Ameresco to Mitigate California’s Electricity Issues with 2GWh BESS Updated On Tue, Oct 26th, 2021 by Saurenergy Ameresco, a cleantech integrator and renewable energy asset developer, owner and operator, has entered into a contract with Southern California Edison (SCE) to design and build three grid scale battery energy storage systems (BESSs) at existing substation parcels throughout SCE’s service territory in California. Due to the impact of the extreme weather events in the […] Read more
Singapore Plans Electricity Imports to Boost Security, Diversify Supply Updated On Mon, Oct 25th, 2021 by Saurenergy Singapore plans to import up to 4 gigawatts (GW) of low-carbon electricity by 2035, or about 30% of its total supply, trade and industry Minister Gan Kim Yong said on Monday, to diversify supply and boost energy security. The Asian city-state will start with trials to resolve technical and regulatory issues over cross-border power trading, […] Read more
Tata Pwr Attains Milestone of Over 1000 EV Charging Stations across India Updated On Mon, Oct 25th, 2021 by Saurenergy Tata Power now has a network of more than 1000 Electric Vehicle (EV) charging stations across the country, achieving a major milestone in India’s journey towards green mobility, said the company. In addition to these 1000 EV charging stations, there are close to 10,000 home EV charging points, aimed at making EV charging convenient for […] Read more
DIF Capital Becomes Majority Shareholder in Solar Platform ib vogt Updated On Thu, Oct 21st, 2021 by Saurenergy DIF Capital Partners (DIF), a global independent infrastructure investment fund manager, through its fund DIF Infrastructure VI, has reached an agreement to acquire a 51% stake in ib vogt GmbH, a developer of utility-scale PV solar, from its current 100% shareholder DVV. ib vogt has a total solar capacity, built or in construction, of over 2.2 […] Read more
REC Raises 5 Year Loan Of $75 million From SMBC Updated On Thu, Oct 21st, 2021 by Saurenergy In a first for any NBFC in India, REC Limited has successfully raised a USD 75 million, 5-year Secured Overnight Financing Rate (“SOFR”) linked Syndicated Term Loan on October 7, 2021, with Sumitomo Mitsui Banking Corporation (SMBC), Singapore Branch appointed as the sole Mandated Lead Arranger and Bookrunner. Along with the loan, REC has also […] Read more
EV Financing Platform Revfin Raises $4 Million In Pre-Series A Funding Updated On Wed, Oct 20th, 2021 by Saurenergy Revfin, a digital e-mobility consumer lending platform underwriting financially excluded and underserved segments, has raised $4m (Rs 30 crores) in a pre-series A funding round with both equity and debt. This fund raise will help the firm fast-track the adoption of EV solutions among the low-income consumers in the country. The funds raised will be […] Read more
Navitas Semiconductor to Begin Trading on Nasdaq on Oct 20 Updated On Wed, Oct 20th, 2021 by Saurenergy California-based solar equipment supplier Navitas Semiconductor has announced the completion of its business combination with Live Oak Acquisition Corp. II. Live Oak II stockholders overwhelmingly approved the transaction on October 12, 2021 with over 98% approval rating. Gallium nitride (GaN) is a next-generation semiconductor technology that is said to run up to 20x faster than […] Read more
8th India-Sweden Innovation Day ’21 to Focus on Green Tech Updated On Wed, Oct 13th, 2021 by Saurenergy India and Sweden are set to celebrate the 8th Innovation Day on 26th October at 08:00-16:30 (Swedish Time) and 11:30-20:00 (Indian Time). The online event themed “Accelerating India Sweden’s Green Transition” is hosted by India Unlimited in association with the Embassy of India in Sweden, Sweden-India Business Council, and Confederation of Indian Industry (CII). India […] Read more
Port Anthony, CAC-H2 to Develop Cheap Carbon-negative Green H2 Updated On Wed, Oct 13th, 2021 by Saurenergy Australia-based Port Anthony Renewables will work with CAC-H2 to develop a waste woody biomass gasification system to produce green ammonia in Victoria. This plant will be capable of producing 3 tonnes of hydrogen per day, with the potential to increase output. Port Anthony has formed a joint venture with Singaporean gasification technology integrator CAC-H2 to establish […] Read more
