Acquisitions in India’s RE sector Up Over 300% in Value terms in 2021 Updated On Wed, Dec 15th, 2021 by Saurenergy The total value of acquisitions in India’s renewable energy sector surged by more than 300% to $ 6 billion in the first ten months of 2021 (till October) from less than $1.5 billion reported in 2020, according to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF) and the International Energy […] Read more
Global Installed Wind Power Capacity to Grow at 9% Annually till 2030 Updated On Wed, Dec 15th, 2021 by Saurenergy Global wind power capacity is expected to grow at a cumulative annualised growth rate (CAGR) of 9% between 2021 and 2030, according to a new report by Wood Mackenzie, a Verisk business. By the end of the decade, cumulative global wind power capacity is projected to hit over 1,756 gigawatts (GW). Wood Mackenzie’s Q4 forecast […] Read more
Bharat Petroleum, Bhabha Atomic to Jointly Produce Green H2 Updated On Wed, Dec 15th, 2021 by Saurenergy OMC Bharat Petroleum Corporation Ltd (BPCL) and the Bhabha Atomic Research Centre (BARC) have collaborated to scale up alkaline electrolyser technology for the production of green hydrogen. To produce green hydrogen, water electrolysers split water molecules into hydrogen and oxygen using renewable electricity. Multiple water electrolyser technologies exist today. While green hydrogen is currently recognised […] Read more
Canadian Wireless EV Charging Startup eleapPower Raises $21 Million In Funding Updated On Wed, Dec 15th, 2021 by Saurenergy Toronto-based eLeapPower, a technology innovator in the electric vehicles space – inside and outside – with its Smart Inverter System, has confirmed that it raised $21 million CAD in Series A funding. The round was led by a consortium of pension funds and BDC Capital’s Cleantech Practice. eLeapPower’s initial contract is with a global automotive manufacturer headquartered […] Read more
Growatt Brings In Smart EV Charger To India Updated On Wed, Dec 15th, 2021 by Saurenergy Growatt has launched its new ‘Thor’ series smart EV charger which, with extensive compatibility, can be used with all brands of solar systems and EVs in both residential and commercial scenarios. The chargers are available in AC and DC formats, the former also having 3/7kW and 11/22kW versions. The Thor chargers come in a white […] Read more
Tata Builds Submersible Power Substation to Ease Congestion in Delhi Updated On Tue, Dec 14th, 2021 by Saurenergy Power utility Tata Power Delhi Distribution Limited, which supplies electricity to over 7 million people in North Delhi, has installed a “first-of-its-kind” submersible power substation in Gujranwala Town, New Delhi, to augment the power infrastructure of its operational area. In collaboration with Toshiba Transmission & Distribution Systems (India) Pvt. Ltd., Tata Power has installed a […] Read more
Neoen Doubles Australian Battery Size, Citing ‘Market Opportunities’ Updated On Tue, Dec 14th, 2021 by Saurenergy French developer Neoen, the firm behind the original ‘big battery’ at Hornsdale Power reserve where is used Tesla batteries, has just expanded its bet on Australia. The firm has announced the doubling of its newest big battery production to 100MW/200MWh in the Australian Capital Territory (ACT). Neoen has emerged as a major storage player on […] Read more
Singapore’s Keppel Corp to Buy Majority Stake in Shell-backed Cleantech Updated On Tue, Dec 14th, 2021 by Saurenergy Cleantech Solar, a Singapore-headquartered renewable energy to corporates, announced today that a consortium of Keppel Corporation Limited (Keppel), Keppel Asia Infrastructure Fund LP (KAIF) and a co-investor of KAIF, through Cloud Alpha Pte Ltd, is acquiring a 51% equity interest in Cleantech Renewable Assets Pte. Ltd. from Cleantech Energy Corporation Pte. Ltd. The remaining 49% […] Read more
AGEL Signs 4667 MW PPA, Manufacturing Linked Project Moves Into High Gear Updated On Tue, Dec 14th, 2021 by Saurenergy Adani Green Energy Ltd (AGEL), the renewable energy arm of the diversified Adani Group, has signed an agreement with the Solar Energy Corporation of India (SECI) to supply 4,667 MW of green power. The firm claims this is the world’s largest ever green power purchase agreement. It also marks decisive movement on the 8000 MW […] Read more
