EDP Invests $3 mn in Rensource for Promoting Expansion in Nigeria Updated On Thu, Dec 26th, 2019 by Saurenergy EDP will invest USD 3 million in Rensource, a company that develops and manages decentralized solar energy systems, to support its expansion in Nigeria. The EDP Group has announced that EDP Renewables (EDP Renováveis) will invest USD 3 million in Rensource, a company that develops and manages decentralized solar energy systems, to support its expansion in Nigeria. […] Read more
Delhi Cabinet Clears EV Policy, Targets 5 Lakh Vehicles by 2024 Updated On Tue, Dec 24th, 2019 by Saurenergy In an attempt to help curb the capital’s pollution levels, the Kejriwal Government has cleared the EV Policy for Delhi In an attempt to help curb the capital’s pollution levels, the Kejriwal Government has cleared the Electric Vehicle (EV) Policy for Delhi. Under he policy, the government aims to register at least 5 lakh EVs […] Read more
New Thermodynamic Formula Reveals Bifacial Panels Generate 15-20% More Power Updated On Tue, Dec 24th, 2019 by Saurenergy A new thermodynamic formula reveals that the bifacial cells making up double-sided panels generate on average 15-20 percent more power than monofacial cells Double-sided solar cells are already enabling panels to sit vertically on land or rooftops and even horizontally as the canopy of a gas station, but it hasn’t been known exactly how much […] Read more
Electric Pickup Truck Startup Rivian Closes $1.3 Billion Funding Round Updated On Tue, Dec 24th, 2019 by Saurenergy Rivian has announced that it has closed a funding round of USD 1.3 billion. The financing was led by funds and accounts advised by T. Rowe Price. Michigan-based electric pickup truck startup Rivian has announced that it has closed an investment/ funding round of USD 1.3 billion. The financing was led by funds and accounts […] Read more
Vector Green In The Big League With Rattan India’s Renewables Acquisition Updated On Tue, Dec 24th, 2019 by Saurenergy Mumbai-based Vector Green Energy Private Limited, now owned by the US based Global Infrastructure Partners (GIP), a global infrastructure investor with over $60 billion in assets worldwide, has formally entered the big league with the completion of its latest acquisition of about 275 MW pf solar assets belonging to Rattan India.. The firm, a wholly […] Read more
Corporate Renewable PPAs in India to Drop by a Third in 2019: Report Updated On Mon, Dec 23rd, 2019 by Saurenergy A new report has predicted that in India the annual corporate PPA renewable additions in 2019 will be about 30-35 percent lower than installations in 2018 A new report has revealed that India was the second-largest growth market for corporate renewable Power Purchase Agreements (PPAs) after the US in 2018, with an addition of 1.6 […] Read more
TERI Tenders for Battery Energy Storage Systems in Delhi Updated On Wed, Dec 18th, 2019 by Saurenergy TERI has issued a tender for the commissioning of Battery Energy Storage Systems on turnkey basis under the UI-ASSIST initiative with BRPL in Delhi The Energy and Resources Institute (TERI) has issued a tender for the commissioning of Battery Energy Storage Systems (BESS) on turnkey basis under the UI-ASSIST initiative with the BSES Rajdhani (BRPL) […] Read more
Bank of America Extends Rs 356.5 cr LOC to Fourth Partner Energy Updated On Tue, Dec 17th, 2019 by Saurenergy Distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) LOC from the Bank of America. Hyderabad-based distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) line of credit (LOC) from the Bank of America. This is Bank of America’s […] Read more
100 GW Milestone Achieved, Sungrow Looks To New Horizons for Growth Updated On Fri, Dec 13th, 2019 by Saurenergy Hefei, China based Sungrow Power Supply Company (Sungrow) announced a key milestone of 100 GW of cumulative installations for its inverter range this week, before the end of the year 2019. The firm has a wide offering of inverters for renewable deployment, with sizes ranging from 2.5 KW for rooftops to 6.8 MW for Utility […] Read more
