ReNew Power Merges with RMG II, Lists on Nasdaq via SPAC Updated On Wed, Aug 25th, 2021 by Saurenergy Haryana-based ReNew Power has completed its previously announced business combination with RMG Acquisition Corporation II. After the combination, RMG II has become a wholly-owned subsidiary of ReNew Energy Global. Consequently, ReNew’s Class A ordinary shares and warrants commenced trading on the U.S. stock exchange NASDAQ on August 24, 2021. The company listed in the US through […] Read more
TPREL Commissions 150 MW Solar Project in Rajasthan Updated On Tue, Aug 24th, 2021 by Saurenergy Tata Power Renewable Energy Ltd. (TPREL), a wholly-owned subsidiary of Tata Power, has commissioned a 150 MW solar power project in Loharki, a village in Rajasthan. Spread across 756 acres of land, this plant is expected to generate more than 350 million units annually. Approximately 656,700 modules were used in the project, and the installation […] Read more
SECI Discovers Rs 2.34 Price In 1200 MW Solar Wind Hybrid Auction Updated On Tue, Aug 24th, 2021 by Saurenergy NTPC Limited, NLC India, Mission Ten Renewable Energy (Ayana Renewable Energy), and Azure Energy emerged as the winners in the Solar Energy Corporation of India’s (SECI) auction for 1,200 MW solar-wind hybrid projects (Tranche-IV) related to the Interstate Transmission System (ISTS). The final winning bid was at Rs 2.34/unit. Bids by other majors like ReNew […] Read more
Transforming the Grid with Pole-mounted Batteries: ARENA Updated On Tue, Aug 24th, 2021 by Saurenergy On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced $4 million of ARENA funding to United Energy to trial the use of pole-mounted batteries to support more rooftop solar and manage peak demand across the low voltage distribution network in south Eastern Melbourne and the Mornington Peninsula. The first of […] Read more
ArcelorMittal to Pour ₹1 Trillion into Gujarat’s RE, Steel & Other Projects Updated On Mon, Aug 23rd, 2021 by Saurenergy Luxembourgish multinational steel manufacturer ArcelorMittal is planning to invest Rs 1,00,000 crores in different projects in Gujarat, including its steel plant at Hazira near Surat, a Gujarat government release has said. The release also added, ArcelorMittal Chairman Lakshmi Niwas Mittal along with the CEO of ArcelorMittal Nippon Steel India (AM/NS India), Dilip Oommen, recently called upon […] Read more
Goan Students Create Solar E-cycle With 20 Li-Ion Batteries Updated On Mon, Aug 23rd, 2021 by Saurenergy Students from Goa’s Agnel Institute of Technology and Design have created a custom solar e-cycle, powered by 20 lithium-ion batteries, that can cover the distance between Panaji and Vasco on a single charge. The batteries can be charged by two solar panels or a conventional power supply point at home. The five mechanical engineering students […] Read more
25 MW Floating Solar Plant Commissioned by NTPC in Andhra Pradesh Updated On Mon, Aug 23rd, 2021 by Saurenergy The National Thermal Power Corporation (NTPC) Ltd has commissioned the largest floating solar PV project of 25MW on the reservoir of the Simhadri thermal station in Visakhapatnam, Andhra Pradesh. This is the first solar project to be set up under the Flexibilisation Scheme, which was notified by the Government of India in 2018. The solar […] Read more
Pune-based BatteryPool Raises Funds from IAN & Others Updated On Fri, Aug 20th, 2021 by Saurenergy Pune-based BatteryPool has raised an undisclosed amount of growth capital as part of its seed funding round. The startup offers battery charging solutions for EV fleets and commercial vehicles. The round was led by Indian Angel Network (IAN) and the Pune-based Venture Center under the NIDHI-Seed Support Scheme, and lead investors, including Arjun Seth and Harshavardhan […] Read more
ICRA Predicts 8-10% Share For E Buses by 2025 Updated On Fri, Aug 20th, 2021 by Saurenergy Buses, the bulwark of public transport in any well planned transport system, are set to be a key part of the transition to electric mobility in India too. Thanks to focused subsidies and pressure to improve a decrepit bus network in most markets, e-buses are set to make a large impact in this category. For […] Read more
