Husk Power Secures $100+ Million in Equity and Debt To Boost Growth Updated On Wed, Oct 25th, 2023 by Saurenergy Husk Power Systems has now announced closing $43 million in Series D funding. It said that it is the largest-ever equity raise in the minigrid industry. The funding, the firm said, would bolster Husk’s position as the leader in electrifying communities in rural Sub-Saharan Africa and South Asia with an Artificial Intelligence-enabled platform of renewable […] Read more
Adani Green Appoints Sangkaran Ratnam As Additional Director (Non-Executive) Updated On Mon, Oct 23rd, 2023 by Saurenergy Adani Green Energy Limited (AGEL) has appointed Sangkaran Ratnam as its Additional Director (Non-Executive, Nominee) with effect from October 23, 2023. The development came after it received a nomination letter from Total Energies Renewables and on the recommendation of the Nomination and Remuneration Committee and the Board of Directors, the company’s latest filing to BSE […] Read more
JKPCL & RUVNL to Purchase Power from SJVN’s 1000 MW Solar Project Updated On Fri, Oct 20th, 2023 by Saurenergy CPSU SJVN has been awarded Letters of Intent for the purchase of solar power from Jammu & Kashmir Power Corporation Limited (JKPCL) and Rajasthan Urja Vikas Nigam Limited (RUVNL). While JKPCL is looking to purchase 600 MW, RUVNL will purchase 500 MW. The purchase will be at a tariff of INR 2.57 per unit from […] Read more
US Continues To Push For Grid Resiliency With $250 Million Financing For Georgia Updated On Thu, Oct 19th, 2023 by Saurenergy The Georgia Environmental Finance Authority (GEFA) and application partners Oglethorpe Power, Georgia Transmission, Georgia System Operations and Green Power EMC have joined the U.S. Department of Energy (DOE) Secretary Jennifer Granholm to announce that the partners have been selected as a grant recipient in the DOE’s Grid Resilience and Innovation Partnerships (GRIP) Program. The GRIP […] Read more
SOFAR Eyes UK Market with Introduction of Residential, C&I Storage Solutions Updated On Wed, Oct 18th, 2023 by Saurenergy SOFAR, a global provider of all-scenario PV & ESS solutions, displayed it flagship product portfolio with a focus on residential and C&I storage solution at Solar & Storage Live, the United Kingdom’s most prominent renewable energy fair. Energy storage market is estimated to be scaled in many European countries, considering that it provides system flexibility […] Read more
Exeter Study Claims Solar ‘Tipping Point’, Challenges To Solar Growth Updated On Wed, Oct 18th, 2023 by Saurenergy Research from a team at the UK- based University of Exeter has come out with some provocative findings. The research claims that the world may have crossed a “tipping point” that will inevitably make solar power our main source of energy. The study, led by the University of Exeter and University College London, is part […] Read more
New IRA Provision To Increase Access To Clean Vehicle Credits In US Updated On Mon, Oct 16th, 2023 by Saurenergy The US Treasury Department and the Internal Revenue Service (IRS) released guidance that will lower costs for consumers and help car dealers grow their businesses. They will do so by increased access to Inflation Reduction Act (IRA) credits at the point of sales for new and previously owned clean vehicles, a report says. The IRA […] Read more
Wind Turbine Manufacturer Senvion Adds 121.5 MW Order to Portfolio Updated On Fri, Oct 13th, 2023 by Saurenergy Senvion Wind Technology Pvt. Ltd. (Senvion India), a manufacturer of wind turbines, has bagged an order by Independent Power Producer O2 Power Pvt. Ltd for its 2.7 MW M130 turbines. The order stands at a total of 121.5 MW. The scope of the project entails supply, installation, and commissioning, with a total of 45 machines […] Read more
Megawatt Charging For Large EVs Could Keep Out Hydrogen Updated On Fri, Oct 13th, 2023 by Saurenergy The EV transition has picked pace, an area where Hydrogen has been considered viable in the transportation sector is the heavy vehicles space. At issue here is the charging time for the large battery packs heavy transportation vehicles would necessarily have, and the long distances and tight timelines they have to cover. A new report […] Read more
