Volvo Invests $4.9 million In Connected Energy For Second Life Battery Business Updated On Mon, Jun 20th, 2022 by Saurenergy Volvo Energy is investing about 50 million Swedish kronor (SEK) or $4.9 million for 10 percent in the UK-based second-life battery energy storage specialist Connected Energy. Joachim Rosenberg, President, Volvo Energy, said, “There is a great deal of untapped potential in the second-life use of batteries. This forward-leaning investment aims to facilitate the scaling-up of […] Read more
ReNew Analyst Call Highlights- Module Mfg Hiked To 6 GW, Corporate PPA Market, More Backward Integration Updated On Thu, Jun 16th, 2022 by Saurenergy Nasdaq listed ReNew Energy Global (ReNew Power), which announced its Q4 results for FY 22 yesterday (June 15), hosted its analyst call later in the evening. We bring you some of the key highlights from the call, where Founder, Chairman and CEO Sumant Sinha Spoke, along with new CFO Kedar Upadhye, Chief Sustainability Officer Vaishali […] Read more
GE Finance takes 49% Stake In Continuum Wind Energy Project In Gujarat Updated On Thu, Jun 16th, 2022 by Saurenergy General Electric has declared that it has acquired a 49% stake in the Morjar wind energy project in Gujarat. The official statement says that GE Energy Financial Services and Continuum Green Energy (India) closed the financial deal of GE Energy Financial Services’ acquisition in the Continuum’s developed wind project. Morjar is an onshore wind energy […] Read more
Amara Raja To Set Up Green Hydrogen Fueling Station In Leh for NTPC Updated On Wed, Jun 15th, 2022 by Saurenergy Amara Raja Power Systems has announced that the company has received an order from the state owned National Thermal Power Corporation (NTPC) for the development of the first green hydrogen fuelling station on the heights of Leh in Ladakh region. Amara Raja Power Systems is a part of the $1.3 billion strong Amara Raja Group. […] Read more
Microsoft To Buy Power From 100 MW Solar Project Being Built by Amplus Solar Updated On Tue, Jun 14th, 2022 by Saurenergy Microsoft Corporation, one of the world’s largest purchasers of renewable energy, recently entered into a long-term agreement with Amplus Solar, a subsidiary of Malaysian oil and gas conglomerate Petronas in India, to buy power from a 100 MW solar project being developed by the latter in Rajasthan. Microsoft has taken a pledge to turn 100% […] Read more
Premier Energies In Strategic Alliance With Azure Power; To Supply 600 MW Modules For Next 4 Years Updated On Tue, Jun 14th, 2022 by Saurenergy Solar manufacturing company Premier Energies Group has announced that it has entered a strategic alliance with renewable power producer Azure Power Global Limited. The official statement of Premier said that under the Module Supply Agreement, the company will supply 2.4 GW of solar cells and solar modules over the next four years. The value of […] Read more
Tamil Nadu Plans 20,000 MW Solar Installations Across State Updated On Mon, Jun 13th, 2022 by Saurenergy Tamil Nadu is girding up to stay in the top position among states in the run for renewable forms of energy. The state, blessed with a long coastline and ample sunshine, has been an early mover and a among the leaders for most of the 21st century. In a fresh development, the Tamil Nadu Generation […] Read more
Gujarat, Goa and Chandigarh Top Climate Performers: NITI Aayog Updated On Fri, Jun 10th, 2022 by Saurenergy NITI Aayog has recently released a report called the State Energy and Climate Index (SECI) declaring Gujarat, Goa and Chandigarh as top performing states in the category of larger states, smaller states and UTs respectively on the basis of the performance by the states during 2019-20 across several parameters and measures for mitigating climate change. […] Read more
IEX Power Market Update for May – 80% Growth For Green Market Updated On Tue, Jun 7th, 2022 by Saurenergy In its May 2022 update, India’s premier energy exchange IEX (Indian Energy Exchange) informs that it 7596 MU of electricity volume in May’22 comprising 6680 MU in the conventional power market, 642 MU in the green power market, and 275 MU (2.75 lac Certificates) in the REC Market, registering 16% YoY growth across all the […] Read more
