forecast period. The market’s expansion can be attributed to rising demand for grid energy storage systems due to ongoing grid modernization, increasing […] Read more
Ahmedabad based Tirex Transmission Secures funding of $2 Million Updated On Fri, Apr 22nd, 2022 by Saurenergy TIREX Transmission, a firm focused on EV charger manufacturing has announced the infusion of $2million from an ultra HNI investor. This $2 million funding will fuel Tirex Transmisson Private Limited’s Growth and R&D efforts for international markets where USA is the first country of focus. Founded by Sanskar Patel, Tirex Transmisson Private Limited started its […] Read more
Solar power systems installed in Shimla helped save ₹1.85 cr: HP min Updated On Fri, Apr 22nd, 2022 by Saurenergy Himachal Pradesh urban development minister Suresh Bhardwaj said on Thursday that solar power systems installed in 66 government buildings in Shimla had saved electricity worth Rs 1.85 crore. He said the Smart City mission had given the state a successful model of solar energy. In a press statement issued in Shimla, the minister mentioned, “First, the […] Read more
Atul Greentech Partners with Honda and Valeo to Make Electric Vehicles Updated On Fri, Apr 22nd, 2022 by Saurenergy Gujarat based Indian electric vehicle player Atul Greentech Private Limited (AGPL) has announced that the company has collaborated with Honda Power Pack Energy India Private Limited and Valeo to develop electric vehicles in India that will feature battery swapping solutions. Atul Greentech is a subsidiary of Atul Auto Limited, which has specialised in three wheeler […] Read more
America’s Renewable Energy Project Completions Stumble Updated On Fri, Apr 22nd, 2022 by Saurenergy The Global Marketing Intelligence (GMI) platform of Industrial Info Resources (IIR) has found that the renewable power projects in the United States of America have slowed in the near past due to several reasons. It has said that various factors like the COVID-19 pandemic, supply-chain problems, lack of skilled workers, tariffs on imported materials and […] Read more
Log9 Materials Commissions Cell Manufacturing Facility At Bengaluru Updated On Fri, Apr 22nd, 2022 by Saurenergy Bengaluru-headquartered advanced battery-technology and deep-technology startup Log9 Materials has started India’s first indigenously-developed cell manufacturing facility at Log9 campus, Jakkuru, Bengaluru. Making cells indigenously is a key target for the country’s self reliance plans and to meet future electric mobility goals. This state-of-the-art cell manufacturing facility built by Log9 is going to be South East […] Read more
Siemens Gamesa to sell European RE assets to SSE for €580 million Updated On Thu, Apr 21st, 2022 by Saurenergy Renewable Energy major Siemens Gamesa has announced that it has entered into an agreement with Scotland-based SSE Renewables to sell its South European renewables development assets for a total cash consideration of €580 million. The official statement says that the sale includes a pipeline of onshore wind projects that have a total capacity of 3.9 […] Read more
