Matter Energy and Luminous Power In Partnership For Energy Storage Solutions Updated On Fri, Jan 6th, 2023 by Saurenergy Matter Energy, the Ahmedabad-based technology start-up, has entered into a strategic partnership with Luminous Power Technologies aiming to create a technological breakthrough in the field of home inverters and stationary applications. According to the release, the solution would also encourage many possibilities of generating sustainable energy through domestic solar and wind power generation, storing, and […] Read more
RE Firm Green Genius Expands Solar Portfolio in Poland Updated On Fri, Jan 6th, 2023 by Saurenergy Renewable energy firm Green Genius and Poland-based banking group mBank have entered into a financial transaction worth PLN220m (€46m) that will pave the way for the establishment of a 69 MW solar portfolio. Currently, Green Genius has large presence in the Polish market and this is the largest deal by the firm here. The first […] Read more
Altus Buys 220 MW Solar Portfolio from RE Equity Firm TGC in USA Updated On Fri, Jan 6th, 2023 by Saurenergy Connecticut based renewable energy infrastructure private equity firm, True Green Capital Management has announced that it has signed a binding agreement last week with Altus Power to sell a portfolio of approximately 220 megawatts (MW) of distributed solar assets. The value of the deal is revealed as $293 million. TGC and Altus Power expect the […] Read more
Hannon Armstrong (HASI) Invests 1.3 GW Renewables of AES Corp in USA Updated On Thu, Jan 5th, 2023 by Saurenergy Climate solutions investor Hannon Armstrong Sustainable Infrastructure Capital (HASI) has announced the close of two new programmatic investments in grid-connected renewable energy assets developed, owned and operated by the AES Corporation. The US based HASI is a public company that provides capital to assets developed by companies in energy efficiency, renewable energy, and other sustainable […] Read more
Mercedes-Benz Energy & Lohum Partner for 50 MWh of Second Use Li-ion Battery Modules Updated On Wed, Jan 4th, 2023 by Saurenergy Mercedes-Benz Energy and Lohum have entered into a strategic partnership for second-life batteries. The agreement is a multi-year supply contract agreement, under which Mercedes-Benz Energy and Lohum have committed to a minimum offtake schedule of 50 MWh per annum across multiple second life module variants. Lohum is Mercedes-Benz Energy’s first partner in Asia. The agreement […] Read more
CESL Discovers Prices for India’s Largest E-bus Tender Updated On Tue, Jan 3rd, 2023 by Saurenergy Convergence Energy Services Limited (CESL) has shared the prices discovered for the biggest non-subsidized demand for 6465 electric buses. The unified tender makes up demand for electric buses from the six Indian states & UTs of Delhi, Telangana, Haryana, Surat (Gujarat), Kerala and Arunachal Pradesh. CESL is a wholly owned subsidiary of Energy Efficiency Services […] Read more
With Rising Demand, Tech Advancements, Govt Push in ’22, EV Firms Are Raring to Go in ’23 Updated On Mon, Jan 2nd, 2023 by Saurenergy To circumvent the impact of increasing oil import bills, Indian government’s policy initiatives over the last couple of years has accelerated the adoption of e-mobility. As per the Ministry of Heavy Industries estimates, in 2022, 7.47 lakh EVs were sold under the FAME-II Scheme, as compared to 2.37 Lakh sold in FY2021-22. Faster Adoption and […] Read more
Solar Energy & EV Charging Firm Altus Power Acquires 220 MW Solar Facilities Updated On Thu, Dec 29th, 2022 by Saurenergy In a major development in the American renewable energy sector, Altus Power has announced that it has entered into a definitive agreement for the acquisition of 220 MW of newly developed and in-construction solar assets. US-based Altus Power is an independent developer, owner and operator of commercial-scale solar facilities. Altus Power provides solar generation for […] Read more
IEX Establishes Fully-Owned Subsidiary to Explore Carbon Market Updated On Wed, Dec 28th, 2022 by Saurenergy International Carbon Exchange Private Limited (“ICX”), a wholly-owned subsidiary of Indian Energy Exchange (IEX), the country’s leading energy market platform, was established recently to investigate the commercial potential in the voluntary carbon market. Through its platform, ICX will make it possible for participants to purchase and sell voluntary carbon credits at reasonable prices and will […] Read more
