Canada’s e-Zinc raises $25 M to advance long-duration energy storage Updated On Tue, Apr 12th, 2022 by Saurenergy Canadian energy storage solutions provider e-Zinc has raised USD $25 million in Series A financing led by Anzu Partners, with additional funding from BDC Capital, Toyota Ventures, and Eni Next. Existing investors, including Seed Round lead investor Energy Foundry, also participated. e-Zinc will use this funding to commence the pilot production of its first commercial […] Read more
Gujarat tops NITI Aayog’s State Energy and Climate Index-Round 1 Updated On Tue, Apr 12th, 2022 by Saurenergy Gujarat has topped the Niti Aayog’s State Energy and Climate Index-Round 1 (SECI) among larger states, which is aimed at ranking states and Union territories (UTs) on six parameters including discoms’ performance, energy efficiency and clean energy initiatives. With reference to clean energy, particularly solar energy, Gujarat is racing to become number one with a […] Read more
Oriano Clean Energy to Develop 40MWp Solar Power Projects for Shree Cement Updated On Tue, Apr 12th, 2022 by Saurenergy Mumbai based clean tech company Oriano Clean Energy Private Limited has announced that it has secured an order from Rajasthan based Shree Cement Limited (SCL) to develop about 40 MWp of solar power projects under Captive Open Access Mechanism. The contract is specifically for the building of solar PV projects of 30 MWp (2 x […] Read more
EU Will Increase Renewables Target: Timmermans, EU Climate Policy Chief Updated On Tue, Apr 12th, 2022 by Saurenergy Eliminating its dependence on Russian oil and gas seems to have a guaranteed a strong runway for renewables growth in the European Union. EU climate policy head Frans Timmermans has said that more ambitious targets are being developed for the EU for faster transition to renewable sources of energy. The announcement by Timmermans comes even […] Read more
O2 Power, US-based Powin form JV for energy storage solutions in India Updated On Mon, Apr 11th, 2022 by Saurenergy O2 Power, a Gurugram-based renewable energy producer, and Powin, a US-based battery energy storage firm, on Friday said they have signed a memorandum of understanding to provide battery storage solutions for the Indian renewable energy market. According to the official press release, Powin will be responsible for the delivery and commissioning of the battery energy […] Read more
CERC Deviation Settlement Mechanism To Hurt Renewable Players, Says NSEFI Updated On Mon, Apr 11th, 2022 by Saurenergy In a letter to Indu Shekhar Chaturvedi, Secretary, the Ministry of New and Renewable Energy, the National Solar Energy Federation of India (NSEFI), a key developer body of renewable players has flagged major industry concerns on the Deviation Settlement Mechanism for renewable energy as notified by the Central Electricity Regulatory Commission (CERC). The new rules […] Read more
1,500-1,600 MW wind energy capacity to be added in 2022-23: Ind body Updated On Fri, Apr 8th, 2022 by Saurenergy Wind energy capacity addition during 2022-23 is expected to be about 1,500-1,600 MW and will be about 2,000-2,500 MW in the next year, a top wind turbine industry body official said on Thursday. Last fiscal, the total wind power capacity that was added in the country was about 883 MW, Indian Wind Turbine Manufacturers Association […] Read more
JSW Energy Begins Work at 225 MW Solar Power Project in Karnataka Updated On Fri, Apr 8th, 2022 by Saurenergy JSW Energy has announced that its subsidiary – JSW Renewable Energy Vijayanagar Ltd – has started operations of 225 MW solar power plants in Karnataka’s Vijayanagar. The official statement of JSW Energy said that the solar project is part of the 958 MW solar and wind projects that were announced earlier. Under the group captive […] Read more
Portugal’s floating solar energy auction sets world record negative price Updated On Wed, Apr 6th, 2022 by Saurenergy Portugal’s first auction of rights to build and operate floating solar plants on the surfaces of its reservoirs set a world record low price of minus 4.13 euros per megawatt hour for future output, the environment ministry said on Tuesday. The government assigned rights to install floating panels with capacity to convert sunlight into 183 […] Read more
