Canadian Pension Firm & Mahindra Group Collaborate Strategically in RE Updated On Sun, Sep 18th, 2022 by Saurenergy The Mahindra Group and the Canadian-based pension firm, Ontario Teachers’ Pension Plan Board have announced a strategic alliance to take advantage of the expanding renewables market in India. Both parties have entered into legally binding agreements under which Ontario Teachers’ will purchase a 30% equity stake in Mahindra’s solar development arm, Mahindra Susten Pvt Ltd […] Read more
South Africa Gets New Generation Of String Inverters by Sineng and PNS Updated On Sat, Sep 17th, 2022 by Saurenergy Sineng, a high-tech company with headquarters in Bengaluru, recently unveiled a new generation of three-phase string inverters with a focus on the South African market’s commercial and industrial sectors. The launched string inverters have rated capabilities of 50kW, 120kW, 250kW, and 275kW. Sineng hopes that its cutting edge technology , as well as after-sales support […] Read more
PEDA Issue 4 Solar Supply Tenders At Four Different Locations In Punjab Updated On Sat, Sep 17th, 2022 by Saurenergy Punjab Energy Development Agency (PEDA) has floated four (4) solar tenders for the supply of solar power plants in four different locations in Punjab with a cumulative capacity of 16 MW. The solar plant installation location details along with the capecity are given below: a) 4 MW of solar plant at Village Tarkhanwala, Bhatinda District […] Read more
Ex-Orsted Executive Launches Renewable Energy Platform with US$100M Updated On Sat, Sep 17th, 2022 by Saurenergy Declan Flanagan, former CEO of Orsted Onshore, has announced the launch of Bluestar Energy Capital, along with a $100 million for the development of greenfield renewable energy projects. In addition to Flanagan, other investors include S2G Ventures and Great Bay Renewables . As part of the transaction Aaron Rudberg, COO of S2G, and Frank Getman, […] Read more
Agro-PV: Gauging India’s Agrivoltaics Potential Updated On Sat, Sep 17th, 2022 by Saurenergy According to the 2011 national census, agricultural and related sector activities employ 54.6% of the total workforce and contribute to 17.8% of the nation’s Gross Value Added (GVA). These stats show that despite the digital transformation that has taken place in the country, India is fundamentally an agrarian economy. Under its Mission 500GW, India has […] Read more
Log9 Materials Raises Fresh Funding Led By Amara Raja Batteries Updated On Fri, Sep 16th, 2022 by Saurenergy Read more
Log9 Materials Raises Fresh Funding Led By Amara Raja Batteries Updated On Fri, Sep 16th, 2022 by Saurenergy Electric vehicle focused advanced battery platform Log9 Materials has raised $9.65 million (Rs 77 crores) from Amara Raja Batteries. This is the second round led by Tirupati-based batteries manufacturer in Log9 in the past year. With this round, Amara Raja Batteries now holds a 15.4% stake in Log9. The funding round appears to be still […] Read more
Neuman & Esser, Ballard Invest in Quantron for Hydrogen-Based Mobility Updated On Fri, Sep 16th, 2022 by Saurenergy Leading fuel cell expert Ballard Power Systems from Canada and the German hydrogen system specialist Neuman & Esser  have announced that they are investing in Quantron AG as part of a financing round totaling up to EUR 50 million. With a company valuation of EUR 250 million, Neuman & Esser acquires a minority stake and […] Read more
Tata Power Solar Receives LoA For 100 MW Project From SJVN Updated On Fri, Sep 16th, 2022 by Saurenergy To build a 100 MW ground-mounted solar project for an Indian public sector undertaking firm SJVN Ltd (Satluj Jal Vidyut Nigam Limited), Tata Power Solar was given a “Letter of Award” (LoA) worth Rs. 612 crores. Tata Power Solar is a solar EPC business and wholly owned subsidiary of Tata Power Renewable Energy. The Government […] Read more