Finnish Energy Tech Firm Capalo AI Raises Pre-Seed Funding Worth €500,000 Updated On Wed, Oct 11th, 2023 by Saurenergy Finnish energy tech startup Capalo AI has raised €500,000 in pre-seed funding. The funding round was led by Innovestor Tech Fund, with Inventure also participating. Capalo AI will use the funding to further develop its virtual power plant (VPP) and multi-market optimization AI, as well as scale up its team with talented mathematicians and cloud service professionals. With the […] Read more
Rajasthan Notifies Renewable Energy Policy: Solar Keeps Wind In Shadow Updated On Sat, Oct 7th, 2023 by Saurenergy This week has turned out to be an eventful when it comes to the renewable energy policy landscape with the two leading states in capacity additions- Gujarat and Rajasthan unveiling their Renewable Energy Policies. Ambitions The policy newly unveiled policy strives for 90 GW of solar capacity in the state by decade-end. It also eyes […] Read more
Reliance Announces Battery Plans With Launch of Swappable Batteries Updated On Thu, Oct 5th, 2023 by Saurenergy The REI Expo, where Reliance Industries has been marking presence gradually over the past two years with technologies it plans to introduce to the renewable sector finally saw the first formal product, in the form of swappable, multipurpose batteries for electric vehicles and home appliances from India’s largest private sector group. The batteries from Reliance, […] Read more
WBSEDCL Invites Bids for Supply of Spare Parts for 225 MW Pumped Storage Project Updated On Mon, Sep 25th, 2023 by Saurenergy West Bengal State Electricity Distribution Company Limited (WBSEDCL) has issued a tender for the supply and delivery of spare parts of intercom system under the command area of Purulia Pumped Storage Project of 225 MW (4 x 225 MW) Site, Purulia, Bagmundi, West Bengal. The cost of the project is pegged at INR 170730. The […] Read more
Shell Energy To Invest Rs 2200cr For Renewable Projects in Gujarat Updated On Thu, Aug 24th, 2023 by Saurenergy Shell Energy India has joined hands with the State government of Gujarat, where it will invest Rs 2200 crore to set up a renewable energy facility. The MoU towards this was signed in the presence of Gujarat Chief Minister Bhupendra Patel and Minister of State, Harsh Sanghavi. The renewable energy generation project will be established […] Read more
Tata Power Plans to Add 2.5 GW of Solar Power In FY24 Updated On Fri, Aug 18th, 2023 by Saurenergy Tata Power, an electricity generation company, has planned to add 2.5 Gigawatt (GW) of solar energy in FY24, the company’s top management said in its latest investors call. The company recently submitted the call details to the Bombay Stock Exchange (BSE) in its self-disclosure. The decision comes after an unexpected consumption increase of only 1.5% […] Read more
The Top 5: Improbable Energy Storage Possibilities Turned into Reality Updated On Wed, Aug 9th, 2023 by Saurenergy The storage for renewable energy in particular has become one of the main talking points in the energy industry across the globe for the sake of transition to a green future. Intermittent energy sources like wind and solar power often lack the ability, or fall short in their capacity, to accommodate postponed usage. Thus, there […] Read more
Global e-Bus Market Soars As Nations Embrace Emission-Free Transportation Updated On Tue, Aug 1st, 2023 by Saurenergy A recent report on the global electric market claimed that the Greenhouse Gas (GHG) emission reduction targets pushed the international bus makers to opt for electric alternatives. The report was published by Reportlinker, a technology research and development company having expertise in artificial intelligence and machine learning. The report highlights the significant reduction in GHC […] Read more
Log9 Materials & Hala Mobility Partner for 1500 Electric Two Wheelers Deployment Updated On Mon, Jul 31st, 2023 by Saurenergy Log9 Materials, a deep technology and advanced battery technology start-up based in Bengaluru, has announced a long-term strategic partnership with Hala Mobility India, a multimodal EV-logistics services platform headquartered in Hyderabad. As part of the partnership, Hala Mobility will gain access to 1500 electric two-wheelers called BzinessLite InstaCharged by Log9 Materials. Additionally, Log9 will provide […] Read more