Waaree Energy Storage System Secures Seed Funding of USD 2 Million Updated On Thu, Apr 8th, 2021 by Saurenergy Waaree Energy Storage System (WESS) has announced that it has raised USD 2 million in seed funding from an HNI investor. The energy storage division of the WAAREE group – Waaree Energy Storage System (WESS) has announced that it ha raised USD 2 million in seed funding from an HNI investor. As per the firm, the […] Read more
iSun Enters Large-Scale Utility Solar EPC Business With Latest Acquisition Updated On Wed, Apr 7th, 2021 by Saurenergy iSun, Inc. Enters Large Utility Solar EPC Business; Acquires Intellectual Property of Oakwood Construction Services, Inc. iSun, Inc., a leading solar energy and clean mobility infrastructure company with 50 years of construction experience for solar, electrical, and data services, today announced that it has acquired all of the intellectual property of Oakwood Construction Services, Inc., […] Read more
Electricity Market at IEX Records All-time High Volume of 8248.52 MU in March 2021 Updated On Wed, Apr 7th, 2021 by Saurenergy The electricity market at IEX achieved an all-time high volume of 8248.52 MU in the month of March 2021 Spurred by the increasing demand for electricity across the various States, the electricity market at Indian Energy Exchange (IEX) achieved an all-time high volume of 8248.52 MU in the month of March 2021 surpassing all the […] Read more
ReNew Power Successfully Prices USD 585 Million of Green Bonds Updated On Tue, Apr 6th, 2021 by Saurenergy ReNew Power has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” ReNew Power Private Limited, one of India’s leading renewable energy company, has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” due 2028 on March 31, 2021, to be issued by certain of its […] 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
Nexamp Taps Mark Frigo to Lead Growing Energy Storage Business Updated On Tue, Apr 6th, 2021 by Saurenergy Nexamp, a leading renewable energy generation and energy storage solutions provider has announced that it is accelerating the growth of its energy storage portfolio with the addition of Mark Frigo as Vice President of Energy Storage. Frigo brings deep industry experience in developing and implementing utility-scale and commercial energy storage projects. As energy storage plays […] 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
J-POWER USA Starts Work to Convert Retired Coal Facility Into new Solar and Storage Facilities Updated On Sat, Apr 3rd, 2021 by Saurenergy J-POWER USA Development Co., Ltd. (“J-POWER USA“) and funds managed by affiliates of Fortress Investment Group, LLC (“Fortress”) have agreed to jointly pursue development of Birchwood Solar, a 50 MWac solar plant and Birchwood Storage, a 190 MWac, energy storage facility. These projects would convert Birchwood Power, a coal plant which has been in operation since November, 1996 […] Read more
Wärtsilä India Appoints Venkatesh R as Managing Director & Director, Energy Business, India Updated On Sat, Apr 3rd, 2021 by Saurenergy Wärtsilä India, a subsidiary of the technology group Wärtsilä Corporation, has appointed Mr. Venkatesh R as the new Managing Director & Director, Energy Business, India. Mr. Venkatesh comes with 30 years of experience in the Marine and Energy sectors. During his career in Wärtsilä for over 25 years, he has worked in India, Singapore and […] Read more
