Esmito Raises INR 10 Crore In Seed Funding For Battery Swapping Infrastructure Updated On Thu, Sep 22nd, 2022 by Saurenergy EV start-up Esmito has announced that it has raised Rs 10 crore in a seed funding round that was led by Unicorn India Ventures. The funds raised will be utilized for the expansion of battery swapping solutions by Esmito. A part of the funds will also go to strengthen the technology team of the company. […] Read more
Gujarat Becomes 4th State to Meet RE Targets 2022; Maha, AP, UP, MP Fall Short Updated On Thu, Sep 22nd, 2022 by Saurenergy Global thinktank for energy, Ember has published its most recent analytical report, which revealed that by August 2022, India has reached two-thirds of its 175 GW renewable energy goal for the year. Gujarat achieved this goal alongside Telangana, Rajasthan, and Karnataka. The majority of the shortage is made up of four states: Maharashtra, Uttar Pradesh, […] Read more
Citizens Financial Group to Source 100% Renewable Power from Ørsted Updated On Thu, Sep 22nd, 2022 by Saurenergy Rhode Islands-based Citizens Financial Group has announced that it has entered into a power purchase agreement (PPA) with Ørsted to support the construction of the Sunflower Wind Project that will match 100% of Citizens’ power consumption across its entire operational footprint with renewable energy credits. Citizens said the Sunflower Wind Project is a 200 MW […] Read more
Hitachi Energy to Enable Renewable Electricity Transmission Between Canada & New York Updated On Thu, Sep 22nd, 2022 by Saurenergy Global tech leader Hitachi Energy working on sustainable energy has announced that it has been selected by Transmission Developers, a Blackstone company specialized in renewable power development, for the supply of a high-voltage direct current (HVDC) converter station. Hitachi Energy said that this converter station is a key part of the transmission solution for the […] Read more
Vianode Invests NOK 2 Billion in Battery Materials Plant in Norway Updated On Wed, Sep 21st, 2022 by Saurenergy Active anode materials manufacturer in Vianode has announced that it will invest around NOK 2 billion in its first industrial-scale plant for sustainable battery materials at Herøya in Norway. Vianode is a company owned by the three firms, namely, Elkem, Hydro and Altor. Vianode said that the investment will create new industrial jobs and provide […] Read more
Hero MotoCorp & Hindustan Petroleum Collaborate to Bolster EV Charging Infrastructure Updated On Wed, Sep 21st, 2022 by Saurenergy New Delhi-based motorcycle and scooter manufacturer, Hero MotoCorp and Hindustan Petroleum Corporation Limited (HPCL) have collaborated to establish charging infrastructure for Electric Vehicles (EVs) in across India. This partnership will help mass mobility transition to an electrified future by establishing charging stations for two-wheeled electric vehicles (EVs) across the nation. This partnership between the two […] Read more
What Are Climate Bonds? Updated On Wed, Sep 21st, 2022 by Saurenergy According to the United Nations’ Intergovernmental Panel on Climate Change estimates, limiting the global temperature increase to 2 degree Celsius, the goal of the Paris Agreement, will require about $3 trillion of investment every year to 2050. Raising such huge investments is a challenge. To tackle it, governments and corporations are increasingly turning to Climate […] Read more
Tata Power RE, Three Other Firms Win RUMSL’s 750 MW Hybrid Project Updated On Wed, Sep 21st, 2022 by Saurenergy A joint venture company between The Solar Energy Corporation of India (SECI) and Madhya Pradesh Urja Vikas Nigam (MPUVN), Rewa Ultra Mega Solar Limited (RUMSL) has released the results of 750 MW hybrid (wind+solar) project. Sprng Ojas, Tata Power Renewable Energy, ReNew Solar Power, and TEQ Green Power IX (O2 Power) were declared the winners […] Read more
Trina Storage Enters US Market With New Utility Scale Battery System- Elementa Updated On Wed, Sep 21st, 2022 by Saurenergy Germany-based global energy storage solution provider Trina Storage is premiering at North America’s key solar event, Solar Power International (RE+) 2022, that will take place in Anaheim California and showcase its new but flexible, safe and high-performance battery system called ‘Elementa.’ Trina Storage will display the new Elementa Battery system during the solar event. Trina […] Read more
