Swiss Storage Firm Energy Vault Commissions First Gravity Energy Storage System In China Updated On Wed, Aug 2nd, 2023 by Saurenergy The world’s first grid-scale EVx™ gravity energy storage system (GESS) has entered the first phases of commissioning. Energy Vault Holdings, a firm that delves in sustainable, grid-scale energy storage solutions, has announced the commissioning of the project, along with its partners Atlas Renewable and China Tianying (CNTY). Located outside of Shanghai in Rudong, Jiangsu Province, […] Read more
With Recent Project Additions, Juniper Green Energy Exceeds 1.2 GW Renewable Capacity Updated On Wed, Aug 2nd, 2023 by Saurenergy Juniper Green Energy, an independent renewable energy power producer and operator of solar, wind and hybrid power projects, has crossed 1.2 GW of renewable energy capacity with the recent PPAs/ LOAs secured in the last few months. Projects Won Through Competitive Bidding The firm has been recently awarded 190 MW of wind capacity from GUVNL […] Read more
SECI Issues Tender For 1500 MW of Firm and Dispatchable RE Power Updated On Tue, Aug 1st, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has now issued a tender seeking bids from renewable energy developers to add 1500 MW of new firm and dispatchable renewable power. This project has been planned for Inter-State Transmission System (ISTS)-connected renewable projects that could be situated anywhere in India. The central agency has sought this tender in a […] Read more
Global e-Bus Market Soars As Nations Embrace Emission-Free Transportation Updated On Tue, Aug 1st, 2023 by Saurenergy A recent report on the global electric market claimed that the Greenhouse Gas (GHG) emission reduction targets pushed the international bus makers to opt for electric alternatives. The report was published by Reportlinker, a technology research and development company having expertise in artificial intelligence and machine learning. The report highlights the significant reduction in GHC […] Read more
EV Financing: Shell Foundation Backs Mufin Green Finance with INR 80 Million Updated On Tue, Aug 1st, 2023 by Saurenergy Mufin Green Finance, an electric vehicle (EV) financing company, secured funding of INR 80,000,000 from the UK-registered charity, Shell Foundation. The collaboration aims to establish a joint de-risking pool valued at $2 million, known as First Loan Default Guarantee (FLDG), to catalyze commercial debt. This strategic move is expected to enable Mufin Green Finance to […] Read more
Servotech Sets up Subsidiary for EV Charging Components Manufacturing Updated On Fri, Jul 28th, 2023 by Saurenergy EV charger maker Servotech Power Systems has announced that it will be setting up a wholly-owned subsidiary, which will engage in the manufacture of EV charging components, manufacturing and trading of batteries. The subsidiary will be named Techbec Green Energy Private Limited. The new firm will be established in Sonipat on an area of 40,000 […] Read more
Sungrow Completes Five Years Of Operations in India Updated On Thu, Jul 27th, 2023 by Saurenergy Leading global solar inverter brand Sungrow has completed five years of local production in India. The company said that during the last five years, it has grown in capacity and built a stronger business ecosystem in the country. It started its journey in India in 2018. It now dispatches string and central inverters from its […] Read more
West Bengal Issues Tender for 900 MW Pumped Storage Project Updated On Thu, Jul 27th, 2023 by Saurenergy The West Bengal government has floated a tender inviting bids for development and operation of the Bandu Pumped Storage Project- a 900 MW capacity power project. It will be executed through a public-private partnership. The project, located in the Ajodhya Hill Area of Purulia district, is valued at close to INR 4,700 crore with project […] Read more
Low Carbon Secures £400 Mn Investment from MassMutual for Renewable Energy Updated On Thu, Jul 27th, 2023 by Saurenergy Renewable energy developer Low Carbon has secured £400m from its strategic partner Massachusetts Mutual Life Insurance Company to invest in renewable energy projects across the UK, Europe and North America. The £400m capital commitment from MassMutual will provide liquidity for Low Carbon’s pipeline of projects up until 2025. Announced in November 2021, the strategic partnership […] Read more
