PVEL Is Now Kiwa PVEL After Formal Renaming Updated On Wed, Apr 3rd, 2024 by Saurenergy Netherlands-based Solar testing firm Kiwa Group has formally integrated three subsidiaries, PV Evolution Labs (PVEL), PI Berlin and Extel Energy, as integrated brands. The new entities will be called Kiwa PVEL, Kiwa PI Berlin and Kiwa ExTEL. As market leaders in the service of solar photovoltaic (PV) and energy storage projects, PVEL, PI Berlin, and […] Read more
Servotech, Electra Collaborate To Develop Fast EV Charging Solution Updated On Tue, Apr 2nd, 2024 by Saurenergy Servotech Power Systems Ltd., an EV chargers and solar solutions provider, and Electra EV, an electric vehicle powertrain solutions company, have collaborated together regarding EV charger technology, for which they filed for patents recently. This solution can enable fast DC charging of any GB/T Bharat DC 001 vehicle (which is on sub 200V DC platforms) […] Read more
IOCL, Panasonic Energy Form JV For EV Batteries Updated On Mon, Apr 1st, 2024 by Saurenergy Indian Oil Corporation Limited and Panasonic Energy, a Panasonic Group Company, have signed a binding term sheet to draw a framework for the formation of a JV for manufacturing cylindrical lithium-ion cells in India in anticipation of expanding demand for batteries for two and three-wheel vehicles and energy storage systems in the Indian market, the […] Read more
Stonepeak & Shizen Energy To Form Asian Onshore Wind Platform Updated On Wed, Mar 27th, 2024 by Saurenergy Alternative investment firm Stonepeak has completed an investment in TerraWind Renewables, an onshore wind energy platform, in partnership with Shizen Energy Inc, a Japanese renewable energy company. As part of the transaction, Stonepeak has acquired an 80% interest in TerraWind, with Shizen Energy retaining the remaining 20% interest in the business. TerraWind will focus on […] Read more
MoP Issues Viability Gap Funding Guidelines For BESS Project Updated On Fri, Mar 22nd, 2024 by Saurenergy The Ministry of Power (MoP) has issued the guidelines for the Rs 94 billion program to provide viability gap funding (VGF) of up to 40% to develop 4,000 Mh of battery energy storage systems (BESS) capacity across the country. According to the MoP, the budget that has been allocated to the programme stands at $37.6 […] Read more
UK-Based Statera Secures 670MW Contracts in Auctions Updated On Fri, Mar 22nd, 2024 by Saurenergy In the latest Capacity Market auctions, UK-based Statera has provisionally secured contracts for 670MW of capacity commencing in October 2027, at a record T-4 clearing price of £65/kW. The Capacity Market ensures the UK’s security of electricity supply by guaranteeing the availability of sufficient backup power, stated a press release by Statera As per a […] Read more
Adani Electricty Plans To Install 8,500 EV Charges In Mumbai Societies Updated On Thu, Mar 21st, 2024 by Saurenergy Adani Electricity Mumbai Ltd has announced that it has plans to install 8,500 chargers for electric vehicles (EVs) across apartment societies in Mumbai, reported news agency PTI. The Adani group company said it has launched what it calls the “share charge” initiative under which multiple EV owners can charge their vehicles, as was reported by […] Read more
Arevon Inks Deal With San Diego Community Power For Avocet Energy Storage Updated On Wed, Mar 20th, 2024 by Saurenergy US-based renewable energy developer Arevon Energy has announced it has entered into a 15-year energy storage service agreement with San Diego Community Power (SDCP), California’s second-largest community choice aggregator, for the full capacity of the Avocet Energy Storage Project. The project is a 200-megawatt (MW)/800 megawatt-hours (MWh) stand-alone battery energy storage system (BESS) located in […] Read more
GoodEnough Energy To Setup 7GWh BESS Gigafactory In J&K Updated On Wed, Mar 20th, 2024 by Saurenergy GoodEnough Energy has announced to start of its Battery Energy Storage Systems (BESS) gigafactory for grid stability with an initial capacity of 7GWh in Jammu and Kashmir (J&K). The Battery Energy Storage Systems (BESS) manufacturer factory is estimated to have 20 GWH capacity by 2026 in its goal to create a fully integrated ecosystem. The […] Read more
