News In Brief Oct 14: Premier Energies, Ørsted Solar Project, Huasun And ITRAMAS Updated On Mon, Oct 14th, 2024 by Saurenergy Premier Energies Subsidiaries Secures 765 Crore Order To Supply Solar Module, Cells Premier Energies International Private Ltd. and Premier Energies Photovoltaic Private Ltd., both subsidiaries of Premier Energies Limited, have received and accepted multiple orders from various customers amounting to a total value of INR 765 crore. These orders comprise of Ra. 632 crore for […] Read more
Exide Industries Invests Rs.100 Cr For Bengaluru’s Lithium-ion Plant Updated On Fri, Oct 11th, 2024 by Saurenergy Kolkata-based battery manufacturing company Exide Industries Limited recently announced infusion of about ₹100 crores into its subsidiary, Exide Energy Solutions Limited (EESL), to manufacture and sell lithium-ion battery cells, modules, and packs. The company has made a total investment of ₹2,852.24 crore. The equity investment in EESL, on a rights basis, aims to fund this […] Read more
Trinasolar, Kiwi Solar & Trilect Partner For Agrivoltaics Project In New Zealand Updated On Fri, Oct 11th, 2024 by Saurenergy Trinasolar, a photovoltaic (PV) and energy storage solutions provider has joined forces with Kiwi Solar and Trilect to launch Waikato’s first-ever agrivoltaics project and marking Trinasolar’s third foray into dual use agricultural and solar farming in New Zealand. Set across 6.5 hectares of land, the new solar farm is equipped with 5,740 modules, featuring Trinasolar’s Vertex […] Read more
Suzlon, Jindal Renewables Ink 400 MW Captive Wind Power Deal Updated On Thu, Oct 10th, 2024 by Saurenergy Wind energy company Suzlon is set to harness the power of wind energy to decarbonize hard to abate steel sectors. The Pune-based company aims to harness the power of wind through its new 400 MW order from JSP Green Wind 1 Pvt. Ltd. (Special Purpose Vehicle – SPV of Jindal Renewables Power Private Limited). This […] Read more
iRasus Technologies Raises Over Rs. 4cr In Seed Round Updated On Wed, Oct 9th, 2024 by Saurenergy iRasus Technologies, an analytics and intelligence provider on battery data for users in the electric mobility and stationary battery storage solutions raised over Rs. 4 crores in its seed round. It has raised the funding in its seed round from IAN Group and others to provide data intelligence and generate insights on battery storage solutions […] Read more
Saatvik Solar Wins 213 MW Solar PV Modules Contract From L&T Updated On Wed, Oct 9th, 2024 by Saurenergy Indian solar module maker Saatvik Solar has inked an agreement with Larsen & Toubro (L&T) to supply a 213 MW order for solar PV modules. This order is designated for L&T Energy’s 245 MW Bihar Battery Energy Storage System (BESS) project. Of this, 185 MW will power a solar PV grid-connected power plant, while 45.4 […] Read more
IFC Partners, Axis Bank Partner To Provide $500 Mn Loan In India Updated On Tue, Oct 8th, 2024 by Saurenergy The International Finance Corporation (IFC), is making its first blue investment in India in partnership with Axis Bank. IFC entered this partnership with the private sector banks in India to provide a $500 million loan. This initiative also supports the company’s plan to develop a blue finance market and scale up financing of green projects […] Read more
India’s First Second Life Battery UPS In Pune Takes Shape Via MG Motor, Vision Mechatronics Updated On Mon, Oct 7th, 2024 by Saurenergy JSW MG Motor India, the JV between the JSW group and China’s SAIC Motors that has strong portfolio of EVs for India has made a strong sustainability push for the batteries powering its EVs. And with good reason, considering how these sturdy batteries can increasingly be expected to outlast the vehicles they are designed for. […] Read more
Cabinet Approves India to Join International Energy Efficiency Hub Updated On Fri, Oct 4th, 2024 by Saurenergy The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the signing of ‘Letter of Intent’ thus enabling India to join the ‘Energy Efficiency Hub’. India will join the International Energy Efficiency Hub (Hub), a global platform dedicated to fostering collaboration and promoting energy efficiency worldwide. This move solidifies India’s commitment to sustainable […] Read more