After COP26, Germany Steps Up, Promises Euro 1.2 billion For Climate Fight To India Updated On Thu, Nov 25th, 2021 by Saurenergy After the disappointment that was the COP26 conference where developed countries did their best to avoid taking serious measures and push developing countries to do more, Germany has started some mitigation of its own. On Wednesday, Europe’s largest economy and powerhouse announced new development commitments of over Euro 1.3 billion (approx Rs 10,025 crore) to […] Read more
Renewable Energy Certificates. Trading Resumes, But Much Needs To Be Done Updated On Thu, Nov 25th, 2021 by Saurenergy Highlights: The market share of REC market had already shrunk to 9.2 lakh Renewable Energy Certificates (REC) in 2020-21, while 60.58 lakh RECs piled up till March end. As per CEEW-CEF analysis, as many as 5.1 million RECs have remained unsold due to poor RPO compliance across India, a demand shortfall of 7%. The Appellate […] Read more
ENEL To Add 43 GW OF Solar By 2030 In Larger Renewables Plan For 2030 Updated On Thu, Nov 25th, 2021 by Saurenergy Italian power and gas utility Enel has announced plans to invest €70 billion (US$78 billion) by 2030 across regions to scale up its renewables and energy storage portfolio. The move, announced yesterday (Nov 24) marks an effort by the energy major to bring forward its net zero plans to 2040. The company’s earlier net zero […] Read more
Growatt’s Latest Residential-cum-commercial Inverter is now BIS Certified Updated On Wed, Nov 24th, 2021 by Saurenergy Growatt’s latest residential as well as small commercial inverter in three phase range MOD 3000-15KTL3-X for rooftop application is now BIS certified. “At glance, customers will find the inverter very appealing. It is designed with integrated top cover case, and there’re no screws on front cover case. The design has fewer gaps and provides better […] Read more
Mango Power to Unveil 4.35kW Home-&-Portable Hybrid Battery on Nov23 Updated On Wed, Nov 24th, 2021 by Saurenergy Battery system Mango Power Union, another addition to the nascent but fast growing home and portable segment for storage using lithium batteries, will be available for purchase on November 23rd through Indiegogo, according to a recent official statement. Mango Power is a green energy brand focused on developing home power supply solutions, portable power devices […] Read more
US Firm WindESCo Partners with Phoenix Contact for Swarm Tech Updated On Wed, Nov 24th, 2021 by Saurenergy WindESCo, a firm focused on accelerating annual energy production (AEP) for wind turbine stakeholders, has brought renewable components company Phoenix Contact onboard as a strategic technology partner. Phoenix Contact is delivering the ‘Swarm Edge’ component of the swarming solution. Swarm Edge is installed on each turbine to provide data collection and centralized control, enabling WindESCo’s […] Read more
Magenta to Invest ₹250 Cr in Setting Up EV Mfg Plant in Tamil Nadu Updated On Wed, Nov 24th, 2021 by Saurenergy Magenta, an Indian Charge Point Operator (CPO) company, has signed a Memorandum of Understanding (MoU) with the State Government of Tamil Nadu to invest in building EV charging infrastructure in the state. Maxson Lewis, CEO and MD, Magenta, signed the MoU in the presence of the Chief Minister of Tamil Nadu, M.K. Stalin, at the […] Read more
Tech Firm Lancium Raises $150M to Advance Decarbonisation Solutions Updated On Wed, Nov 24th, 2021 by Saurenergy Lancium Technologies Corporation, a technology firm focused on energy transition, has announced that it has closed $150 million in financing from leading energy companies and investors. Hanwha Solutions, a South Korean provider of clean energy solutions and owner and operator of Q CELLS, led this financing round. Lancium also received support from Novawulf and other […] Read more
RWE Picks SMA Technology to Build Major German Storage Facility Updated On Wed, Nov 24th, 2021 by Saurenergy Energy utility RWE is building a battery energy storage system (BESS) with a total output of 117 megawatts in Germany. The system technology used for integrating and optimally controlling the charging and discharging of the 420 lithium-ion battery racks of the battery storage system is being supplied by SMA Solar Technology. The storage project will […] Read more