Remove Fossil Fuel Subsidy To Meet 2030 RE Targets: BloombergNEF Updated On Tue, Nov 28th, 2023 by Saurenergy A latest report from BloombergNEF on the issue of global renewable targets claimed that solar is on track for what’s needed to achieve the 2030 target. The report highlighted that the world needs to reduce subsidies in fossil fuels to boost the growth of renewables. This comes at a time when several global leaders are […] Read more
Waaree Energies Supplies 850 MW Solar Modules to Acciona for US Projects Updated On Tue, Nov 28th, 2023 by Saurenergy Waaree Energies Limited has announced it has successfully supplied 850 MW solar PV modules for projects under development in the US by Acciona Energia, a Spain based renewable energy leader that operates more than 1 GW of solar, wind power and industrial-scale energy storage projects in the U.S. The companies also announced a three-year agreement […] Read more
Australia Aims To Hike Its Power Capacity To 32 GW With New Investment Updated On Thu, Nov 23rd, 2023 by Saurenergy The Australian government recently announced the expansion of its existing Capacity Investment Scheme (CIS) and the National Energy Transformation Partnership (NETP), in conjunction with the states. It is set to expand the capital investment through CIS from the current pilot stage to 9 GW of dispatchable capacity and 23 GW of variable capacity nationally – […] Read more
Servotech Adds 2,649 EV Chargers Order from BPCL Updated On Thu, Nov 23rd, 2023 by Saurenergy Servotech Power Systems Ltd., a manufacturer of EV chargers in the country, has bagged 2649 AC EV chargers order from Bharat Petroleum Corporation Limited (BPCL). The firm will be responsible for manufacturing, supplying and installing 2649 AC EV chargers order strategically across the nation. The EV chargers order comes under the BPCL E-drive project, equipping […] Read more
Sungrow Pins Hopes On Its 1+X Modular Inverter For Utility Sector Updated On Wed, Nov 22nd, 2023 by Saurenergy Energy storage service provider Sungrow has now pinned hopes for its 1+X modular inverter for utility-scale solar projects across the world. It claims that in large-scale utility PV applications, Sungrow’s 1+X Modular Inverter can assist with its intelligent branch diagnosis function, particularly beneficial when a system solution does not contain a combiner box or if […] Read more
Gamechange Solar Bags 232MW Order From Bechtel In US Updated On Wed, Nov 22nd, 2023 by Saurenergy GameChange Solar (GCS) have announced that they will supply their Genius Tracker™ solar trackers for Sabanci Renewables’ Oriana Solar, a 232 MWdc project located on the Texas Gulf Coast in Victoria County. The company claims that its Genius Tracker technology helps improve energy gains with its WeatherSmart™ backtracking features and dynamic stow modes that protect […] Read more
Early Stage VC SeaFund Invests in 5 DeepTech Startups Updated On Tue, Nov 21st, 2023 by Saurenergy Early stage focused Seafund Ventures has invested INR 5 crore across five sustainability focused startups. The fund plans to invest 20% of its entire investible corpus in clean energy and the EV value chain including sectors like transportation, logistics and circular economy. SeaFund is currently raising its second fund with a target corpus of INR […] Read more
E-Mobility Startup Baaz Bikes Eyes New Subscription Models with $8 Mn Funding Updated On Tue, Nov 21st, 2023 by Saurenergy Baaz Bikes, an electric mobility platform that helps gig workers make deliveries by its in-house designed bikes supported by automated battery swapping infrastructure, has pocketed $8 Mn in its Series A funding round. The funding round was led by BIG Capital based in Singapore. It also saw participation from Japan-based Rakuten Capital, Kalaari Capital, 9Unicorns, […] Read more
RECPDCL Seeks Solar Power Developers for 290 MW Solar Projects with Greenshoe Option Updated On Tue, Nov 21st, 2023 by Saurenergy REC Power Development and Consultancy Limited (a wholly owned subsidiary of REC Limited, a Maharatna company under the Ministry of Power) has invited proposals from solar power developers for setting up 290 MW grid-connected solar power projects through tariff-based competitive bidding process. The tender comes with a greenshoe option of additional capacity of 290 MW […] Read more
