Saur Energy International
31st May 2023
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RENEWABLES NEWS

MNRE Clarifies No Plan To Cut Import Duty On Solar Panels

Following news reports that the government plans to cut import duty on solar panels, the Ministry of New and Renewable Energy (MNRE) has seen it fit to clarify that no such plans are in the offing. The news reports, carried by news agency Reuters as...

ib solar

Capgemini Offices in India Reach 100% Renewable Energy

Multinational information technology services and consulting firm Capgemini has announced that its facilities in India are operating on 100 percent renewable energy (RE). This allows the firm to avoid over 70,000 tonnes of carbon emissions per annum. The firm transitioned to 100 percent renewable energy...

Kerala To Transform Thiruvananthapuram Into Largest Solar City

As solar power generation is gaining pace in the country in a quest to achieve the 2030 renewable energy targets, the Kerala state government has launched a project that is expected to transform the state capital Thiruvananthapuram into a complete and largest solar city in...

Novasysgreen

In 2022, India Among 3 Countries Accounting for Nearly 90% of Installed Capacity for Manufacturing Solar Modules: IEA

A latest report by the International Energy Agency (IEA) claimed that China would continue to withhold its globally dominant position in solar module manufacturing capacities even in 2030. The report estimated the likely production capacities of solar modules in different countries by 2030 if the announced projects...

Current Issue

Suzlon Q4 FY23: Positive Net Worth After a Decade at INR 1,099 cr, 80% YoY Slide in Current Net Debt

Renewable energy solutions provider Suzlon has released its fourth quarter (Q4 FY23) and annual audited results for financial year 2022‐23 (FY23). The firm has reported its revenue at INR 5,947 crores for FY23. For Q4 FY23, the number has been pegged at INR 1,690 crores....

SIDS to Strive for New Goal of 10 GW Renewable Energy Installed Capacity by 2030

The International Renewable Energy Agency (IRENA) has released its report entitled, 'SIDS Lighthouses Initiative: Progress and way forward'. The report places an emphasis on the urgency to deal with the impact of climate change on Small Island Developing States (SIDS). At the 27th meeting of...

IISc Develops Novel Solar Powered Thermal Desalination System

Bengaluru’s Indian Institute of Science (IISc) has developed a solar energy based new thermal desalination system. The IISc researchers say it is energy-efficient, cost-effective and portable. These features make the solar thermal desalination system convenient for installation in remote areas that have no or limited...

Trina Solar Joins Chinese Peers With Major Expansion Plans

Trina Solar joins fellow Chinese solar giants Longi and Jinko Solar to announce major new expansion plans. In a recent announcement, Trina Solar said it will invest around CNY8.7 billion (USD1.2 billion) in a new plant and related facilities in China's Sichuan province. The Changzhou...

Natixis CIB Closes $364m Financing For Chilean Solar Projects

Natixis Corporate & Investment Banking (Natixis CIB) has closed a $364 million financing for a portfolio of a solar PV utility-scale and PMGD plants in Chile. These solar projects are owned and operated by Solek Holding and the portfolio has a combined capacity of about...

TrinaTracker Bags 510 MW Solar Tracker Order for Uzbekistan Solar Projects

Smart solar tracker solution provider, TrinaTracker has announced that it has signed an agreement with Dongfang Electric International Corporation (DEC International) to provide 510 MW solar trackers for solar power projects in Uzbekistan. TrinaTracker is owned by Trina Solar. The contract signing ceremony was held...

EV's & Storage News

Quantum Energy & Log9 launch 2 Wheeler EV Bzinesslite, Promise 80% Charging in 12 Minutes

Bengaluru-headquartered, advanced deep-tech and battery tech startup, Log9 Materials, has announced entering into a long-term strategic partnership, initiated through a Memorandum of Understanding (MoU), with Hyderabad-headquartered EV OEM firm Quantum Energy Limited. As a part of this collaboration, the two companies have jointly unveiled a...

Acen Set To Build Largest Battery Storage Project In Australia

Acen, the Phillipines based renewable energy major that is part of the Ayala group, is set to make Australia's largest storage battery project linked to a solar farm. The project, to come up in the New England region of New South Wales, has secured approvals...

RPC, Greenfield Collaborate To Deliver 500 MW Of UK Battery Storage

London based clean energy majors Renewable Power Capital (RPC) and Greenfield have collaborated to develop at least 500 MW of battery storage in the United Kingdom to enhance energy transition of the island country. RPC and Greenfield also announced the acquisition of two projects by...

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