Hyundai, Kia & LG Chem Looking to Invest in EV and EV Battery Startups Updated On Tue, Jun 23rd, 2020 by Saurenergy Hyundai, Kia and LG Chem are jointly sponsoring a global competition to identify up to 10 EV and battery startups for potential investment and collaboration With demand for EVs growing, Hyundai Motor Company, Kia Motors Corporation, and LG Chem are jointly sponsoring the “EV & Battery Challenge” (EVBC), a global competition to identify up to […] Read more
Sunnova Closes Sixth Residential Solar Loan Securitization Updated On Mon, Jun 22nd, 2020 by Saurenergy Sunnova Energy International (Sunnova) on Monday announced the closing of its 2nd solar-loan securitization and 6th residential solar securitization overall. The company is a leading US-based residential solar and energy storage service provider. Commenting on the development, William J. (John) Berger, Chief Executive Officer of Sunnova, said that “once again, the secured financing market has […] Read more
NITI Aayog, ITF to Launch ‘Decarbonising Transport in India’ Project to Trim Carbon Emissions Updated On Mon, Jun 22nd, 2020 by Saurenergy Policy think tank NITI Aayog and International Transport Forum (ITF) will jointly launch “Decarbonising Transport in India” project on June 24, 2020, in order to develop a path for a low-carbon transport system for the country. Since 2008, India has been a member of ITF, an intergovernmental organisation for transport policy. Moreover, the public online launch […] Read more
SECI again Extended Bid Submission Date for 4MW Floating Solar plus BESS Tender Updated On Fri, Jun 19th, 2020 by Saurenergy In a series of extensions, the tender for 4 MW floating solar with 2 MW/ 1 MWh BESS in North Andaman has also sought extension once again. The Solar Energy Corporation of India (SECI), in its latest notification, has extended the bid submission deadline for its tender for the selection of solar power developers for […] Read more
Highview Power Gets £10 Mn Grant From UK Govt for 50 MW CRYOBattery Updated On Fri, Jun 19th, 2020 by Saurenergy Highview Power has been awarded a GBP 10 million grant from the UK Department for BEIS for a 50 MW cryogenic energy storage (CRYOBattery) facility. Highview Power, a global leader in long-duration energy storage solutions, has announced that it has been awarded a GBP 10 million grant from the UK Department for Business, Energy & […] Read more
New Scheme From SPI to Boost Power Demand of Minigrids Updated On Fri, Jun 19th, 2020 by Saurenergy SPI has launched a customer voucher scheme for minigrids customers, which is expected to have a significant positive impact on over 200 mini-grid villages Smart Power India (SPI) said that it has launched a customer voucher scheme (CVS) for minigrids customers. The scheme is expected to have a significant positive impact on over 125,000 lives in 200 mini-grid […] Read more
Sungrow Unveils New Central Inverter at Virtual Show Updated On Thu, Jun 18th, 2020 by Saurenergy Chinese inverter manufacturer Sungrow has on Thursday unveiled its new central inverter SG6250HV-MV during a virtual show organised amidst the changing market conditions due to coronavirus pandemic. The company said in a statement that the turnkey station SG6250HV-MV for 1500Vdc system integrated 2 units of outdoor central inverter SG3125HV-30 with medium-voltage transformer and other components […] Read more
Sunrun Partners up to Demonstrate use of Home Batteries as Grid Resources Updated On Thu, Jun 18th, 2020 by Saurenergy Sunrun has partnered up with two major utilities in California and NY to demonstrate the use of home batteries as grid resources or virtual storage plants Sunrun, a leading US home solar, battery storage and energy services company, has partnered up with two major utilities in California and New York to demonstrate the use of […] Read more
EV Sales Rise with Implementation of Stringent Emission Norms: Frost & Sullivan Updated On Thu, Jun 18th, 2020 by Saurenergy EV sales will be driven by the implementation of stringent emission norms across countries and global policies favouring the adoption of electric vehicles Frost & Sullivan’s recent analysis, Global Electric Vehicle Market Outlook, 2020, finds that the COVID-19 uncertainty will globally dent electric vehicle (EV) sales, which are estimated to stand somewhere between ±9 percent in […] Read more