Australia Plans To Boost Local Solar Module Manufacturing, Allocates Funds Updated On Wed, May 15th, 2024 by Saurenergy The Australian government has now planned to boost its solar module manufacturing locally. The government yesterday in its latest budget had also announced special packages for boosting solar module manufacturing and renewable energy in the region. As per the budget document of the government, the Australian government will allocate $3.2 billion on the next one […] Read more
SGEL Invites Bids For 200 MW Solar Project On 800 Acres Land In Assam Updated On Tue, May 14th, 2024 by Saurenergy SJVN released a tender for purchase or lease of Land up to 800 acres for 28 Years, with all requisite statutory clearances for setting up solar power project(s) up to 200 MW capacity in the State of Assam. The project was located at Shanan, Shimla. The tender document was released on 18th April 2024 The […] Read more
May 14- Renewable Pack Outpaces Market Recovery Updated On Tue, May 14th, 2024 by Saurenergy On a day that the market recovered somewhat, green energy stocks easily outpaced the market recovery, save for Waaree Renewable Technologies, which remained locked at the lower circuit breaker of 5%. KPI Greem Shakti Pumps were both locked at the upper circuit, exhibiting the strong demand still around for these firms. Adani Green, Tata Power […] Read more
Kia Unveils Revamped EV6 Electric Vehicle With Bigger Battery Updated On Tue, May 14th, 2024 by Saurenergy South Korean automaker, Kia recently launched a redesigned and upgraded version of its EV6 electric vehicle. The design was initially introduced in 2021. Its redesigned SUV look comes with a fourth-generation 84 kWh battery and an infotainment system. This system is built on Hyundai Motor Group’s software using defined vehicle (SDV) technology. Kia said the […] Read more
EU To Withdraw From Probe Into Chinese Solar Park Construction Updated On Tue, May 14th, 2024 by Saurenergy Earlier this year, the United States (US) and European Union (EU) Commission announced launching an inquiry into Chinese suppliers of wind turbines under the new Foreign Subsidies Regulation. This announcement came as Chinese wind turbine manufacturers pushed hard and won some orders in Europe. The Chinese suppliers offered cheap turbines and generous finance which distorts […] Read more
US-Based Flexible Solar Firm Active Surfaces Secures $5.6M Funding Updated On Tue, May 14th, 2024 by Saurenergy US-based Active Surfaces, a flexible solar panel startup spun out from MIT, raised $5.6 million in an oversubscribed pre-seed funding round. The round was led by Safar Partners, a deep-tech venture capital fund. Additional participants—include QVT, Lendlease, Type One Ventures, Umami Capital, Sabanci Climate Ventures, New Climate Ventures, SeaX Ventures, and others—reflect a diverse support […] Read more
GAIL Invites Bids For Grid Tied RT Solar PV Plant Under KG Basin Updated On Mon, May 13th, 2024 by Saurenergy Gas Authority of India Limited (GAIL) India Limited, the state-owned natural gas processing and distribution company and a Maharatna Indian company, released a tender inviting bids to contract, design, supply, install, testing and commission of grid-tied rooftop solar PV plant. The project included an Annual Maintenance Contract (AMC) with a generation guarantee under Krishna Godavari […] Read more
Green Energy Stocks Continue to face Tough Market Assessment- May 13 Updated On Mon, May 13th, 2024 by Saurenergy With green energy stocks, there is clearly nothing like half measures. Even today, when the market moved between losses and a marginal profit, green energy stocks moved much more sharply. For tata Power and Waaree Renewable Technologies, even record profits were not enough to prevent a drop, a full 5% in case of Waaree. On […] Read more
India Becomes Second Largest Wind Market Within Asia Pacific In 2023 Updated On Mon, May 13th, 2024 by Saurenergy Global Wind Energy Council (GWEC) growth required an annual wind installation tripling to at least 320 GW. GWEC report found that the onshore wind energy recovered from a growth slowdown it currently is ranked fourth in total wind installations. It has installed 45 GW of onshore wind as of January 2024 and it’s the second […] Read more