Sun Cable Goes Into Administration in Australia Updated On Thu, Jan 12th, 2023 by Saurenergy Sun Cable, the massive solar developer aiming to build the world’s most ambitious power export project, has gone into administration in Australia. Sun Cable was planning to build the world’s largest solar+battery storage complex in the Northern Territory region of Australia, with plans to build an undersea cable across the sea to export power to […] Read more
German Institution DEG Funds Solar Micro-Grids Development in Nigeria Updated On Tue, Jan 10th, 2023 by Saurenergy Investment is picking up in Africa and the developed world seems to be making efforts to ensure that the continent is not bereft of access to green energy. The ace development finance institution of Germany, Deutsche Investitions- und Entwicklungsgesellschaft (DEG), is now funding the USA-based Husk Power Systems with $750,000 to build eight community solar […] Read more
Canadian Solar Will Supply 550mwh BESS To Pulse Clean Energy For UK Projects Updated On Thu, Jan 5th, 2023 by Saurenergy Global renewable major Canadian Solar has announced that CSI Energy Storage, part of its subsidiary CSI Solar, has been selected to provide up to 550 MWh of SolBank energy storage products to Pulse Clean Energy. The products will be used in various UK-based energy projects. Canadian Solar said that the 550 MWh of energy storage […] Read more
The Power Ministry Report Card For 2022- Renewables Push, Reforms Lead Agenda Updated On Mon, Jan 2nd, 2023 by Saurenergy When it comes to energy and its countrywide distribution, the Power ministry is the responsible limb of the government. We look at the growth of clean energy and its distribution in India, while also assessing the various measures taken to promote clean energy in the seventh-largest country in the world. India is the world’s third […] Read more
2022 For Solar: Solarisation, PLI Scheme, Transmission were Buzzwords Updated On Thu, Dec 29th, 2022 by Saurenergy As we head into year 2023, here is a review of 2022 in terms of policy-level initiatives with a lowdown on where the country stands with regards to renewable energy capacity as the year comes to a close. Impetus to RE transmission projects 2022 began with the Intra-State Green Energy Corridor Phase-II (InSTS GEC-II) scheme […] Read more
Solar Energy & EV Charging Firm Altus Power Acquires 220 MW Solar Facilities Updated On Thu, Dec 29th, 2022 by Saurenergy In a major development in the American renewable energy sector, Altus Power has announced that it has entered into a definitive agreement for the acquisition of 220 MW of newly developed and in-construction solar assets. US-based Altus Power is an independent developer, owner and operator of commercial-scale solar facilities. Altus Power provides solar generation for […] Read more
EDF Renewables & Munich Re’s MEAG to Invest in US Renewable Energy Projects Updated On Wed, Dec 28th, 2022 by Saurenergy The United States is witnessing unprecedented growth in renewable energy. In a key development, EDF Renewables North America and MEAG, acting in its capacity as Munich Re’s global asset manager, announced the closing on a strategic investment whereby a subsidiary of Munich Re acquired a 50% stake in two renewable energy projects in California. The […] Read more
World Bank Approves $311 Million for Renewable Energy in West Africa Updated On Fri, Dec 23rd, 2022 by Saurenergy The World Bank has cleared the Regional Emergency Solar Power Intervention Project (RESPITE) for the West African region with an approval of $311 million that will be financed through its agency – International Development Association (IDA). The new project is expected to benefit the existing and prospective power consumers in the participating countries of Chad, […] Read more
Deep Tech Analytics Platform iRasus Raises Seed Funding Updated On Thu, Dec 22nd, 2022 by Saurenergy iRasus, a Deep Tech Analytics platform for EV and Stationary Batteries, has raised an undisclosed amount in seed funding from marquee investors. The funding will expand the company’s offerings across different segments of the market, especially the Electric Mobility Segment. iRasus Technologies, is building a platform to help organize and analyze battery data. Investors in […] Read more