e-Zinc Secures USD $31M in Series A2 Funding to Advance Commercialization Updated On Fri, Jun 28th, 2024 by Saurenergy e-Zinc, the Toronto-based company enabling sustainable, long-duration energy storage with its zinc-air battery, has announced it has raised an additional USD $31 million in follow-on funding to its $25 million Series A round. This oversubscribed Series A2 round was led by Evok Innovations, with additional investments from Mitsubishi Heavy Industries, Export Development Canada (EDC), and Ultratech Capital Partners. e-Zinc’s […] Read more
News Briefs June 21- Nextracker, Sembcorp, German Solar Target Updated On Fri, Jun 21st, 2024 by Saurenergy Nextracker Acquires Ojjio US solar tracker firm Nextracker has acquired Ojjo Inc., a leading foundations business in the solar power sector. This strategic move will allow Nextracker to providing comprehensive system solutions. According to Dan Shugar, Nextracker CEO, Optimization of the foundations and solar trackers enables customers to meet or exceed project-level LCOE targets while […] Read more
NTPC Issues Tender For 600kw/3000kwhr Vanadium BESS Updated On Wed, Jun 19th, 2024 by Saurenergy NTPC Limited has now issued a tender seeking parties for 600Kw/3000Kwhr Vandium Redox Flow Battery (VRFB) Storage System. The Central Public Sector Enterprise (CPSE) issued the tender for its NTPC Energy Technology Research Alliance (NETRA) center. The tender mandates the bidders to supply, commission and integrate the BESS for the NTPC’s NETRA power needs. The […] Read more
Volkswagen’s Charging Brand Elli Partners PV Provider Otovo For Home Charging Solutions Updated On Tue, Jun 11th, 2024 by Saurenergy German auto major Volkswagen Group continues to pivot towards an electric vehicle future. Elli, its home grown brand for charging and energy, and Otovo, the leading European solar platform have announced their strategic partnership. Their joint goal is to offer a holistic solution that combines clean solar energy with electric mobility. Together, Elli and Otovo […] Read more
REC Prices At Power Exchanges Take A Dip After Tweak In Rules Updated On Wed, Jun 5th, 2024 by Saurenergy With a tweak in the regulations related to Renewable Energy Certificates (RECs), the Indian Power Exchanges has seen its increased trading. The domestic power exchanges like IEX claimed that with an increase in its trading, the prices of the same have shrunk. The top management of IEX in its recent investors call told its investors […] Read more
Hitachi’s Transmission Project Stabilizes RE Supply To Australian Power Grid Updated On Fri, May 24th, 2024 by Saurenergy Switzerland-based Hitachi Energy was recently selected by Marinus Link Pty Ltd (MLPL), jointly owned by the Australian, Tasmanian, and Victorian governments to supply a high-voltage direct current (HVDC) project. This project is expected to augment the connection between mainland Australia and Tasmania’s grid. The transmission project is an approximately 345-kilometer cable route HVDC system and […] Read more
Global EV Market To Grow By $343 Billion In Next 4 Years: Report Updated On Wed, May 22nd, 2024 by Saurenergy The global electric vehicle (EV) market size is estimated to grow by USD 343.01 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 13.51% during the forecast period. The rise in concern over emissions from fossil fuel vehicles has spurred a surge in demand for low-emission and fuel-efficient […] Read more
Boralex To Commence 125 MW Oxford BESS In Canada Updated On Fri, May 10th, 2024 by Saurenergy Boralex Inc. has announced the selection of the Oxford Battery Energy Storage project totalling 125 MW of nameplate capacity. This project was selected by Ontario’s Independent Electricity Systems Operator (IESO) further to its Long-Term Request for Proposals (LT1 RFP). This project adds to Boralex’s existing battery energy storage project portfolio which includes the 300 MW […] Read more
Pakistan A Step Closer To 1.3 GW Renewable Project Updated On Thu, May 9th, 2024 by Saurenergy Pakistan, where despite a horrendous power grid situation and ideal conditions for solar, renewable energy beyond Hydro has simply not been allowed to take root, might finally be moving towards a GW scale renewable project. The country’s grid has been paralysed with issues linked to its ‘circular debt’, leading to extended blackouts, and a stealthy […] Read more
