Energy Vault Inks $100 M Deal to Deploy its Energy Storage Tech in China Updated On Wed, Feb 2nd, 2022 by Saurenergy Swiss energy storage firm Energy Vault has announced a License and Royalty agreement for renewable energy storage with Atlas Renewable and their majority investor China Tianying, an international environmental management and waste remediation corporation engaged in smart urban environmental services, resource recycling and recovery, and zero-carbon clean energy technologies. The agreement supports the deployment of […] Read more
Centre of Excellence for Renewable Energy in IIT Jodhpur Updated On Wed, Feb 2nd, 2022 by Saurenergy A new ‘Centre of Excellence for Renewable Energy’ has been launched in IIT Jodhpur ’s Technology Park. The new initiative is in association with the Rajasthan Solar Association (RSA) which signed a Memorandum of Understanding with the IIT. The new association of the RSA with IIT Jodhpur will pave the way for the Technology Park […] Read more
Solar O&M Market Set To Grow to $15 billion By 2030-Woodmac Updated On Tue, Feb 1st, 2022 by Saurenergy Global non-residential solar operations and maintenance (O&M) spend is expected to hit US$15 billion by 2030. But new research from global energy consultancy Wood Mackenzie (Woodmac) indicates that increasingly competitive auction prices, coupled with rising labour and supply chain costs, mean service vendors face challenges to stay profitable. Leila Garcia da Fonseca, senior manager, Wind […] Read more
Solar Proposal Engineer Updated On Tue, Feb 1st, 2022 by Saurenergy Create draft of proposals for on-grid, off-grid and hybrid Solar PV Power Plant according to client’s request Able to sort out the queries of Client/Consultant/Architecture Preparation of bids and quotation accordingly. Provide sales support & Calls to the client Experience in independently preparing Techno-commercial feasibility study, Detailed Project Report, Resource assessment and Energy Yield Assessment […] Read more
SBI Partners with Tata Power for Financing Solar Projects Updated On Tue, Feb 1st, 2022 by Saurenergy With an aim to strengthen the existing financing arrangement for solar power projects, India’s largest lender State Bank of India (SBI) has launched a dedicated centralized processing cell, ‘Surya Shakti Cell’, the company recently announced. SBI has entered into an agreement with Tata Power Solar Systems Ltd. for financing solar projects. Set-up in the Ballard Estate in Mumbai, the […] Read more
UK’s NextEnergy Capital Raises Record $896 M for Solar Infra Fund Updated On Mon, Jan 31st, 2022 by Saurenergy London-based NextEnergy Capital recently said that it had raised a record $896 million for its NextPower III ESG fund, focused on solar infrastructure investments in OECD countries – its biggest private fund to date. While there may exist larger solar-focused funds with more restrictive geographic focus, the firm assured that its latest was the biggest […] Read more
Servotech, Smart Power India to Create Solar Ecosystem in Rural India Updated On Mon, Jan 31st, 2022 by Saurenergy Aiming to promote awareness about and access to solar power in the rural communities of Bihar, Uttar Pradesh, Orissa, and Jharkhand, Servotech Power Systems Limited has signed a Memorandum of Understanding (MoU) with Smart Power India, a subsidiary of New York-based Rockefeller Foundation. The companies believe that educating people about the benefits of solar energy […] Read more
White House Mulls Extension of Trump-era Solar Tariffs, with Tweaks Updated On Mon, Jan 31st, 2022 by Saurenergy The White House is considering extending Trump-era tariffs on solar power imports, but with a handful of tweaks to make it easier for domestic installers to access supplies, according to two sources familiar with the administration’s thinking. The plan represents an attempt by U.S. President Joe Biden’s administration to find common ground between two important […] Read more
Phoenix Mills Adds 5 MW Solar With ReNew Power To Power Malls Updated On Fri, Jan 28th, 2022 by Saurenergy The Phoenix Mills Limited (PML) through its subsidiaries Vamona Developers Pvt. Ltd. & Offbeat Developers Pvt. Ltd has collaborated with ReNew Power in ushering in an age of solar power by installing solar power plants for the supply of power to Phoenix Marketcity Pune and Phoenix Marketcity Mumbai respectively. The installation will result in the annual […] Read more
