ACME Solar Holdings Limited Files DRHP for Rs 3,000 crore IPO Updated On Wed, Jul 3rd, 2024 by Saurenergy Gurugram-based Acme Solar Holdings Limited, with a portfolio of solar, wind, hybrid and firm and dispatchable renewable energy (FDRE) projects, has filed its draft red herring prospectus (DRHP) with the market regulator, Securities and Exchange Board of India (SEBI) to raise Rs 3,000 crore through an Initial Public Offering (IPO). The IPO, with a face value […] Read more
News Briefs June 3- 8 GW Solar Project, Midsummer, Trina Solar Updated On Wed, Jul 3rd, 2024 by Saurenergy Stay updated with the latest in renewable energy! Discover the ambitious 8 GW solar project making headlines, catch the latest developments from Midsummer, and explore the innovative strides by Trina Solar. Read on for your essential news briefing on June 3rd. 8 GW Solar PV Project In Inner Mongolia, China China Three Gorges Renewables which […] Read more
India’s Data Centre Boom Opens Up A Fresh Segment For Green Developers Updated On Mon, Jul 1st, 2024 by Saurenergy By-Tej Prakash Bharadwaj & Manish Kumar Notwithstanding the sluggish growth of data centres in India in the early 2000s, the advent and popularity of AI means that the data center sector in India is now set for a significant expansion matching its status as a regional power. With a total capacity of around 1,000 Megawatt […] Read more
5 Key Takeaways: Statistical Review of World Energy Report Updated On Fri, Jun 28th, 2024 by Saurenergy As the world grapples with the dual challenges of ongoing climate change and the transition to sustainable energy sources, the Energy Institute’s Statistical Review of World Energy offers valuable insights into global energy trends. The latest edition of the report, now in its 73rd iteration and the second under the Energy Institute, analyzes data from […] Read more
e-Zinc Secures USD $31M in Series A2 Funding to Advance Commercialization Updated On Fri, Jun 28th, 2024 by Saurenergy e-Zinc, the Toronto-based company enabling sustainable, long-duration energy storage with its zinc-air battery, has announced it has raised an additional USD $31 million in follow-on funding to its $25 million Series A round. This oversubscribed Series A2 round was led by Evok Innovations, with additional investments from Mitsubishi Heavy Industries, Export Development Canada (EDC), and Ultratech Capital Partners. e-Zinc’s […] Read more
SolarinBlue Obtains €6 Million Public Funding For French Offshore Wind Project Updated On Thu, Jun 27th, 2024 by Saurenergy SolarinBlue’s offshore solar success story continues in the Mediterranean Sea. SolarinBlue, a French deeptech start-up, develops a floating photovoltaic solar solution specially designed for the maritime environment. SolarinBlue and its partners have secured major public support for their new pre-commercial demonstrator Méga Sète. Funding of 6 million euros has been granted by the French Government […] Read more
Vestas Secures 155 MW Wind Turbine Order in New Zealand Updated On Wed, Jun 26th, 2024 by Saurenergy Vestas has received a 155 MW order for the second stage of the Mercury Energy’s Kaiwera Downs wind farm in New Zealand. The order includes the supply and installation of 36 of Vestas’ V136-4.2 MW turbines in 4.3 MW operating mode as well as a 30-year Active Output Management 5000 (AOM 5000) service and maintenance […] Read more
Data Centers, EV To Raise US Power Demand To 300 TWh: Report Updated On Wed, Jun 26th, 2024 by Saurenergy Rystad Energy in its recent research report found that the total US electricity demand has remained relatively stable at around 4,000 terawatt-hours (TWh) since 2010. But as electrification accelerates, that’s about to change as the report accredits this growth to the build-out of data centers which can support more widespread adoption of electric vehicles (EVs). […] Read more
Renewables Can Cut 17% of India’s Heavy Industry Emissions: Ember Updated On Wed, Jun 26th, 2024 by Saurenergy A new report from the energy think tank Ember highlights the crucial role of renewables-based electrification in avoiding 17% of the anticipated carbon emissions from India’s heavy industry by 2030. This report indicates possible near and long term strategies to smash emissions as India negotiates with the EU bloc on mechanisms to comply with the […] Read more