Baseload Capital Raises $24 Million To Bolster Geothermal Energy Updated On Fri, Oct 21st, 2022 by Saurenergy Swedish climate investment firm Baseload Capital has made a $24 million investment in geothermal energy. Thanks to a $25 million loan facility it secured with Sustainable Development Capital of London in the spring, Baseload Capital has received more than $45 million. While the credit allows for flexible financing for the commissioning of future geothermal power […] Read more
Delhi High Court Rejects PIL Seeking Use of Lead Acid Batteries in e-Rickshaws Updated On Fri, Oct 21st, 2022 by Saurenergy The Delhi High Court rejected a public interest litigation (PIL) which sought to allow the use of lead acid batteries in electric rickshaws. The bench of Chief Justice Satish Chandra Sharma and Justice Subramoniam Prasad refused to entertain the IPL filed by an e-rickshaw driver which challenged Delhi Transport Authority’s order that refuses the registration […] Read more
Suzlon Energy Rs 1200 Crores Rights Issue Oversubscribed 1.8x Times Updated On Fri, Oct 21st, 2022 by Saurenergy Suzlon Energy Limited, one of India’s top producers of wind components based on capacity, and one of the top renewable energy O&M service providers based on capacity served, recently announced the successful completion of the Rs. 240 crores partially paid-up equity share rights issue (the “Rights Issue”) that was first announced on October 11, 2022. […] Read more
UAE Gets its First Solar-Powered Car Updated On Wed, Oct 19th, 2022 by Saurenergy Before being on sale formally next year, the world’s first solar car that is ready for production has landed in the United Arab Emirates (UAE). The Lightyear 0 will run on solar energy, and its creators claim that driving it for months at a time without recharging is possible. The Sharjah Research, Technology, and Innovation […] Read more
Indian Market Is The Biggest Market For Solar; Will Continue To Be: MNRE Min R K Singh Updated On Wed, Oct 19th, 2022 by Saurenergy The press conference for the fifth assembly of the International Solar Alliance (ISA) held in New Delhi, was led by the MNRE Minister R K Singh, who shared significant insights on the work being done by the organisation while also shedding light on several aspects of the Indian solar industry that are gaining momentum. Here […] Read more
China’s CATL to Supply Battery to 690 MW Gemini Solar + Storage Project Updated On Wed, Oct 19th, 2022 by Saurenergy Global battery manufacturing major Contemporary Amperex Technology Company Limited (CATL) has announced that it has entered a sole battery supply agreement with Primergy Solar for a record breaking $1.2 billion Gemini Solar+Storage Project that lies outside of Las Vegas, Nevada, USA. Primergy Solar is a developer, owner and operator of utility and distributed scale solar […] Read more
Rajasthan Urja Vikas Nigam Floats Tender To Select Consultant For Hybrid Energy Updated On Tue, Oct 18th, 2022 by Saurenergy Rajasthan Urja Vikas Nigam (RUVNL) has invited bids to select consultants for hybrid renewable energy (wind and solar) generation forecasting and schedule optimizer services. The last date for submitting the online bid is November 7, 2022, & bids will be opened on November 11, 2022. The selected consultant will sign a two-year contract that contract […] Read more
POSCO Holdings, GS Energy In Tie-Up To Recycle Secondary Batteries Updated On Tue, Oct 18th, 2022 by Saurenergy POSCO Holdings has announced that it has signed an agreement for the establishment of a secondary battery recycling joint venture with GS Energy called ‘POSCO-GS Eco Materials.’ The official statement held that the agreement was signed on October 6. POSCO Holdings signed a joint venture agreement with GS Energy to establish a new company, POSCO-GS […] Read more
Tata Motors, Tata Power to Install 7 MW Solar Plant at Pantnagar Factory Updated On Tue, Oct 18th, 2022 by Saurenergy The two companies of the Tata Group – Tata Motors and Tata Power – have announced that they have entered into a Power Purchase Agreement (PPA) for the development of a 7 MW captive solar power project at its Pantnagar plant in Uttarakhand. According to the company, this installation is collectively expected to generate 215 […] Read more
