Lightsource BP to Invest €900 mn in Portugal to Build 1.3 GW Solar Plants Updated On Mon, May 31st, 2021 by Saurenergy London-based solar power developer Lightsource bp, a 50:50 joint venture with oil and gas company bp, recently announced that it has partnered with Portuguese local company INSUN to build five large-scale solar plants in Portugal, which are expected to add over 1.35 GW of low-carbon, renewable power to Portugal’s energy mix. The company plans to […] Read more
IDtechex Predicts Bigger Role For RFB Batteries Over Lithium Storage By 2030 Updated On Mon, May 31st, 2021 by Saurenergy “We are looking at the solution, but most of the time we forget the problem.” The energy scenario is changing as a result of years of green policies adopted by the major countries in the world. With energy storage playing a key role toward the integration of variable renewable energy (VRE) in the power grid, […] Read more
CESL & GEDA Partner to Electrify Remote Rural Households in Goa Updated On Fri, May 28th, 2021 by Saurenergy Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), has signed an agreement with Goa Energy Development Agency (GEDA) for the installation of solar PV-based home lighting systems for remote households in the state, which do not have access to proper power supply till date. Under the Agreement, CESL […] Read more
Siemens Gamesa to Supply Largest Wind Farm in the Philippines as Wind Momentum Builds in the Country Updated On Thu, May 27th, 2021 by Saurenergy Siemens Gamesa has secured a landmark order to supply, install and commission 32 onshore turbines for the largest wind farm in the Philippines to date, marking a resurgence for the wind industry in the country. The 160 MW Balaoi & Caunayan wind project will be developed by Asia’s pioneering renewable energy developers UPC Renewables and […] Read more
IFC Supports Wind Projects to Advance Renewable Energy in Vietnam Updated On Thu, May 27th, 2021 by Saurenergy As Vietnam transitions to cleaner low-carbon power generation to help meet the country’s growing demand for electricity, IFC, a member of the World Bank Group, is funding the development and construction of two wind power projects in Central Vietnam. IFC is providing a financing package of $57 million to Thuan Binh Wind Power Joint Stock […] Read more
Uttar Pradesh-based Lithium Urban Acquires SmartCommute Updated On Wed, May 26th, 2021 by Saurenergy UP-headquartered Lithium Urban Technologies, a leading corporate sustainable mobility solutions provider, announced today its 100% acquisition of SmartCommute, an end-to-end Employee Transport Services SaaS platform. With this move, the company now looks forward to evolving into a full-stack transportation solutions provider across form factors, providing the required mettle to lead India’s progress in the smart […] Read more
Aurora Solar Raises $250 Million to Digitize Solar Installations Updated On Tue, May 25th, 2021 by Saurenergy Funding Round Led by Coatue Signals Market Interest in the Growing Solar Industry Aurora Solar, the industry’s leading software platform for solar sales and design, today announced it has closed a $250 million Series C funding round led by Coatue, with follow-on participation from existing investors ICONIQ Capital, Energize Ventures, and Fifth Wall. In just over two years, Aurora […] Read more
Shell and Edify Strike 100 MW Big Battery Storage Deal with NSW Govt Updated On Tue, May 25th, 2021 by Saurenergy UK-based Shell Energy and Australia-headquartered Edify Energy have released a joint statement today, stating that the two companies have signed a long-term services agreement to deliver a two-hour battery storage facility of 100 MW capacity in South West NSW, Australia. In renewable energy news coming from the nation, it was recently revealed that Australia installed its highest […] Read more
New Energy Master Plan Must Aim to Favor Bangladesh Over Japan: IEEFA Updated On Tue, May 25th, 2021 by Saurenergy JICA must deliver a low or zero emissions plan as promised, not fund Matarbari 2 coal plant Clear understandings from the Bangladesh government’s recently released 8th Five-Year Plan must be incorporated into the new energy and power master plan currently under development by the Japan International Cooperation Agency (JICA) to drive zero carbon transformation and […] Read more
