Deepak Pandey Led Solar Startup GP Eco Solutions Seeks NSE Emerge Listing Updated On Fri, May 17th, 2024 by Saurenergy Noida-based GP Eco Solutions India Limited (GPES) has confirmed its plans to go ahead with an IPO on NSE Emerge soon, after first announcing it back in March this year. “GP Eco Solar intends to raise capital between Rs. 30 Crore and Rs. 35 Crore, subject to approval. The IPO funds will fuel our growth, […] Read more
Hitachi Energy Inks 3.5 GW Wind Power Transmission Deal In US Updated On Wed, May 15th, 2024 by Saurenergy Hitachi Energy announced that it has signed a multi-year agreement with Pattern Energy to support its high-voltage direct current (HVDC) technologies for the SunZia Transmission Project. The link will connect the 3,515-megawatt (MW) SunZia Wind project in New Mexico to Arizona and Western states, which will be one of the world’s largest transmission links delivering […] Read more
News Brief May 14 – BrightNight, Neoen, Energy Vault and ACEN Updated On Tue, May 14th, 2024 by Saurenergy BrightNight and Cordelio Power Achieve Financial Close on $ 414M Project Financing for 300 MW Box Canyon Project in Arizona BrightNight, a global renewable power producer built to deliver clean and dispatchable solutions, recently secured a US$414 million construction credit facility. BrightNight secure this credit facility with its joint venture partner Cordelio Power, for their […] Read more
The Renewable Energy Developers Whose Plans Will Shape India’s Solar Targets Updated On Thu, May 9th, 2024 by Saurenergy India reached a notable milestone in renewable energy by adding a record-breaking 18.48 GW in 2023-24, a 21 per cent increase from the previous year. As of March 31, 2024, India’s installed renewable energy capacity stood at 143.64 GW, excluding large hydropower projects. The country needs an annual addition of at least 50 GW for […] Read more
TI Clean Mobility Gets Rs 580 Crore To Expand Green Solutions Updated On Tue, May 7th, 2024 by Saurenergy Tube Investments of India Limited subsidiary TI Clean Mobility Private Limited has signed final agreements with South Asia Growth Invest III LLC and South Asia EBT Trust III to raise Rs 580 crore in the form of Equity and Compulsorily Convertible Preference Shares. According to a statement by TI Clean Mobility, TICMPL, expected to raise […] Read more
Sunkind Energy Secures 10 MW Solar Projects In Northern India Updated On Tue, May 7th, 2024 by Saurenergy Solar EPC company Sunkind Energy has secured five solar rooftop projects. According to a statement by the company, Sunkind Energy has received orders for the projects in North India. The total capacity of projects that the company has received is 10 MW in states like Punjab, Haryana, Rajasthan, and Chhattisgarh. Hanish Gupta, Founder and CEO […] Read more
EU’s Shift To BTM Batteries To Meet Energy Demand: EMBER Updated On Wed, May 1st, 2024 by Saurenergy EMBER in its recent report identified that installed battery capacity in the EU doubled to 16 GW in 2023, with a significant concentration in countries like France, Ireland, and Germany. Behind-the-meter (BTM) batteries constitute a substantial portion of this capacity, with countries like Spain and the Netherlands expected to follow suit due to high renewables […] Read more
Battery Storage Needs To Be Increased Six Times By 2030 To Meet Global Energy Demand Updated On Tue, Apr 30th, 2024 by Saurenergy After their deployment in the power sector more than doubled last year, batteries need to lead a sixfold increase in global energy storage to enable the world to meet 2030 targets, according to the latest International Energy Agency (IEA) report. Growth in battery outpaced almost all other clean energy technologies in 2023 as falling costs, […] Read more
Karnataka, Gujarat Maintain Lead Among States On Clean Electricity Transition Updated On Tue, Apr 23rd, 2024 by Saurenergy Karnataka and Gujarat continued to showcase their leadership in the progress toward the clean energy transition, a new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and Ember shows. This marks the second year of IEEFA and Ember collaboration on the Indian States’ Electricity Transition (SET) report, which evaluates the clean […] Read more
