Gensol’s Scorpius Trackers Launches In US, Targets GW Supply Updated On Wed, Aug 28th, 2024 by Saurenergy Gensol Engineering today announced its entry into the US market with the launch of its Delaware-based subsidiary, Scorpius Trackers Inc. With this, Scorpius is set to debut its tracker technology at the RE+ Conference in Anaheim, 9 – 12 September 2024, with subsequent showcase planned in Austin and San Diego. The first US office of […] Read more
ReNew Signs 437.6 MW Green Attribute Pact With Microsoft Updated On Tue, Aug 27th, 2024 by Saurenergy ReNew, one of India’s leading renewable energy companies, announced the signing of a green attribute sale contract of 437.6 MW of capacity with American software technology giant-Microsoft. The contract is expected to generate over one million units of green electricity attributes annually, contributing to Microsoft’s ambition to be carbon-negative by 2030. As part of the […] Read more
SBI Caps Report Sees Avenues For Banks In Indian Solar Manufacturing Sector Updated On Tue, Aug 27th, 2024 by Saurenergy A recent report by SBI Caps has indicated new avenues for the formal banks in the country for financing solar module manufacturing projects. Bolstered with the expected rise in the production of solar cells, solar modules and other backward integration by domestic players, the report talked about a likely chance of increased participation of banks […] Read more
ZF Wind Power Coimbatore Rolls Out 50 GW Wind Gearboxes Updated On Tue, Aug 27th, 2024 by Saurenergy ZF Wind Power, a technology-driven manufacturer and service partner in the global wind turbine gearbox industry, has achieved a total production capacity of 50 GW of gearboxes at its manufacturing facility in Coimbatore, India. The ZF Wind Power plant in Coimbatore is one of the largest wind gearbox production facilities in the world outside of […] Read more
Green Stocks 27 August: Waaree Renewable Price Sees 5% Rise Updated On Tue, Aug 27th, 2024 by Saurenergy After a long hiatus, nine out of eleven stocks saw a rise in prices, with Waaree Renewable Technologies taking the top spot with a 5% increase. This was followed by JSW Energy, which saw a 2.49% jump, and Tata Power, which experienced a 1.31% rise. Wind energy companies Suzlon Energy and Inox Wind Energy also […] Read more
Mergence, Solarise Africa Invest R160 Million In South Africa Updated On Tue, Aug 27th, 2024 by Saurenergy Solarise Africa, an Energy-as-a-Service company, has announced a strategic partnership with Mergence Investment Managers, securing an R160 million investment to expand Commercial & Industrial (C&I) renewable energy solutions across South Africa. The introduction of local debt and a mezzanine facility will enhance the company’s ability to increase its industry presence and impact renewable energy adoption. […] Read more
Adani Power Debuts In Middle East, Sets Up Subsidiary At Abu Dhabi Updated On Tue, Aug 27th, 2024 by Saurenergy Adani Power Limited has established a new wholly-owned subsidiary, Adani Power Middle East Ltd., in Abu Dhabi, United Arab Emirates, following its expansion into Singapore. The company informed the exchange that Adani Power Middle East Ltd. will focus on investments in power, infrastructure, and related industries. The subsidiary has an authorized share capital of $27,000, […] Read more
Premier Energies IPO Up For Subscription From Today Updated On Tue, Aug 27th, 2024 by Saurenergy Indian solar cell and solar module manufacturing company Premier Energies Limited today opened up its Initial Public Offer (IPO) for subscription for investors. The offerings will be open for the public from August 27 to August 29. With the IPO offerings, the Hyderabad-based company has planned fresh equity sales of Rs 1,291 crore. The allotment […] Read more
Canada Imposes Surcharges Against Imports Of Chinese EVs Updated On Tue, Aug 27th, 2024 by Saurenergy After the United States (US), and European Union (EU), the Canadian government has now implemented new measures to protect its workers and key economic sectors from unfair Chinese trade practices while supporting job creation in the electric vehicle (EV) supply chain. Canada’s steel and aluminum sectors have supported over 130,000 jobs nationwide. However, Canadian auto […] Read more
