India Added 2,110 MW Solar Power Capacity in Q2 ’21: BRIDGE TO INDIA Updated On Thu, Aug 26th, 2021 by Saurenergy India added 2,110 MW solar power capacity in Q2 2021, according to the the Q2 2021 edition of its “India Solar Compass” report that was recently released by BRIDGE TO INDIA. The report provides a detailed quarterly update of all key sector trends and developments – capacity addition, leading players, tender and policy issuance, equipment […] Read more
Gravity based Energy Storage Startup Energy Vault Announces $100 Million Funding Updated On Wed, Aug 25th, 2021 by Saurenergy Energy Vault, the firm behind gravity-based, grid-scale energy storage solutions with its proprietary technology, today announced $100 million in Series C funding. We had covered the firm’s series B funding back in 2019. The newest investment round is being led by existing investor Prime Movers Lab, with additional participation from other existing investors including SoftBank […] Read more
Renewable Energy Marketplace LevelTen Raises $35 Million Series C Funding Updated On Wed, Aug 25th, 2021 by Saurenergy LevelTen Energy, a leading provider of renewable transaction infrastructure, has completed a $35 million Series C funding round led by NGP ETP, with participation from My Climate Journey (MCJ) Collective, as well as nearly all of LevelTen’s existing investors, including Avista Development, Constellation Technology Ventures, Equinor Ventures, Founders’ Co-op, Prelude Ventures, Techstars, TotalEnergies Ventures and […] Read more
Global Power Sector Emissions Increases by 5% : EMBER Updated On Wed, Aug 25th, 2021 by Saurenergy A new report published by energy think tank Ember reveals that rising global electricity demand in the first half of 2021 outpaced growth in clean electricity, which led to an increase in emissions-intensive coal power. As a result, global power sector emissions increased beyond pre-pandemic levels. “Catapulting emissions in 2021 should send alarm bells across […] Read more
ReNew Power Merges with RMG II, Lists on Nasdaq via SPAC Updated On Wed, Aug 25th, 2021 by Saurenergy Haryana-based ReNew Power has completed its previously announced business combination with RMG Acquisition Corporation II. After the combination, RMG II has become a wholly-owned subsidiary of ReNew Energy Global. Consequently, ReNew’s Class A ordinary shares and warrants commenced trading on the U.S. stock exchange NASDAQ on August 24, 2021. The company listed in the US through […] Read more
Egypt Plans RE-powered Desalination Project amidst Swelling Water Crisis Updated On Mon, Aug 23rd, 2021 by Saurenergy Known for its pyramids, Egypt has decided to build 17 desalination water plants powered by renewable energy, under a new $2.5 billion initiative, to tackle the severe water scarcity that the Arab country is expected to soon suffer from, according to media reports. Desalination, which turns salt water into water that is fit to drink (most commonly […] Read more
Luminous Power’s New App to Upskill Electricians for Solar Installation Updated On Mon, Aug 23rd, 2021 by Saurenergy New Delhi-based Luminous Power Technologies has launched an app called ‘Solar Guru App’, with the express purpose of engaging and training electricians across the country in solar solutions installation. Through this initiative, the company aims to skill around 2,000 electricians per month through the app in both English and Hindi languages. The cost of the […] Read more
Vistra, LG Energy Expand Californian Battery Facility to 1.6 GWh Updated On Fri, Aug 20th, 2021 by Saurenergy Vistra Corp., a Texas-based energy firm, and LG Energy Solution, a South Korean battery maker, have completed setting up the 400 MW/1.6 GWh Vistra Moss Landing Energy Storage Facility in Monterey County, California. Vistra recently finished construction on Phase II of the facility. The battery system is now storing power and releasing it to California’s grid […] Read more
NHPC Issues 2 Solar Power Tenders For 100 MW And 500 Mw In Tamil Nadu Updated On Fri, Aug 20th, 2021 by Saurenergy Stepping up the pace after its 100 MW floating solar tender early this week, NHPC (National Hydroelectric Power Corporation) has issued two tenders, for a 100 MW and a 500 MW solar project. Both projects are to be located in Tamil Nadu. With these, the pace of solar development returns to Tamil Nadu, after a […] Read more
