We Pride Ourselves in Holding a 50% Market Share in Residential Retail and KUSUM Markets Updated On Fri, Oct 7th, 2022 by Saurenergy Please provide an insight into your solar journey to our readers. In 2017, Adani Solar became the first company in the world to start a Greenfield Project of GW scale at Mundra with its platinum-rated manufacturing facility of 1.2 GW of solar PV cells and modules. This setup was enhanced to 1.5 GW in 2019. […] Read more
Green Marketplace Reneum Raises $4.1M Pre-Seed Funding Led by Ajeej Capital Updated On Fri, Oct 7th, 2022 by Saurenergy The blockchain-based green energy marketplace Reneum Institute has announced that it has secured a $4.1 million pre-seed funding round led by Ajeej Capital, a major player in the Dubai investment sector. Reneum just graduated from the polygon-backed accelerator program run by Outlier Ventures and is an investor. Reneum is additionally supported by the MENA and […] Read more
RERC Proposes Free Solar Power to Rajasthan DISCOMs Updated On Fri, Oct 7th, 2022 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC), which issued the tariff decision for 2022–2023 last month, urged the state government to explore adopting legislation requiring solar power providers that are exporting electricity to provide 10% free power to the state’s DISCOMs. Over the past year, the subject has occasionally been discussed in meetings between government officials […] Read more
ATCO Acquires RE Portfolio Worth C$730 M From Suncor Energy Updated On Fri, Oct 7th, 2022 by Saurenergy Canadian Utilities Limited said that it has signed an agreement with Suncor Energy under which the utility firm will acquire a strong portfolio of wind and solar assets and projects located in Alberta and Ontario regions of Canada. The deal is achieved for a purchase price of C$730 million. Suncor is an Alberta based integrated […] Read more
ONE To Invest $1.6 20 GWh In Michigan Cell Factory Updated On Fri, Oct 7th, 2022 by Saurenergy Michigan-based energy storage technology company Our Next Energy (ONE) will be investing $1.6 billion in a new battery cell manufacturing plant, called ONE Circle, in Van Buren Township, Michigan. Once operational it will have an annual full capacity of 20 GWh by the end of 2027 which will be equivalent to 200,000 electric vehicle battery […] Read more
Rio Tinto, Voltalia to Supply Solar Power to Richards Bay Minerals Updated On Fri, Oct 7th, 2022 by Saurenergy South African mineral company Richard’s Bay Minerals (RBM) has said that it will be supplied with renewable solar power through an agreement with international energy company in France, Voltalia and local Black Economic Empowerment (BEE) partners. The solar power will be employed for the operations at KwaZulu-Natal, South Africa. RBM is also exploring additional renewable […] Read more
Canada’s Electrovaya to Build Lithium-Ion Gigafactory in New York State Updated On Thu, Oct 6th, 2022 by Saurenergy Global lithium-ion battery technology and manufacturing firm Electrovaya has announced that its first US-based gigafactory will come up in New York State for the production of cells and batteries. Electrovaya said that it will set up operations at a 137,000 square foot plant on a 52-acre campus near Jamestown, New York. Electrovaya informed that the […] Read more
Orb Energy Secures Follow-On Funding from US DFI Updated On Thu, Oct 6th, 2022 by Saurenergy Bangalore-based Orb Energy, a vertically integrated provider of solar energy solutions in India, announced today that it has received a $20 million USD follow-on loan from United States International Development Finance Corporation (DFC) to support its unique in-house financing facility for rooftop and ground mounted solar customers in India. Damian Miller, the CEO and Co-founder […] Read more
Fluence, TransnetBW To Build 250 MW Energy Storage System Updated On Thu, Oct 6th, 2022 by Saurenergy Fluence Energy GmbH and TransnetBW GmbH have announced that they would deploy the world’s largest battery-based energy storage-as-transmission project. The 250 MW Netzbooster battery-based energy storage system will be located at Kupferzell, a major grid hub in Germany. Fluence said that the project will improve energy security and significantly support Germany’s energy transition pathway by […] Read more
