Finnish Energy Tech Firm Capalo AI Raises Pre-Seed Funding Worth €500,000 Updated On Wed, Oct 11th, 2023 by Saurenergy Finnish energy tech startup Capalo AI has raised €500,000 in pre-seed funding. The funding round was led by Innovestor Tech Fund, with Inventure also participating. Capalo AI will use the funding to further develop its virtual power plant (VPP) and multi-market optimization AI, as well as scale up its team with talented mathematicians and cloud service professionals. With the […] Read more
Solar Energy-generated Electricity Costs only 3−6 Cents Per kWh: CDRI Report Updated On Wed, Oct 11th, 2023 by Saurenergy UNDP (United Nations Development Program) has released a report published by Coalition for Disaster Risk Infrastructure (CDRI), on ‘Capturing the Resilience Dividend’. Capital Cost in Solar The report suggests that the cost of capital offers a critical benchmark to assess the risks and return preferences of investors and the pricing of money in different geographies. […] Read more
India Had No Offshore Wind Capacity Installation As Of May 2023: GWEC Updated On Tue, Oct 10th, 2023 by Saurenergy The ‘GWEC Global Offshore Wind 2023’ report cites that for fulfilling demand for large offshore wind, and turbine installation of vessels requires trained workforce with adequate operational knowhow for regional cooperation in the APAC Asia–Pacific region. The study finds that its timely deployment will foster cooperation especially in new markets such as India, the Philippines, […] Read more
SUNPURE Secures 107 MW Contract from Juniper Green Energy Updated On Mon, Oct 9th, 2023 by Saurenergy SUNPURE, a PV cleaning robotics supplier and module cleaning robotic solutions provider, has joined hands by way of a contract with Juniper Green Energy. Under the agreement, SUNPURE will provide water-free robotic cleaning systems for a capacity of 107 MW in Maharashtra to Juniper, an independent renewable energy power producer and operator of solar, wind […] Read more
Adani Green Energy Subsidiary Commissions 150 MW Solar Project in Jaisalmer Updated On Mon, Oct 9th, 2023 by Saurenergy Adani Solar Energy Jaisalmer Two Private Limited, a wholly-owned stepdown subsidiary of Adani Green Energy Limited (AGEL) has progressively completed the commissioning of the entire 150 MW solar power project at Bikaner, Rajasthan as an Independent Power Producer (IPP) for sale of power to third parties or on power exchanges. The firm has a series […] Read more
US Could Usher Over 90 GW Wind Installations By 2028: US Wind Watch Updated On Fri, Oct 6th, 2023 by Saurenergy A latest study release entitled, the ‘US Wind Watch’, has been released by Wood Mackenzie and the American Clean Power Association. The report reflects on the surge in offshore wind projects, the revival of onshore markets, and the booming repowering sector. Estimates on Wind Installations The study estimates more than 90 GW of wind energy […] Read more
Rooftop, CPP & Hybrid Projects Take Precedence in Gujarat Renewable Energy Policy 2023 Updated On Thu, Oct 5th, 2023 by Saurenergy Gujarat Chief Minister Bhupendra Patel has released the Gujarat Renewable Energy Policy 2023. The Policy, whose operative period is upto 2028 or till notification of new policy (whichever is earlier), sets sights on achieving some big goals defined by the State and places a premium on solar-wind hybrid projects. Goals Chalked Out The State will […] Read more
Annual Global Investment in Energy Transition Tech Touched Record Level of US$ 1.1 Trillion in 2022 Updated On Wed, Oct 4th, 2023 by Saurenergy Deloitte’s recent report on India’s energy transition pathway, highlights three pillars of the energy transition pathway. The report mentions three important components in energy transition: grid decarbonisation, industrial decarbonisation, and transport transition. Investments in Energy Transition In 2022, annual global investment in energy transition technologies touched a record level of US$ 1.1 trillion, witnessing a 31 […] Read more
RUMSL Issues Tender for 750 MW Wind-Solar Hybrid Power Projects Updated On Tue, Oct 3rd, 2023 by Saurenergy Rewa Ultra Mega Solar Limited (RUMSL) has issued a tender for the development of 750 MW wind-solar hybrid power projects in Madhya Pradesh. This project will be on a BOO basis (Build Own Operate) basis. Developers may also add storage capacity. The last date for submission of bids is November 17, 2023. Bids open on […] Read more
