Gravity based Energy Storage Startup Energy Vault Announces $100 Million Funding Updated On Wed, Aug 25th, 2021 by Saurenergy Energy Vault, the firm behind gravity-based, grid-scale energy storage solutions with its proprietary technology, today announced $100 million in Series C funding. We had covered the firm’s series B funding back in 2019. The newest investment round is being led by existing investor Prime Movers Lab, with additional participation from other existing investors including SoftBank […] Read more
Renewable Energy Marketplace LevelTen Raises $35 Million Series C Funding Updated On Wed, Aug 25th, 2021 by Saurenergy LevelTen Energy, a leading provider of renewable transaction infrastructure, has completed a $35 million Series C funding round led by NGP ETP, with participation from My Climate Journey (MCJ) Collective, as well as nearly all of LevelTen’s existing investors, including Avista Development, Constellation Technology Ventures, Equinor Ventures, Founders’ Co-op, Prelude Ventures, Techstars, TotalEnergies Ventures and […] Read more
Solar A Big Contributor To Brahma Kumaris Drive For Sustainable Energy Updated On Wed, Aug 25th, 2021 by Saurenergy The Brahma Kumaris, the now global spiritual movement with its Headquarters in Mount Abu, Rajasthan has grown to be a massive organisation today. With hundreds of thousands of members and centers across almost a 100 countries. One of the driving ethos of the movement today is a push to be sustainable, and while that can […] Read more
Global Power Sector Emissions Increases by 5% : EMBER Updated On Wed, Aug 25th, 2021 by Saurenergy A new report published by energy think tank Ember reveals that rising global electricity demand in the first half of 2021 outpaced growth in clean electricity, which led to an increase in emissions-intensive coal power. As a result, global power sector emissions increased beyond pre-pandemic levels. “Catapulting emissions in 2021 should send alarm bells across […] Read more
Japan to Recycle Solar Modules Using Blockchain Tech Updated On Wed, Aug 25th, 2021 by Saurenergy Solar PV manufacturer Next Energy and trading and investment business conglomerate Marubeni are partnering to recycle used solar panels using blockchain technology, as part of a programme supported by Japan’s Ministry of the Environment. Mitsubishi Research Institute will also assist the two companies in developing and demonstrating the potential of blockchain in reporting and recording information […] Read more
RUMSL Invites Bids for ESIA of 600 MW Floating Solar Project in MP Updated On Wed, Aug 25th, 2021 by Saurenergy The Rewa Ultra Mega Solar Limited (RUMSL) is seeking bids from consultants for the Environmental and Social Impact Assessment (ESIA) of a 600 MW floating solar PV project and its auxiliary structures (including floating/ marine structures, transmission infrastructure, etc.) located in the Kaveri Branch reservoir of Omkareshwar Dam, Madhya Pradesh. The move was long awaited, […] Read more
ReNew Power Merges with RMG II, Lists on Nasdaq via SPAC Updated On Wed, Aug 25th, 2021 by Saurenergy Haryana-based ReNew Power has completed its previously announced business combination with RMG Acquisition Corporation II. After the combination, RMG II has become a wholly-owned subsidiary of ReNew Energy Global. Consequently, ReNew’s Class A ordinary shares and warrants commenced trading on the U.S. stock exchange NASDAQ on August 24, 2021. The company listed in the US through […] Read more
Gautam Solar On Course To Install 2500 Solar Pumps in Haryana Updated On Wed, Aug 25th, 2021 by Saurenergy New Delhi-based solar power equipment manufacturer Gautam Solar has installed 1,500 solar pumps at various locations in Haryana under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme, as per the company’s press release. While the company had installed 1,000 solar pumps in Haryana by May 2021, by August, the company won an […] Read more
TPREL Commissions 150 MW Solar Project in Rajasthan Updated On Tue, Aug 24th, 2021 by Saurenergy Tata Power Renewable Energy Ltd. (TPREL), a wholly-owned subsidiary of Tata Power, has commissioned a 150 MW solar power project in Loharki, a village in Rajasthan. Spread across 756 acres of land, this plant is expected to generate more than 350 million units annually. Approximately 656,700 modules were used in the project, and the installation […] Read more
