Panasonic May Build Second Battery Factory in USA; Other Companies Announce Battery Plants Too Updated On Tue, Aug 30th, 2022 by Saurenergy Panasonic, which supplies batteries to global EV leader Tesla, is mulling over the opening of another factory in the USA to produce the batteries, according to reports. The new facility is expected to produce 4680 cells for Tesla. Tesla is presently manufacturing these batteries at its own factory in Fremont. In July this year, Panasonic […] Read more
US Based Lunar Energy Raises $300 Mn To Expand RE Solutions Updated On Mon, Aug 29th, 2022 by Saurenergy Global clean energy player, Lunar Energy has announced that it has raised $300 million in funding over two rounds by Sunrun, the USA’s leading residential solar and battery storage provider, and South Korea’s SK Group. Furthermore, Lunar said that it also acquired Moixa, the leading global software company for distributed energy resources (DER) management. ITOCHU […] Read more
Global RE Player SSE & Partners Name Scotland’s 2.6 GW Wind Project Updated On Fri, Aug 26th, 2022 by Saurenergy Global RE player SSE Renewables , along with its ScotWind partners, Marubeni Corporation and Copenhagen Infrastructure Partners (CIP), have now officially named their 2.6 GW floating offshore wind farm project in Scotland. As per SSE Renewables, the mega wind farm is now called Ossian, an ancient Scottish leader whose sea adventures are recorded in history […] Read more
ADB-Backed Bhutanese Solar Project Seeks Bidders For Solar PV Plant Updated On Fri, Aug 26th, 2022 by Saurenergy Through its Department of Renewable Energy, Bhutan’s Ministry of Economic Affairs has issued a request for proposals (RFP) for a 17.38 MW solar power plant that will be financed by an Asian Development Bank (ADB) loan and is open to bidders from all eligible source countries of the bank. The Sephu Solar PV Power Plant […] Read more
Mainstream Renewable Power and Ocean Winds Win Wind Energy Site in Scotland Updated On Tue, Aug 23rd, 2022 by Saurenergy Offshore wind energy major Mainstream Renewable Power has announced that it has been appointed preferred bidder by Crown Estate Scotland for an area with the potential for a 1.8 GW offshore wind farm off the Shetland Islands in Scotland. Mainstream Renewable Power is a global renewable energy company majority-owned by Aker Horizons and Ocean Winds. […] Read more
Zendure: A Rising Clean Energy Startup from Silicon Valley Updated On Fri, Aug 19th, 2022 by Saurenergy Launched in 2013, Zendure is one of the fastest growing Clean EnergyTech start-ups based in the technology hubs of Silicon Valley, USA and the Greater Bay Area in China and Japan. Its Co-Founder, Bryan Liu, is the highest official as the Chief Executive Officer of the firm. Zendure has continuously launched innovative products, and made […] Read more
ReNew Energy Raises $1 Billion Loan For 1300 MW RTC Project Updated On Thu, Aug 18th, 2022 by Saurenergy ReNew Energy Global plc has announced that it has tied up with 12 international lenders, led by Rabobank- a Dutch multinational banking and financial services company, for the largest External Commercial Borrowings (ECB) project finance loan in the country’s renewable sector, for any single project. The US$ 1-billion loan project has been tied up through […] Read more
JSW Energy To Buy Renewable Portfolio Of London Based Mytrah Energy Updated On Tue, Aug 16th, 2022 by Saurenergy Sajjan Jindal-led JSW Energy has inked a pact for the acquisition of the 1,753 MW renewable energy portfolio of Mytrah Energy. The deal comes at a price of Rs 10,530 crore. This is the largest acquisition ever by JSW Energy in this segment. The information has been revealed by JSW Energy in a regulatory filing. […] Read more
Inflation Reduction Act (IRA) 2022: A Bill To Make US ‘The Clean Energy Leader’ Updated On Tue, Aug 16th, 2022 by Saurenergy On August 7, 2022, the US Senate approved a Bill titled the Inflation Reduction Act (IRA) 2022 after a series of discussions and debates between the Democrats and Republicans. What makes the Bill more interesting is its special focus on climate friendly provisions. Climate action has been a priority ever since President Joe Biden came […] Read more
