Post IPO, LG Energy Makes Splashy Debut On Exchange, Stock Doubles Updated On Thu, Jan 27th, 2022 by Saurenergy LG Energy Solution, whose IPO we had covered last week, has had a rocking start to its journey as a listed firm, with the stock doubling on its first day of trading on the Korean stock exchange. Seen in the context of weak global markets and the fears of a correction, the listing gains are […] Read more
Airtel Sets Up Its Largest Captive Solar Plant, 21 MW with Avaada Updated On Tue, Jan 25th, 2022 by Saurenergy Telecom operator Bharti Airtel on Tuesday has announced the commissioning of a new 21-megawatt solar power plant in Buldhana district of Maharashtra. The solar plant, spread over 80 acres, has been set up by Airtel in partnership with Avaada to supply clean energy to Airtel’s Nxtra data centres and switching centres in Maharashtra, the company […] Read more
Bengaluru’s Ayana Renewable Crosses 1 GWac Operational Capacity Updated On Tue, Jan 25th, 2022 by Saurenergy Ayana Renewable Power, a renewable energy platform that is majority-controlled by National Investment and Infrastructure Fund (NIIF), has announced that its portfolio has crossed 1 GWac of operational renewable energy (RE) capacity. With an operating portfolio of 1.19 GWac, Ayana is one of the largest RE developers in India, a press release from the company […] Read more
RenewSys Takes Solar Encapsulant Capacity to 3GW Updated On Tue, Jan 25th, 2022 by Saurenergy Mumbai-based RenewSys India has commissioned a new encapsulant (EVA & POE) line this month, taking the company’s total encapsulant manufacturing output to 3 GW, according to a recent press statement. The addition of yet another GW of encapsulant production capacity has also begun, which will ramp up the total capacity to 4 GW, the statement adds. […] Read more
Bangalore’s Ola Electric Raises $200 M at $5 B Valuation Updated On Tue, Jan 25th, 2022 by Saurenergy Ola Electric on Monday said it has raised over $200 million (about Rs 1,490 crore) from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others, valuing the electric vehicle maker at $5 billion. The funding arrives even as the firm has been struggling with production delays and battery issues in the early batches of e-scooters […] Read more
Industry Welcomes Govt Move To Simplify Rooftop Solar Installation Updated On Tue, Jan 25th, 2022 by Saurenergy Last Friday’s (Jan 21) announcement by the Power ministry on rooftop solar guidelines and implementation have been welcomed by industry. While this is by no means unexpected, considering how the new guidelines seek to push more discretion in the hands of the buyer and pushes for faster response from operating and regulating agencies, it remains […] Read more
Tube Investments to form Subsidiary to Increase Focus on Clean Mobility Updated On Tue, Jan 25th, 2022 by Saurenergy Murugappa group company Tube Investments of India (TII) will form a new 100% subsidiary which will consolidate its electric three-wheeler and other EV-related ventures. Through this clean mobility subsidiary, Tube Investments of India (TII) will acquire around 70% controlling stake in Cellestial E-Mobility for an investment of Rs 161 crore. The acquisition would be through […] Read more
Business Development Manager Updated On Tue, Jan 25th, 2022 by Saurenergy Expansion of solar EPC, BoS and I&C business vertical Maharashtra, Gujrat, and North India by exploring and converting leads Data assessment and trend prediction analysis based on historical data Improvement in overall business processing to ensure the transparency between customer and organization. Ability to negotiate and persuade with customers to meet the business requirements. Manage […] Read more
Vistra Announces Expansion Of California Storage Facility To 3000 MWh Updated On Tue, Jan 25th, 2022 by Saurenergy Vistra today announced that it plans to further expand its Moss Landing Energy Storage Facility in Moss Landing, California. The company has entered into a 15-year resource adequacy agreement with Pacific Gas and Electric Company (PG&E) for a new 350-megawatt/1,400-megawatt-hour battery system. This would complement the existing 400 MW/1,600 MWh of energy storage capacity already at the site. On Jan. 21, 2022, PG&E filed its application with the California Public Utilities Commission (CPUC) […] Read more
