US Distributed Energy Major Nexamp Closes $680 million Fund Raise Updated On Wed, Aug 18th, 2021 by Saurenergy Nexamp, which has a focus on distributed solar and storage systems, has secured a $240 million equity investment led by Generate Capital. The company also recently raised $440 million in debt financing, bringing its total new funding to $680 million. The new funding will accelerate Nexamp’s ability to offer a flexible range of decarbonization options for customers, expanding its […] Read more
California Goes With Rule for Solar and Battery Storage on New Buildings Updated On Tue, Aug 17th, 2021 by Saurenergy The California Energy Commission (CEC) has adopted the 2022 Building Energy Efficiency Standards (Energy Code) for newly constructed and renovated buildings that say the new buildings need to be equipped with solar and battery storage for clean energy goals. As the state’s primary energy policy and planning agency, the CEC adopts standards every three years […] Read more
High Cost, Infrastructural Issues Limit Green Hydrogen’s Role in Energy Transition: Study Updated On Tue, Aug 17th, 2021 by Saurenergy Green hydrogen is recognised as a viable solution for reducing greenhouse gas emissions and transitioning away from fossil fuels for “hard-to-abate” sectors. The supply chain for hydrogen, however, is not yet fully developed. Several barriers, such as the high cost of green hydrogen compared to non-renewable alternatives and the lack of dedicated infrastructure, are still […] Read more
100 GW Renewable Energy Milestone Achieved, Much Work Ahead In India Updated On Fri, Aug 13th, 2021 by Saurenergy In self-congratulatory messages sent out yesterday, Power Minister R.K. Singh highlighted the key milestone of 100 GW of renewable energy capacity, excluding large Hydro, that has been reached in India. After including large Hydro, the number goes right up to 146 GW. According to India’s power ministry, India now stands at fourth position after China, […] Read more
Appliance Maker Stovekraft Is Greener With Solar Power Now Updated On Fri, Aug 13th, 2021 by Saurenergy Bangalore-headquartered manufacturer of cooking appliances, Stovekraft Ltd., has announced on Thursday to produce clean energy and cutting down its carbon footprints. The firm has gone green by installing a solar rooftop PV system with higher efficiency mono PERC 535/540Wp PV Module at its Bangalore factory. The factory is spread across 16 acres and has more […] Read more
Tata Power Wins 20MW Solar plus 50MWh Battery Storage Auction of SECI Updated On Thu, Aug 12th, 2021 by Saurenergy Tata Power Solar, India’s largest solar energy company, and Tata Power’s wholly-owned subsidiary has received a “Notice of Award” (NoA) to build 50MWp Solar PV Plant with 50MWh Battery Energy Storage System (BESS) project at Phyang village in Leh, Ladakh. The order value of the project is ÌNR 386 crores. The commercial operation date for […] Read more
MNRE Invites EoI for Evaluation of Solar Park Development Scheme Updated On Thu, Aug 12th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has invited Expression of Interest (EoI) from reputed experts and consultancy firms for evaluating the “Development of Solar Parks and Ultra Mega Solar Power Projects” scheme, which the ministry has been implementing since December 2014. The main objective of the scheme is to set up at least 50 […] Read more
GameChange Solar Finishes 394 MW Tracker Project in Gujarat for Tata Updated On Thu, Aug 12th, 2021 by Saurenergy US solar equipment supplier GameChange Solar has completed its first Genius Tracker™ project in India. The 394 MW project is located 110 km from Ahmedabad, Gujarat, and is expected to supply clean solar power to the equivalent of 376,000 households. The company, which manufactures fixed tilt structures and solar trackers, said that it is proud to […] Read more
Recurrent Energy Signs Agreement For 600 MWh Energy Storage Project Updated On Wed, Aug 11th, 2021 by Saurenergy A wholly-owned subsidiary of Canadian Solar Inc., Recurrent Energy today announced signing a 15-year Resource Adequacy agreement with Pacific Gas & Electric (PG&E) to provide 150 MW / 600 MWh of energy storage in phase 2 of the Crimson project. According to the firm, the 350 MW / 1,400 MWh Crimson project will be one […] Read more
