Trackers have shown that they are reliable unlike previous view that they are new technology: Siddharth Charkha, HCT Sun Updated On Tue, Oct 17th, 2023 by Saurenergy Tell us about your firm. HCT Sun is an India-based, US-owned company. We are primarily in the OPEX (operating expense) business in India, catering especially to SMEs which no one else generally caters to. We employ high-performance components to increase the performance of the projects in the country. Besides, we have partnered with SolarGik, an […] Read more
NLC Introduces Renewable Energy Subsidiary- NIGEL Updated On Tue, Oct 17th, 2023 by Saurenergy Tamil Nadu-based NLC India Limited, a Navratna Central Public Sector has incorporated a wholly-owned subsidiary, NLC India Green Energy Limited (NIGEL). The arm has been established to commission renewable energy projects. NIGEL has set sights on executing renewable energy projects of a cumulative of 2 GW. These entail a 600 MW solar power project in […] Read more
Tata Power, Assam Government Sign MoU For EV Charging Network in Guwahati Updated On Mon, Oct 16th, 2023 by Saurenergy Tata Power, is collaborating with the Assam Government, to improve the electric vehicle ecosystem in India. As part of this initiative, Tata Power is expected to deploy a network of 10 advanced EV chargers across 10 locations as a pilot within the city. The partnership between EV Charging Solutions Limited (TPEVCSL), a Tata Power Group […] Read more
GERC Allows Compensation To Juniper Energy For ‘Change Of Law’ Updated On Fri, Oct 13th, 2023 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC), in its latest judgement, allowed Juniper Green Sigma Pvt Ltd compensation for ‘change of law’ events. Juniper Green Sigma is a subsidiary of Juniper Green Energy. It has developed a 120-megawatt (MW) grid-connected solar plant in Gujarat to supply Gujarat Urja Vikas Nigam Limited (GUVNL). Juniper, in its petition before the […] Read more
1000 EV Charging Stations in the Works from Servotech & EMCOR Updated On Fri, Oct 13th, 2023 by Saurenergy Servotech Power Systems Ltd., a manufacturer of EV chargers in India, and EMCOR Power Solutions, a firm that provides EV charging CPO solutions and advanced battery, have joined hands by way of an MoU. Under the terms of the agreement, EMCOR Power Solutions will provide Servotech Power Systems with 1000 CPO (Charge Point Operator) sites […] Read more
India Ratings Downgrades SWREL to Default Grade Updated On Wed, Oct 11th, 2023 by Saurenergy In a move that is likely to shock, if not surprise quite a few in the industry, India Ratings and Research (Ind-Ra) has downgraded Sterling and Wilson Renewable Energy Limited’s (SWREL) bank facilities’ ratings to ‘IND D’ from ‘IND BB-’ while resolving the Rating Watch with Negative Implications. According to India Ratings, the key […] Read more
Finnish Energy Tech Firm Capalo AI Raises Pre-Seed Funding Worth €500,000 Updated On Wed, Oct 11th, 2023 by Saurenergy Finnish energy tech startup Capalo AI has raised €500,000 in pre-seed funding. The funding round was led by Innovestor Tech Fund, with Inventure also participating. Capalo AI will use the funding to further develop its virtual power plant (VPP) and multi-market optimization AI, as well as scale up its team with talented mathematicians and cloud service professionals. With the […] Read more
Sofar Set To Expand In C&I and Utility-Scale Projects: Sunil Tiku, Sofar Updated On Tue, Oct 10th, 2023 by Saurenergy Sofar Solar, which entered the Indian market six years back with its inverters, is now diversifying its products and reach. The firm, which initially tried to penetrate the residential market and focussed more on Original Design Manufacturer (ODM) partnerships, is now trying to make inroads into the country’s Commercial and Industrial (C&I) and utility-scale projects. […] Read more
RecycleKaro Partners with Bajaj Auto for EV Battery Recycling Solutions Updated On Tue, Oct 10th, 2023 by Saurenergy RecycleKaro, a player in sustainable, lithium-ion battery recycling, has announced a strategic partnership with Bajaj Auto, a key player in the automotive manufacturer space, for the recycling of lithium ion batteries. Under this partnership, Recyclekaro will employ its cutting-edge Hydrometallurgy technology to recycle end-of-life batteries from Bajaj Auto vehicles. Hydrometallurgy technology The innovative Hydrometallurgy technology […] Read more
