Log9 Materials Raises Fresh Funding Led By Amara Raja Batteries Updated On Fri, Sep 16th, 2022 by Saurenergy Electric vehicle focused advanced battery platform Log9 Materials has raised $9.65 million (Rs 77 crores) from Amara Raja Batteries. This is the second round led by Tirupati-based batteries manufacturer in Log9 in the past year. With this round, Amara Raja Batteries now holds a 15.4% stake in Log9. The funding round appears to be still […] Read more
Neuman & Esser, Ballard Invest in Quantron for Hydrogen-Based Mobility Updated On Fri, Sep 16th, 2022 by Saurenergy Leading fuel cell expert Ballard Power Systems from Canada and the German hydrogen system specialist Neuman & Esser have announced that they are investing in Quantron AG as part of a financing round totaling up to EUR 50 million. With a company valuation of EUR 250 million, Neuman & Esser acquires a minority stake and […] Read more
Tata Power Solar Receives LoA For 100 MW Project From SJVN Updated On Fri, Sep 16th, 2022 by Saurenergy To build a 100 MW ground-mounted solar project for an Indian public sector undertaking firm SJVN Ltd (Satluj Jal Vidyut Nigam Limited), Tata Power Solar was given a “Letter of Award” (LoA) worth Rs. 612 crores. Tata Power Solar is a solar EPC business and wholly owned subsidiary of Tata Power Renewable Energy. The Government […] Read more
UPL Burnishes Green Cred With Green Power Deal Updated On Fri, Sep 16th, 2022 by Saurenergy Global Agri solutions firm UPL Limited has announced a joint venture with CleanMax Enviro Energy Solutions, a Mumbai-based renewable energy company, to establish a hybrid solar-wind energy power plant in Gujarat, India. UPL and CleanMax will set-up and operate a hybrid captive power plant with a capacity of 28.05 MW of solar power and 33 […] Read more
EV Charging Firm Terawatt In $1 Billion Funding Deal Updated On Fri, Sep 16th, 2022 by Saurenergy San Francisco based startup TeraWatt Infrastructure has raised over $1 billion from investors to expand a network of charging centers across the US focused on electric vehicle fleet customers. The Four-year-old TeraWatt Infrastructure came out of stealth mode in May 2021 , and has been co-founded by investment adviser Keyframe Capital. Cyrus Capital also funded […] Read more
Siemens Commissions One of Germany’s Largest Green Hydrogen Facility Updated On Fri, Sep 16th, 2022 by Saurenergy Global RE conglomerate Siemens has said that it has commissioned one of Germany’s largest green hydrogen generation plants in Wunsiedel, Upper Franconia. Bavaria’s Minister-President Markus Söder, Siemens Managing Board member Matthias Rebellius and Financial Services CEO Veronika Bienert handed over the plant to the operating company WUN H2, represented by Managing Directors Thilo Rießner and […] Read more
Prozeal Infra Secures 14 MW of Solar EPC Tender from Gujarat State Electricity Corp. Updated On Fri, Sep 16th, 2022 by Saurenergy Gujarat State Electricity Corporation Ltd (GSECL) has awarded an 14 MW of solar EPC contract to Ahmedabad- based solar EPC company Prozeal Infra. The projected bid value for this EPC LOA was 82.23 Cr. Design, engineering, supply, procurement, construction, testing, and commissioning will be handled by Prozeal Infra, along with five years of operation and […] Read more
Pine Gate Renewables Executes 1 GW of Power Purchase Agreements Updated On Fri, Sep 16th, 2022 by Saurenergy North Carolina, US based Pine Gate Renewables has announced that it has successfully contracted nearly 1 GW of late-stage solar development projects. Pine Gate claims to be a leading renewable energy developer for utility-scale solar and storage. The official statement of Pine Gate Renewables held that the combined Power Purchase Agreements (PPAs) support enough energy […] Read more
Empower Energies, Redflow In Tie-up for Solar and Flow Battery Solutions in North America Updated On Fri, Sep 16th, 2022 by Saurenergy US based renewable energy player Empower Energies and Australian company Redflow have signed a ‘Letter of Intent’ to develop integrated solar and flow battery solutions for the North American commercial and industrial (C&I), remote community micro grid, and utility markets. The official statement of Empower Energies held that the integrated solar and Redflow energy storage […] Read more
