Avaada Energy Gets Rs 1,190 Crore SBI Loan For Gujarat Solar Project Updated On Thu, May 2nd, 2024 by Saurenergy Mumbai-based green energy company Avaada Energy has announced that it secured a Rs 1,190 crore loan for a new solar project in Gujarat from the State Bank of India (SBI). The project is located in Surendra Nagar district of Gujarat. According to a statement by the company, the loan has been sanctioned for a 20-year […] Read more
Battery Storage Needs To Be Increased Six Times By 2030 To Meet Global Energy Demand Updated On Tue, Apr 30th, 2024 by Saurenergy After their deployment in the power sector more than doubled last year, batteries need to lead a sixfold increase in global energy storage to enable the world to meet 2030 targets, according to the latest International Energy Agency (IEA) report. Growth in battery outpaced almost all other clean energy technologies in 2023 as falling costs, […] Read more
Grew Energy’s 200 MW Module Contract From SECI To Support Market Building Updated On Thu, Apr 25th, 2024 by Saurenergy Grew Energy has scored in the Solar Energy Corporation of India’s (SECI) auction, clinching the largest share of a 200 MW module supply contract. According to a press release by Grew Energy, the company’s mandate entails the testing, packaging, forwarding, supplying, and transporting of solar PV modules. Grew Energy has been domestically manufacturing solar cells […] Read more
Charging Firms, Energy Companies To Create UPI-Like Network for EV Charging Updated On Fri, Apr 19th, 2024 by Saurenergy Twenty Energy companies have come together to create an Alliance for an open energy network called the Unified Energy Interface (UEI). This UPI-like system is aimed at facilitating seamless payment and transaction interoperability within EV charging networks. The Alliance includes member companies like ChargeZone, Pulse Energy, Kazam, Sheru, Trinity, Turbo, etc. Leading public policy think […] Read more
GM Energy’s US Customers To Get Option To Transfer Power Between EVs and Homes Updated On Fri, Apr 19th, 2024 by Saurenergy As EV technology continues to evolve, GM is working toward elevating the overall ownership experience by introducing new ways for customers to unlock additional value and gain access to the expanded benefits of an all-electric future. Available for the first time as part of its expanding product ecosystem, GM Energy’s initial offerings for residential customers […] Read more
Woochong Um Is CEO At The Global Energy Alliance for People and Planet Updated On Thu, Apr 18th, 2024 by Saurenergy The Global Energy Alliance for People and Planet (GEAPP) has announced the appointment of Woochong Um as its new Chief Executive Officer. Woochong Um will lead GEAPP following his tenure with the Asian Development Bank. GEAPP is a multi-sector alliance created in 2021 to address ending energy poverty and tackling the climate crisis through a […] Read more
Insolation Energy- Soaring Market Cap Delivers Stunning Returns Updated On Fri, Apr 12th, 2024 by Saurenergy Jaipur-based Insolation Energy Limited ( INA Solar), riding on strong operating numbers and the current market fancy for green energy stocks, has raced to the first position by market capitalization on BSE SME & NSE EMERGE platform. With its existing market cap of well over Rs 3300 crores, Insolation Energy Limited (INA Solar), the noted […] Read more
Log9 Materials and Zeta Energy Partner For Advanced Battery Systems Innovation Updated On Fri, Apr 12th, 2024 by Saurenergy Battery cell technology and EV Mobility Ecosystem developer, Log9 Materials and Zeta Energy Corp, a lithium-sulfur (Li-S) battery company, announced today a partnership to create the next generation of cells and batteries. The partnership is set to commence on April 21, during Log9’s annual Day Zero anniversary event. According to Log9 Materials, the partnership offers […] Read more
ReNew Crosses 10 GW Of Gross Renewable Energy Assets Updated On Wed, Apr 10th, 2024 by Saurenergy Sumant Sinha led ReNew, one of the earliest and largest players in the clean energy space in India, announced on Wednesday that it has completed construction of 1.94 GW of RE assets in FY24, taking the cumulative capacity set up by the company to over 10 GW, a major milestone for the firm. Accounting for […] Read more