Battery Management Firm Element Energy Raises $111 Million Updated On Wed, Nov 15th, 2023 by Saurenergy US battery management firm Element Energy, a Menlo Park-based Battery Management Technology company founded in 2019, has announced the close of $111 million in capital comprised of a $73 million Series B equity investment and a $38 million debt facility provided by Keyframe Capital Partners, L.P. The Series B round is co-led by one of […] Read more
Berkeley, DOE Produce Database To Map Solar PV Facilities Updated On Tue, Nov 14th, 2023 by Saurenergy Berkeley Lab and USGS (U.S. Geological Survey) in collaboration with the U.S. Department of Energy’s (DOE) produced a publicly available database. The detailed Large-Scale Solar Photovoltaic Database (USPVDB) aims to map ground-mounted photovoltaic (PV) facilities with capacity of 1 megawatt. This come alongside US’s DOE (Department of Energy) data, that released an online dataset of […] Read more
HPERC Approves Generic Levelized Tariff Of Solar Power At Rs 3.65/unit Updated On Tue, Nov 14th, 2023 by Saurenergy The Himachal Pradesh Electricity Regulatory Commission (HPERC) in its order has fixed the generic levelized tariff of solar energy projects at Rs 3.65 per unit for projects upto 100 MW. It also decided to fix the the tariff for projects between 100 MW to 500 MW at Rs 3.62 per unit. The rates were finalized […] Read more
India’s Solar Capacity Touches 72 GW, Rajasthan Takes The Lead Updated On Tue, Nov 14th, 2023 by Saurenergy India’s total installed capacity of solar power has touched 72 GW. The updated energy data from the Ministry of New and Renewable Energy (MNRE) was shared on its website. The MNRE data states that the largest capacity came from ground-mounted solar. The latest data said that the Ground-mounted solar capacity stood at the highest of 55 GW. The biggest beneficiary state […] Read more
100KW Open Access Limit Not Applicable to Captive Consumers: MERC Updated On Tue, Nov 14th, 2023 by Saurenergy It may be recalled that in May, the Ministry of Power has asked all the State Electricity Regulatory Commissions (SERCs) to notify green tariffs under the Green Energy Open Access Regulations. Heeding the request, MERC has introduced the draft notification on Green Energy Open Access. The MERC (Maharashtra Electricity Regulatory Commission) DOA Regulations pave the way […] Read more
Tata Power Delivers Steady Q2, 16th Quarter of Growing Profits Updated On Fri, Nov 10th, 2023 by Saurenergy Tata Power has revealed its financial results for Q2 for FY24 in its analyst call presentations– for the quarter ended September 30, 2023. The private power firm that hopes to have a majority of it’s assets portfolio in renewables by FY26, has delivered a strong set of numbers, with profits after tax up 9% to […] Read more
Germany Welcomes Electrolyser Gigafactory Updated On Thu, Nov 9th, 2023 by Saurenergy Germany has welcomed electrolyser gigafactory established by Siemens Energy and Air Liquide. The Germany electrolyser gigafactory is introduced by Siemens Energy, which is making electrolysers more commercially accessible while augmenting the hydrogen economy, stated the firm. The Germany electrolyser gigafactory will boast an annual production of 1 GW worth of capacity. This capacity will be raised […] Read more
Solar Finance Specialist Updated On Thu, Nov 9th, 2023 by Saurenergy Reporting to the Chief of Resource Mobilisation or a designated officer, you will support him/her across our business clusters. You will review, develop and deploy the financing of renewable energy, particularly from the ISA’s perspective on leading energy transition through its member states. The role will lead and implement crucial processes within the solar energy […] Read more
ESG Specialist Updated On Thu, Nov 9th, 2023 by Saurenergy Reporting to and working under the supervision of the Chief of Resource Mobilisation (or a designated officer), the ESG Specialist will deliver breakthrough ESG solutions that address ISA’s member country needs — so they can better succeed with their energy transition agenda. This role will empower developers, investors, and donors to build sustainable financial and […] Read more
