Renewable Enterprise Software Firm Pexapark Raises €6m Funding Updated On Mon, Jun 22nd, 2020 by Saurenergy Zurich, Switzerland based Pexapark has raised €6m in its second funding round. The firm was started up in 2017 by Michael Waldner, Luca Pedretti and Florian Müller, BayWa r.e. Energy Ventures, Encavis, and RP Global are the investors that have invested to back Pexapark’s software and advisory services that help manage financial risk in the […] Read more
Tata Power Renewable Gets another LoA; to Develop 100 MW Solar Plant in M’rashtra Updated On Fri, Jun 19th, 2020 by Saurenergy Continuing its winning streak, Tata Power Renewable Energy Ltd (TPREL), the renewable arm of utility giant Tata Power, has secured yet another Letter of Award (LoA) within few days for the development of a solar plant. Mumbai-headquartered Tata Power said in a statement on Friday that “it’s wholly-owned subsidiary TPREL has received a Letter of […] Read more
Renewables Contributed Largest Increase in Energy Terms on Record in 2019: BP Updated On Thu, Jun 18th, 2020 by Saurenergy BP plc has issued its Statistical Review of World Energy, revealing that renewables contributed their largest increase in energy terms on record during 2019 BP plc, a multinational oil and gas company headquartered in London, has issued its 69th annual edition of the bp Statistical Review of World Energy (bp Stats Review). The report found […] Read more
Tata Power’s Renewable Arm Wins LoA from GUVNL for 120 MW Solar Project in Gujarat Updated On Mon, Jun 15th, 2020 by Saurenergy Adding another feather in its cap, Tata Power Renewable Energy Ltd (TPREL), the renewable arm of utility giant Tata Power, has received a Letter of Award (LoA) from Gujarat Urja Vikas Nigam Ltd (GUVNL) to develop 120 MW solar project in Gujarat. Mumbai-headquartered Tata Power said in a statement on Monday that “it’s wholly-owned subsidiary […] Read more
Germany Approves NECP, Targeting 30% Renewable Energy by 2030 Updated On Mon, Jun 15th, 2020 by Saurenergy The Germany Government has finally approved its 2030 National Energy and Climate Plan (NECP), aiming for 30 percent renewable energy by 2030. The Germany Government, just 20 days ahead of its EU Council Presidency starting in July, has finally approved its 2030 National Energy and Climate Plan (NECP). The country has also adopted a new […] Read more
Argentina’s Renewable Projects Likely to Hit by Covid-19, Tightening of Economy Updated On Thu, Jun 11th, 2020 by Saurenergy The construction and commissioning of renewable energy projects in Argentina are expected to get delayed on the back of the coronavirus crisis and tightening of the economy during the last two years. The reason behind the delay in the commencement of construction projects was due to the tightening of the economy which had restricted project […] Read more
Cheap Renewable Energy an Asset for COVID-19 Recovery Packages: Report Updated On Thu, Jun 11th, 2020 by Saurenergy As COVID-19 hits the fossil fuel industry, a new report shows that falling renewable energy costs provide an opportunity for clean energy in recovery packages As COVID-19 hits the fossil fuel industry, a new report shows that renewable energy is more cost-effective than ever – providing an opportunity to prioritise clean energy in economic recovery […] Read more
India’s Renewable Capacity Additions to Fall in Next 5 Years: BTI Updated On Fri, Jun 5th, 2020 by Saurenergy India’s renewable capacity additions in the next five years is expected to fall down from previous estimates due to COVID-19 disruptions, according to BTI India’s total solar and wind (renewable) power capacity additions in the next five years is expected to reach only 35 gigawatt (GW) and 12 GW, respectively, down from previous estimates due […] Read more
ReNew Power Inks Pact to Buy AI & ML Startup Climate Connect Updated On Thu, Jun 4th, 2020 by Saurenergy With an aim to access energy management services, Gurugram-headquartered renewable energy independent power producer (IPP) ReNew Power has signed a definitive pact to acquire Regent Climate Connect Knowledge Solutions Pvt Ltd (Climate Connect), a specialist in artificial intelligence (AI) and machine learning (ML). Startup Climate Connect was co-founded by Nitin Tanwar and Sanand Sule, alumni […] Read more
