Lithium Battery Recycling In Focus With $542 Million Funding For Ascend Elements Updated On Wed, Sep 13th, 2023 by Saurenergy The battery recycling market in the US has heated up with the announcement from Ascend Elements, of a huge $542 million in Series D funding. Ascend had earlier been granted massive grants of over $400 million by the Department of Energy, and the latest fund raise makes it one of the largest U.S. cleantech equity […] Read more
Juniper Green Energy Sees USD 350 Mn Investment from AT Capital Group & Vitol Updated On Wed, Sep 13th, 2023 by Saurenergy An independent renewable energy power producer and operator of solar, wind and hybrid power projects, Juniper Green Energy, has shared that AT Capital Group and Vitol have invested USD 350 million in the firm. The announcement of the increase in investment to US$ 350 million follows the former commitment of US$ 200 million from AT […] Read more
PM KUSUM: MNRE Extends Waiver On Local Content Mandate For Solar Cells Updated On Tue, Sep 12th, 2023 by Saurenergy In its latest notification, the Ministry of New and Renewable Energy (MNRE) has extended the waiver of the Domestic Content Requirement (DCR) for solar cells under the Component C of the PM-KUSUM scheme. Earlier, the ministry had issued an official memorandum on August 1, 2022, to extend the waiver till July 20, 2023. In its latest […] Read more
Tata Power Gets DFC Backed USD 425 million For Cell and Module Plant in Tamil Nadu Updated On Mon, Sep 11th, 2023 by Saurenergy Read more
India & US Shore Up Partnership to Anchor $500 Mn RE Infrastructure Investment Fund Updated On Mon, Sep 11th, 2023 by Saurenergy A joint investment fund of up to $1 billion to aid India’s initiatives aimed at the adoption of green technology has got the nod from US President Joe Biden and Narendra Modi. In an initiative that will strengthen India-US bilateral relationship in the renewable energy space, India’s National Investment and Infrastructure Fund and the US […] Read more
Tata Power Gets DFC Backed USD 425 million For Cell and Module Plant in Tamil Nadu Updated On Mon, Sep 11th, 2023 by Saurenergy The U.S. International Development Finance Corporation’s (DFC) Board of Directors has approved the provision of up to USD 425 million in financing in TP Solar Limited, a subsidiary of Tata Power Renewable Energy Limited (TPREL), for its upcoming greenfield 4.3 GW solar cell and module manufacturing plant at Tirunelveli district in Tamil Nadu, India. DFC […] Read more
Energy Storage in Focus in US as Multiple Firms Secure Support Updated On Mon, Sep 11th, 2023 by Saurenergy The US is witnessing a boom in solar manufacturing and energy storage projects with the announcement of the Inflation Reduction Act. The past week was also marked by news on key energy storage projects. Project Financing Among these, a major news coming in was of Nevada-based American Battery Technology Co., a battery materials firm, that […] Read more
US On Course For Record 32 GW Solar Capacity Additions in 2023 Updated On Fri, Sep 8th, 2023 by Saurenergy Read more
Delhi Reports Highest Penetration Of Electric Buses In India Updated On Fri, Sep 8th, 2023 by Saurenergy The latest data from the newly launched Clean Mobility Shift dashboard claimed that Delhi is spearheading the race to adopt electric buses nationwide. The latest sales figures in 2023 claimed that Delhi witnessed the sales of 442 electric buses this year, the highest by any Indian state/UT. Moreover, in terms of penetration of electric buses, Delhi leads in […] Read more
