Intersect Power Raises $750 Million Growth Equity Investment from TPG Rise & Others Updated On Wed, Jun 29th, 2022 by Saurenergy US-based clean energy company, Intersect Power announced a $750 million growth equity investment for its renewable energy portfolio yesterday (28th June 2022). TPG Rise Climate is the dedicated investor while Climate Adaptive Infrastructure and Trilantic Energy are the additional participants in this investment. With the help of this growth equity investment from TPG Rise & Others, Intersect […] Read more
Trains Fueled by Hydrogen will Operate in Germany Updated On Wed, Jun 29th, 2022 by Saurenergy Hydrogen-based technology is being used in rail transport. The latest example is Germany’s Siemens Mobility, which is building several trains fueled by hydrogen for the transport network in the Berlin-Brandenburg metropolitan area. On Monday (27th June) Siemens Mobility stated that Niederbarnimer Eisenbahn has ordered seven of its Mireo Plus H trains from the company. The […] Read more
Petrofac and Hitachi Energy Join Up To Tap Growing Offshore Wind Market Updated On Wed, Jun 29th, 2022 by Saurenergy To provide grid integration and related infrastructure to serve the quickly expanding offshore wind business, grid automation solutions company Hitachi Energy has partnered with Jersey-based international service Petrofac. To enable the decarbonization of power networks and produce sustainable energy, the collaboration leverages the complementary core technologies and offshore wind industry knowledge of both firms. Both […] Read more
Solar Power Cluster Of 1.5 GW Being Developed By Voltalia in Brazil Updated On Tue, Jun 28th, 2022 by Saurenergy France based RE player Voltalia has declared that its developing a new photovoltaic cluster with a potential capacity of more than 1.5 GW in the state of Minas Gerais in Brazil. The official statement of Voltalia informs that after developing its large clusters in Brazil at Serra Branca1 of 2.4 GW and Canudos2 of over […] Read more
Battery Smart Raises $25 Million Funding Led by Tiger Global Updated On Tue, Jun 28th, 2022 by Saurenergy Delhi-based EV battery-swapping startup, Battery Smart has announced that they have closed the series-A funding round. In this round, Battery Smart has raised $25 Million in funding from American Investment firm, Tiger Global. Besides Tiger Global, Blume Ventures & Orios Ventures also joined as part of this investment. In November last year, Battery Smart raised $7 […] Read more
Sungrow Leads the Inverter Race Globally After Shipping 47.1 GW Products in 2021 Updated On Mon, Jun 27th, 2022 by Saurenergy China-based Solar Inverter manufacturer, Sungrow shipped 47.1 GW of products in 2021 to become the global leader. Not only that, but they also expanded their production facilities across Asia in 2021. Sungrow has a 10 GW manufacturing facility in Bengaluru, that was recently expanded, besides another 10 GW plant in Thailand. The top 10 global […] Read more
World’s First Open CO2 Transportation Using ABB Technology Updated On Fri, Jun 24th, 2022 by Saurenergy For the primary electrical, automation, and safety systems for Norway’s Northern Lights project, engineering, procurement, and construction (EPC) company Aker Solutions has hired ABB Technology . Northern Lights is a first-of-its-kind project from enterprises across Europe to safely store CO2 (CO2 Transportation). In this project, Northern Lights is creating an open and adaptable infrastructure to […] Read more
Pacifico Energy Wins Big In 129 MW Japan Solar Tender Updated On Tue, Jun 21st, 2022 by Saurenergy Japan has disclosed the winners of its 12th solar power tender. The total capacity on offer was about 129 MW. Renewable energy developer Pacifico Energy KK has said that it has emerged as the winner of more than half of the capacity that Japanese authorities have allotted. Pacifico has said that the company grabbed a 76.8-MW […] Read more
Unfazed By Protests, Adani Will Expand Energy Footprint In Lanka Updated On Tue, Jun 21st, 2022 by Saurenergy Unfazed by the political storm over recent off-the-cuff remarks by MMC Ferdinando, the former Chairman of Ceylon Electricity Board, a couple of weeks ago, Adani Group has set its sights on further expanding its operations in Sri Lanka through Adani Green Energy Limited (AGEL). The expansion plan entails setting up strategic projects that include about […] Read more