ReNew Commissions First Of 3 ISTS Transmission Projects In Karnataka Updated On Fri, Nov 17th, 2023 by Saurenergy After winning 3 transmission projects in Karnataka to date, ReNew has commissioned the first of those as part of their commitment to build transmission for ~5 GW of wind power, under (Inter State Transmission System) ISTS. Central Transmission Utility (CTU), a Govt. of India owned entity and a wholly owned subsidiary of Power Grid Corporation of […] Read more
Slowly And Steadily, Battery Storage Builds Up To Make The Renewables Case Stronger Updated On Thu, Oct 19th, 2023 by Saurenergy The announcement by Plus Power LLC of $1.8 billion in new financing for standalone battery storage, including the largest single such project financing to date, to help stabilize the U.S. electrical grid while incorporating more solar and wind energy should be welcomed. The news comes at a time when detractors have been challenging the relevance […] Read more
NLCIL’s Andaman Solar Plant With BESS To Offer Power At Rs 6.99/unit Updated On Wed, Oct 18th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment, approved the levelized tariff of Rs 6.99 per unit for NLCIL’s 20 MW solar power plant with a battery energy storage system (BESS) at Andaman. It contrasts the demand of Rs 7,434 per unit by NLC India Limited (NLCIL), which commissioned the project. The company had set […] Read more
Germany’s 1Komma5° To Set Up 5 GW TOPCon Plant Updated On Tue, Oct 10th, 2023 by Saurenergy Hamburg-based energy startup 1Komma5°, which prides itself on making modules using Made in Germany polysilicon, has announced plans for a 5 GW tunnel oxide passivated contact (TOPCon) module assembly plant in Germany.\ Founded in 2021, 1Komma5° successfully rolled out the first of its modules at the end of 2022. For its software application, 1Komma5° secured […] Read more
Electric Motorcycle Startup Raptee Pockets $3 Mn in Pre-Series A Round Updated On Tue, Sep 26th, 2023 by Saurenergy EV Motorcycle Startup, Raptee has raised $3 million in a Pre Series A round led by deep-tech VC fund Bluehill Capital. The all-equity funding round saw participation from investors including Eugene Mayne, Founder and CEO of Tristar Global (UAE), Lakshmi Narayanan, Former CEO Cognizant, Ramesh Kannan, Managing Director, Kaynes Technology, Chandu Nair, Director, Shankara Building […] Read more
Enfinity Global Acquires 546-MW Of Solar Assets Updated On Fri, Sep 22nd, 2023 by Saurenergy American renewable energy conglomerate Enfinity Global has announced the acquisition of 546 MW of solar assets in Colorado. The solar assets are currently under development by CS Energy. As per the official statement issued by Enfinity Global, the acquisition portfolio consists of three solar projects developed in Colorado, an attractive solar market mandating 100% renewable […] Read more
Lithium Battery Recycling In Focus With $542 Million Funding For Ascend Elements Updated On Wed, Sep 13th, 2023 by Saurenergy The battery recycling market in the US has heated up with the announcement from Ascend Elements, of a huge $542 million in Series D funding. Ascend had earlier been granted massive grants of over $400 million by the Department of Energy, and the latest fund raise makes it one of the largest U.S. cleantech equity […] Read more
Credit Fair & UTL Solar Unite to Offer Solar Rooftop Installation Financing Solutions Updated On Wed, Sep 13th, 2023 by Saurenergy Credit Fair, a consumer lending fintech startup, has joined forces with solar inverter firm UTL Solar, to offer collateral-free affordable financing solutions to enable individuals, MSMEs, housing societies and trust associations in setting up solar rooftop solutions. The collaboration is a part of Credit Fair’s mission to facilitate solar energy adoption across the country without […] Read more
Waaree Renewable Technologies Bags 52.6 MW Solar Project Updated On Wed, Sep 13th, 2023 by Saurenergy Waaree Renewable Technologies Limited has received a letter of intent for Engineering, Procurement and Construction (EPC) services in for the establishment of a ground mounted solar power project of capacity worth 52.6 MWp. The commercial order has been bagged by a group company, which is among India’s leading power generation firms. The project is slated […] Read more