Green Tech Firm Hydrostor Bags $250 M Invt from Goldman Sachs Updated On Thu, Jan 13th, 2022 by Saurenergy Canadian long-duration energy storage solution provider Hydrostor has secured a financing commitment of US$250 million from Goldman Sachs Asset Management’s private equity and sustainable investing businesses, an official statement said. The investment proceeds will be used to support the development and construction of Hydrostor’s 1.1GW, 8.7GWh of Advanced Compressed Air Energy Storage (A-CAES) projects in […] Read more
World’s ‘Largest’ Mfg Plant For BIPV Modules Commissioned in China Updated On Tue, Jan 11th, 2022 by Saurenergy BIPV solar technology company Sunman Energy has brought online in China what it claims to be the world’s ‘largest’ production facility for lightweight solar PV modules for BIPV (Building integrated PV) applications with 1 GW capacity, TaiyangNews has reported. The production line has come online in YangZhong city of Jiangsu province in China and was recently […] Read more
Discount Strategy Short Circuited For OPG Power In Tamil Nadu, As APTEL Vacates TNERC Order Updated On Thu, Jan 6th, 2022 by Saurenergy In an interesting order on January 4 from APTEL that lays bare the risk of offering tactical discounts without a clear strategy apparently, Chennai-based OPG Power generation has suffered a setback. The firm, which had signed a PPA on 12.12.2013 for supply of 74 MW RTC power for the period 01.06.2014 to 30.09.2028 to TANGEDCO, […] Read more
IEX December Updates- Drop in Green Market, REC Volumes Updated On Thu, Jan 6th, 2022 by Saurenergy The Indian Energy Exchange (IEX) has released its December trade figures. 9035 MU (Million Units) volume was cleared in December’21 (9477 MU in November) comprising 7285 MU in the conventional power market; 365 MU in the green power market and 1385 MU (13.85 lac Certificates) in the REC Market. Overall, the Exchange achieved 24% YoY […] Read more
Vedanta Aluminium, GEAR India to Deploy Lithium-Ion Forklift Fleets Updated On Wed, Jan 5th, 2022 by Saurenergy Vedanta Aluminium Business, India’s largest producer of aluminium and value-added products, has signed an agreement with GEAR (Gemini Equipment and Rentals Private Limited) India, to deploy one of the largest fleets of lithium-ion battery-powered electric forklifts, becoming the first in Indian aluminium industry to undertake such an initiative. The company shall commission 23 such forklifts […] Read more
CSP Player Heliogen Rounds off 2021 With Completion Of Merger With Athena Updated On Wed, Jan 5th, 2022 by Saurenergy For California-based Heliogen Inc., a provider of AI-enabled concentrated solar power, 2021 has been an exciting year, peppered with attractive investments from and valuable collaborations with major companies, especially in the mining and metals industry. Founded in 2013, Heliogen aims to alleviate the intermittency issues of renewable power generation sources. Its technology is designed to […] Read more
ETO Motors to Set Up Over 2500 EV Charging Stations in Delhi-NCR Updated On Tue, Jan 4th, 2022 by Saurenergy E-mobility solutions provider ETO Motors has joined forces with BSES and Tata Power DDL to set up around 2,000-3,000 EV charging stations in the next 2-3 years. Based in Hyderabad, the company is an electric vehicle manufacturer, fleet operator and a charging infrastructure provider. ETO Motors is currently operational in Hyderabad, Delhi, Bangalore, Noida, Nagpur, […] Read more
IIT-Madras Backs EV’s With New Masters Course On EV’s Updated On Tue, Jan 4th, 2022 by Saurenergy The Indian Institute of Technology, Madras, (IIT-Madras) is launching a master’s program on Electric Vehicles (EV) as an inter-disciplinary dual degree (IDDD). The new course is aimed at boosting the students’ engagement with e-mobility and will be offered for its BTech and dual degree students. This program would enhance the research capabilities in this field, […] Read more
Sterlite Power Commissions ₹1662 cr Transmission Project in MP Updated On Tue, Jan 4th, 2022 by Saurenergy Sterlite Power Transmission Limited has announced the successful commissioning of the Khargone Transmission Limited (KTL) project worth INR 1,662 crore in Madhya Pradesh. The company is a private sector power transmission infrastructure developer and solutions provider. The project will evacuate 1320 MW of power generated by the Khargone power plant to 765 kV Khandwa substation […] Read more
