US Developer Longroad in $500 Million Equity Deal With MEAG Updated On Tue, Aug 2nd, 2022 by Saurenergy US renewable energy developer Longroad Energy Holdings, LLC (“Longroad”) has announced a $500 million equity investment by MEAG, acting as asset management arm for entities of Munich Re, alongside two of the company’s existing investors, the NZ Super Fund and Infratil, a listed entity managed by Morrison & Co. The investment will support Longroad’s strategic shift from […] Read more
First Solar To Supply 2.4 GW Solar Modules To Intersect Power Updated On Mon, Aug 1st, 2022 by Saurenergy US-headquartered First Solar, has announced entering into an agreement to supply 2.4 GW of thin film solar PV modules to Intersect Power. The modules are scheduled to be delivered from 2024 to 2026. According to Intersect Power, the modules will be deployed in its solar, storage, and green hydrogen projects coming online across the USA […] Read more
PM Launches Various Projects And Schemes In Renewable Sector Updated On Mon, Aug 1st, 2022 by Saurenergy Prime Minister Narendra Modi marked his presence in the grand finale marking the culmination of ‘Ujjwal Bharat Ujjwal Bhavishya – Power @2047’ and interacted with the beneficiaries of PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan), solar power, DDUGJY (Deen Dayal Upadhyaya Gram Jyoti Yojana), IPDS (Integrated Power Development Scheme) and solar panels respectively. […] Read more
Govt Mulls Law To Privatise Lithium Mining For Battery Production Updated On Fri, Jul 29th, 2022 by Saurenergy The Union Government may introduce a change in the law to permit private miners extraction of Lithium, a crucial component of batteries used in electric vehicles, without which, energy independence in green technologies is difficult to achieve. It is being said that the Modi government aims to change current laws during the current session of […] Read more
MNRE Minister Khuba Tells Parliament 123 GW Of Solar Capacity Either Commissioned Or In Pipeline Updated On Wed, Jul 27th, 2022 by Saurenergy Minister of State for New and Renewable Energy Bhagwanth Khuba informed the Rajya Sabha in his written reply on July 27 that a solar energy capacity of 123.11 GW has either been commissioned till June or is in the pipeline against the target of 100 GW solar capacity by December 2022. The written reply reads […] Read more
Kerala Electricity Board Awards Hero Future Energies 10-MW Battery Storage Project Updated On Mon, Jul 25th, 2022 by Saurenergy Delhi-based renewable energy developer and the renewable arm of the Hero Group, Hero Future Energies (HFE), claimed last week that it has “emerged as a successful bidder” in the tender floated by the Kerala State Electricity Board (KSEB). The tender was for the construction of a 10 MW grid-connected energy storage plant in the state. […] Read more
CESL Mulls $10 Billion Tender For 50,000 EV Buses To Decarbonise Public Transport Updated On Thu, Jul 21st, 2022 by Saurenergy State-controlled Convergence Energy Services Ltd. (CESL) is looking at floating a $10-billion tender to buy close to 50,000 electric buses to help make public transport carbon emission-free. CESL Managing Director Mahua Acharya has been quoted by a news report as saying, “Such tenders are beginning to look like infrastructure projects and local production of electric […] Read more
Biliti Electric Powers World’s First Hydrogen Fuel Cell Three-Wheeler Updated On Thu, Jul 21st, 2022 by Saurenergy California-based Biliti Electric Inc, a fast-growing E-mobility company with presence across the globe, has unveiled the world’s first hydrogen fuel cell (HFC)-powered electric three-wheeler vehicle, FastMile. FastMile, which has been tested for over 6000 miles in rugged road conditions, boasts of a quick refueling time of under three minutes. At the same time, it has […] Read more
Battery Player Brill Power Raises $10.5 Million Series Funding Updated On Wed, Jul 20th, 2022 by Saurenergy UK-stated battery management and control technology developer, Brill Power has announced the conclusion of its Series A round raising $10.5 million today (July 20th, 2022). This $10.5 million investment will be used by Brill Power to further its goal of developing batteries that are smarter, cleaner, safer, and longer-lasting as a crucial component of the […] Read more
