Japan’s JERA and France’s ADEME, IDEOL Team Up to Form 2 GW Floating Wind Farm JV Updated On Mon, Jun 22nd, 2020 by Saurenergy Japan’s largest utility company JERA said that it has agreed with French state-owned investment firm ADEME Investissement and Ideol, France’s leading floating offshore wind technology company, on the key terms for establishing an investment vehicle to develop a floating offshore wind farm. Through this joint venture, the three companies aim to establish an investment vehicle […] Read more
Smart Meters Help TPDDL to Raise 3.5 Lakh Bills with Actual Readings amid Lockdown Updated On Mon, Jun 22nd, 2020 by Saurenergy With the help of smart meters installed at the customers’ premises, Tata Power Delhi Distribution Ltd (Tata Power-DDL or TPDDL), the distribution arm of Tata Power and Delhi Government, has managed to raise 3.5 lakh bills with actual readings instead of provisional ones amidst lockdown period between April and May 2020. Through the installation of […] Read more
Funding For Renewable Energy Software Development- Clir Raises C $1.7M Updated On Mon, Jun 22nd, 2020 by Saurenergy Vancouver, Canada based Clir Renewables has announced a Canadian $ 1.7 million debt funding from In yet Silicon Valley bank. The funding dives home just how critical software is becoming to managing and assessing renewable energy performance, as tools like AI, 5G and more make an entry in ever larger ways. Clir invests in expanding […] Read more
Azelio, CITRUS Ink MoU for Energy Storage Supply to C&I Customers in Mexico, America Updated On Mon, Jun 22nd, 2020 by Saurenergy Swedish company Azelio has entered into a Memorandum of Understanding (MoU) with Mexican, CITRUS JMK S.A DE C.V (CITRUS) to assess energy storage for agricultural, mining, food and beverage, tourism and the oil & gas industry in Mexico, North and Central America. Commenting on the partnership, Jonas Eklind, CEO of Azelio, said that “CITRUS is […] Read more
Highview Power Gets £10 Mn Grant From UK Govt for 50 MW CRYOBattery Updated On Fri, Jun 19th, 2020 by Saurenergy Highview Power has been awarded a GBP 10 million grant from the UK Department for BEIS for a 50 MW cryogenic energy storage (CRYOBattery) facility. Highview Power, a global leader in long-duration energy storage solutions, has announced that it has been awarded a GBP 10 million grant from the UK Department for Business, Energy & […] Read more
New Scheme From SPI to Boost Power Demand of Minigrids Updated On Fri, Jun 19th, 2020 by Saurenergy SPI has launched a customer voucher scheme for minigrids customers, which is expected to have a significant positive impact on over 200 mini-grid villages Smart Power India (SPI) said that it has launched a customer voucher scheme (CVS) for minigrids customers. The scheme is expected to have a significant positive impact on over 125,000 lives in 200 mini-grid […] Read more
Greenbacker Acquires Energy Storage System Portfolio From Stem Updated On Thu, Jun 18th, 2020 by Saurenergy Greenbacker Renewable Energy has purchased the rights to a 7.9MW /16.5MWh portfolio of 16 operating and to-be-constructed energy storage systems from Stem Greenbacker Renewable Energy Company has announced that on June 9, 2020, through a wholly-owned subsidiary, it purchased the rights to Pacifica Storage LLC, a 7.9MW / 16.5MWh portfolio of sixteen operating and to-be-constructed […] Read more
Xcel Energy Proposes $3 Bn in Energy Investments in Minnesota Updated On Thu, Jun 18th, 2020 by Saurenergy Minneapolis based Utility Xcel Energy has announced its proposal for one of the largest packages of energy investments in Minnesota Xcel Energy, a utility holding company serving more than 3.3 million electric customers, has announced its proposal for the one of the largest packages of energy investments in Minnesota’s history, as part of its response […] Read more
EESL Plans to Invest £150 Mn in UK and Ireland Power Market in 2020 Updated On Thu, Jun 18th, 2020 by Saurenergy EESL has plans to invest around GBP 150 million over the course of this year in the UK and Ireland market, as part of its UK JV EnergyPro Assets Limited India’s Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, has plans to invest around GBP 150 million over the […] Read more
