Solar EPC Prozeal Infra Pockets $4 Million Series A Funding Updated On Tue, Apr 4th, 2023 by Saurenergy Ahmedabad-based Solar EPC firm Prozeal Infra Engineering Private Limited has announced their first round of funding led by Chandrakant Gogri’s family office arm – Alchemie Ventures. The $4 Million (approx. INR 32.5 Crore) investment is for a minority stake at an undisclosed valuation. The funds will be used to scale operations and execute developer-model projects […] Read more
Australian Renewable Energy Agency Invites EOI For Grid-Connected Community Batteries Updated On Tue, Apr 4th, 2023 by Saurenergy Last year, Australia’s government made an announcement about the $200 million in grant funding for the Community Batteries for Household Solar Program. The initiative is aimed at delivering community batteries to lower electricity bills and emissions while also aiding storage of excess solar energy, and curbing grid pressure. Now, a new round of grant funding […] Read more
CEEW Study Flags Concentration Of Clean Energy Manufacturing As Global Risk Updated On Tue, Apr 4th, 2023 by Saurenergy Two studies conducted by the researchers at the Council on Energy, Environment and Water (CEEW) have batted for an interrupted and affordable supply of critical clean energy technologies across the globe. The report said this was needed for achieving the Sustainable Development Goals (SDGs) and for a risk-free energy transition towards renewable energy. The Indian […] Read more
Vibrant Energy Places 130 MW Order with Vestas for Indian Projects Updated On Tue, Apr 4th, 2023 by Saurenergy Danish wind energy major Vestas and Hyderabad-based Vibrant Energy have signed a deal for two wind projects in India. As part of the order, Vestas will supply a total of 36 units of V155-3.6 MW turbines. Vestas said that this is its second order from Vibrant Energy in India in less than a year. With […] Read more
Google to Buy Wind Energy from Ørsted for US Datacenters Updated On Mon, Apr 3rd, 2023 by Saurenergy In a quest to step-up the decarbonisation of its activities, tech giant Google has signed a 150 MW PPA with Danish energy major Ørsted for the purchase of renewable energy generated by Helena Wind Farm for the next 15 years. The Ørsted wind project was commissioned last year and provides low-cost electricity to the South […] Read more
Government Plans For Bids Totaling 250 GW of Green Energy By March 2028 Updated On Mon, Apr 3rd, 2023 by Saurenergy A government memo has revealed that India will be issuing tenders for the installation of 250 GW of green energy capacity in the country by March 2028. According to the Government memo, India will be inviting bids from developers for the installation of 15 GW of renewable energy capacity each in the starting two quarters […] Read more
US State Of Maryland Quadruples Offshore Wind Target To 8.5 GW, Set To Pass Law Updated On Mon, Apr 3rd, 2023 by Saurenergy The state of Maryland in the US has set a new target of offshore wind energy in a quest to achieve the national goal of zero carbon emission and combat climate change. Maryland governor Wes Moore said during the International Partnering Forum, 2023, in Baltimore that the state has now more than quadrupled the previous […] Read more
GE, Siemens Gamesa Settle Patents Dispute Outside Courts Updated On Mon, Apr 3rd, 2023 by Saurenergy Global wind energy conglomerates GE and Siemens Gamesa have announced that they have reached an amicable settlement to end both their legal cases regarding patent disputes in connection with the Haliade-X wind turbine. The two firms have multiple pending cases in Europe and the US. Both GE and Siemens Gamesa have kept the settlement terms confidential. […] Read more
China’s New Emission Standards Could Squeeze Auto Makers Further In Largest Auto Market Updated On Mon, Apr 3rd, 2023 by Saurenergy The electric vehicle (EV) industry has disrupted the Chinese auto market, the world’s largest today, for good. China has been careful to ensure that domestic firms lead the EV boom, even while allowing Tesla and other incumbents to have a play in the Chinese market too. However, with most outside majors plying mostly ICE vehicles […] Read more