X-ELIO Breaks Ground on $136 million Solar & BESS Projects in Texas Updated On Sun, Apr 30th, 2023 by Saurenergy Joining the race for a future characterised by absolute use of renewable energy in the USA, leading renewable energy developer X-ELIO broke ground for twin projects in Texas. The company is building 72 MW Liberty Solar Plant and 60 MW Battery Energy Storage System (BESS) Project, located in both Liberty and Harris Counties. X-ELIO said […] Read more
True Green Capital (TGC) Takes Majority Stake In CleanChoice Energy Updated On Sun, Apr 30th, 2023 by Saurenergy Connecticut based renewables investment firm True Green Capital Management has announced that it has acquired majority stake in Washington based cleantech company CleanChoice Energy. CleanChoice claims to empower people and businesses to access climate solutions. TGC will be offering dedicated capital to fund CleanChoice’s solar development pipeline. The acquisition will fuel the growth of CleanChoice […] Read more
Record Renewable Output Lowers Costs, Emissions – Australian Energy Market Operator Updated On Fri, Apr 28th, 2023 by Saurenergy According to the Australian Energy Market Operator (AEMO), the country witnessed a significant increase in its renewable energy production in the quarter that ended in March. As a result, energy costs decreased, carbon emissions hit record lows, and there was a shift away from power generated by coal and gas. This surge in renewable energy […] Read more
Explained: Can Higher Energy Density Batteries Power Air Travel ? Updated On Fri, Apr 28th, 2023 by Saurenergy One of the world’s largest battery manufacturers, CATL, has recently unveiled its new condensed battery boasting an impressive 500 Wh/kg energy density. The significance of this can be gauged from the fact that the firm teased the idea of electrifying passenger aircraft with its new battery revelation. And yes, it’s not yet another ‘demonstrator’ with […] Read more
Anirban Das to Step into Chief Investment Officer Role at Vibrant Energy Updated On Thu, Apr 27th, 2023 by Saurenergy Vibrant Energy, a green energy solution provider to commercial and industrial customers, has announced the appointment of Anirban Das as the Chief Investment Officer (CIO) of the firm. In this role, Anirban will work closely with Srinivasan Viswanathan, CEO, leading all fund raising and investment activities across the capital stack for Vibrant, the company said […] Read more
ITI Ltd Installs 1 MW Solar Facility At Palakkad Plant Updated On Thu, Apr 27th, 2023 by Saurenergy Central public sector undertaking and multi-technology player ITI Ltd has announced that it has commissioned a 1-MW solar power plant at its ITI Palakkad Plant. The solar power project is grid-connected, said ITI Ltd. Rajesh Rai, Chairman and Managing Director (CMD) of ITI Limited, Nagraj K.V., General Manager & Unit Head and Prince R V, […] Read more
Cosmic PV Breaks Ground For Expansion of Solar Manufacturing Updated On Wed, Apr 26th, 2023 by Saurenergy Surat-based Cosmic PV Power Pvt. Ltd has announced the ground breaking ceremony for its 600 MW expansion for manufacturing solar modules. Announcing the new fully automatic robotics manufacturing facility in Surat, the company said that the state-of-the-art facility will produce multi BB modules . The Facility is spread over more than 3,00,000 Sq. Ft area […] Read more
ACWA Power Gets $123 Million Loan For 200MW Egyptian Solar Project Updated On Tue, Apr 25th, 2023 by Saurenergy Saudi Arabia’s renewables developer ACWA Power has secured a financial package of $123 million to develop 200MW Kom Ombo utility-scale solar power plant in Egypt. Financing institutions for the solar project of ACWA Power include EBRD, OPEC Fund OPEC Fund, African Development Bank (AfDB), Sustainable Energy Fund for Africa (SEFA), GCF, APICORP and Arab Bank. […] Read more
OCI Solar Power Sells 110 MW Texas Solar Project to Mitsui Updated On Tue, Apr 25th, 2023 by Saurenergy Just as Joe Biden administration is pushing up the renewables in the USA through legislative and administrative exercise, Texas based utility-scale developer OCI Solar Power has announced that it has sold a 110 MW construction-ready, solar photovoltaic project to Mitsui & Co., Ltd. The solar power project is located in Hill County, Texas named ‘Three […] Read more
