Matrix Gas & Renewables Raises Rs 350 Crore In Pre-IPO Round Updated On Tue, Mar 5th, 2024 by Saurenergy Gensol Group Company, Matrix Gas & Renewables Limited, has raised Rs 350 crore in the pre-IPO round. With the current capital raise, Matrix is now well positioned to accelerate its growth initiatives towards expanding market share for the gas aggregation business, acquiring City Gas Distribution (CGD) assets, and funding the ongoing capital expenditure plan. This […] Read more
Rolls-Royce To Supply Large-Scale Battery Storage To Latvian National Grid Updated On Fri, Mar 1st, 2024 by Saurenergy Rolls-Royce has received an order from the Latvian transmission system operator Augstsprieguma tikls (AST) to supply an mtu large-scale battery storage system to secure the Latvian power grid. In 2025, Latvia, together with the other Baltic states, will synchronize its energy supply system with the continental European power grid. Following the order, Rolls-Royce will supply […] Read more
EV Charging Firm TelioEV Ventures Abroad In Five Countries Updated On Thu, Feb 29th, 2024 by Saurenergy EV charging management solutions company TelioEV has announced that it has expanded its network into five new countries including Sri Lanka, Nepal, Malaysia, Saudi Arabia, and Oman. The company commenced its operations in these regions in December 2023 and is currently engaging with various stakeholders, including charge point operators, OEMs, EV users, electric vehicle merchants, […] Read more
Quantum Energy Partners With BatterySmart For 2-3 Wheeler EV Charging Updated On Wed, Feb 28th, 2024 by Saurenergy Electric two-wheeler manufacturer Quantum Energy has announced that it has come into an alliance with a battery-swapping network Battery Smart with an aim to cater to two and three-wheeler electric vehicles. As per the official release by the firm, this collaboration aims to leverage Battery Smart’s extensive network of over 900 swap stations across 25+ […] Read more
Solis Seminar-Enhancing Winter Performance: Inverter Management in Cold Weather Updated On Wed, Feb 28th, 2024 by Saurenergy Background Navigating the challenges posed by winter conditions is crucial for photovoltaic systems, especially concerning inverters. In a recent Solis seminar, experts shared insights on optimizing inverter performance in low-temperature environments. Effects of Low Temperature on Inverter Operation: Voltage Fluctuations: Low temperatures elevate the open circuit voltage of PV modules, causing an increase in the […] Read more
Albania Commences Its First Utility-Scale PV Plant Using Sineng Inverters Updated On Mon, Feb 19th, 2024 by Saurenergy Sineng a renewable energy product supplier recently connected the 140MW Karavasta solar plant, located in the Fier region of southern Albania, to the grid. The project delivers electricity to the transmission system and this project claims to be one of large photovoltaic projects in Albania and the Western Balkans. The project was awarded to Voltalia […] Read more
PM Set To Inaugurate RE Projects At UP Global Investors Summit Updated On Mon, Feb 19th, 2024 by Saurenergy Prime Minister Narendra Modi announced his plans to launch 14 thousand projects across the state worth more than 10 Lakh crore rupees on his visit to Uttar Pradesh (UP). UP has earlier this year released a tender inviting bids for procurement of solar power on a long-term basis through a tariff-based competitive bidding process (TBCB). […] Read more
Pulse Energy Partners With ChargeZone, Other Charging Networks For Expanding EV Charging Updated On Tue, Feb 13th, 2024 by Saurenergy Electric Vehicle charger aggregator, Pulse Energy has announced its partnership with ChargeZone and 20+ charging networks across India. The company said that the partnership is aimed at offering a unified EV charging experience to EV users and fleets. According to a press statement by the company, fleet operators can now partner with Pulse Energy directly […] Read more
Sterlite Announces Fin Closure For Beawar Project From REC Updated On Mon, Feb 12th, 2024 by Saurenergy In yet another indicator of the improved funding environment for larger power projects, especially in the renewables sector, Sterlite Power, has announced a financial closure for its Beawar Transmission Limited (BTL) project. Sterlite project has secured funds totaling INR 2400 Cr. from REC Power Development and Consultancy Limited, a wholly owned subsidiary of Rural Electricity […] Read more