Italy’s Fimer Unveils Strong EV Charging Portfolio for Global Markets Updated On Thu, Oct 29th, 2020 by Saurenergy FIMER, the world’s fourth largest inverter manufacturer, that acquired ABB’s inverter business last year, has now unveiled a full suite of Electrical Vehicle (EV) chargers. The comprehensive new portfolio of residential and commercial chargers will front the firm’s effort to replicate success in solar inverters in the electric mobility segment. At the launch Gaetano Belluccio, […] Read more
B’Luru Based GPS Renewables Secures $3 Mn in Funding From Triodos and Caspian Updated On Thu, Oct 1st, 2020 by Saurenergy GPS Renewables, a Bangalore-based cleantech startup has announced that it has raised USD 3 million in Series A funding led by Triodos and Caspian. GPS Renewables, a Bangalore-based cleantech startup has announced that it has raised USD 3 million in a Series A funding led by the Netherlands based Hivos-Triodos Fund, one of the impact […] Read more
Armed With 20 year Patent, ATUM Solar Roofs Dreams Big Updated On Fri, Aug 28th, 2020 by Saurenergy Hyderabad-based Visaka Industries informs us that the firm has acquired 20 years of patent rights for ATUM – integrated solar roof division. The patent has been granted for the invention titled Eco-Friendly Energy Generating Roof. The firm hopes that ATUM will address opportunities in sectors like affordable housing, net-zero industries, and commercial establishments. Mr. Vamsi […] Read more
Iberdrola to Launch Green Hydrogen Plant With Solar and BESS System Updated On Tue, Jul 28th, 2020 by Saurenergy Iberdrola has signed an agreement with Fertiberia to construct the largest plant to produce green hydrogen for industrial use in Europe. Spanish multinational electric utility Iberdrola has announced that it has signed an agreement with Fertiberia, which will trigger investment of 150 million euros, to construct the largest plant to produce green hydrogen for industrial […] Read more
Wells Fargo Inks Deal with Shell, MP2 Energy to Buy Renewable Power Updated On Wed, Jun 24th, 2020 by Saurenergy USD 1.98 trillion company Wells Fargo has signed a structured renewable energy (RE) agreement with Shell Energy North America (Shell Energy) and its arm MP2 Energy, to purchase about 1,50,000 MWh of renewable energy every year. The deal will enable the company to use renewable power to meet 100 per cent of its energy consumption […] Read more
Tata Power Joins Hand with WWF to Call for Save Electricity Updated On Fri, Mar 27th, 2020 by Saurenergy Utility giant Tata Power has entered into a partnership with World Wide Fund for Nature (WWF) to make people aware of saving electricity. Ahead of the Earth Hour on March 28, 2020, the company has propagated the theme – ‘Give Up’ and be the ‘Voice for the Planet’ by urging individuals to avoid wasteful consumption […] Read more
Fourth Partner Energy Forays into EV Charging Infra via JV with Lithium Urban Updated On Tue, Mar 17th, 2020 by Saurenergy Fourth Partner Energy, which is backed by TPG’s The Rise Fund, on Tuesday (March 17) marked its entry into the electric vehicle (EV) charging Infrastructure space through setting up joint venture (JV) with commercial EV fleet operator Lithium Urban Technologies. Through this 50:50 JV partnership i.e. ‘Shuchi Anant Virya’, the two companies will build EV […] Read more
Acciona Posts 13.7% EBITDA for Energy Business Despite 9.5% Drop in Turnover Updated On Mon, Mar 2nd, 2020 by Saurenergy Spanish conglomerate group Acciona has reported its financial figures for the financial year 2019, recording a net profit of EUR 352 million in 2019 (+7.2%) Spanish conglomerate group dedicated to the development and management of infrastructure and renewable energy – Acciona has reported its financial figures for the financial year 2019, recording a net profit […] Read more
Off-Grid Solar Industry now a USD 1.75 Billion Annual Market: Report Updated On Mon, Feb 24th, 2020 by Saurenergy The off-grid solar industry has grown into a USD 1.75 billion annual market, providing lighting and other energy to 420 million users, a new report has shown The off-grid solar industry has grown into a USD 1.75 billion annual market, providing lighting and other energy services to 420 million users and remains on a solid […] Read more