Power System Overcapacity Problem in Bangladesh Getting Worse: IEEFA Updated On Fri, Jan 22nd, 2021 by Saurenergy Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note by IEEFA. Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note released by the Institute for Energy Economics and Financial Analysis (IEEFA). Data from […] Read more
Hyundai India Signs MoU with FITT – IIT Delhi, Donates KONA Electric Updated On Thu, Jan 21st, 2021 by Saurenergy The Indian subsidiary of South Korean multinational automotive manufacturer, Hyundai Motor India Foundation has signed a Memorandum of Understanding (MoU) with Foundation for Innovation and Technology Transfer (FITT) – IIT Delhi. This collaboration is being done for IIT Delhi students to study alternate energy powered vehicles and emerging technologies to innovate new-age mobility solutions. The […] Read more
Power Insights from China For 2020-Surge for Wind, Solar, Consumption Up 3.1% Updated On Thu, Jan 21st, 2021 by Saurenergy On January 19, China’s National Energy Administration (NEA) released data on electricity consumption for the full year (2020). And the numbers are surprising, in more ways than one. The big surprise of 2020 was the newly installed capacity of power sources. At 190.87 million kilowatts, these included 13.23 million kilowatts of hydropower, 71.67 million kilowatts […] Read more
Cabinet Approves MoU Between India and Uzbekistan for Cooperation in Solar Energy Updated On Thu, Jan 21st, 2021 by Saurenergy The Union Cabinet has approved the MoU between India and Uzbekistan for cooperation in the field of Solar Energy. The Union Cabinet, chaired by Prime Minister Narendra Modi was apprised of the signing of Memorandum of Understanding (MoU) between India and Uzbekistan for cooperation in the field of Solar Energy. The main area of work under […] Read more
Pattern Energy Closes Financing of Largest Wind & Solar Energy Fund in Japan Updated On Wed, Jan 20th, 2021 by Saurenergy Pattern Energy Group LP (Pattern Energy) has announced that it has closed the financing of a USD 515 million fund, Green Power Renewable No. 1 Investment LP (the fund), the largest fund in Japan focused on wind and solar energy investments. Pattern Energy’s affiliate in Japan, Green Power Investment Corporation (GPI), will manage the fund and is also one […] Read more
EV Startup Rivian Raises USD 2.65 Billion, Led by T. Rowe Price Updated On Wed, Jan 20th, 2021 by Saurenergy Rivian, an electric vehicle (EV) startup, provider of electric SUVs, has announced the closing of its latest investment round of USD 2.65 billion led by T. Rowe Price Associates, Inc. This round also included Fidelity Management and Research Company, Amazon’s Climate Pledge Fund, Coatue, and D1 Capital Partners as well as several other existing and […] Read more
SECI to Conduct Stakeholder Meeting for 50 MW Solar Tender in Tamil Nadu Updated On Wed, Jan 20th, 2021 by Saurenergy SECI will be conducting a Stakeholder Consultation Meeting regarding its upcoming project of 50 MW solar PV project with land in Tamil Nadu The Solar Energy Corporation of India (SECI) has notified that it will be conducting a Stakeholder Consultation Meeting regarding its upcoming project for the design, engineering, supply, construction, erection, testing and commissioning […] Read more
AGEL Commissions 150 MW Solar Plant at Kutchh, Ahead of Schedule Updated On Wed, Jan 20th, 2021 by Saurenergy Adani Solar Energy Kutchh One Limited, a step-down subsidiary of AGEL has commissioned a 150 MWac solar power plant in Kutchh, Gujarat. Adani Solar Energy Kutchh One Limited, a step-down subsidiary of Adani Green Energy Limited (AGEL) has commissioned a 150 MWac solar power plant in Kutchh, Gujarat. Despite all the challenges of global pandemic […] Read more
e-Zinc Raises $2.3 Mn to Accelerate Commercialization of its Energy Storage Tech Updated On Tue, Jan 19th, 2021 by Saurenergy e-Zinc, a Toronto-based energy storage innovator, announced today it has raised $2.3 million in a closed round led by BDC Capital’s Cleantech Practice. e-Zinc has developed a breakthrough technology for grid-scale energy storage that stores energy in physically-free zinc metal. By decoupling power and energy, the company scales energy capacity at a fraction of the cost of lithium-ion […] Read more
