Kotak Mahindra Arm to invest ₹1000cr in Sify’s Data Center biz, RE Assets Updated On Tue, Nov 2nd, 2021 by Saurenergy A distressed assets focused fund promoted by a Kotak Mahindra Bank arm on Monday announced a Rs 1,000-crore investment in the data centre business of Sify Technologies. The investment in Sify Infinit Spaces will help the company invest up to Rs 4,000 crore in building data centres in Mumbai, Noida, Chennai, Bangalore and Hyderabad and […] Read more
Senior PV Performance Analyst Updated On Tue, Oct 26th, 2021 by Saurenergy The Senior PV Performance Analyst will be based in Hyderabad, India. Onboarding will be virtual for the time being with occasional socially distanced meetings at a Nextracker office. You will use various PV performance analysis and modeling methods prevalent in the industry for understanding Nextracker’s smart control system’s behavior. You will also explore and develop […] Read more
IRENA, Climate Investment Funds Partner to Advance Energy Transition Updated On Tue, Oct 26th, 2021 by Saurenergy The Climate Investment Funds (CIF) and the International Renewable Energy Agency (IRENA) are joining forces to accelerate investment in clean energy globally as part of a new memorandum of understanding (MoU) signed yesterday during a virtual signing ceremony with CIF CEO Mafalda Duarte and IRENA Director-General Francesco La Camera. Just days ahead of the UN’s […] Read more
Navitas Semiconductor to Begin Trading on Nasdaq on Oct 20 Updated On Wed, Oct 20th, 2021 by Saurenergy California-based solar equipment supplier Navitas Semiconductor has announced the completion of its business combination with Live Oak Acquisition Corp. II. Live Oak II stockholders overwhelmingly approved the transaction on October 12, 2021 with over 98% approval rating. Gallium nitride (GaN) is a next-generation semiconductor technology that is said to run up to 20x faster than […] Read more
Singareni Collieries Tenders for PMC For 250 MW Floating Solar Project Updated On Tue, Oct 19th, 2021 by Saurenergy Telangana-based Singareni Collieries Company Limited (SCCL), a JV between the Government of India and the Government of Telangana, has issued a tender calling for Project Management Consultancy for a 250 MWp (DC) floating solar at Lower Manair Dam (LMD), Karimnagar. For Singareni Collieries Company Limited (SCCL), which recently inaugurated 37 MW of solar plants at […] Read more
Belgian Cabinet Agrees to Expand Key Offshore Wind Zone to 3.5 GW Updated On Mon, Oct 18th, 2021 by Saurenergy The Belgian government has confirmed plans to expand the offshore wind capacity that will be made available in the Princess Elisabeth zone in the North Sea to up to 3.5 GW. The area was originally planned to host about 1.75 GW of offshore wind capacity. Covering an area of 281 sq km, Princess Elisabeth will […] Read more
Bill Gates Backed Iron Battery Firm ESS Listed on NYSE Updated On Tue, Oct 12th, 2021 by Saurenergy Large Battery firm ESS, with its listing on the New York Stock Exchange (NYSE), can now claim to be the first publicly traded long duration storage company in the world. The firm, which went public through a SPAC (Special Purpose Acquisition Company) with Acon S2 Investment Corp. has started trading on the New York Stock […] Read more
ESS, SB Energy to Deploy 2 GWh Long-Duration Storage in US Updated On Mon, Oct 11th, 2021 by Saurenergy ESS, a U.S. manufacturer of long-duration batteries, has entered into a framework agreement with SB Energy, a wholly owned subsidiary of SoftBank Group Corp, to deploy two gigawatt-hours (2 GWh) of ESS batteries through 2026. The agreement demonstrates ESS and SB Energy’s shared commitment and vision of a global shift to renewables and decarbonization of […] Read more
Rooftop Solar to Supply 25-49% of Global Electricity Needs by 2050: Study Updated On Thu, Oct 7th, 2021 by Saurenergy Owing to improved deployment capability and reduced costs, rooftop solar photovoltaics (PV) technology, such as roof mounted solar panels used in home, commercial and industrial buildings, is currently the fastest deployable electricity generation technology. According to a new report, it is projected to supply 25–49% of global electricity needs by 2050. Despite these predictions, a […] Read more