Apex Clean Energy, Powin To Develop 400MWh of Energy Storage Projects Updated On Tue, May 9th, 2023 by Saurenergy Utility scale renewable energy developer Apex Clean Energy and integrated battery solutions provider Powin have announced two new battery storage projects in Texas. Apex developed and will construct, own, and operate the projects; Powin is providing its Centipede Platform and StackOS battery management system. Angelo Storage, co-located with the 195 MW Angelo Solar Project, and […] Read more
Pivot Energy Secures $200 Million For 100 MW Distributed Solar Updated On Tue, May 9th, 2023 by Saurenergy American solar power and energy storage developer Pivot Energy has closed a $203 million financing facility to support a multi-state portfolio of distributed generation solar projects. Pivot Energy said that Silicon Valley Bank (SVB) and Foss & Company will make the initial tax equity investment. The 100 MWdc portfolio comprises 35 community solar and C&I […] Read more
Gurugram-based EV Logistics Firm Zyngo Raises $5 Million Funding Updated On Tue, May 9th, 2023 by Saurenergy Zyngo EV Mobility Private Ltd, a Gurugram-based tech-enabled third-party logistics service provider, has now raised USD five million in a ‘pre-series A’ funding led by Delta Corp Holdings (Delta Corp). It was in addition to the participation from existing investors like LC Nueva Investment Partners LLP. The company said these funds would be used to […] Read more
Five Major Challenges India Can Face in Lithium Mining Updated On Tue, May 9th, 2023 by Saurenergy In the latest development, the Geological Survey of India (GSI) indicated the presence of a large deposit of Lithium in the Degana region of Rajasthan’s Nagaur district. It is the second largest critical mineral discovery after the GSI discovered another significant source in the Reasi district of Jammu and Kashmir in February this year. While […] Read more
Linxon, Available Power Agree For 200 MWh BESS Project Updated On Tue, May 9th, 2023 by Saurenergy US Power management firm Linxon has signed an exclusivity agreement with Available Power for the 100 MW/200 MWh Greenport Battery Energy Storage System (BESS) project in Austin, Texas. Linxon said that this agreement strengthens the relationship between both parties, following their strategic partnership for 1GW of distributed energy storage projects in the ERCOT market. Linxon […] Read more
Seatrium Gets Offshore Wind EPC Contract Worth $377 million Updated On Tue, May 9th, 2023 by Saurenergy Singapore based engineering solutions provider Seatrium Limited, through its wholly-owned subsidiary Sembcorp Marine Offshore Platforms, has secured a contract worth more than S$500 million (USD 377 Million) for two offshore wind farm substations from Empire Offshore Wind. The Empire wind project is a joint venture between Equinor and bp off the United States’ Long Island. […] Read more
Enel Green Gets Go-Ahead To Operationalise 163 MW Chilean Solar Project Updated On Tue, May 9th, 2023 by Saurenergy Renewable energy developer and operator Enel Chile, through its subsidiary Enel Green Power, has announced that it has received authorization from the National Electricity Coordinator, an authority of Chilean Government, to begin commercial operations after successfully passing all the tests related to its operations. Enel Green said that the 162.8 MW net power photovoltaic plant […] Read more
Servotech Q4 Results Charged Up On Strong EV Show Updated On Mon, May 8th, 2023 by Saurenergy Servotech Power Systems Ltd., a manufacturer of solar, electric vehicle (EV) chargers, power-backup and other smart power solutions, presented its quarterly financial results for the quarter ended March 31, 2023 at its Board of Directors meeting on May 7, 2023. The firm with a strong foothold in the EV charging space and in the government […] Read more
Highest Cost of Financing for RE in Mexico, Egypt & Tunisia, Lowest in Germany: IRENA Updated On Mon, May 8th, 2023 by Saurenergy IRENA (International Renewable Energy Agency) has released a report entitled ‘The Cost of Financing for Renewable Power’. The Cost of Capital (CoC) is a major determinant of the total price to purchasers of electricity from renewable power generation technologies. As per the report, incorrect assumptions for CoC are not accurate, the cost of electricity might […] Read more
