EU Commission Approves Italian Scheme To Support 4590 MW RE Production Updated On Wed, Jun 5th, 2024 by Saurenergy European Commission recently approved the Italian State aid scheme that is expected to support electricity production from renewable energy sources. The European Commission has approved the aid, under EU State aid rules, an Italian scheme. This would extend support to 4590 MW new capacity for electricity production from renewable energy sources. The scheme was developed […] Read more
Sterlite Gets Rs 1373 Cr for 6000 MVA Neemrana Transmission Project Updated On Wed, Jun 5th, 2024 by Saurenergy The Neemrana II Kotputli Transmission Limited (NKTL) project has closed the financing transaction, according to Sterlite Power, a well-known operator in the power transmission industry. The enterprise has achieved a significant milestone with the acquisition of a sizeable sum of INR 1373 crore from Power Finance Corporation (PFC), a prestigious Maharatna Public Sector Enterprise. The […] Read more
Solis Launches New 350Kw Inverter For Indian Market Updated On Wed, Jun 5th, 2024 by Saurenergy Global energy solutions company Solis recently launched its new 350Kw inverter at a grand event in India. This launch comes at a time when the company achieved a cumulative shipment milestone of 4 GW to the Indian market. The newly unveiled 350KW inverter is designed to cater to the expansive needs of the utility solar […] Read more
BGFA, Nuru SASU Collaborate To Scale-Up Mini-Grid Deployment In Congo Updated On Tue, Jun 4th, 2024 by Saurenergy Beyond the Grid Fund for Africa (BGFA) and a company based in the Democratic Republic of the Congo (DRC), signed a new agreement, to establish a new mini-grid, which is expected to provide access to clean energy in the northeastern part of the country. This project is expected to provide access to electricity for residential, […] Read more
India Needs To Increase Renewable Deployments: IEA Report Updated On Tue, Jun 4th, 2024 by Saurenergy A latest report by the International Energy Agency (IEA) said that countries like India, European Union and the United States needed to accelerate the pace of deployment of renewable energy. The global energy think tank said that the acceleration is needed for India to achieve it target of ensuring 500 GW of capacities from non-fossil […] Read more
Li-Ion Batteries To Face Competition From Long-Duration Storage: Report Updated On Tue, Jun 4th, 2024 by Saurenergy Global energy research body BloombergNEF Research recently released a report analyzing the Long-Duration Energy Storage (LDES) growth and compared its efficacy with the popular Lithium-ion batteries. The study found that the LDES has witnessed rapid growth which garnered interest worldwide. The report anticipates that LDES will out-compete with lithium-ion batteries in some markets as decarbonization […] Read more
PM Surya Ghar Enters Mission Mode As MNRE Sets Up Directorate Updated On Tue, Jun 4th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now issued a notification to set up a Mission Directorate to expedite the growth of rooftop solar in the country. This comes months after Prime Minister Narendra Modi announced the ambitious PM Surya Ghar scheme this year to pave the way for the installation of residential […] Read more
SOLshare Secures $2.2 million Investment For EV Integration Updated On Mon, Jun 3rd, 2024 by Saurenergy SOLshare, a climate-tech company based in Dhaka, has recently secured an investment of $2.2 million in Series A+ funding led by SBK Tech Ventures as part of a $4 million round, according to a press release. The company claims that the integration of electric cars into the Blue Dart fleet is likely to bring significant […] Read more
Borosil Renewables Plans To Go For Fund Raise Updated On Mon, Jun 3rd, 2024 by Saurenergy Indian solar glass manufacturer-Borosil Renewable has now planned to for fund raise to strengthen its financial, the company recently told its investors. This has come at a time when the company has reported lower than expected profitability in the latest Q4 and annual financial results. The company’s Board has also approved the fund raise. Borosil […] Read more
