New Fund by TDK Ventures to Invest $150 Million in Green Energy Updated On Mon, May 22nd, 2023 by Saurenergy Tokyo based TDK Corporation subsidiary TDK Ventures is launching its third fund that totals $150 million in new capital to provide push mainly to energy transition. TDK Ventures said that its novel fund will target early-stage investments in energy transition, electrification, and decarbonisation in the USA and Europe. With the coming of the new fund, […] Read more
MNRE to Launch New Scheme To Boost Distributed Solar Energy: RK Singh Updated On Fri, May 19th, 2023 by Saurenergy In his latest speech, Union Minister for New and Renewable Energy RK Singh announced starting a new scheme to boost distributed renewable energy (DRE). He announced this during an event on DRE organised by the Council on Energy, Environment and Water (CEEW) and Villgro Innovations Foundation’s Powering Livelihoods. “We are developing a new DRE policy […] Read more
Canadian Solar To Deliver 363 MWh Energy Storage To Aypa Power Updated On Wed, May 17th, 2023 by Saurenergy Global renewable energy major Canadian Solar has announced that CSI Energy Storage, which is part of its majority-owned subsidiary CSI Solar Co. Ltd., will deliver 363 MWh of battery energy products to an Aypa Power project in Texas. Canadian Solar said in its official statement that the project is expected to reach commercial operation by […] Read more
Vibrant Energy, Saint-Gobain Sign PPA for Round-the-Clock Renewable Energy Updated On Wed, May 17th, 2023 by Saurenergy Corporate renewable energy solutions provider Vibrant Energy and Saint-Gobain India have entered into a long-term PPA for the delivery of round-the-clock wind-solar hybrid energy to Saint-Gobain facilities in India. Vibrant Energy is a portfolio company of Macquarie Asset Management’s Green Investment Group (MAM-GIG). As a part of the PPA, Vibrant Energy will set up 75 […] Read more
Renewable Energy: Looking Beyond Gujarat In 2023 Updated On Wed, May 3rd, 2023 by Saurenergy The Indian story of renewable energy is actually a story of paradoxes. Thus, even as the country has made remarkable progress in adding renewable capacity, it still fell comfortably short of the 175 GW target for 2022 Nationally, the country today has achieved 168 GW of renewable energy including large hydro power but the travesty […] Read more
Aiming To Bring Down Energy Storage Costs: Manish Narula, Jinko Solar Updated On Mon, May 1st, 2023 by Saurenergy Manish Narula is the Executive Vice President of Chinese solar manufacturer–Jinko Solar (South Asia). In an exclusive interview with Saur Energy in Hyderabad, Narula talked about his company’s experiments with newly-started energy storage devices, bifacial solar panels, and the future of these in India. Excerpts: How has the experience of Jinko Solar been in India till now? […] Read more
Cleantech Forays Into Open Access Of Wind Power, Signs Pact For 25MW Wind Projects Updated On Wed, Apr 26th, 2023 by Saurenergy Cleantech Solar, a renewable energy company, has now marked its entry into the open-access segment of wind energy with its latest proposed wind energy projects. The firm, in its latest development, has signed an agreement with international industrial customers in Maharashtra and Tamil Nadu for its upcoming 25MW wind power projects in these states. As […] Read more
GUVNL Awards 200MW Solar Project To Avaada Energy With A Tariff Of Rs 2.75/KwH Updated On Fri, Apr 21st, 2023 by Saurenergy The Gujarat Urja Vikas Nigam Limited (GUVNL) has now awarded a 200 MW solar power project to Avaada Energy, an arm of Avaada Group. The project contract was given at a tariff of Rs 2.75 per Kilo-Watt-Hour (KwH). GUVNL awarded the project to the renewable energy company through competitive bidding, followed by an e-reverse auction. […] Read more
Wartsila Wins Contract For Delivering Australia’s Largest Energy Storage Project Updated On Thu, Apr 20th, 2023 by Saurenergy Origin Energy has selected technology group Wartsila as their preferred contractor to deliver energy storage solutions for Australia’s largest energy storage projects in the first phase. The project in its first phase has plans to have 460 Megawatt (MW) and 920 MW of energy storage systems. These Eraring batteries will be stationed at Origin’s Power […] Read more