Reliance Acquires REC Group in $771 Million Buy Out Updated On Sun, Oct 10th, 2021 by Saurenergy In a stock exchange filing today, Reliance Industries Limited (RIL) today acquired Norway-headquartered solar module maker REC Solar Holdings (REC Group) for an enterprise value of US$ 771 million (around Rs 5,800 crore) from China National Bluestar. The acquisition was done through its fully owned subsidiary, Reliance New Energy Solar Limited. “Reliance New Energy Solar […] Read more
Eos Energy to Get $25 M Equipment Funds from Trinity Capital Updated On Fri, Oct 8th, 2021 by Saurenergy Eos Energy Enterprises, a provider of safe, scalable, efficient, and sustainable zinc-powered energy storage systems, has announced that HI-POWER LLC, a wholly owned subsidiary of Eos, has entered into a $25 million equipment financing agreement with Trinity Capital, a leading provider of debt and equipment financing to growth stage companies. The funds will be used […] Read more
Aker Unveils Underwater Innovation for Floating Offshore Wind Updated On Fri, Oct 8th, 2021 by Saurenergy Aker Offshore Wind has outlined plans to utilise Scotland’s first offshore wind underwater substation as part of its bids for major offshore windfarms. The multi-million subsea innovation would be developed, manufactured, and supplied in Scotland by Aker Solutions and provide major export opportunities for Scottish businesses. Substations – which help move the energy created by […] Read more
Large Buildings RE Specialist Blueprint Power Acquired by BP Updated On Fri, Oct 8th, 2021 by Saurenergy bp has acquired Blueprint Power, a US-based technology company whose technology can help turn buildings into a flexible power network by connecting them to energy markets through cloud-based software. Or a Virtual Power Plant. Blueprint’s technology presents an opportunity to help decarbonize commercial real estate, help real estate owners meet their environmental goals, and give […] Read more
Rooftop Solar to Supply 25-49% of Global Electricity Needs by 2050: Study Updated On Thu, Oct 7th, 2021 by Saurenergy Owing to improved deployment capability and reduced costs, rooftop solar photovoltaics (PV) technology, such as roof mounted solar panels used in home, commercial and industrial buildings, is currently the fastest deployable electricity generation technology. According to a new report, it is projected to supply 25–49% of global electricity needs by 2050. Despite these predictions, a […] Read more
India’s iCreate, Israel’s Start-Up Nation Central Partner for Green Tech Updated On Thu, Oct 7th, 2021 by Saurenergy iCreate (International Centre for Entrepreneurship and Technology), an Indian startup incubator and Start-Up Nation Central, a not-for-profit organisation that connects multinational corporations, governments, investors, and NGOs to the Israeli innovation ecosystem, are collaborating to promote the adoption of green technologies. This partnership will also set the stage for the 2nd cohort of the India-Israel Innovation […] Read more
Site Energy Engineer Updated On Wed, Oct 6th, 2021 by Saurenergy Every Smart Joules site has a Site Energy Engineer, who is responsible for eliminating energy waste through execution of all of Smart Joules’ operations and maintenance related activities at site, including collecting site related information and sharing it with the Energy Manager. They are also responsible for maintaining good relations with the engineering and maintenance […] Read more
Developers Take Innovative Approaches to Alternative Energy Production Updated On Wed, Oct 6th, 2021 by Saurenergy Demand for solar energy is on the rise around the world. In the U.S., the second quarter of 2021 has also seen impressive gains in implementation of solar. According to the Solar Energy Industries Association (SEIA), the U.S. installed 5.7 gigawatts (GWdc) of solar PV capacity in Q2 2021 to reach 108.7 GWdc of total […] Read more
An Electric Drive On Leh-Manali Route Possible, as 18 EV Stations Come Up On Route Updated On Tue, Oct 5th, 2021 by Saurenergy Shuchi Anant Virya, the joint venture company between India’s largest EV based mobility solutions provider, Lithium Urban Technologies and Fourth Partner Energy, the solar enterprise focused on commercial and industrial businesses, today announced the setting up of a network of electric vehicle charging points along the Manali-Leh route in the Ladakh region, thereby enabling EV […] Read more
