Early Stage VC SeaFund Invests in 5 DeepTech Startups Updated On Tue, Nov 21st, 2023 by Saurenergy Early stage focused Seafund Ventures has invested INR 5 crore across five sustainability focused startups. The fund plans to invest 20% of its entire investible corpus in clean energy and the EV value chain including sectors like transportation, logistics and circular economy. SeaFund is currently raising its second fund with a target corpus of INR […] Read more
BP Completes Repowering Wind Farm of 300 MW Capacity Updated On Tue, Nov 21st, 2023 by Saurenergy BP has completed repowering its wind farm in Indiana for 300 MW capacity. The Fowler Ridge 1 project, established in central Indiana, entailed the upgradation of 40 of the 162 turbines. This encompassed the installation of 120 individual blades and 40 new nacelles. These boast power generation equipment and transformers on top of the wind towers. […] Read more
E-Mobility Startup Baaz Bikes Eyes New Subscription Models with $8 Mn Funding Updated On Tue, Nov 21st, 2023 by Saurenergy Baaz Bikes, an electric mobility platform that helps gig workers make deliveries by its in-house designed bikes supported by automated battery swapping infrastructure, has pocketed $8 Mn in its Series A funding round. The funding round was led by BIG Capital based in Singapore. It also saw participation from Japan-based Rakuten Capital, Kalaari Capital, 9Unicorns, […] Read more
Tata Power Renewable Energy Ltd Exceeds 1.4 GW Group Captive Projects Updated On Tue, Nov 21st, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has crossed the 1.4 GW capacity of group captive projects in the last seven months. This achievement, the firm maintains, is the result of signing of Power Delivery Agreements (PDA) with various industries across segments. Some of the prominent group captive […] Read more
Analyst/ Associate – Energy Updated On Mon, Nov 20th, 2023 by Saurenergy Strong secondary research skills especially in the renewable energy sector esp distributed renewables Conduct regular primary interactions and liasoning with relevant stakeholders across India for data collection, project coordination and networking purposes Creating relevant data insights as per project needs and ability to present with requisite level of data visualizations Provide project delivery support to […] Read more
Tata Power Receives First Set of BESS for 120 MW Energy Project Updated On Mon, Nov 20th, 2023 by Saurenergy Tata Power has received the first set of Battery Energy Storage Systems (BESS) for 120 MW Energy Project from TATA AutoComp, a conglomerate that provides products and services to the Indian and global automotive OEMs. The BESS is for a capacity of 6 GWh. Dr. Praveer Sinha, CEO & MD, Tata Power received the BESS […] Read more
Top 5 Reasons Why India’s Power Demand Exceeded Projections Updated On Mon, Nov 20th, 2023 by Saurenergy India’s power demand has been rising steadily. The country’s higher than anticipated peak demand has been in the news, with peak demand touching a lifetime high of 223 GW in June 2023 when peak deficit touched 0.17 percent. As per the Load Generation Balance Report (LGBR) released by the Central Electricity Authority, the peak demand […] Read more
UK Supports Slumping Offshore Wind Sector With 66% Hike In Auction Prices Updated On Fri, Nov 17th, 2023 by Saurenergy The UK, which has been one of the largest offshore wind markets until now, has moved to limit the damage and recover lost ground after a series of offshore wind projects were threatened or cancelled. The projects in the UK, and other regions, notably the US, were all cancelled due to rising costs and maintainance […] Read more
SJVN Green Energy Ltd Signs PPA with SECI for 200 MW Wind Project Updated On Fri, Nov 17th, 2023 by Saurenergy SJVN Green Energy Limited (SGEL) has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI) for 200 MW wind project connected to the grid. SGEL had participated in the tariff based competitive bidding process conducted by SECI for selection of wind power developers for setting up 1,200 MW grid connected […] Read more
