Ares Secures $2.2 B for Climate Infrastructure Capital Updated On Fri, Dec 17th, 2021 by Saurenergy Los Angeles-based private equity firm Ares Management Corp said on Thursday it has raised $2.2 billion to invest in infrastructure businesses operating in the renewable energy, energy efficiency, and energy storage sectors. Ares said it raised $1.4 billion for its inaugural Ares Climate Infrastructure Partners Fund, and an additional $800 million in managed accounts that […] Read more
As Solar Grows, Solar Data Demand Scales New Highs Updated On Fri, Dec 17th, 2021 by Saurenergy Adoption of high-quality solar resource data for prospecting, evaluation, monitoring and forecasting has increased substantially in 2021 as the global solar PV market has developed. However, there is still a significant amount of untapped value in this data as the industry enters the next phase of its growth in 2022. This is evidenced by demand […] Read more
WBPDCL Issues Tender For 8 MW Solar Projects in Durgapur Updated On Thu, Dec 16th, 2021 by Saurenergy The West Bengal Power Development Corporation Limited (WBPDCL) has issued an e-tender cum reverse auction for the development of 8 MW Phase-II grid-connected solar PV plants situated in Durgapur, West Bengal. The full scope of the project includes the design, engineering, manufacture/procurement, supply, erection, testing and commissioning of 8 MW Phase-II grid-connected ground-mounted solar photovoltaic […] Read more
In Blow To Power Reforms, Key Provisions In Draft Electricity Bill (amendment) 2021, Dropped Updated On Thu, Dec 16th, 2021 by Saurenergy The Draft electricity amendment bill (2021), whose withdrawal was one of the demands of the agitating farmers, has gone through some major changes after ‘feedback’ from ‘stakeholders’. And it is clear who has been winning the arguments, if one goes through the (dropped) changes that have been shared by the sources in the Power Ministry. […] Read more
Stanford Scientists Create New Material for Thin, Lightweight Solar Panels Updated On Thu, Dec 16th, 2021 by Saurenergy A race is on in solar engineering to create almost impossibly-thin, flexible solar panels. Engineers imagine them used in mobile applications, from self-powered wearable devices and sensors to lightweight aircraft and electric vehicles. Against that backdrop, researchers at Stanford University have achieved record efficiencies in a promising group of photovoltaic materials, writes Andrew Myers in […] Read more
Tata Power Gets LOA For 300 MW Hybrid Project from MSEDCL Updated On Thu, Dec 16th, 2021 by Saurenergy TP Saurya Limited (TPSL), a wholly owned subsidiary of Tata Power, received the ‘Letter of Award’ (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for setting up of 300 MW hybrid power capacity. This project has been awarded through Tariff-based competitive bidding followed by e-Reverse auction. TP had won the bid along with Azure […] Read more
Renewables Financing Gaining At Coal’s Expense In India, Says Report Updated On Thu, Dec 16th, 2021 by Saurenergy As most countries struggled to regain lost momentum in various industrial sectors during the Covid lockdowns, India’s story, too, has been no different. A new report in December 2021 on Coal Vs Renewable, a Financial Analysis, says that lockdowns to deal with the COVID-19 pandemic did slow down the pace of renewable energy installations in […] Read more
Sentient Labs Offers India’s First “Made in India” Hydrogen Fuel Cell Bus Updated On Thu, Dec 16th, 2021 by Saurenergy Sentient Labs, an R&D innovation lab, building on technologies incubated by KPIT Technologies Ltd, demonstrated India’s first truly indigenously developed Hydrogen Fuel Cell Bus. The Hydrogen Fuel Cell Technology has been developed in collaboration with CSIR (Council of Scientific and Industrial Research)-NCL (National Chemical Laboratory) and CSIR-CECRI (Central Electrochemical Research Institute). Sentient Labs’ has been […] Read more
Carbon America Closes $30 M Series A to Scale Up its CCS Tech Updated On Thu, Dec 16th, 2021 by Saurenergy Carbon America, a vertically integrated carbon capture and sequestration (CCS) developer, has secured $30 million in Series A funding to deploy commercial projects and scale up its technology. Participating investors include the Canada Pension Plan Investment Board (CPP Investments), ArcTern Ventures, Energy Impact Partners, the Grantham Environmental Trust’s Neglected Climate Opportunities Fund, and Golden Properties. […] Read more
