Top 12 Trends Of 2023 That Created Ripples In Indian Renewable Sector Updated On Tue, Jan 2nd, 2024 by Saurenergy For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […] Read more
No Need For Feasibility Reports For Rooftop Solar Below 10kw: Draft Rule Updated On Thu, Dec 21st, 2023 by Saurenergy The Ministry of Power, in its latest draft notification, has proposed amending the electricity rules for rooftop solar. As per the latest draft rule, the authorities will remove the requirement to undertake technical feasibility studies for rooftop solar projects below 10 kilowatts (KW). The new draft rules, named Electricity (Rights of Consumers Second Amendment) Rules […] Read more
CEA Propagates the Idea of Vehicle to Grid Updated On Wed, Nov 8th, 2023 by Saurenergy In March, the Ministry of Power had requested the CEA to frame guidelines for reverse charging of grid from batteries of electric vehicles (EVs). Accordingly, a committee was constituted by the CEA to analyze various aspects of reverse charging from EVs and present it to the committee, which saw participants from IIT Bombay, IIT Delhi, […] Read more
Electric Bus Maker PMI Raises Rs 250cr To Boost Green Mobility Updated On Thu, Oct 26th, 2023 by Saurenergy Indian Electric Bus Maker PMI Electro Mobility has now raised Rs 250 crore investment from Piramal Alternatives. The move will likely help the electric mobility player boost green mobility in the country. The financial partner-Piramal Alternative announced the move. “We’re happy to announce that PMI Electro Mobility has secured INR 250 Cr investment from the […] Read more
Finnish Energy Tech Firm Capalo AI Raises Pre-Seed Funding Worth €500,000 Updated On Wed, Oct 11th, 2023 by Saurenergy Finnish energy tech startup Capalo AI has raised €500,000 in pre-seed funding. The funding round was led by Innovestor Tech Fund, with Inventure also participating. Capalo AI will use the funding to further develop its virtual power plant (VPP) and multi-market optimization AI, as well as scale up its team with talented mathematicians and cloud service professionals. With the […] Read more
Growatt Showcases Full Range Of Smart Energy Solutions at REI 2023 Updated On Mon, Oct 9th, 2023 by Saurenergy Growatt, a leading distributed energy solution provider, showcased its comprehensive ‘solar, storage and EV charging’ solutions for residential, C&I, utility applications during the REI Expo 2023. According to the firm, the offerings were aligned with Indian market trends and customers’ needs. PV Inverters Growatt presented its smart string PV inverters with a wide range of […] Read more
TPREL, Juniper Green Emerge as Successful Bidders in 225 MW Renewable Hybrid Auction Updated On Thu, Sep 7th, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL) and Juniper Green Energy have emerged as winners in Tata Power’s auction. The tender was issued for the development and procurement of 225 MW of grid-connected intrastate and interstate wind-solar hybrid power projects. It also entails a greenshoe option of 225 MW on a long-term basis. Juniper Green Energy […] Read more
Electrify America’s 75 MW Solar Farm Gets the Ball Rolling Updated On Wed, Aug 16th, 2023 by Saurenergy Electrify America, the open network of DC fast chargers for electric vehicles (EVs) in the US has kickstarted operations of its 75 MW solar renewable energy generation project referred to as Electrify America Solar Glow 1, located in San Bernardino County, CA. The Electrify America Solar Glow 1 extends to over a square mile and […] Read more
Norfund Pumps Repeat Investment into Fourth Partner Energy for ₹350 Cr Updated On Fri, Aug 11th, 2023 by Saurenergy Norwegian Investment Fund for developing countries – Norfund today announced a fresh investment of ₹350 Cr into renewable energy solutions platform, Fourth Partner Energy (4PEL). This is the second round of equity infusion by Norfund into 4PEL, following its $100 Mn investment in June 2021. Speaking about this development, Anders Blom, Vice President at Norfund […] Read more
