E-Bike Startup Ultraviolette Raises Capital From GoFrugal in Series B Updated On Tue, Oct 20th, 2020 by Saurenergy Electric motorcycle startup Ultraviolette Automotive has raised capital from GoFrugal Technologies as part of its Series B funding round. Electric motorcycle startup Ultraviolette Automotive has announced that it has raised capital from GoFrugal Technologies as part of its Series B funding round. The firm, however, did not disclose the amount of the funds raised from GoFrugal in the B round. In […] Read more
Adani to Complete 1 GW Transmission Line to Mumbai by Dec’ 2021 Updated On Mon, Oct 19th, 2020 by Saurenergy Adani Transmission has vowed to execute a transmission line project which will enhance the power supply by 1 GW to Mumbai, by the end of next year Adani Transmission has vowed that it will be able to execute a transmission line and substation project at suburban Vikhroli which will enhance the power supply by 1,000 MW (1 GW) to […] Read more
Power Consumption has Returned to Normal, Over 11% Growth in October Updated On Mon, Oct 19th, 2020 by Saurenergy India’s power consumption grew 11.45 percent to 55.37 BU in the first half of October this year, mainly driven by buoyancy in C&I activities. India’s power consumption grew 11.45 percent to 55.37 billion units (BU) in the first half of October this year, mainly driven by buoyancy in industrial and commercial activities, as per government data. According to the power ministry […] Read more
Fluence Acquires Advanced Microgrid Solutions’ AI-Driven Software and Digital Intelligence Platform for Renewables and Energy Storage Updated On Sat, Oct 17th, 2020 by Saurenergy Fluence, a Siemens and AES company, today announced it has acquired the digital intelligence platform of AMS, the leading provider of A.I.-enabled optimized bidding software for utility-scale storage and generation assets. The combination of the two companies’ technologies will help utilities, developers, and commercial and industrial customers optimize energy storage and flexible assets to deliver […] Read more
Green Term-Ahead Market Will Boost RE Trading in India Updated On Fri, Oct 16th, 2020 by Saurenergy By August 2020, India had 88 gigawatts (GW) of installed renewable energy capacity. In the pipeline, as of June 2020, there was 47 GW of solar, wind and hybrid projects with another 24 GW of projects in the bidding phase (where tenders have been issued but auctions are yet to complete). And the start of trading on August 21, […] Read more
GE Selected by SB Energy for 327 MW Wind Plant in Madhya Pradesh Updated On Fri, Oct 16th, 2020 by Saurenergy GE Renewable Energy has been selected by SB Energy to supply, install and commission 121 wind turbines, cumulating 327 MW, in Madhya Pradesh. GE Renewable Energy has announced that it has been selected by SB Energy (SoftBank Group) to supply, install and commission 121 sets of its 2.7-132 onshore wind turbines, cumulating 327 MW, to […] Read more
Wind Energy arm of CLP India Raises Nearly Rs 300 Crore via Green Bonds Updated On Thu, Oct 15th, 2020 by Saurenergy CLP Wind Farms (India) has raised Rs 296.9 crore through non-convertible debentures/ green bonds. CLP Wind Farms (India), the wind energy subsidiary of CLP India, has announced that it has raised Rs 296.9 crore through non-convertible debentures/ green bonds. “CLP Wind Farms (India) Private Ltd, a subsidiary of CLP India Private Ltd (CLP India), has […] Read more
Sungrow Receives World’s 1st DC Arc Detection and Interruption Technical Report Updated On Thu, Oct 15th, 2020 by Saurenergy Sungrow has announced that it received the world’s first DC arc detection and interruption technical report issued by TÜV SÜD. Sungrow, a leading global inverter solution supplier for renewables, has announced that it received the world’s first DC arc detection and interruption technical report issued by TÜV SÜD. The report outlines that the Sungrow SG110CX […] Read more
CCI Approves Acquisition of AGE’s Solar Assets by Adani-Total JV Updated On Thu, Oct 15th, 2020 by Saurenergy CCI has approved the acquisition of solar energy generation assets of AGE10L by AGE23L, which is the JV controlled by Total Solar and Adani Green Energy. The Competition Commission of India (CCI) has approved the acquisition of solar energy generation assets of Adani Green Energy Ten Limited (AGE10L) by Adani Green Energy Twenty-Three Ltd (AGE23L), […] Read more
