Energy Storage in Focus in US as Multiple Firms Secure Support Updated On Mon, Sep 11th, 2023 by Saurenergy The US is witnessing a boom in solar manufacturing and energy storage projects with the announcement of the Inflation Reduction Act. The past week was also marked by news on key energy storage projects. Project Financing Among these, a major news coming in was of Nevada-based American Battery Technology Co., a battery materials firm, that […] Read more
Hitachi Energy Wins Order from Ayana Renewable Power for 300 MW Solar Project Updated On Fri, Sep 8th, 2023 by Saurenergy Hitachi Energy India Limited (Hitachi Energy) has won a contract from Ayana Renewable Power, an Independent Power Producer in the country, to provide a grid connection solution for their upcoming 300-megawatt (MW) solar photovoltaic power plant in Bikaner, Rajasthan. Hitachi Energy has been working closely with Ayana Renewables for this project to co-create an optimized […] Read more
Ingka & Apex Clean Energy Join Hands for 16.4 MW Storage Project in Texas Updated On Thu, Sep 7th, 2023 by Saurenergy Ingka Investments and Apex Clean Energy, a firm that delves in the origination, commercialization, construction, and operation of utility-scale wind energy facilities has announced the establishment of Cameron Storage Project of 16.4 MW capacity in Cameron County, Texas. The project is IKEA owner’s first-ever battery storage project. The lithium-ion battery will lend support to the […] Read more
Tata Power Renewable Energy in PDA for 26 MW Captive Solar Plant with Neosym Updated On Tue, Sep 5th, 2023 by Saurenergy The subsidiary firm of Tata Power, Tata Power Renewable Energy Limited (TPREL), has entered into a power delivery agreement (PDA) with Neosym Industry Limited (formerly the Indian Smelting and Refining Company Limited- ISR) for a 26 MW AC group captive solar plant. The project, located at Jamkhed, Ahmednagar in Maharashtra, will boast electricity generation capacity […] Read more
ADB & Fourth Partner Energy Join Hands for 25 MW Solar Power Plant in Tamil Nadu Updated On Mon, Aug 28th, 2023 by Saurenergy The Asian Development Bank (ADB) and Independent Power Producer Fourth Partner Energy Private Limited (Fourth Partner) have joined hands for a long-term loan of up to Rs 1.2 billion Indian rupees towards the construction and operation of a 25 MW solar power plant. This will help augment clean and low-cost energy supply to commercial and […] Read more
Andhra Pradesh Set to Usher 5,314 MW of Renewable Energy Updated On Wed, Aug 23rd, 2023 by Saurenergy Andhra Pradesh is set to give a major push to renewable energy in the State. Chief Minister YS Jagan Mohan Reddy will lay the foundation for three renewable energy projects boasting an aggregate capacity of 5,314 MW. Greenko, which delves into Pumped Storage Projects will establish a 2,300 MW solar power project at Junuthala village […] Read more
Tata Power Renewable Energy Ltd in PPA for 9 MWp Solar Plant with Tata Motors in Uttarakhand Updated On Mon, Aug 21st, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a firm that delves in the renewable energy sector and a subsidiary of Tata Power, has signed a Power Purchase Agreement (PPA) for 9 MWp on campus solar plant with Tata Motors’ Pantnagar plant in Uttarakhand. This solar plant will be the largest on campus solar facility in the […] Read more
Our Energy Storage Unit A Better Alternative To Li-Ion Batteries: Vijay Prateik, CEO, DeMITasse Energy Updated On Wed, Aug 16th, 2023 by Saurenergy Vijay Prateik is the Co-founder and Chief Executive Officer (CEO) of DeMITasse Energies. Prateik is an alumnus of IIT-Bombay and the Massachusetts Institute of Technology (MIT). His company was also incubated at IIM-Bangalore. His startup, founded in 2016, uses thermo-chemical mechanisms for storing energy for longer durations. It claims that the firm’s technology can aid […] Read more
Norfund Pumps Repeat Investment into Fourth Partner Energy for ₹350 Cr Updated On Fri, Aug 11th, 2023 by Saurenergy Norwegian Investment Fund for developing countries – Norfund today announced a fresh investment of ₹350 Cr into renewable energy solutions platform, Fourth Partner Energy (4PEL). This is the second round of equity infusion by Norfund into 4PEL, following its $100 Mn investment in June 2021. Speaking about this development, Anders Blom, Vice President at Norfund […] Read more
