Blue Bear Capital Raises $150 million For Investments in Cleantech Startups Updated On Wed, Sep 22nd, 2021 by Saurenergy Blue Bear Capital, a venture and growth equity firm focused on AI-powered solutions for energy, infrastructure, and climate, has raised $150 million to invest in companies to help them build past the startup phase. Like Blue Bear’s first fund, the new fund will focus on digital technologies making an outsized impact in markets including wind, […] Read more
Solis Shines At REI 2021 Expo, Showcases Next Generation High Efficiency Inverters Updated On Wed, Sep 22nd, 2021 by Saurenergy Ginlong Technologies (Solis) participated in the recently concluded Renewable Energy India Expo 2021 (REI Expo 2021) in Greater Noida, India. The Solis team received good response from the solar industry, witnessing massive footfalls at its state-of-art showcase booth, the largest at the venue. Solis, a global leader in smart photovoltaic string inverters showcased their best […] Read more
Solar PLI Tender Gets Massive Response, Close to 55 GW Worth Bids Submitted Updated On Wed, Sep 22nd, 2021 by Saurenergy The Solar PLI tender, (Production Linked Incentive) where IREDA is the implementing agency, has received a massive response from bidders, with just 9 bidders going for 4 GW capacity creation each. Another 9 bidders make up the remaining bids for 18,809 MW of capacity building. (View Scheme Details Here) The PLI Scheme has divided an […] Read more
Torrent Power Buys 156 MW Wind Capacity from CESC Updated On Wed, Sep 22nd, 2021 by Saurenergy Torrent Power on Tuesday announced that it has inked a share purchase pact to acquire 156 MW wind power projects for about Rs 790 crore from Surya Vidyut, an arm of CESC Ltd. Surya Vidyut operates 156 MW wind power plants spread across the states of Gujarat, Rajasthan and Madhya Pradesh, a statement said. The […] Read more
Offshore Wind Market to be Worth $93.7 B by 2028: Zion Market Research Updated On Tue, Sep 21st, 2021 by Saurenergy The global offshore wind energy market accounted for USD 44.8 Billion in 2020 and is expected to reach USD 93.7 Billion by 2028, growing at a CAGR of around 9.1% between 2021 and 2028, finds Zion Market Research. Wind power generation uses turbines to convert wind energy into electricity. The energy of the wind turns […] Read more
Broad Reach Invests in 118MW Energy Storage Equipment of SYL Battery Updated On Tue, Sep 21st, 2021 by Saurenergy Broad Reach Power has invested in 118-megawatt-hour (MWh) energy storage equipment from SYL Battery to support the Cascade Energy Storage project in Stockton, California. Broad Reach Power is an independent power producer based in Houston which owns a 13-gigawatt portfolio of utility-scale solar and energy storage power projects in Montana, California, Wyoming, Utah and Texas. […] Read more
Willdan to Install Smart-city Upgrades in Dublin, California, for $21.2 M Updated On Tue, Sep 21st, 2021 by Saurenergy Willdan Group, Inc. has been selected by the City of Dublin, California, to implement citywide energy efficiency, infrastructure, resiliency, and smart-city upgrades under $21.2 million contract. Willdan is a US provider of professional technical and consulting services to utilities, government agencies, and private industry. Under this comprehensive contract, Willdan will perform project engineering, development, construction, […] Read more
Lightsource BP, With Fresh $1.8 B Fundraise, Targets 25 GW RE by 2025 Updated On Tue, Sep 21st, 2021 by Saurenergy Lightsource BP, the London-based solar developer led by Nick Boyle, with 50% ownership by BP has secured a $1.8bn finance package that it announced will lead to a massive change in its plans for the immediate future. Calling the financing a key step to a change in mindset from ‘gigawatts to terawatts’ the firm has […] Read more
Tariff Markdown on Manufacturing Tender. Unfair For Developers? Updated On Tue, Sep 21st, 2021 by Saurenergy Even as SECI continues to provide positive tidings in terms of finally finding buyers for the power from the manufacturing linked solar tender that has been pending since last year, the news of markdowns can’t be good for relevant stakeholders. Readers will recall that these tenders had a tough time finding takers for a long […] Read more
