With Approval In From Indonesia, Sun Cable Expands Project By 20 GW Updated On Fri, Sep 24th, 2021 by Saurenergy Sun Cable, promoted as the world’s largest single PV and battery storage project has expanded its project size further. The project, which seeks to build massive solar power plants in Australia along with storage capacity to supply to Singapore via undersea cables, has added 20 gigawatts for the solar component and 36-42GWh of battery storage. […] Read more
Solar Hybrid Systems Firm Zola Electric Raises $90 million Updated On Fri, Sep 24th, 2021 by Saurenergy ZOLA Electric, the Amsterdam, Netherlands-based renewable energy technology company solving Energy Access and Energy Equality in emerging markets, has announced the successful completion of a $90 million capital raise, comprised of $45 million of equity, $45 million of debt. The firm has a strong footprint in Africa for now, with its ZOLA flex plug-and-play, connected, […] Read more
GoodWe Collaborates with Skill Council For Green Jobs To Impart Solar Training Updated On Thu, Sep 23rd, 2021 by Saurenergy GoodWe, the global PV inverters and energy storage solution firm got its Solar Academy team that focuses on sharing knowledge of PV applications, to collaborate with the Skill Council for Green Jobs to support the skilling requirements in the PV sector. Titled “Advanced SPV System Design optimization& Criteria for Component Selection”, the course was aligned […] Read more
Blue Bear Capital Raises $150 million For Investments in Cleantech Startups Updated On Wed, Sep 22nd, 2021 by Saurenergy Blue Bear Capital, a venture and growth equity firm focused on AI-powered solutions for energy, infrastructure, and climate, has raised $150 million to invest in companies to help them build past the startup phase. Like Blue Bear’s first fund, the new fund will focus on digital technologies making an outsized impact in markets including wind, […] Read more
Solis Shines At REI 2021 Expo, Showcases Next Generation High Efficiency Inverters Updated On Wed, Sep 22nd, 2021 by Saurenergy Ginlong Technologies (Solis) participated in the recently concluded Renewable Energy India Expo 2021 (REI Expo 2021) in Greater Noida, India. The Solis team received good response from the solar industry, witnessing massive footfalls at its state-of-art showcase booth, the largest at the venue. Solis, a global leader in smart photovoltaic string inverters showcased their best […] Read more
Torrent Power Buys 156 MW Wind Capacity from CESC Updated On Wed, Sep 22nd, 2021 by Saurenergy Torrent Power on Tuesday announced that it has inked a share purchase pact to acquire 156 MW wind power projects for about Rs 790 crore from Surya Vidyut, an arm of CESC Ltd. Surya Vidyut operates 156 MW wind power plants spread across the states of Gujarat, Rajasthan and Madhya Pradesh, a statement said. The […] Read more
Offshore Wind Market to be Worth $93.7 B by 2028: Zion Market Research Updated On Tue, Sep 21st, 2021 by Saurenergy The global offshore wind energy market accounted for USD 44.8 Billion in 2020 and is expected to reach USD 93.7 Billion by 2028, growing at a CAGR of around 9.1% between 2021 and 2028, finds Zion Market Research. Wind power generation uses turbines to convert wind energy into electricity. The energy of the wind turns […] Read more
Lightsource BP, With Fresh $1.8 B Fundraise, Targets 25 GW RE by 2025 Updated On Tue, Sep 21st, 2021 by Saurenergy Lightsource BP, the London-based solar developer led by Nick Boyle, with 50% ownership by BP has secured a $1.8bn finance package that it announced will lead to a massive change in its plans for the immediate future. Calling the financing a key step to a change in mindset from ‘gigawatts to terawatts’ the firm has […] Read more
APTEL Accepts TPREL Claim For GST Compensation, After MERC Rejection Updated On Tue, Sep 21st, 2021 by Saurenergy In an interesting judgement uploaded yesterday, the Appellate Tribunal for Electricity (APTEL) has upheld an appeal filed by Tata Power Renewable Energy Limited (TPREL) against an order of the Maharashtra Electricity Regulatory Commission (MERC), on compensation for GST law changes. MSEDCL was the other party to the case, as the discom buying the power from […] Read more
