Volvo Invests $4.9 million In Connected Energy For Second Life Battery Business Updated On Mon, Jun 20th, 2022 by Saurenergy Volvo Energy is investing about 50 million Swedish kronor (SEK) or $4.9 million for 10 percent in the UK-based second-life battery energy storage specialist Connected Energy. Joachim Rosenberg, President, Volvo Energy, said, “There is a great deal of untapped potential in the second-life use of batteries. This forward-leaning investment aims to facilitate the scaling-up of […] Read more
California Set To Add 465 MW More Solar Projects to Its Energy Portfolio In 2022 Updated On Fri, Jun 17th, 2022 by Saurenergy California is going to add two new big solar projects (Arica solar project & Victory Pass solar project) to its energy portfolio for the year 2022. The U.S. Department of the Interior, Bureau of Land Management has approved the development of both solar projects. Solar developer of both projects, Clearway Energy is ready to install […] Read more
Petronas Owned Gentari Targets 40 GW of renewable energy by 2030 Updated On Fri, Jun 17th, 2022 by Saurenergy The national oil company of Malaysia – Petroliam Nasional Bhd (Petronas) – has announced that the company is aiming to build a Renewable Energy capacity of 30 – 40 GW through its new business unit Gentari by 2030. Petronas informed that the special focus for the renewable energy addition will be on solar power energy. […] Read more
Tata Solar Commissions 66 MW Solar Project for Vibrant Energy Updated On Thu, Jun 16th, 2022 by Saurenergy Tata Power Solar Systems, a wholly-owned subsidiary of Tata Power, has commissioned an EPC (Engineering, Procurement and Construction) project of 66MW for Vibrant Energy. The firm claims that the project will produce 110,029 units of energy annually. The project is spread over 191 acres comprising 1,27,268 solar modules and has been completed within a nine-month […] Read more
MIAL Launches First Of Its Kind Vertical Axis Wind & Solar System Updated On Wed, Jun 15th, 2022 by Saurenergy Mumbai International Airport, Chhatrapati Shivaji Maharaj International Airport (CSMIA) has become India’s first airport to launch a one-of-its-kind Vertical Axis Wind Turbine (VAWT) & Solar PV hybrid (Solar Mill) to explore the possibility of utilization of wind energy at the airport. CSMIA has introduced this pilot program in collaboration with WindStream Energy Technologies India Pvt […] Read more
World’s Largest Solar Plus Storage Project Coming up in Philippines Updated On Fri, Jun 10th, 2022 by Saurenergy The Philippines is set for a major renewable energy expansion in the near future. In a fresh development, Philippines-based billionaire and the second richest man of the country – Enrique Razone – will be developing the largest such solar power project in the country. According to the official statement, the mega solar power facility will […] Read more
Agilitas Energy Raises $350 Million to Expand Renewables & Storage Platform Updated On Fri, Jun 10th, 2022 by Saurenergy Agilitas Energy, which claims to be the largest energy storage and solar PV player in the northeastern USA, has announced that it has raised $350 million of equity in a two-tiered investment from funds managed by CarVal Investors. The official statement of Agilitas held that the investment amount may be further upsized to $650 million […] Read more
Endurance Technologies Enters BMS Segment With Maxwell Energy Acquisition Updated On Thu, Jun 9th, 2022 by Saurenergy Indian auto-component maker Endurance Technologies has now entered into the new avenue of the electric vehicle centric product lines. This has come with the key acquisition of Battery Management System (BMS) unit of Mumbai based company Maxwell Energy Systems. The deal between the two companies entails that Endurance Technologies shall buy a 51 per cent […] Read more
Bokaro Steel Plant to develop twin floating solar power projects Updated On Wed, Jun 8th, 2022 by Saurenergy The Bokaro Steel Plant (BSL) – a subsidiary of state owned Steel Authority of India Limited (SAIL) – has planned for two floating solar power plants on two different water bodies. Garga Dam and Cooling Pond-1 are the identified water bodies that will host the floating solar panels to support the electricity needs of the […] Read more