UP Adds 100 MW Solar As Tata Power Renewables Commissions Two Projects Updated On Tue, Jan 18th, 2022 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a 100% subsidiary of Tata Power has confirmed commissioning of two Solar Power projects of 50 MW each at Prayagraj, and Banda in Uttar Pradesh. The landmark projects have been completed by TPREL within the agreed timelines inspite of Covid challenges. The plants are expected to generate more than […] Read more
Long-term Finance at Low Rates for Power, RE in Budget, expects ICRA Updated On Mon, Jan 17th, 2022 by Saurenergy Availability of adequate long-term financing at competitive rates is key in achieving India’s renewable goals, rating agency ICRA said as part of its pre-Budget expectations report. The Union Budget for FY23 will be tabled in the Parliament on February 1. The rating agency said that incentives and relevant policy measures are needed to promote investments […] Read more
PLI Battery Scheme Has 10 Bidders. Reliance, L&T, Amara Raja Bid Updated On Mon, Jan 17th, 2022 by Saurenergy Bids from 10 companies have been received for the government’s PLI Battery scheme, or ‘National Programme on Advanced Chemistry Cell (ACC) Battery Storage’. Seen as a key initiative to ensure 50 GWh of ACC battery storage manufacturing capacity in the country. The Rs 18, 400 Lucas-TVS, Exide Indcrore production-linked incentive (PLI) scheme for advanced chemistry […] Read more
Power Ministry Issues Guidelines For Faster Roll Out Of Charging Infra For EV’s Updated On Mon, Jan 17th, 2022 by Saurenergy The Union Ministry of Power has promulgated the revised consolidated Guidelines & Standards for Charging Infrastructure for Electric Vehicles (EV) on 14th January,2022. The objective seek to enable a faster adoption of electric vehicles in India by ensuring access to quality, readily available and affordable Charging Infrastructure and eco-system. The guidelines should help energise the […] Read more
Scientists Design Lithium-air Batteries for Commercial Use in EVs, Drones Updated On Thu, Jan 13th, 2022 by Saurenergy The demand for the development of rechargeable batteries with high energy densities has been increasing in recent years. Although lithium-air batteries represent great potential theoretically to be employed in electric vehicles, drones and other storage applications that demand high energy, they haven’t yet demonstrated the requisite efficiency and cycle performance to be commercialised for practical use. […] Read more
GIP Invests $500 M in BrightNight’s Innovative RE Solutions Updated On Thu, Jan 13th, 2022 by Saurenergy Global Infrastructure Partners (GIP), together with its co-investors, announced that it has closed on a $500 million investment in renewable independent power producer (IPP) BrightNight. BrightNight aims to provide next generation power solutions by combining multiple renewable energy technologies and thereby enabling its customers to accomplish deeper decarbonization of their generation portfolio. The company’s development […] Read more
iCreate Announces Winners of Maiden EV challenge ‘EVangelise’21’ Updated On Mon, Jan 10th, 2022 by Saurenergy Innovation-based start-up incubator iCreate (International Centre for Technology and Entrepreneurship) has announced the winners of its maiden EV innovation challenge — EVangelise’21 — which saw the participation of 388 start-ups and entrepreneurs from all over the country. Based on the technological excellence & feasibility, market relevance and real-world implementation of their innovation, the following companies won the […] Read more
GoodWe Rebrands, Inaugurates New HO Building Updated On Mon, Jan 10th, 2022 by Saurenergy Global inverter and storage firm GoodWe has refreshed its brand in line with the evolution of the global new energy space, emphasizing on collaboration and digitalization. At the core of this new brand identity is GoodWe’s commitment to harnessing smart tech to drive the global energy transition and bring about a more sustainable future for […] Read more
US Based Posigen, Provider Of Solar To Lower Income Households, Gets $100m Funding Updated On Thu, Jan 6th, 2022 by Saurenergy PosiGen, a leading New Orleans, US based provider of renewable energy and efficiency solutions for low-to-moderate income (LMI) households, has confirmed the close of a $100 million preferred equity financing. Magnetar Capital’s Energy & Infrastructure group was the lead investor in the financing and will nominate two new directors to join PosiGen’s Board of Directors. Existing […] Read more
