Fourth Partner Raises $125 Million Equity Funding Updated On Thu, Jul 1st, 2021 by Saurenergy Hyderabad based Fourth Partner Energy has raised a fresh funding of $125 million for its expansion plans. The big new investor this time is Norwegian investment fund Norfund, that has invested $100 million. Existing investor the RISE fund has invested a further $25 million. Norfund was last in the news for its backing of Italy’s […] Read more
EXIM Bank Extends $40 M to Togo to Power 350 Villages with Solar PV Updated On Wed, Jun 30th, 2021 by Saurenergy Export-Import Bank of India has, on behalf of the Government of India, extended a Line of Credit (LOC) of USD 40 million to the Government of Togo for the purpose of the electrification of 350 villages in Togo through solar photovoltaic systems. India has been on a major outreach among developing countries ever since it […] Read more
MNRE Extends Commissioning Date of RE Projects Due to Covid-19 Updated On Wed, Jun 30th, 2021 by Saurenergy As the nation is struggling to overcome the second wave of the Covid-19, various sectors have been affected along with several projects which couldn’t get commissioned on their stipulated dates. One of them is the Renewable Energy (RE) sector and the RE projects, and now the Ministry of New and Renewable Resources (MNRE) has extended […] Read more
Tata Motors Bags Order of 15 H2-based Fuel Cell Buses From Indian Oil Updated On Wed, Jun 30th, 2021 by Saurenergy Maharashtra-headquartered automobile manufacturing company Tata Motors Limited has announced that it has won a tender of 15 hydrogen-based proton exchange membrane (PEM) fuel cell buses from the Indian Oil Corporation Limited (IOCL). IOCL had invited bids for supply of PEM fuel cell buses in December 2020, and Tata Motors was selected as the winner following […] Read more
Wind & Solar to Produce 90% Electricity in North America by 2050: NARIS Updated On Wed, Jun 30th, 2021 by Saurenergy Canadian Renewable Energy Association (CanREA) has welcomed the release of the North American Renewable Integration Study (NARIS), considered to be the most comprehensive long-term analysis of power system evolution to date on the North American grid. NARIS shows that, between now and 2050, solar energy and wind energy are poised to contribute the greatest proportion […] Read more
India’s Three Battles To Lose Updated On Wed, Jun 30th, 2021 by Saurenergy What, and how India sets about achieving climate goals in the decade to 2030 matters. Not just for the impact it will have on doing our bit on global warming, but also for what it does to shift the country decisively away from our current energy pathways. The decade to 2030 also seems to be […] Read more
1366 Tech & Hunt Perovskite Tech Announce Merger to Form CubicPV Updated On Wed, Jun 30th, 2021 by Saurenergy Massachusetts-headquartered silicon wafer maker 1366 Technologies, Inc. and Dallas-based solar technology company Hunt Perovskite Technologies, L.L.C (HPT) announced yesterday that they have merged their businesses to form a new company called CubicPV — a name that evokes the shared cubic crystal structure of both silicon and perovskite. The merger combines two disruptive technologies – 1366’s Direct […] Read more
ETO Motors Arrives In Hyderabad During ‘Go Electric’ Campaign Updated On Wed, Jun 30th, 2021 by Saurenergy Hyderabad-based electric mobility as a service (EMaaS) provider, ETO Motors showcased its passenger and cargo vehicles ETO TRILUX & ETO Bulke Plus at the launch of the ‘Go Electric’ Campaign in Hyderabad. The campaign has been supported by the Bureau of Energy Efficiency (BEE) and Telangana State Renewable Energy Development Corporation Ltd. (TSREDCO). ETO Motors deploys electric […] Read more
Sterling and Wilson Solar Q4 2021 Results-Heavy Losses Updated On Wed, Jun 30th, 2021 by Saurenergy The Shapoorji Pallonjee Group’s Sterling and Wilson Solar, on Tuesday, announced their March results and the story is not good. Having already informed exchanges about hits the firm took in the quarter from a contractor’s bankruptcy, and other issues, the firm slipped into losses for the year. The firm had earlier issued a warning regarding […] Read more
