GUVNL Looks to Procure 500 MW Solar Energy with 500 MW Greenshoe Option Updated On Thu, Nov 16th, 2023 by Saurenergy Gujarat Urja Vikas Nigam Ltd., (GUVNL) has issued a tender and invited bids for the purchase of power through competitive bidding process (followed by reverse e-auction) from 500 MW grid connected solar PV power projects without energy storage to be set up/ under construction/ already commissioned projects anywhere in India. The GUVNL tender comes with […] Read more
Battery Management Firm Element Energy Raises $111 Million Updated On Wed, Nov 15th, 2023 by Saurenergy US battery management firm Element Energy, a Menlo Park-based Battery Management Technology company founded in 2019, has announced the close of $111 million in capital comprised of a $73 million Series B equity investment and a $38 million debt facility provided by Keyframe Capital Partners, L.P. The Series B round is co-led by one of […] Read more
Solar Inverter Firm Growatt Pins Hopes On its MAX Series To Boost Growth Updated On Tue, Nov 14th, 2023 by Saurenergy Over the past decade, solar inverter firm Growatt has maintained its strong presence and growth in the Indian solar market. The employment of advanced technology along with localized strategy has made it possible for the Growatt inverters to mark presence in India. India’s installed solar capacity has grown significantly from 1.2 GW in 2012 to […] Read more
Australian Multi-utility ActewAGL Initiates Establishment of 58 EV Chargers Updated On Tue, Nov 14th, 2023 by Saurenergy ActewAGL, an Australian multi-utility joint venture firm that provides utility services in the Australian Capital Territory (ACT) and south-east New South Wales as well as the Australian Parliament House, has set sights on the installation of 58 new electric vehicle (EV) chargers. These will be established across the Parliament House premises. The initiative began with […] Read more
THDC to Build RE Projects of 3270 MW in Karnataka Updated On Fri, Nov 10th, 2023 by Saurenergy Uttarakhand-based government firm THDC India Ltd (THDCIL) has set sights on establishing 3,270 megawatts (MWs) of clean energy projects in Karnataka with emphasis on pumped storage and floating solar in the state. The THDC project in Karnataka is likely to boost the growth of renewable energy in the state also increase the presence of THDC […] Read more
Tata Power Delivers Steady Q2, 16th Quarter of Growing Profits Updated On Fri, Nov 10th, 2023 by Saurenergy Tata Power has revealed its financial results for Q2 for FY24 in its analyst call presentations– for the quarter ended September 30, 2023. The private power firm that hopes to have a majority of it’s assets portfolio in renewables by FY26, has delivered a strong set of numbers, with profits after tax up 9% to […] Read more
Canadian Solar Sets Sights on 5 GW Wafer Unit in Thailand Updated On Fri, Nov 10th, 2023 by Saurenergy Solar manufacturer Canadian Solar is set to introduce a 5 GW solar wafer production unit in Chonburi, Thailand. The manufacturing facility, which will boast N-type wafer, will be operational by next year in March. In 2024, it will supply to the TOPCon cell manufacturing unit in Thailand. Later, by year 2025, the wafers will be […] Read more
EU, US Frontrunners In Offshore Wind Patents: IRENA Report Updated On Fri, Nov 10th, 2023 by Saurenergy A latest joint report from the International Renewable Energy Agency (IRENA) and the European Patent Office (EPO) claimed that patents over offshore wind technologies are on the rise globally. The report titled; Offshore Wind Energy Patent Insights Report showed that between 2002-2022 patent filings for offshore wind technologies grew on average by 18%. This growth […] Read more
Masdar To Expand in Saudi with 1.1 GW & Azerbaijan with 500 MW Projects Updated On Thu, Nov 9th, 2023 by Saurenergy Led by Abu Dhabi based renewable energy firm, Masdar, EDF Renewables, and Saudi conglomerate Nesma Company have joined hands with the Saudi Power Procurement Company (SPPC) for the development of a solar plant with capacity of 1100 MW. When it is operational, the Al Henakiyah solar power project will supply power to over 190,000 homes […] Read more
