Battery Player Brill Power Raises $10.5 Million Series Funding Updated On Wed, Jul 20th, 2022 by Saurenergy UK-stated battery management and control technology developer, Brill Power has announced the conclusion of its Series A round raising $10.5 million today (July 20th, 2022). This $10.5 million investment will be used by Brill Power to further its goal of developing batteries that are smarter, cleaner, safer, and longer-lasting as a crucial component of the […] Read more
A Look At The Progress In Renewable Energy Sector In 2022 Updated On Wed, Jul 20th, 2022 by Saurenergy Think tank REN21 has released a report on the state of the renewable energy sector in 2022. Despite the pandemic’s aftereffects and a surge in global commodity prices, that led to a disruption in the supply chains for renewable energy and caused delays in projects, renewables saw yet another year of record growth in terms […] Read more
Renewable Energy Market Update Outlook For 2022-23 Updated On Wed, Jul 20th, 2022 by Saurenergy The IEA has released its study on Renewable Energy Outlook For 2022-23. In its report, the IEA provided detailed information about how developments in the energy market in recent months, particularly in Europe, have once again demonstrated the critical role that renewable energy sources play in enhancing energy security in addition to their well-established efficiency […] Read more
Portugal Largest Floating Solar Plant is Ready To Generate Energy Updated On Tue, Jul 19th, 2022 by Saurenergy The Portugal-based electric utility company, Energias de Portugal’s (EDP) floating solar plant in Alqueva (South Portugal) is ready to produce electricity after seven months of construction work. According to the company, this is a significant step in the advancement of renewable energies has been made with the start of operation of this project. Along with […] Read more
Ncondezi Energy Looking To Install 300 MW Hybrid Storage In Mozambique Updated On Tue, Jul 19th, 2022 by Saurenergy Ncondezi Energy, Mozambique, Africa based power company has started a feasibility study on the hybrid solar-storage system market in Mozambique. As per the company, the goal of this feasibility study is to determine whether the city of Tete is a viable location for a solar project with a 300 MW maximum generation capacity and a […] Read more
Wartsila Will Supply Energy Storage To One Of The World’s Largest Solar Plus Storage Project Updated On Wed, Jul 13th, 2022 by Saurenergy Wartsila, a Finland-based technology company, has signed a contract with Clearway Energy Group. Under this contract, Wartsila will provide energy storage devices totaling a 500-megawatt (MWac) / 2-gigawatt hour (GWh) portfolio. The contract encompasses five sites in California and Hawaii and represent one of the largest solar-plus-storage project portfolios in the world. According to Wartsila, […] Read more
Canadian Government Has Invested $765,000 to Deploy 117 V1G EV Chargers Updated On Wed, Jul 13th, 2022 by Saurenergy Canada-based Energy-Tech company, Peak Power has announced that it has received $765000 worth investment from the Canadian Government. With this investment, Peak Power will install 117 V1G EV chargers to achieve a zero-emission target under the Zero Emission Vehicle Infrastructure Program (ZEVIP). The total cost of the ZEVIP program is over $1.6 million. The V1G […] Read more
IEA Report on Bridging Gap B/w Demand & Supply Of EV Batteries’ Metal Updated On Tue, Jul 12th, 2022 by Saurenergy IEA has published a report on the global EV market. In this report, IEA has highlighted how the EV market is growing around the globe. As per the report, electric vehicle sales around the globe are rising and breaking all the previous sales records. On the other hand, the EV charging infrastructure is not growing […] Read more
Power Finance Corp Signs Loan Agreement With Japan Bank For JPY 30 Billion Updated On Fri, Jul 8th, 2022 by Saurenergy An Indian financial institution under the ownership of the Ministry of Power, Power Finance Corp (PFC) has signed a loan agreement with Japan Bank for International Cooperation (JBIC). Through this loan agreement, Power Finance Corp will seek JPY 30 billion as loan amount from JBIC. As part of its “Global action for Reconciling Economic growth […] Read more