At Reliance AGM, It’s GW Scale All The Way, With New Power Electronics Announcement Updated On Mon, Aug 29th, 2022 by Saurenergy At the Annual General Meeting of Reliance Industries today, Chairman Mukesh Ambani’s plans for Renewable energy, among other things, were eagerly awaited. And he didn’t disappoint, with an update on the announcements made so far, as well as upcoming steps that the Rs 7.9 lakh crore ($105 billion) chemicals to telecom behemoth plans. Green energy […] Read more
Syngene Seeks 100% Green Energy With Another Green PPA With O2 Power Updated On Mon, Aug 29th, 2022 by Saurenergy Contract research and manufacturing firm Syngene International has announced that it has inked a pact to acquire an equity stake up to 26 per cent in O2 Renewable Energy II. The stake is picked up to maintain the captive status of the renewable energy project that O2 power will set up, as per regulatory norms […] Read more
US Based Lunar Energy Raises $300 Mn To Expand RE Solutions Updated On Mon, Aug 29th, 2022 by Saurenergy Global clean energy player, Lunar Energy has announced that it has raised $300 million in funding over two rounds by Sunrun, the USA’s leading residential solar and battery storage provider, and South Korea’s SK Group. Furthermore, Lunar said that it also acquired Moixa, the leading global software company for distributed energy resources (DER) management. ITOCHU […] Read more
JSW Renew Energy Wins Big SECI Tender for BESS Updated On Sat, Aug 27th, 2022 by Saurenergy In a major development, JSW Renew Energy Five Limited, a special purpose vehicle of JSW Energy- is amongst India’s leading private sector power producing companies, has won a battery storage auction by SECI (Solar Energy Corporation of India). The auction was for the establishment of pilot projects entailing 500MW/1000 MWh standalone BESS (Battery Energy Storage […] Read more
E-bike Start-up Ultraviolette Automotive Raises Series D Round Funding Updated On Fri, Aug 26th, 2022 by Saurenergy Ultraviolette Automotive, an electric bike manufacturer supported by TVS Motors, has announced that it has secured finance from Exor Capital, which was for an unknown sum. The latest investment, which comes before the country introduces the company’s fast e-bike F77, is claimed to be a part of the current Series-D round of fundraising led by […] Read more
O2 Power Acquires Emmvee Group’s Solar Plant Portfolio of 55 MW Updated On Thu, Aug 25th, 2022 by Saurenergy Delhi-based renewable energy producer, O2 Power has announced the acquisition of several solar power plants from Bangalore-based solar modules manufacturer Emmvee Photovoltaic Power. According to the company, these plants are located in Karnataka and Telangana and have a combined installed capacity of 55MW. A portion of this capacity is used to power state DISCOMs, and […] Read more
SECI Extends Deadline for Two Tenders Once Again Updated On Thu, Aug 25th, 2022 by Saurenergy SECI (Solar Energy Corporation of India) has extended the deadline for two major solar tenders once again. This time, one tender is for a grid-connected 30 MW Floating Solar PV (FSPV) Plants on raw water reservoirs, while the other is for the supply of 1680 MWp domestically manufactured Solar PV Modules. SECI had floated a […] Read more
IEEFA Study Makes Case For More Trading, Larger Power Pooling To Cut Costs Updated On Thu, Aug 25th, 2022 by Saurenergy The transition to a resilient electricity grid with increasing amounts of cheaper, variable renewable energy will require reforms to the scheduling and dispatch of power, some of which can potentially help electricity distribution companies (DISCOMS) save billions of dollars, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). “India added […] Read more
Sungrow Sets Up World’s Largest BIPV Project in China Updated On Thu, Aug 25th, 2022 by Saurenergy Sungrow, the global leading inverter and energy storage solution supplier, has announced that it has supplied its featured inverter solutions to a 120 MW BIPV (Building Integrated Photovoltaic) plant in Gaoan, Central China’s Jiangxi Province. The project is the world’s largest BIPV project to date and was commissioned for the first phase in June 2022. […] Read more
