Integrating Storage Key to Solar’s Long-term Success, says Sterling and Wilson Renewable Energy Ltd CEO Updated On Fri, Dec 3rd, 2021 by Saurenergy In this conversation with Prasanna Singh, Group Editor at Saur Energy, Mr. Chandra Kishore Thakur, CEO, Sterling and Wilson Renewable Energy Limited, reflects on the firm’s current and future plans. Throwing light on solar’s growth potential in India, Mr. Thakur cites inflation, supply chain constraints and GST taxation structure, among others, as key challenges. Q. What […] Read more
ONGC, SECI to Jointly Develop Renewable Projects Updated On Fri, Dec 3rd, 2021 by Saurenergy To realize its green energy objectives, Oil and Natural Gas Corporation Ltd (ONGC) has signed a Memorandum of Understanding (MoU) with Solar Energy Corporation of India (SECI), an official statement said. The MoU provides a broad, overarching framework for the two national energy companies to collaborate on renewable energy projects including solar, wind, solar parks, […] Read more
French Firm Newheat Raises €7 M for Renewable Heat Development Updated On Fri, Dec 3rd, 2021 by Saurenergy French renewable heat supplier Newheat has announced the completion of a €7 million fundraising to support its development of renewable heat in France and internationally. Under this fundraising, Bpifrance bank is investing via its FIEE fund dedicated to energy and environment, alongside Newheat’s main original shareholders Noria and Etchart. Newheat offers decarbonization solutions for large […] Read more
Amazon Adds 18 New RE Projects in Europe & US; Funds 274 Globally Updated On Thu, Dec 2nd, 2021 by Saurenergy E-commerce giant Amazon has announced 18 new utility-scale wind and solar energy projects across the U.S., Finland, Germany, Italy, Spain, and the U.K., totalling 5.6 gigawatts (GW) of procured capacity to date in 2021. Amazon now has 274 renewable energy projects globally and aims to power 100% of its business operations with renewable energy by […] Read more
US Firms Malta, Bechtel to Jointly Explore New Energy Storage Projects Updated On Thu, Dec 2nd, 2021 by Saurenergy Malta Inc., a Massachusetts-based developer of grid-scale, long-duration energy storage, and Bechtel Corporation, an engineering, construction, and project management company based in Virginia, are teaming up to pursue new energy storage projects around the world. The companies will work together to develop and deploy Malta’s 10-150+ hour energy storage technology in a variety of grid-scale […] Read more
iSun Announces Investment in Encore Renewable Energy Updated On Wed, Dec 1st, 2021 by Saurenergy Solar energy and clean mobility Infra company iSun is making a strategic minority interest equity investment in Encore Renewable Energy, one of the Top 20 US commercial solar developers. iSun offers the following key highlights of the new agreement: Investment to accelerate expansion of iSun’s Commercial, Industrial and Utility businesses into new geographic markets Provides […] Read more
With REC Trading Back, IEX Looks To Renewable Growth To Build Momentum Updated On Tue, Nov 30th, 2021 by Saurenergy Highlights: “The RPO compliance equation has to be continuously reassessed as several market-based avenues are available.” “We are currently at some 110 GW, so we have another nine years period to meet the target (500 GW of RE capacity by 2030). Pace at which capacity addition happens must grow at a 50% year on year […] Read more
IREDA, BVFCL Team Up for Green Energy Projects Updated On Tue, Nov 30th, 2021 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) has signed a Memorandum of Understanding (MoU) with Brahmaputra Valley Fertilizer Corporation Limited (BVFCL) for providing its techno-financial expertise in developing renewable energy projects and fund raising. The two companies are Public Sector Undertakings (PSUs) under the Ministry of New & Renewable Energy (MNRE) and the Ministry of […] Read more
Powin Announces New Centipede Battery Energy Storage System Updated On Tue, Nov 30th, 2021 by Saurenergy Powin LLC, which designs and manufactures ‘safe and scalable’ battery energy storage solutions, announced its new Centipede battery energy storage platform. Centipede is the company’s first fully modular design, complete with pre-integrated segments containing batteries, thermal management equipment, and essential safety systems. Compared to previous generations of Powin’s Stack™ products and smart enclosures, Centipede claims […] Read more
