JLM Energy announces $25-million project finance investment Updated On Wed, Sep 27th, 2017 by Saurenergy The investment was arranged by GoldenSet Capital Partners as subadvisor to the North Sky Alliance Fund II. CohnReznick Capital was the advisor to JLM Energy in this transaction. JLM Energy, a renewable energy technology company, has announced that it has secured $25 million to finance distributed energy storage projects for Commercial & Industrial (C&I) customers. […] Read more
Apple to Utilize 100 Percent Renewable Energy for Manufacturing in Japan Updated On Fri, Mar 10th, 2017 by Saurenergy Apple has partnered with component supplier Ibiden to power all of its manufacturing in Japan with 100 percent renewable energy. Component supplier Ibiden is the first company in Japan to pledge it will power all of its Apple manufacturing with 100 percent renewable energy — a new milestone for Apple and Japan. The announcement marks […] Read more
Lightsource plans to invest Rs 6500 crores in India Updated On Mon, Nov 14th, 2016 by Saurenergy UK-based Lightsource Renewable Energy will invest Rs 6500 crores over the next 2-3 years to set up 1000 MW solar energy projects in India. “The company is looking at developing 1000 MW of solar power projects entailing an investment of Rs 6,500 crore over the next 2-3 years,” Lightsource Renewable Energy Ltd Managing Director and […] Read more
Mauritius Becomes First African Country To Sign ISA’s Partnership Framework Updated On Fri, Apr 11th, 2025 by Saurenergy Mauritius has become the first African country to sign a Country Partnership Framework (CPF) with the International Solar Alliance (ISA), marking a step forward in its clean energy transition. The island nation is the fourth globally, after Bangladesh, Bhutan, and Cuba, to formalize the framework. The CPF is developed by the ISA to promote medium- […] Read more
Australia, Brazil, And India Rank Among Top Five With Renewable Potential Updated On Wed, Feb 19th, 2025 by Saurenergy RatedPower’s, 2025 Global Renewable Trends Report reveals a high confidence in the future of renewables, with storage, solar, and green hydrogen as key growth areas over the next five years. RatedPower is a part of Enverus, an energy-dedicated SaaS company that leverages generative AI in its solutions. According to the respondents it surveyed, the U.S., […] Read more
Telangana Joins BESS Space With 250 MW/500 MWh Tender Updated On Mon, Jan 27th, 2025 by Saurenergy Telangana Genco’s (TGGENCO) latest tender seeks to select BESS developers to build 500 MWh (250 MW x 2 hours). The tender invites bids from BESS developers to establish an “on-demand” battery storage system under Tariff-based Global Competitive Bidding with Viability Gap Funding (VGF) in Telangana. TGGENCO is accepting bids until February 21, 2025. With the […] Read more
NHPC, AP Genco Form JV To Develop 5 GW PSP Projects Updated On Fri, Jan 24th, 2025 by Saurenergy The National Hydroelectric Power Corporation (NHPC) partnered with Andhra Pradesh Power Generation Corporation Limited (APGENCO) to develop a 5.07 GW pumped storage project (PSPs) across five locations in Andhra Pradesh. The NHPC told about its plans for the joint venture in Andhra Pradesh in a regulatory filing. NHPC said, “The Joint Venture Company envisions planning, […] Read more
NTPC Issues Tender To Build Pilot BESS At Dadri Thermal Plant Updated On Thu, Jan 16th, 2025 by Saurenergy NTPC recently issued a tender to build and test a pilot project for proof of concept to replace diesel generators (DGs) with battery energy storage systems (BESS) at the Dadri Thermal Plant. The plant will be located at NTPC Dadri Stage-I. NTPC sought bids from interested parties until February 10, 2025. Prior Experience The bidder […] Read more
TREDA Issues Pre-Feasibility Tender for PSP In Tripura Updated On Thu, Jan 16th, 2025 by Saurenergy The Joint Director of the Tripura Renewable Energy Development Agency (TREDA) issued an e-tender, soliciting bids to set up a Pumped Storage Project in Tripura from prospective bidders. The agency, on behalf of the organization, invited tenders to establish consultancy services for the preparation of a Pre-Feasibility Report (PFR). TREDA has sought bids from interested […] Read more