Vedanta backed Serentica Renewables, Greenko Group In1500 MWhr Industrial Storage Deal Updated On Mon, Nov 14th, 2022 by Saurenergy Vedanta resources backed Serentica Renewables, a decarbonization platform that seeks to accelerate the energy transition for energy-intensive industries, has entered into an agreement with Greenko Group, to source 1500MWhr energy storage capacity through Greenko’s pumped storage projects located in India. As part of this partnership, Serentica will capitalise on Greenko’s energy storage capacity from its […] Read more
SJVN Secures 83 MW Floating Solar Project in Madhya Pradesh Updated On Fri, Nov 11th, 2022 by Saurenergy State-run SJVN Ltd announced that it has been awarded a contract worth Rs 585 crore to construct, own, and manage an 83 MW floating solar plant in Madhya Pradesh. According to a release by REWA Ultra Mega Solar Ltd. (RUMSL), the project has been secured at a tariff of Rs 3.70 per unit on a […] Read more
Auto Component Giant MT Autocraft Announces 100 Cr Investment in E-Mobility Updated On Fri, Nov 11th, 2022 by Saurenergy Electric vehicle (EV) startup MTA E-Mobility Pvt Ltd was established by MT Autocraft, a provider of machined components and assemblies, with an investment of Rs 100 crore to develop EVs and essential electrical systems. The business constructed a facility of three acres in Palwal, in the national capital area, and will exhibit its goods and […] Read more
OYA Renewables, Oil Well Shares Form JV to Develop 3 GW Renewables Updated On Thu, Nov 10th, 2022 by Saurenergy North American energy transition solutions platform, OYA Renewables and Appalachian-based energy major Oil Well Shares have announced the formation of Chrysalis Energy, a joint venture by the two for the development and construction of community and utility-scale solar, wind and energy storage infrastructure projects across the PJM region. PJM is part of the Eastern Interconnection […] Read more
Corporate Renewable Procurement of 7 GW Sets New Record in Asia Pacific Updated On Thu, Nov 10th, 2022 by Saurenergy A study authored by Kyeongho (Ken) Lee, Principal Analyst, Asia Pacific Power & Renewables at Wood Mackenzie reveals that Corporations in Asia Pacific are set to contract a record 7 GW of renewable capacity in 2022. This is an 80% increase on 2021 as markets emerge from pandemic-related disruptions. Demand is largely driven by ambitious […] Read more
KKR to Invest $400 Million in Sterlite Backed Serentica Renewables Updated On Tue, Nov 8th, 2022 by Saurenergy Kohlberg Kravis Roberts (KKR), a leading global investment firm, and Gurugram-based Serentica Renewables, a decarbonization platform that seeks to enable the energy transition by providing complex clean energy solutions for energy-intensive, hard-to-abate industries, have announced the signing of definitive agreements. Under the agreements, KKR will invest $400 million in the company. Standard Chartered Bank acted […] Read more
Gujarat’s Renon Launches India’s First Dedicated 2W-EV Platform ‘ALPHA’ Updated On Mon, Nov 7th, 2022 by Saurenergy Gujarat-based firm Renon India, an energy storage provider company, has announced the release of its intelligent Alpha swappable battery architecture for high-performance E-two-wheelers. This Li-ion battery pack uses NMC chemistry, has a nominal voltage of 50.4 V, and a rated energy of 2.01 kWh. It can also be converted to use LFP chemistry with the […] Read more
Battery Swapping Giant Gogoro Enters India, Partners with Zypp Electric Updated On Mon, Nov 7th, 2022 by Saurenergy Taiwan based global battery swapping ecosystems developer Gogoro Inc has announced its entry in India with a pilot project that will begin in December 2022, by forging a strategic initiative and partnership with India’s Zypp Electric, an EV-as-a-Service platform. The official statement held that together, the companies are focused on accelerating the urban shift of […] Read more
Westbridge Announces 300 MWp Solar plus 200MW/400 MWh BESS in Alberta Updated On Fri, Nov 4th, 2022 by Saurenergy Westbridge Renewable Energy Corporation, Canada based developer of utility-scale solar PV projects, has announced the addition of the Eastervale Project located in the Municipality of Provost, in east-central Alberta, Canada to the Company’s rapidly growing portfolio. The official statement released by Westbridge said that the Eastervale Project target capacity is 300 MWp solar photovoltaic and 200MW/400MWh of Battery […] Read more
