EV Ride Hailing Platform BluSmart Raises $7 mn in Funding Updated On Tue, Sep 8th, 2020 by Saurenergy Electric ride-hailing platform BluSmart has announced that it has raised USD 7 million (Rs ~51 crore) in funding from multiple investors. Electric ride-hailing platform BluSmart has announced that it has raised USD 7 million (Rs ~51 crore) in funding from multiple investors. The funding round included investors like Inflection Point Ventures, Venture Catalysts, Survam Partners, Mumbai Angels, Chhatisgarh Investments Ltd, JITO Angels, […] Read more
Total and PSA Form JV ‘ACC’ to Manufacture EV Batteries in Europe Updated On Tue, Sep 8th, 2020 by Saurenergy PSA and Tota have formed a JV ‘ACC’ for the development and manufacture of high-performance batteries for the automotive industry from 2023. Groupe PSA/Opel and Total/Saft have signed an agreement for the creation of the joint venture ACC. With this partnership, the parties are setting up a world-class player in the development and manufacture of high-performance […] Read more
Performance-Based Financial Mechanism for MNRE’s CST Scheme: GERMI Updated On Tue, Sep 8th, 2020 by Saurenergy A new study has found that MNRE’s off-grid and decentralised CST scheme should have a performance-based financial support mechanism A new study has found that the Ministry of New and Renewable Energy’s (MNRE’s) off-grid and decentralised concentrated solar thermal (CST) scheme should have a performance-based financial support mechanism instead of the capital subsidy that was being provided earlier by […] Read more
CSIR-CMERI and NISE Form Partnership to Bolster Solar Sector Updated On Tue, Sep 8th, 2020 by Saurenergy CSIR-CMERI and NISE have formed ‘Strategic Association’ to bolster the Solar Energy sector across the nation CSIR-CMERI (Central Mechanical Engineering Research Institute), Durgapur and National Institute of Solar Energy (NISE), Gurugram joined hands by signing an online Memorandum of Understanding (MoU) as a ‘Strategic Association’ to bolster the Solar Energy sector across the nation on September […] Read more
ReneSola Forms JV to Establish 3 GW Solar PV Manufacturing Facility Updated On Tue, Sep 8th, 2020 by Saurenergy ReneSola and Zhongnan Industry have decided to enter into a JV to set up a Solar PV manufacturing facility with an annual production capacity of 3 GW in China. ReneSola, a world reputed Solar PV Module manufacturer & Zhongnan Industry, a well-known conglomerate in China, has decided to enter into a joint venture (JV) to […] Read more
ACWA Power Announces Financial Close for 900 MW PhV of MBR Solar Park Updated On Sat, Sep 5th, 2020 by Saurenergy ACWA Power has completed the signing of all financing agreements of the 900 MW fifth phase of the Mohammed bin Rashid Al Maktoum (MBR) Solar Park in Dubai. ACWA Power, a leading Saudi Arabian developer, investor and operator of power generation plants, has announced that it has completed the signing of all financing agreements of the […] Read more
WiseEnergy Signs 550 MW Asset Management Contract in India With Actis Updated On Fri, Sep 4th, 2020 by Saurenergy WiseEnergy has formed a partnership in India with Actis to provide comprehensive asset management services for its 550 MWp (400 MW AC) solar portfolio. Solar asset management firm WiseEnergy has announced that it has formed a partnership in India with Actis, one of the largest investors in renewable energy growth markets. The firm has signed […] Read more
Azelio Signs MoU With Atria Power for 65 MW Storage in India Updated On Fri, Sep 4th, 2020 by Saurenergy Swedish energy storage firm Azelio has signed an MoU with Atria Power to collaborate on installing 65 MW capacity of energy storage capacity in India by 2025 Swedish energy storage company Azelio and India’s Atria Power have signed a Memorandum of Understanding (MoU) to collaborate on installing over 65 MW capacity of Azelio’s energy storage […] Read more
SenseHawk Raises $5.1 Mn for Software Platform to Enhance Efficiency of Solar Plants Updated On Thu, Sep 3rd, 2020 by Saurenergy SenseHawk has raised USD 5.1 million in funding for its software platform that enhances efficiency in the development, construction & operation of solar plants. SenseHawk, a SaaS company that helps customers develop, build and operate solar and other infrastructure sites, has announced that it has raised USD 5.1 million in Series A1 funding. The investment […] Read more
