IOC, BPCL, HPCL Target 22,000 EV Charging Stations In 5 Years Updated On Wed, Nov 10th, 2021 by Saurenergy Indian Oil Corporation (IOC) and two other public sector oil firms will install 22,000 electric vehicle (EV) charging stations over the next 3-5 years to support the nation’s target to reduce its carbon intensity and reach net zero emissions by 2070. IOC, the country’s largest state-controlled refiner by capacity, will set up EV charging facilities […] Read more
Decoding The Reliance Gambit In Renewable Energy Updated On Tue, Nov 9th, 2021 by Saurenergy It All Started in 2017 It was on the firm’s 40th anniversary celebrations in 2017 that Mukesh Ambani, Chairman, Reliance Industries first asked the rhetorical question, “Can Reliance become a clean energy company?”. “Why Not?”, he answered it himself at the time, without getting into any further details. Almost three years later, at the firm’s […] Read more
India, UK unveil 1st global initiative for interconnected solar grids at COP26 Updated On Wed, Nov 3rd, 2021 by Saurenergy Indian Prime Minister Narendra Modi and UK Prime Minister Boris Johnson jointly launched a new flagship international initiative yesterday, at the COP26 World Leaders Summit, backed by over 80 countries, to dramatically accelerate the global transition to clean powered world. The International Solar Alliance (ISA), India Presidency of the ISA, and the UK COP Presidency […] Read more
Broad Reach’s 200MW Battery Storage Plants Now Online in Texas Updated On Wed, Nov 3rd, 2021 by Saurenergy Broad Reach Power LLC, an independent power producer based in Houston which owns a 21-gigawatt (GW) portfolio of utility-scale wind, solar and energy storage power projects across the United States, has announced that its first two transmission-level projects, North Fork and Bat Cave, are online and placed in service with Electric Reliability Council of Texas […] Read more
SB Energy to Use SenseHawk’s SaaS Tech for Solar Site Ops Digitization Updated On Wed, Nov 3rd, 2021 by Saurenergy SenseHawk, a solar software as a service (SaaS) startup, has announced that SB Energy, SoftBank Group Corp’s US-based solar and storage platform, has adopted its solution for digitizing solar site operations. The deployment will enable SB Energy to achieve quick event-response time while increasing operations and maintenance (O&M) efficiency, resulting in robust savings and higher […] Read more
Global Alliance Launches at COP26 to Boost RE in Developing Economies Updated On Tue, Nov 2nd, 2021 by Saurenergy The new Global Energy Alliance for People and Planet (GEAPP) will be launched today at COP26 to accelerate investment in green energy transitions and renewable power solutions in developing and emerging economies worldwide. Over the next decade, the Alliance aims to unlock USD100 billion in public and private capital and tackle three problems: (1) POWER […] Read more
Ather Energy launches Ather Grid 2.0, Its Next Gen Charging Tech Updated On Mon, Nov 1st, 2021 by Saurenergy Ather Energy, India’s first intelligent electric scooter manufacturer, today announced the launch of what it calls the next generation of public fast charging infrastructure, Ather Grid 2.0. The new fast-charging infrastructure builds on the current generation of Ather Grid with enhanced features to support scale and future faster charging capability. The installation of this public […] Read more
Microinverter-maker Enphase Energy Earns $351.5 M Revenue in Q3FY21 Updated On Fri, Oct 29th, 2021 by Saurenergy California-based supplier of microinverter-based solar and battery systems Enphase Energy has released its financial results for the third quarter of 2021, reporting quarterly revenue of $351.5 million, along with 40.8% for non-GAAP gross margin. The company shipped approximately 2,599,575 microinverters, or 913 megawatts DC, and 65 megawatt hours of Enphase Storage systems during this period. […] Read more
Invest in RE in Developing Nations for Global Energy Transition: Study Updated On Thu, Oct 28th, 2021 by Saurenergy A new report by BloombergNEF (BNEF) and the Climate Investment Funds details how private capital has been successfully leveraged to support renewable energy growth in developing nations – and offers specific insights on how to grow such investment further in key markets. The insights are published as the contentious question of how wealthier nations can […] Read more