Dr. Rahul Walawalkar-IESA Appointed to CERC’s Central Advisory Committee Updated On Wed, Apr 7th, 2021 by Saurenergy CERC has selected Dr. Rahul Walawalkar, President of IESA to be a part of the Central Advisory Committee (CAC) of the power regulator The Central Electricity Regulatory Commission (CERC), the power sector regulator in India has appointed Dr. Rahul Walawalkar, President, India Energy Storage Alliance (IESA), India’s leading alliance on energy storage & e-mobility to […] Read more
ECP Announces Closing of $1.2 Bn Continuation Fund for RE Platform Terra-Gen Updated On Tue, Apr 6th, 2021 by Saurenergy ECP today announced the successful completion of its first Continuation Fund with $1.2 billion in capital commitments, and the closing of the fund’s subsequent acquisition of the remaining 50% interest held by ECP’s third fund, ECP III, in Terra-Gen (the “Company”), a leading renewable energy developer and operator. ECP previously sold a 50% stake in the Company […] Read more
Plug Power led Consortium Pledges $320 Mn to new Clean Hydrogen Fund Updated On Tue, Apr 6th, 2021 by Saurenergy Plug Power, Chart Industries, and Baker Hughes intend to become cornerstone investors in the formation of the FiveT Hydrogen Fund Plug Power, Chart Industries, and Baker Hughes have announced their intention to become cornerstone investors in the formation of the FiveT Hydrogen Fund, a unique new clean-hydrogen-only private infrastructure fund dedicated to delivering clean hydrogen infrastructure projects […] Read more
IIT Hyderabad Develops an Alternative for Typical Lithium-ion Batteries Updated On Tue, Apr 6th, 2021 by Saurenergy Researchers at IIT Hyderabad have come up with an alternative for the conventional Lithium-ion batteries. It is a more sustainable and low-cost Dual carbon battery, which may find potential use in high voltage applications, sophisticated battery-run medical devices, regenerative braking systems in electric vehicles (EVs), and stationary grids. Finding options that are cheaper and more […] Read more
Fujitsu, AutoGrid to Boost Renewable Energy use in Japan With VPP Solution Updated On Tue, Apr 6th, 2021 by Saurenergy Fujitsu will begin offering Autogrid Virtual Power Plant (VPP) solution in Japan under a new collaboration agreement. Fujitsu Limited and AutoGrid Systems have announced that Fujitsu will begin offering Autogrid’s Virtual Power Plant (VPP) solution in the Japanese market. Fujitsu will leverage the solution to maximise the use of distributed energy resources in the domestic […] Read more
ONGC Tenders for 15 MW Solar Plant at Vagra Site in Gujarat Updated On Tue, Apr 6th, 2021 by Saurenergy ONGC has issued a tender for the commissioning of a 15 MW (ac) grid-connected solar power plant at its Vagra Site in Gujarat. The state-owned Oil and Natural Gas Corporation (ONGC), a multinational crude oil and gas entity, has issued a tender for the commissioning of a 15 MW (ac) grid-connected solar power plant at […] Read more
SunCable’s 14 GW Plan Inches Ahead With Move for Solar Mfg Plant in Darwin Updated On Tue, Apr 6th, 2021 by Saurenergy Sun Cable, the Singapore-based consortium handling the world’s largest electricity infrastructure project, aka the $22 billion Australia-ASEAN Power Link (AAPL), revealed this week that it had lodged an application with the Northern Territory’s Development Consent Authority for a facility in the region’s capital, Darwin. The said facility will manufacture Maverick solar array systems designed by […] Read more
Sunnova Completes Acquisition of SunStreet—Lennar’s Solar Platform for Homebuilders Updated On Mon, Apr 5th, 2021 by Saurenergy Sunnova Energy International Inc. (“Sunnova”), one of the leading U.S. residential solar and storage service providers, announced today that it completed its previously announced acquisition of SunStreet Energy Group, LLC, Lennar Corporation’s (“Lennar”) (NYSE: LEN and LEN.B) residential solar platform (“SunStreet”), and has become Lennar’s exclusive residential solar and storage service provider for new home […] Read more
Electric Vehicles Market Share to Exceed 50% From 2033: Rystad Updated On Mon, Apr 5th, 2021 by Saurenergy The share of electric vehicles in global passenger car sales is set to quadruple in 2026 from 4.6% last year and exceed 50% from 2033 onwards. The market penetration of electric vehicles (EVs) is increasing rapidly as a result of the accelerating energy transition, and demand for batteries is expected to skyrocket going forward for […] Read more
