Saur Energy International
14th December 2022
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RENEWABLES NEWS

NTPC Crosses Key Milestone of 1 GW Renewable Capacity

NTPC Ltd, the country’s largest power generator, has crossed the 1GW annual capacity in the renewable energy (RE) segment by adding 1074.59 MW RE capacity in FY23 taking the total NTPC non-fossil capacity to 9.41%. With the successful commissioning of entire capacities of 150 MW...

ib solar

Servotech and NSEFI Signs Contract to Install a Solar-Powered EV Charging Carport

To complete the development of a solar-powered, EV charger-enabled carport as part of a pilot demonstration, NSE-listed Servotech Power Systems Limited has struck an agreement with the National Solar Energy Federation of India (NSEFI), one of the leading solar bodies of India. With the aid...

5 MW Solar Plant in Uttarkashi Is Powered By Gautam Solar

A 5 MW plant in Uttarkashi in Uttarakhand has delivered stellar generation results for the region. With solar photovoltaic (PV) modules supplied by Gautam Solar Private Limited. Gautam Solar supplied the PV modules to Engineering, procurement and construction (EPC) firm Solid Solar Private Limited for...

Novasysgreen

Global Solar Installs On Course For 222 GW in 2022, Rethink Energy

Research firm Rethink energy reckons  global solar installations are on track for 222 GW of installations during 2022, and manufacturing output shows that next year this will rise by even more as solar manufacturing surges. This demonstrates that the solar industry has shaken off the...

Current Issue

Verbund AG enters Italy with 250 MWp Solar PV Project

Verbund AG has announced that its Executive Board has approved the company’s market entry into the Italian market. Verbund AG has signed a cooperation agreement with the PV-Invest Group for the acquisition of a project development company including development of a solar photovoltaic (PV) project...

Cleanmax To Add 33.8 MW of RE Projects With Support From Meta

To invest in 33.8 MW of brand-new renewable energy projects in India, Mumbai-based CleanMax Enviro Energy Solutions (CleanMax) has teamed up with Meta, the world's largest internet corporation that owns facebook, Instagram and Whatsapp, among other properties.  The projects will feature 21.6 MW of wind...

EIP Raises EUR 1 Billion For Energy Transition Projects In Rich World

Energy Infrastructure Partners (EIP) has announced that it has raised €1 billion for the first close of its global energy transition infrastructure fund. The majority of the investment commitments come from the Swiss pension funds. Credit Suisse Investment Foundation contributed EUR 700 million of the...

Textile Major H&M Signs PPA With Neoen & Alight For 90 MWp Solar Park In Sweden

French Renewable energy player Neoen and solar power specialist Alight have announced the signing of a PPA for 90 MWp of green energy in Sweden with the Swedish fashion retailer H&M Group. Under the long-term PPA, the solar park, located in Hultsfred, Sweden, will provide...

EBRD Steps-Up Wind Power Generation In Uzbekistan With $520 million Funding

The European Bank for Reconstruction and Development (EBRD) has announced a fresh deal to support Uzbekistan's renewable energy through investment in low-carbon technologies to help align the country’s power-sector development with its commitments under the Paris Agreement. EBRD has said that it has arranged two...

Saudi Arabia’s PIF Acquires 9.5% Stake in Offshore Wind Player Skyborn Renewables

The Public Investment Fund (PIF), the Kingdom of Saudi Arabia, has announced the acquisition of up to 9.5% in Germany based offshore wind developer and operator Skyborn Renewables, alongside Global Infrastructure Partners (GIP) which is a global, independent infrastructure investment fund. The Saudi Government has...

Columbia Center Report on Renewables Investment To Developing Countries

Two new reports on the factors that encourage and obstruct investment in renewable energy in developing nations were just released by the Columbia Center on Sustainable Investment (CCSI). In the first report, "Scaling Investment in Renewable Energy Generation to Achieve Sustainable Development Goals 7 (Affordable...

Meyer Burger Ropes In Partners For Scaling Up Perovskite Tandem Technology

Thun, Switzerland based solar cell and module manufacturer  Meyer Burger Technology AG has brought in partners and signed corresponding multi-year cooperation agreements. Together with CSEM from Switzerland, Helmholtz-Zentrum Berlin (HZB), the Fraunhofer Institute for Solar Energy Systems ISE in Freiburg, and the Institute of Photovoltaics...

EV's & Storage News

President Murmu Unveils EV Yatra Portal App On Energy Conservation Day

An EV yatra portal and a mobile application, which will enable in-vehicle navigation to the closest public EV charger, are set to go live soon, according to a release from the office of President of India, Draupadi Murmu. At a celebration for National Energy Conservation...

Mahindra & Mahindra Invests Rs 10000 Cr To Expand EV Production

Mumbai-headquartered auto major Mahindra & Mahindra Ltd (M&M) recently announced that it will invest Rs 10,000 crore to build an electric vehicle manufacturing facility in Pune, Maharashtra. The industrial development scheme for electric vehicles of the Maharashtra government has approved the company's investment, according to...

Heavy Industry Ministry Blocking Rs 1100 Cr in Subsidies: EV Group

The producers of electric vehicles have requested the reinstatement of a subsidy intended to encourage the sale of vehicles. The industry will be "choked to death" by the unilateral decision to discontinue subsidy, according to the corporations. The plea comes even as FAME 2 subsidies...

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