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
PV Engineer Updated On Tue, Oct 10th, 2023 by Saurenergy Evaluation of various climate data sources and preparation of energy yield simulations (PVsyst) to provide key project performance indicators for commercial project optimization and transaction services Leading / participating in site visits during various project phases to identity buildable area, optimize layout design, identify infrastructure crossings, support onsite team, and prepare site assessment reports. Preparation […] Read more
ToD Tariff Mechanism: A Tool To Lower Electricity Bills While Managing Demand Updated On Fri, Oct 6th, 2023 by Saurenergy In a revision to Electricity (Rights of consumers) Rules, 2020, the Government introduced two changes to the electricity tariff system in June 2023. These changes are introduction of Time of Day (ToD) Tariff, and rationalization of smart metering provisions. As per the tariff system introduced, tariff during high-solar hours of the day should be 10%-20% […] Read more
GoodWe Launches 320/350kW String Inverter for Utility Market Updated On Fri, Sep 29th, 2023 by Saurenergy GoodWe, a PV inverter manufacturer and smart energy solution provider, has launched its new three-phase 1,500V utility string inverter, the UT (320/350kW). With this addition, GoodWe strengthens its utility segment portfolio by providing increased capacity and reducing Levelized Cost of Energy (LCOE), it claims. The inverter is designed to meet the demands of large-scale power […] Read more
ONGC Signs MoU With NTPC Owned NGEL For Renewable Push Updated On Thu, Sep 28th, 2023 by Saurenergy NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC, and ONGC have signed an MoU on September 27 to realise the development of renewable energy and offshore wind power in line with India’s commitments on Energy Transition. The MoU was signed by Mohit Bhargava, CEO, NGEL and Deb Adhikari ED- JV and BD, ONGC […] Read more
Clean Energy Investments Have Surged In India: IEA Report Updated On Wed, Sep 27th, 2023 by Saurenergy The International Energy Agency (IEA) has recently released a document on the roadmap for the Net Zero plans. The report indicates the role of government policies in bringing improvement in solar PV. The report emphasizes that the clean energy investment today is dominated by the advanced economies and China. As per the report, large economies such as India […] Read more
BHEL Issues EoI to Supply 90 MU (KWhr) of RTC Renewable Energy Updated On Mon, Sep 25th, 2023 by Saurenergy Bharat Heavy Electricals Limited (BHEL) has issued an Expression of Interest (EoI), for renewable energy developers, inviting them to supply 90 million units (KWhr) of Round the Clock renewable energy per year to BHEL’s facilities located at Haridwar (54 million units), Bhopal (12 million units), Trichy (12 million units), and Hyderabad (12 million units) on […] Read more
RWE Decides To Build 35-MW Battery Storage For Biomass Plant Updated On Fri, Sep 22nd, 2023 by Saurenergy RWE has announced its final investment decision to build a Dutch battery storage project with an installed power capacity of 35 MW and a storage capacity of 41 MWh. A total of 110 lithium-ion battery racks will be installed at RWE’s biomass plant in Eemshaven on an area of around 3,000 square metres. RWE plans […] Read more
2023 To See China, India EV Sales Go Beyond 10 Million For First Time Updated On Thu, Sep 21st, 2023 by Saurenergy Even as industry celebrated crossing the 1 million EV sales mark in India by September, the global leader, China is expected to surpass 10 million new energy vehicle sales this year, according to a recent report. EVs accounted for 6.4 per cent of the total automobile sales in the country this year, with two wheelers […] Read more
