CESL Mulls $10 Billion Tender For 50,000 EV Buses To Decarbonise Public Transport Updated On Thu, Jul 21st, 2022 by Saurenergy State-controlled Convergence Energy Services Ltd. (CESL) is looking at floating a $10-billion tender to buy close to 50,000 electric buses to help make public transport carbon emission-free. CESL Managing Director Mahua Acharya has been quoted by a news report as saying, “Such tenders are beginning to look like infrastructure projects and local production of electric […] Read more
TotalEnergies, Trina Solar Head To Court In US Over 900 MW Of Missed Module Deliveries Updated On Thu, Jul 21st, 2022 by Saurenergy French energy major Totalenergies and Chinese solar manufacturer Trina Solar, find themselves in court after Totalenergies alleged breach of contract over a 900 MW modules order that its US subsidiaries placed with Trina. The case was filed by Totalenergies in Alameda County, California for orders, all deliverable in the US. Interestingly, all the orders were […] Read more
Battery Player Brill Power Raises $10.5 Million Series Funding Updated On Wed, Jul 20th, 2022 by Saurenergy UK-stated battery management and control technology developer, Brill Power has announced the conclusion of its Series A round raising $10.5 million today (July 20th, 2022). This $10.5 million investment will be used by Brill Power to further its goal of developing batteries that are smarter, cleaner, safer, and longer-lasting as a crucial component of the […] Read more
The Success Determinants For Future In Electricity Sector With Low Carbon Emissions Updated On Wed, Jul 20th, 2022 by Saurenergy A report on the ‘success determinants for a future in the electricity sector with low carbon emissions’ has been released by Deloitte. In the study, Deloitte has emphasized how renewable energy sources are anticipated to provide 95% of the net increase in the world’s power capacity between now and 2025. This development is brought about […] Read more
India’s RE Capacity Stands At 114 GW Till June, 61 GW Short Of 2022 Target Updated On Wed, Jul 20th, 2022 by Saurenergy The Members of Parliament were separately informed by the Ministers of New and Renewable Energy in the Parliament on July 19 that India’s renewable energy capacity (excluding large hydro) stood at 114.07 GW till June-end this year, while 60.66 GW of projects are under various stages of development. India has set a target of having […] Read more
Mainstream And Aker Offshore Wind Join Hands For 27-GW Portfolio Updated On Mon, Jul 18th, 2022 by Saurenergy Renewable energy players Mainstream Renewable Power and Aker Offshore Wind have announced that they have inked an agreement to combine the two companies to create a stronger renewable energy company with a 27 GW portfolio. The official statement of the companies holds that the new company will foray into solar, onshore wind and bottom-fixed and […] Read more
Statkraft Backs Solar Park with 5- year PPA Updated On Fri, Jul 15th, 2022 by Saurenergy Europe’s leading renewable energy player, Norwegian firm Statkraft, has signed a 5-year power purchase agreement (PPA) for the Strasen Solar Park. The Norwegian energy company is thus supporting the construction and operation of the 30 MW solar park. According to the official statement of Statkraft, the solar parkwill operate entirely without EEG subsidies and is […] Read more
Syncarpha, Rosemawr Forge Partnership For ‘solar plus storage’ Projects In New England Updated On Thu, Jul 14th, 2022 by Saurenergy Syncarpha Capital and Rosemawr Sustainable Infrastructure Management have forged an initial $100M financing partnership. This will pave the path for the deployment of solar and solar plus storage projects in Massachusetts New England region of the USA. Rosemawr Sustainable Infrastructure Management is the sustainable infrastructure investment arm of Rosemawr Management. Cliff Chapman, CEO at Syncarpha, […] Read more
Continuum Energy Raises $350 Million For C&I Renewable Market In India Updated On Thu, Jul 14th, 2022 by Saurenergy Singapore-based Continuum Green Energy Ltd, has announced that it has raised $350 million in debt by issuing senior secured floating rate notes to two international institutional investors. The notes have a tenure of 3.5 years and the proceeds will be partly used to refinance debt and finance project construction. The floating rate is linked to […] Read more
