UK Fund Gresham House Raises £380m Funding For Storage Projects Updated On Fri, Nov 26th, 2021 by Saurenergy Gresham House Energy Storage Fund has secured a £380m bespoke funding package from NatWest bank with support the growth of its UK energy storage pipeline. Gresham House is a listed specialist alternative asset manager, offering funds, direct investments and tailored investment opportunities. The new funding will help finance seven newly announced battery energy storage projects due […] Read more
MG Motor Becomes First Auto Firm To Adopt Wind Solar Hybrid Energy Updated On Thu, Nov 25th, 2021 by Saurenergy MG Motor India has partnered with Clean Max Enviro Energy Solutions Pvt Ltd (CleanMax), for the supply of 4.85 MW of wind-solar hybrid power to MG’s manufacturing facility in Halol. With this partnership, MG will abate approximately 2 lakh MT of CO2 over 15 years. Thus, even as auto firms have moved forward across the […] Read more
Canadian Solar Signs Framework Agreement With Battery Major CATL Updated On Thu, Nov 25th, 2021 by Saurenergy Canadian Solar Inc. has announced that its subsidiary CSI Solar signed a strategic cooperation framework agreement with Contemporary Amperex Technology Co., Ltd. (“CATL“), a global leader of new energy innovative technologies. For CATL, the partnership is yet another addition to its string of partnerships to push its technology across after earlier partnership with Jinko Solar […] Read more
Renewable Energy Certificates. Trading Resumes, But Much Needs To Be Done Updated On Thu, Nov 25th, 2021 by Saurenergy Highlights: The market share of REC market had already shrunk to 9.2 lakh Renewable Energy Certificates (REC) in 2020-21, while 60.58 lakh RECs piled up till March end. As per CEEW-CEF analysis, as many as 5.1 million RECs have remained unsold due to poor RPO compliance across India, a demand shortfall of 7%. The Appellate […] Read more
ENEL To Add 43 GW OF Solar By 2030 In Larger Renewables Plan For 2030 Updated On Thu, Nov 25th, 2021 by Saurenergy Italian power and gas utility Enel has announced plans to invest €70 billion (US$78 billion) by 2030 across regions to scale up its renewables and energy storage portfolio. The move, announced yesterday (Nov 24) marks an effort by the energy major to bring forward its net zero plans to 2040. The company’s earlier net zero […] Read more
TotalEnergies to Develop 500MW Solar PV Projects in Libya Updated On Wed, Nov 24th, 2021 by Saurenergy French oil and gas major TotalEnergies has signed new agreements with Libya for the sustainable growth of the country’s natural resources, which include developing 500 MW solar PV projects in addition to investing $2 billion in crude oil production and gas extraction. The agreements were signed at the recently held Libya Energy & Economy Summit, […] Read more
Gautam Solar Expands Module Mounting Str Mfg Capacity by 10 Times Updated On Tue, Nov 23rd, 2021 by Saurenergy Solar manufacturer Gautam Solar Private Limited, which is based in New Delhi, has expanded its production footprint by boosting the manufacturing unit of solar module mounting structures by 10 times from 50 metric tons per month to 500 metric tons per month, the company said in an official statement. Based in Haridwar, the state-of-the-art unit […] Read more
Servotech Awarded Off-Grid Solar Project by UPNEDA Updated On Tue, Nov 23rd, 2021 by Saurenergy Servotech Power Systems Ltd., a New Delhi-based manufacturer of LED lights and solar products, has bagged an off-grid solar PV plant order from Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA). In this project, Servotech will be responsible for the supply, erection, testing, and commissioning of the off-grid solar PV power plant in different […] Read more
Top 3 Transcontinental Solar Energy Transmission Projects Updated On Tue, Nov 23rd, 2021 by Saurenergy Back in October 2018, when Prime Minister Narendra Modi first articulated the idea of One World One Sun One Grid (OWOSOG), perhaps even he wouldn’t have expected the progress the idea has made since. Besides being announced formally as an objective at the COP 26 meet recently, the idea of OWOSOG has made enough progress […] Read more
