MSMEs Should Avail Concessional Debt Finance to Install Rooftop Solar: Gadkari Updated On Mon, Mar 1st, 2021 by Saurenergy Nitin Gadkari has invited MSMEs to look at accessing concessional debt finance to install rooftop solar systems to improve business efficiency Union Minister of Micro, Small and Medium Enterprises (MSMEs) and Road Transport & Highways Nitin Gadkari has invited MSMEs in India to look at accessing concessional debt finance to install rooftop solar systems to improve their business efficiency. […] Read more
SK Group Closes $1.6 Billion Investment in Plug Power to Advance Hydrogen Strategy Updated On Sat, Feb 27th, 2021 by Saurenergy Creation of Hydrogen Business Development Center and investments in core hydrogen businesses support SK’s goal of making sustainable energy solutions a reality for more people SK Group, South Korea’s largest energy provider and third-largest conglomerate, announced today the close of a $1.6 billion investment and strategic partnership with Plug Power Inc., a leading provider of hydrogen fuel cell and […] Read more
ReNew Power to be Publicly Listed on the Nasdaq, Valued at $8Bn Updated On Thu, Feb 25th, 2021 by Saurenergy Sumant Sinha led Renew Power Private Limited, the country’s leading renewable energy generator has started the process to achieve a listing at the NASDAQ market in the US via the SPAC (Special Purpose Acquisition Company) route. As of December 2020, ReNew had a total capacity of close to 10 GW of wind and solar power […] Read more
Amazon India Ties up With Mahindra Electric to Strengthen E-mobility Commitments Updated On Tue, Feb 23rd, 2021 by Saurenergy Amazon India has announced its partnership with Mahindra Electric to further strengthen its commitment towards electric mobility in the country. Earlier in 2020, Amazon India had announced that its fleet of delivery vehicles will include 10,000 electric vehicles (EVs) by 2025 in India. These EVs are in addition to the global commitment of 100,000 electric […] Read more
Record 33.6 GW of Wind and Solar Capacity Added to US Grid in 2020: BNEF Updated On Tue, Feb 23rd, 2021 by Saurenergy A new report has found that in a year faced with COVID-19, a record 33.6 GW of wind and solar capacity was added to the US grid in 2020. Faced with the COVID-19 pandemic and sharp economic contraction, the US clean energy sectors showed strong resilience in 2020, continuing a decade-long growth trend, BloombergNEF (BNEF) […] Read more
New Net-Metering cap Risks Stalling Rooftop Solar Progress in India: IEEFA Updated On Mon, Feb 22nd, 2021 by Saurenergy A new regulation that excludes rooftop solar systems over 10 kW from net metering could stall progress for rooftop solar targets of India A new regulation that excludes rooftop solar systems over 10 kilowatts (kW) from net metering will stall the adoption of larger installations in India, undermining progress towards the government’s rooftop solar target […] Read more
TruSpin Announces Breakthrough in Lithium-ion Battery Technology Updated On Fri, Feb 19th, 2021 by Saurenergy Third-party tests have validated that the use of TruSpin silicon nanofibers reliably multiplies the energy capacity of Lithium-ion batteries. TruSpin Nanomaterial Innovation, an advanced materials company engaged in battery technology, has announced the positive results of third-party tests evaluating the performance of the company’s prototype batteries. The tests, conducted by SpectraPower, validate the use of TruSpin’s […] Read more
Canadian Solar Closes Japan Green Infrastructure Fund at $208 Mn Updated On Thu, Feb 18th, 2021 by Saurenergy Canadian Solar has announced the successful close of the Japan Green Infrastructure Fund securing USD 208 million of committed capital Canadian Solar has announced the successful close of the Japan Green Infrastructure Fund (JGIF). Canadian Solar will partner with Macquarie Advisory & Capital Solutions (Macquarie), the advisory and capital markets arm of the Macquarie Group. Macquarie […] Read more
Trimark Wins SCADA Mandate for 2165MWh Terra Gen Storage Project Updated On Thu, Feb 18th, 2021 by Saurenergy Trimark Associates, has won the rights to the SCADA portion of the Edwards & Sanborn project, the world’s largest solar-plus-storage (PV+BESS) project currently under construction. Located in Kern County, California, the project weighs in at 1,118 megawatts (MW) of solar and 2,165 megawatt-hours (MWh) of energy storage. The project is owned by Terra-Gen, while Mortenson Construction acts as the Engineering, […] Read more
