Highview Power Awards Contract To Epcogen To Build LAES facility Updated On Tue, Aug 20th, 2024 by Saurenergy AXISCADES Technologies, a technology and engineering solutions provider, through its subsidiary Epcogen, was awarded a long-term contract by Highview Power Limited, a British energy storage technology producer. Highview Power is a developer of long-duration energy storage technology from renewable sources. Highview Power, which specializes in liquid air energy storage (LAES), has raised capital to establish […] Read more
Ruloans, UGRO Capital Foray Into Rooftop Solar Financing Biz Updated On Tue, Aug 20th, 2024 by Saurenergy Ruloans, a credit distribution company in India, entered into a partnership with UGRO Capital, a DataTech MSME-lending platform, to tap into the growing renewable energy finance market. Ruloans is a direct sales agent (DSA) for all financial services, including loans, credit cards, and insurance. It recently added rooftop solar finance products into its loan portfolio […] Read more
Inox Wind To Scale Up Executions With A New ‘Net Cash Positive’ Tag Updated On Tue, Aug 20th, 2024 by Saurenergy Bolstered by a recent infusion of Rs 900 crores from its parent company, Inox Wind Energy Limited (IWEL), Inox Wind, an Indian wind energy company, is now poised to accelerate its execution pace. The company’s top management recently discussed the increase in its order book. In the latest investors’ call, Devansh Jain, Executive Director of […] Read more
APTEL Accepts SGD As Change In Law, Relief Likely For Developers Updated On Tue, Aug 20th, 2024 by Saurenergy In a case that involved a bunch of similar petitions from developers in Rajasthan executing projects worth 950 MW, and another batch in Andhra Pradesh involving projects worth 750 MW, the Appellate Tribunal for Electricity, has provided some measured relief for the developers involved. The petitions bunched together by the APTEL bench involved the acceptance […] Read more
Iron Air battery Maker Form Energy To Build 8500MWh Battery In US Updated On Tue, Aug 20th, 2024 by Saurenergy US based Ion Air battery firm Form Energy, is progressing on plans to convert the former pulp and paper mill in Lincoln, Maine, into one of the largest battery facilities in the world feeding up to 85 MW of power into the grid at a time. Form Energy’s battery project will take comparatively less time […] Read more
Maharashtra Launches First Solar Village – ‘Manyachiwadi’ Updated On Tue, Aug 20th, 2024 by Saurenergy Manyachiwadi has become the first village in Maharashtra to earn the title of ‘first solar village’ of the state. The village, situated in the Satara district has now become fully solarized, paving the way for sustainable rural setups. Maharashtra Chief Minister Eknath Shinde on August 18 also launched a scheme to solarize more villages in […] Read more
A 15% Dip In BESS Costs Can Halt New Coal Power Growth: EMBER Updated On Tue, Aug 20th, 2024 by Saurenergy A new modelling by the global think tank Ember and TERI highlights the crucial role of declining Battery Energy Storage System (BESS) project costs. This analysis underscores that faster BESS cost reductions will be a key driver for an effective coal phase-down in India’s power sector. The report lays out different possible stages of a […] Read more
Green Stocks August 19: Inox Wind Energy Up By 4.93% Updated On Mon, Aug 19th, 2024 by Saurenergy The stock market today closed on a bright note as the stock prices of seven out of 11 green energy companies witnessed gains. Today’s winner seems to be Inox Green which received a 4.93% rise in its stock price. It was followed by Adani Green which received a 3.73% gain in the stock price. Other […] Read more
Corrit EV Pins Hopes On Its Fast Delivery E-Scooter ‘Transit’ Updated On Mon, Aug 19th, 2024 by Saurenergy How did Corrit EV start its journey in the two-wheeler segment? We started the company in 2019. I joined the renewable energy industry in 2015. But as soon as we started COVID hit the country. Although this halted our plans but also gave us time to make right strategies for work on the engineering. During […] Read more