FaaS Firm Oorja Secures $1 million in Seed Funding For Its Clean Energy Solutions Updated On Tue, Oct 12th, 2021 by Saurenergy Oorja, a firm that describes itself as a Farming as a Service (FaaS) operating to connect agriculture and clean energy, has completed a US $1 million (Rs 7.5 crores) Seed funding round. The round includes equity investment from Schneider Electric Energy Access Asia (SEEAA) and grant funding from Water & Energy for Food Grand Challenge […] Read more
Bill Gates Backed Iron Battery Firm ESS Listed on NYSE Updated On Tue, Oct 12th, 2021 by Saurenergy Large Battery firm ESS, with its listing on the New York Stock Exchange (NYSE), can now claim to be the first publicly traded long duration storage company in the world. The firm, which went public through a SPAC (Special Purpose Acquisition Company) with Acon S2 Investment Corp. has started trading on the New York Stock […] Read more
ESS, SB Energy to Deploy 2 GWh Long-Duration Storage in US Updated On Mon, Oct 11th, 2021 by Saurenergy ESS, a U.S. manufacturer of long-duration batteries, has entered into a framework agreement with SB Energy, a wholly owned subsidiary of SoftBank Group Corp, to deploy two gigawatt-hours (2 GWh) of ESS batteries through 2026. The agreement demonstrates ESS and SB Energy’s shared commitment and vision of a global shift to renewables and decarbonization of […] Read more
6 Myths Blown Away By India’s Power Crisis Updated On Thu, Oct 7th, 2021 by Saurenergy The power crisis in India has received enough coverage in the media, with focus now on the barely 3 days coal supplies with a significant segment (Over 40%) of the country’s thermal fleet of power stations. While the use of the word energy transition is designed to soothe nerves and allow the huge changes underway […] Read more
Tyre Maker CEAT Buys 26% Stake in Cleanwin Energy Updated On Thu, Oct 7th, 2021 by Saurenergy Tyre maker CEAT Ltd on Monday announced it has completed the acquisition of 26 per cent stake in Cleanwin Energy, for which it had signed a pact with Yellowstone Clean Energy LLP last month. Cleanwin Energy owns, operates and maintains a captive wind power generating plant in Maharashtra. The RPG Group company plans to move […] Read more
Jharkhand Misses Alt Energy Target, Govt Data Shows Updated On Thu, Sep 30th, 2021 by Saurenergy Jharkhand has been a habitual defaulter in meeting the renewable energy purchase obligation (RPO) as mandated by the Centre for achieving the ambitious dream of 175GW power through renewable sources by 2022. RPO is a mechanism by which the obligated entities which includes discoms, open access consumers and captive power producers, are obliged to purchase […] Read more
IRENA & GWEC Target 380 GW Offshore Wind Energy by 2030 Updated On Tue, Sep 28th, 2021 by Saurenergy The International Renewable Energy Agency (IRENA) and the Global Wind Energy Council (GWEC) have signed the Global Offshore Wind Energy Compact, an agenda that aims to ensure sustainable energy for all, helping the global battle against climate change. The compact sets a target of 380 GW of energy from offshore wind, installed worldwide by 2030; by […] Read more
With Approval In From Indonesia, Sun Cable Expands Project By 20 GW Updated On Fri, Sep 24th, 2021 by Saurenergy Sun Cable, promoted as the world’s largest single PV and battery storage project has expanded its project size further. The project, which seeks to build massive solar power plants in Australia along with storage capacity to supply to Singapore via undersea cables, has added 20 gigawatts for the solar component and 36-42GWh of battery storage. […] Read more
Chalet Hotels is Now World’s 1st Hospitality Co to Join Climate Initiatives Updated On Thu, Sep 23rd, 2021 by Saurenergy Chalet Hotels Limited (CHL), owner, developer and asset manager of high-end hotels in key metro cities in India, has claimed to be the first hospitality company, globally, to join Climate Group’s RE100, EP100 and EV100 initiatives linked to renewable electricity, energy efficiency and electric mobility respectively. The announcement comes during the Climate Week NYC 2021, […] Read more
