Author: Saur News Bureau

Sungrow Supplies Inverters for 100 MW Solar Plant in Hungary

Solar PV inverter solutions provider – Sungrow has announced that it has supplied its medium-voltage inverter solutions to a 100 MW solar plant in Kaposvàr, south-west Hungary, which is one of the largest solar projects and biggest investment of this nature in entire Central Europe. Committing to support Hungary’s climate policy targets, including energy production […]

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Okinawa Shifts To ‘Lithium Only’ For Its Two Wheelers

NCR based electric two-wheeler maker Okinawa Autotech private Limited (Okinawa) announced today (Thursday) that it is stopping the sale of lead-acid battery-based scooters. The company will focus only on lithium-ion battery-based variants from now on, said the firm in a statement. Incidentally, under the FAME2 guidelines for two-wheeler subsidies, electric vehicles based on lead-acid batteries […]

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ARENA to Fund USD 12.9 million to AEMO for its Distributed Energy Project

The Australian Renewable Energy Agency (ARENA) has today announced USD 12.9 million in funding to the Australian Energy Market Operator (AEMO) for the development of a major Victorian Distributed Energy Resources (DER) Marketplace trial named Project EDGE (Energy Demand and Generation Exchange). Project EDGE is a multi-year project to demonstrate an off-market, proof-of-concept Distributed Energy […]

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CIT Serves as Coordinating Lead Arranger for $256 Million Texas Solar Financing

CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as coordinating lead arranger on a $256 million financing for the 250-megawatt (MW) Taygete I Energy Project owned by 7X Energy, Inc (7X) and located in Pecos County, Texas. 7X Energy is a leading utility-scale solar developer, owner, and asset manager that has originated 1,350 (MWac) of solar […]

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Panasonic Expands EverVolt™ Portfolio with New High Power, High Efficiency Solar Modules

EverVolt Solar Modules deliver 350W-370W in a streamlined, sophisticated style that fits any home Panasonic Corporation of North America today unveiled its new EverVolt™ Solar Modules series with the introduction of four new modules designed to accompany its EverVolt™ Battery Storage system. The EverVolt Solar Modules provide advanced efficiency and performance – even in high temperatures – as well as […]

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Volvo Cars to Produce of Electric Motors at its Powertrain Plant in Sweden

Volvo Cars has announced its target of producing electric motors at its powertrain plant in Skövde, Sweden. Planning to establish complete in-house E-motor production with an investment of 700 million SEK by mid-decade. The company is aiming to become a premium electric car company with 50 percent of its global sales to be fully electric […]

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STMicroelectronics to be Carbon Neutral by 2027

STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, announced its goal to become carbon neutral by 2027, the earliest date anticipated for any semiconductor company globally. ST’s comprehensive roadmap to carbon neutrality includes two specific targets: compliance with the 1.5°C scenario defined at the Paris COP21 by 2025, which implies […]

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Andhra Pradesh Govt Discusses EV Plans With Niti Ayog

Andhra Pradesh has become the latest state to come out with an EV policy that seeks much more than more EV’s on the road by 2024.  The state’s new EV policy hopes to attract an investment of Rs 30,000 crore and create 60,000 jobs in electric vehicles (EVs) manufacturing. All this, while getting a million […]

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Veolia Secures Blade Recycling Contract in the US With GE Renewable Energy

GE Renewable Energy has signed a multi-year agreement with Veolia to recycle blades removed from its US-based onshore turbines during upgrades and repowering efforts. GE Renewable Energy has announced that it has signed a multi-year agreement with Veolia North America (VNA) to recycle blades removed from its US-based onshore turbines during upgrades and repowering efforts. […]

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