Author: Saur News Bureau

Statcon Energiaa And Magellan Powertronics, Australia Ink MoU For EV Charging and Renewable Tech

Australia-based DC & AC electric equipment manufacturer, Magellan Powertronics has inked a Memorandum of Understanding with Delhi-based power electronics manufacturer company, Statcon Energiaa. With this MoU, business and technological cooperation in the field of power electronics are to be encouraged. Manufacturing EV Chargers and Power Electronics for Renewable Energy are its main areas of focus. […]

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Apollo Invests $175 Million in Summit Ridge Energy For Community Solar Projects

Global conglomerate Apollo Global Management has revealed that it will be making an investment worth $175 million  in Summit Ridge Energy, a leading owner-operator of community solar assets. Since it came into being in 2017, Summit Ridge has formed two joint ventures totaling more than $1 billion in permanent project capital. It has also expanded […]

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Two-thirds Of New Renewable Power In 2021 Cheaper Than Cheapest Coal In G20: IRENA

Renewable Power Generation Costs in 2021, published by the International Renewable Energy Agency (IRENA) has stated that almost two-thirds or 163 gigawatts (GW) of newly installed renewable power in 2021 was cheaper than the world’s cheapest power plants, the source of which was coal, in the G20 countries. According to IRENA, the renewable power added […]

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Continuum Energy Raises $350 Million For C&I Renewable Market In India

Singapore-based Continuum Green Energy Ltd, has announced that it has raised $350 million in debt by issuing senior secured floating rate notes to two international institutional investors. The notes have a tenure of 3.5 years and the proceeds will be partly used to refinance debt and finance project construction. The floating rate is linked to […]

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Trina Solar’s 210 PERC Cell Achieves 24.5% Efficiency

Chinese manufacturer of PV products, Trina Solar has said that its State Key Laboratory of PV Science and Technology (SKL PVST) proprietary industrial larger-area 210mm×210mm high-efficiency PERC (Passivated Emitter and Rear Cell) solar cell has accomplished high efficiency at 24.5%. This has been validated by National Institute of Metrology, China. As per Trina Solar, the […]

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Mitsubishi Power To Employ Emerson Technologies for Largest Hydrogen Hub

In a major announcement, Mitsubishi Power Americas has revealed that it has chosen global software and engineering leader Emerson, for the automation of the world’s largest green hydrogen production and storage facility. The industry-leading hub will facilitate the integration of renewable energy by producing and storing green hydrogen for long duration energy storage. Under the […]

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GE Signs Deal With Arafura, Eyes Rare Earths For EV & Wind Turbines

Arafura Resources Limited and GE Renewable Energy have signed an MoU to forget a partnership in the set up of a sustainable supply chain for Neodymium-Praseodymium (NdPr) central to energy transition. The parties are looking at negotiating a long-term sales agreement for GE to purchase NdPr from Arafura’s Nolans Project in central Australia. The agreement […]

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JSW Energy Gets SECI LOA For 300 MW Wind Energy Project

JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has received Letter of Award (LoA) for a total Wind capacity of 300 MW from Solar Energy Corporation of India Limited (SECI). The company had won the 300 MW capacity at Rs 2.94/unit in the tariff based competitive bid invited by SECI for […]

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