Solar Industry Hoping for More Elaborate Support From Union Budget Updated On Tue, Feb 2nd, 2021 by Saurenergy The new Union Budget for 2021 has attracted positive responses from industries and the stock markets alike, appreciating the government’s attempt to revive the economy. Evident from our first story the power industry had also welcomed the broad direction, however, there also were some requests for specifics. In a similar tone, three solar industry majors […] Read more
AES Commissions Alamitos Energy Storage Facility in Long Beach, California Updated On Thu, Jan 28th, 2021 by Saurenergy Fluence Battery Storage System Will Increase the Delivery of Reliable, Sustainable Energy for Southern California Customers The AES Corporation has commenced operations of the Alamitos battery energy storage system (BESS), one of the world’s largest battery storage systems in operation today. The BESS, a stand-alone energy storage facility for local capacity, will provide up to 400 […] Read more
CDC Announces $30 Mn Green Lending Facility to Tata Cleantech Capital Updated On Thu, Jan 28th, 2021 by Saurenergy CDC has announced a USD 30 million facility to Tata Cleantech Capital Limited through its directed green lending facility. CDC Group, the UK’s development finance institution and impact investor, has announced a USD 30 million facility to Tata Cleantech Capital Limited (TCCL), through CDC’s directed green lending facility. This first of its kind facility will […] Read more
Loanpal Receives $800+ Million in First External Investment Round Updated On Thu, Jan 28th, 2021 by Saurenergy Loanpal, a leading point-of-sale payment platform for sustainable home solutions, has announced its first external investment round of $800+ million Loanpal, a leading point-of-sale payment platform for sustainable home solutions, has announced its first external investment round of more than USD 800 million led by NEA and WestCap Group, as well as Brookfield Asset Management, Riverstone Holdings […] Read more
Sungrow Supplies a 100 MW Energy Storage Project in Texas Updated On Sat, Jan 23rd, 2021 by Saurenergy Sungrow, the global leading inverter solution supplier for renewables, announced that it has forged a contract to supply its fully integrated Energy Storage System to the 100 MWac Chisholm Grid project in Fort Worth, Texas. Chisholm Grid has been under construction since August of 2020 and will be one of the largest battery energy storage […] Read more
Canadian Solar and Windel Capital to Co-Develop 1.4 GW Solar Pipeline Updated On Fri, Jan 22nd, 2021 by Saurenergy Windel Capital has signed a Project Development Agreement with Canadian Solar to co-develop 1.4 GW of solar projects in the UK. Windel Capital has announced that it has signed a Project Development Agreement with Canadian Solar to co-develop 1.4 GW of solar projects in the UK. Under the agreement, Windel will deliver 1.4 GWp of […] Read more
Power System Overcapacity Problem in Bangladesh Getting Worse: IEEFA Updated On Fri, Jan 22nd, 2021 by Saurenergy Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note by IEEFA. Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note released by the Institute for Energy Economics and Financial Analysis (IEEFA). Data from […] Read more
Lightsource bp Acquires 1.06 GW Solar Portfolio of RIC Energy in Spain Updated On Fri, Jan 22nd, 2021 by Saurenergy Lightsource bp has acquired a 1.06 gigawatt (GW) solar project portfolio distributed across Spain from RIC Energy Lightsource bp, a global leader in the development and management of solar energy projects, has acquired a 1.06 gigawatt (GW) project portfolio distributed across Spain from RIC Energy, a global developer of PV projects. Lightsource bp and RIC […] Read more
Ampere Electric Designates Roy Kurian as New COO of Entire EV Business Updated On Thu, Jan 21st, 2021 by Saurenergy The electric mobility subsidiary of Greaves Cotton Ltd., Ampere Electric has appointed Roy Kurian as Chief Operating Officer (COO) to oversee the complete E-mobility Business of electric 2-Wheelers (E2Ws) and electric 3-Wheelers (E3Ws). Earlier, Roy was associated with Yamaha Motors for 17 years as the SVP where he was executing strategic direction to the company […] Read more