Reliance Industries to Acquire Majority Stake in Solar Digital Platform SenseHawk Updated On Tue, Sep 6th, 2022 by Saurenergy Reliance Industries Limited (RIL) has signed definitive agreements to acquire a majority stake in California based SenseHawk for a total transaction value of USD 32 million, including funding for future growth, commercial rollout of products and R&D. Founded in 2018, SenseHawk is an early-stage California-based developer of software-based management tools for the solar energy generation industry. SenseHawk […] Read more
Taiwan’s ProLogium to Build Solid-State Battery Gigafactory in Europe Updated On Tue, Sep 6th, 2022 by Saurenergy Taiwan-based solid-state batteries manufacturer ProLogium has appointed Accuracy – an independent financial and strategic consulting firm – to advise on the location of its first major Gigawatt-hour (GWh) battery factory in Europe and to work with its international development team. The official statement of ProLogium states that the investment in the new factory will total […] Read more
US-Based Arevon Secures $400M Green Loan for Solar, Storage Portfolio Updated On Tue, Sep 6th, 2022 by Saurenergy To finance the development of a 6 gigawatt (GW) pipeline of solar and storage projects in the Midwest, Southeast, and California, Arevon Energy, a US based renewable energy leader, has obtained a $400 million green loan fund credit facility from the Canadian Imperial Bank of Commerce (CIBC) and KeyBank N.A. The timing of this fundraising […] Read more
The Many Promises of Battery Swapping Updated On Mon, Sep 5th, 2022 by Saurenergy Known for designing and developing electric vehicles, Chinese multinational automobile manufacturer, NIO, has established a formidable reputation with regard to battery swap stations. In July this year, the automobile giant opened 1,000 swap stations and reached 10 million battery swaps. As of August, NIO boasts of 1071 swap stations in China, however, it has no […] Read more
Greentech Gets O&M Deal for Wind Turbines of Enel Green In Gujarat Updated On Mon, Sep 5th, 2022 by Saurenergy Coimbatore-based renewable energy player Greentech and Italian energy firm Enel Green Power have signed an agreement under which Greentech will handle operations and maintenance of wind turbines installed and commissioned by Enel Green in the state of Gujarat. The Enel wind farm has a power generating capacity of 150 MW and it employs 100 Suzlon […] Read more
Canadian Solar Wins 253 MWp Solar, 1,000 MWh BESS Project in Chile Updated On Fri, Sep 2nd, 2022 by Saurenergy Solar PV modules manufacturer and large scale solar project developer Canadian Solar has announced that the company has been awarded a 253 MWp solar plus 1,000 MWh battery energy storage project called ‘Zaldivar Project’ in Chile’s public tender held by Chile’s Energy National Commission (CNE) in July 2022. The official statement of Canadian Solar held […] Read more
The Bridge to 280 GW Of Solar. Corporate India Steps Up Updated On Thu, Sep 1st, 2022 by Saurenergy They have the money, resilience, and execution ability that can leave an indelible impact on India’s economy; but can the country’s corporates (C&I sector) open up a new growth engine for India’s solar movement? The time, it seems, has arrived. As always in India, among the stakeholders, there will be many who will want to […] Read more
Trina Joins Longi, Jinko, In Strong H1 Show for 2022 Updated On Thu, Sep 1st, 2022 by Saurenergy China-based module and tracker manufacturer Trina Solar has reported module shipments of 18.05GW in first half, ranking second worldwide after Jinko Solar. Shipments of photovoltaic modules by Trina Solar totaled 18.05GW in the first half of this year, 72% more than the corresponding period last year. This meant that the company continues to rank second […] Read more
Li-Battery Revolution is Key to India’s Fast-Paced EV Adoption Updated On Tue, Aug 30th, 2022 by Saurenergy Founded by its MD, A K Shukla, Sanvaru Technology is a leading manufacturer that specializes in providing innovative and customized Lithium-Ion Battery Storage solutions (BESS). Under the leadership of A K Shukla, who is a seasoned electronics and instrumentation engineer with over 30 years of diverse industrial experience, the organisation has grown from strength to […] Read more
