NeoVolta Announces 211% Quarter-On-Quarter Increase in First Quarter 2021 Revenues Updated On Tue, Nov 10th, 2020 by Saurenergy Increase in Wholesale Dealers and Installers Drives Revenue Growth NeoVolta, manufacturer of Smart Energy Storage Systems, has announced financial results for the first quarter 2021. The company reported that revenues for the quarter ending September 30, 2020 were $1,000,171, compared to $321,650 for the same quarter of last year. This dramatic 211% growth quarter-on-quarter reflected […] Read more
Rising Market Cap Fuels Acquisition Ambitions For US Renewable Energy Firms Updated On Tue, Nov 10th, 2020 by Saurenergy Early in October this year, NextEra Energy, a renewable energy firm with almost 18 GW of solar and wind plants till last year, overtook Exxon Mobil in market cap for the first time ever. The event marked both the rising tide for renewable energy firms seen as leading the new energy transition, and the mark […] Read more
13 Breakthrough Startups Graduate Shell E4 Programme on Demo Day 2020 Updated On Tue, Nov 10th, 2020 by Saurenergy Post the remarkable success of two editions of the Shell E4 programme, Shell’s third cohort of 13 startups graduated on this year’s Demo Day Post the remarkable success of two editions of the Shell E4 (Energizing and Enabling Energy Entrepreneurs) programme, Shell’s third cohort of 13 startups graduated on this year’s Demo Day – the […] Read more
Fortum Partners up to Boost EV Charging Infrastructure Growth in India Updated On Mon, Nov 9th, 2020 by Saurenergy To bolster EV charging infrastructure in India, Fortum signed an agreement whereby Finnfund will invest in a minority share of Fortum Charge and Drive India To bolster growth for electric vehicles (EV) charging infrastructure in India, Fortum signed an agreement whereby Finnfund, a Finnish development financier and professional impact investor, will invest in a minority […] Read more
SECI Offers Extension in EOI Submission for RE Solutions in Himalayas Updated On Mon, Nov 9th, 2020 by Saurenergy SECI has extended the last date for submission of EOI for its call for RE based solutions for meeting energy requirements in remote areas of the Himalayas The Solar Energy Corporation of India (SECI) has issued a notification, extending the last date for submission of Expression of Interest (EOI) for its call for renewable energy […] Read more
Iberdrola Pledges €75 Billion to Capitalise on Energy Transition Updated On Sat, Nov 7th, 2020 by Saurenergy Ignacio Galán CEO of Iberdrola “After 20 years of anticipating the energy transition, our business model positions us as a key agent in the transformation of the industrial fabric. With our experience, our engagement with society and our financial strength, we are advancing a model for long-term sustainable economic growth capable of meeting the current […] Read more
Neoen to Build one of the World’s Largest Batteries in Australia Updated On Fri, Nov 6th, 2020 by Saurenergy Neoen has been awarded a 250 MW grid services contract by AEMO, the services will be provided by Neoen’s future 300 MW Victorian Big Battery, set to become one of the world’s largest batteries. Neoen, one of the world’s leading and fastest-growing producers of renewable energy, has announced that it has been awarded a 250 […] Read more
Inverted Energy Opens Lithium-ion Battery Manufacturing Facility in Delhi Updated On Fri, Nov 6th, 2020 by Saurenergy Inverted Energy has announced the opening of its new lithium-ion battery manufacturing facility in the Okhla Industrial Area in New Delhi. Delhi-based battery manufacturer Inverted Energy has announced the opening of its new lithium-ion battery manufacturing facility in the Okhla Industrial Area in New Delhi. The company stated that the commissioning of the plant, which currently has a production […] Read more
MoP Amends Guidelines for Procurement of RTC Renewable Power Updated On Fri, Nov 6th, 2020 by Saurenergy The Ministry of Power (MoP) has issued amendments to guidelines for the procurement of RTC power from renewable projects, complemented with other sources. The Ministry of Power (MoP) has issued, in a Gazette Notification, amendments to guidelines for the tariff-based competitive bidding process for procurement of Round-The Clock (RTC) power from grid-connected renewable energy power […] Read more