Gensol Emerges as L1 in NHPC Green Hydrogen Mobility Station Tender Updated On Thu, Nov 16th, 2023 by Saurenergy Gensol Engineering Ltd., a firm that delves in the renewable energy and electric mobility sectors, has been identified as the lowest bidder for Engineering, Procurement and Commissioning (EPC) contract for a green hydrogen-based mobility station in Kargil, Ladakh. The NHPC mobility station tender was released in June, 2023. Gensol has emerged as the lower bidder […] Read more
Trina Solar In Tie-Up for Supplying 1.5 GW Modules for Oceania Updated On Thu, Nov 16th, 2023 by Saurenergy Trina Solar, the world’s leading PV and smart energy total solutions provider, has signed a memorandum of understanding (MoU) with leading wholesale distributor, Marubeni Australia, to supply 1.5GW of Vertex N solar modules to the Oceania region over a five-year period. Vertex is Trina Solar’s flagship product range that uses larger-size, 210mm-long, solar cells commonly […] Read more
Indore-Based EKI Power Gets Nod For ISTS Power Trading Licence Updated On Wed, Nov 15th, 2023 by Saurenergy Indore-based EKI Power Trading Limited today received approval for a licence from the Central Electricity Regulatory Commission (CERC) for commencing transmission of power under the Inter-State Transmission System (ISTS). The decision from the central commission came when the firm moved the CERC seeking its approval for a licence of electricity transmission. The company was incorporated […] Read more
Solar Rental Marketplace OTOVO Raises €40mn Funding Updated On Wed, Nov 15th, 2023 by Saurenergy Norwegian solar startup Otovo has secured €40mn from its existing investors including Å Energy, Axel Johnson Group, and Nysnø, the Norwegian government’s Climate Investment Fund. The funding will help the firm expand its rent-to-buy online marketplace for solar panels, as it seeks to ride the strong residential solar market growth across the EU. This latest […] Read more
Battery Management Firm Element Energy Raises $111 Million Updated On Wed, Nov 15th, 2023 by Saurenergy US battery management firm Element Energy, a Menlo Park-based Battery Management Technology company founded in 2019, has announced the close of $111 million in capital comprised of a $73 million Series B equity investment and a $38 million debt facility provided by Keyframe Capital Partners, L.P. The Series B round is co-led by one of […] Read more
EU’s Grid Infrastructure Needs 200 GW Battery Storage: Report Updated On Tue, Nov 14th, 2023 by Saurenergy The Solar Power Europe report on the use of storage in grid, and the importance of developing supportive energy policy talked about several aspects of the grid infrastructure in the European Union (EU). It underscored the key recommendations for strengthening the EU grid policy to drive transformative changes in the energy landscape for battery storage. […] Read more
Swift Current’s 197 MW Castle Gap Wind Project Set Into Motion Updated On Tue, Nov 14th, 2023 by Saurenergy Swift Current has announced that it has kickstarted operations of its 197 MW Castle Gap Wind Project established in Central Texas. The project supplies power to retail giant, Target Corporation. Swift Current and Target Corporation have forged a partnership by way of a virtual power purchase agreement. Presently, the wind project is generating enough energy […] Read more
THDC to Build RE Projects of 3270 MW in Karnataka Updated On Fri, Nov 10th, 2023 by Saurenergy Uttarakhand-based government firm THDC India Ltd (THDCIL) has set sights on establishing 3,270 megawatts (MWs) of clean energy projects in Karnataka with emphasis on pumped storage and floating solar in the state. The THDC project in Karnataka is likely to boost the growth of renewable energy in the state also increase the presence of THDC […] Read more
Tata Power Delivers Steady Q2, 16th Quarter of Growing Profits Updated On Fri, Nov 10th, 2023 by Saurenergy Tata Power has revealed its financial results for Q2 for FY24 in its analyst call presentations– for the quarter ended September 30, 2023. The private power firm that hopes to have a majority of it’s assets portfolio in renewables by FY26, has delivered a strong set of numbers, with profits after tax up 9% to […] Read more
