MP Govt Approves 442.04 Acre Land For RE Equipment Manufacturing Updated On Thu, Dec 5th, 2024 by Saurenergy The Madhya Pradesh Cabinet has now approved the expansion of the area of Industrial Area Mohasa-Babai in Narmadapuram district to promote electrical and renewable energy equipment manufacturing. At a council of ministers meeting, the Madhya Pradesh (MP) Chief Minister Mohan Yadav approved the expansion plans. The Cabinet decided to add 442.04 acres of land in Industrial […] Read more
US Adds 9.3 GW Of New Solar Module Manufacturing Capacity In Q3: Report Updated On Thu, Dec 5th, 2024 by Saurenergy The latest report from the US Solar Market Insight said that the United States (US) added 9.3 gigawatts (GW) of new solar module manufacturing capacity in Q3 of 2024. According to the US Solar Market Insight, Q4 2024 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, five new or expanded factories […] Read more
SECI Seeks Proposal To Finance 300 MW Solar Project In Andhra Updated On Thu, Dec 5th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has now sought proposals from banks and financial institutions. The government entity plans to use this financing to fund its upcoming 300 MW solar project at Ramagiri in Andhra Pradesh. The Central Public Sector Enterprise (CPSE) has planned to procure a Rs 1000 crore term loan for this. […] Read more
Gujarat, Maharashtra Top In PM-KUSUM (Comp-C): Data Updated On Thu, Dec 5th, 2024 by Saurenergy The latest government data revealed that Gujarat and Maharashtra topped the list under Component C of the PM-KUSUM scheme. The scheme is aimed at solarising existing agricultural pumps and feeders. Minister of State (MoS) for New and Renewable Energy Shripad Yesso Naik recently submitted data on the scheme’s implementation in a written reply to the […] Read more
Green Stocks Dec 4: Adani Green Stock Price Plunges Again Updated On Wed, Dec 4th, 2024 by Saurenergy Wednesday presented a mixed day for the renewable energy companies in the stock market. Controversy hit Adani Green today and witnessed a further plunge in its stock price. The company’s stock today reported a 3.83% decline. The limelight today was on the Hyderabad-based solar cell and module manufacturing company Premier Energies with a rise of […] Read more
Bangladesh Can Save US$1.2bn Annually Through Power Reforms: IEEFA Updated On Wed, Dec 4th, 2024 by Saurenergy The Bangladesh Power Development Board (BPDB) can save Bangladesh Taka (Tk) 138 billion (US$1.2 billion) of annual loses, funded by government subsidies, through electricity sector reforms targeted at addressing core problems, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report highlights Bangladesh can achieve the savings by […] Read more
Maharashtra, Tamil Nadu Remain Leaders In EV Manufacturing: Data Updated On Wed, Dec 4th, 2024 by Saurenergy Maharashtra and Tamil Nadu remained the biggest beneficiaries of the Union government’s Production Linked Incentives (PLI) scheme for the automobile sector. The latest data from the Ministry of Heavy Industries indicated that these states became the hotspots for investments in electric vehicle (EV) manufacturing under the scheme. Union Minister for Heavy Industries and Steel HD […] Read more
Glow Raises USD 30 Mn From Union Square Ventures To Expand Biz Updated On Wed, Dec 4th, 2024 by Saurenergy Glow, an Ethereum-based solar company secured USD 30 million in funding from venture capital firms Framework and Union Square Ventures. This funding aims to expand Glow’s operations into new markets, further develop blockchain solutions for renewable energy. Glow uses blockchain to create a Decentralized Physical Infrastructure Network (DePIN), linking solar farms and creating an efficient […] Read more
Suzlon, Jindal Renewables Expand Ties With 302 MW Wind Project Updated On Wed, Dec 4th, 2024 by Saurenergy Suzlon and JSP Green Wind 1 Pvt. Ltd., a subsidiary of Jindal Renewables, have expanded their partnership with an additional 302.4 MW wind power project in the Koppal region of Karnataka. The partnership is aimed at accelerating green steel production. This second order brings the total capacity from Jindal Renewables to 702.4 MW, making it […] Read more
