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SolarArise Commissions 75 MW Solar Plant in Uttar Pradesh

ThomasLloyd, an investor in Gurugram based SolarArise announced that SolarArise India Projects has commissioned a 75 Megawatt (MW) solar PV plant in Khera village, Budaun District, Uttar Pradesh. Jakson Limited was given the mandate to build by SolarArise. The firm was founded in 2014 by  James Abraham, Anil Nayar and Tanya Singhal backed by GEEREF, […]

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European Renewable PPA Market Could Exceed 10 GW in 2021: Report

The European renewable PPA market is likely to exceed 10 GW in 2021, due to the growing offshore wind momentum throughout Europe and more. The European renewable energy power purchase agreement (PPA) market is likely to exceed 10 GW in 2021, due to continued momentum in Spain, the emergence of a strong subsidy-free market in […]

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Ola to Access Siemens’ Integrated Digital Twin Design For EV Manufacturing

Indian ride-hailing firm Ola has announced that it has partnered with Siemens to access the integrated digital twin design for building its electric vehicle (EV), AI-driven manufacturing unit. Back in 2020, Ola signed an MoU with the government of Tamil Nadu to build the largest electric two-wheelers (E2Ws) manufacturing unit by investing 2,400 Crores. According […]

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FTM Storage Costs to Decline 30% by 2025 in Asia Pacific: WoodMac

All-in FTM battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, as per Wood Mackenzie. All-in front-of-the-meter (FTM) battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, according to research and consultancy firm Wood Mackenzie. Storage system prices fell […]

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e-Zinc Raises $2.3 Mn to Accelerate Commercialization of its Energy Storage Tech

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 […]

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Battery Mfg Startup Lohum Cleantech Raises $7 Million

Lohum Cleantech, the New Delhi-based battery manufacturing and recycling startup with its plant in Greater Noida, has raised $7 million (Rs 51 crores) in a fund raise from institutional investors led by Baring Private Equity Partners. A report quoting the information released today. In an interview to SaurEnergy last year, company founder Rajat Verma had […]

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New York Awards Equinor and bp 2490 MW in Offshore Wind Contracts

Equinor and bp have been selected to provide New York State with offshore wind power in one of the largest renewable energy procurements in the US to date. Equinor, along with incoming strategic partner bp, has been selected to provide New York State with offshore wind power in one of the largest renewable energy procurements […]

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Mitsubishi Power Bagged Storage Orders Worth 151,000 MWh in Americas in 2020

Mitsubishi Power has claimed the number one market share position in the Americas in 2020 with 151,000 MWh in energy storage orders Mitsubishi Power has claimed the number one market share position in the Americas in 2020 with orders for 151,000 megawatt-hours (MWh) of energy storage capacity of all durations. The all-duration category covers utility-scale […]

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CAMS Acquires Solar O&M Company Belectric

Consolidated Asset Management Services (CAMS) today announced that it has acquired the U.S. solar operations and maintenance (O&M) business of Belectric Inc. The Belectric portfolio includes 141 operating sites in 11 states. With extensive O&M and Asset Management experience in renewable power generation, CAMS sees this solar O&M transaction as a natural extension of its […]

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