MNRE To Verify DCR Claims Of Solar Modules, Launches Website Updated On Fri, Jun 21st, 2024 by Saurenergy In the wake of alleged fraudulent claims of Domestic Content Requirement (DCR) by a few solar module manufacturers, the Ministry of New and Renewable Energy (MNRE) has come up with a dedicated website to track and verify the DCR claims of Indian solar module manufacturers. DCR compliance is mandated in several government projects like the […] Read more
Hindustan Zinc, AEsir Technologies Join Hands To Develop Zinc Batteries Updated On Fri, Jun 21st, 2024 by Saurenergy As part of its efforts to bolster the ongoing global energy transition, Hindustan Zinc Limited (HZL), an Indian-based zinc producer, has signed an MoU (memorandum of understanding) with AEsir Technologies. AEsir Technologies Inc. is a US-based company specializing in zinc battery technologies. Under this MoU, Hindustan Zinc becomes the preferred supplier of Zinc, a key […] Read more
20% Of Global Power On Summer Solstice Came From Solar: Report Updated On Fri, Jun 21st, 2024 by Saurenergy Energy think-tank Ember estimates that today, across the midday peaks on the summer solstice – 20% of the world’s electricity will come from solar, up from 16% last year. “At 20% share, solar is now a serious global electricity source,” said Kostantsa Rangelova, electricity analyst at Ember. “ Battery costs have collapsed, meaning solar power […] Read more
NTPC-VVN Invites Bids For 250 MW/500MWh Standalone BESS Project Updated On Fri, Jun 21st, 2024 by Saurenergy NTPC Vidyut Vyapar Nigam Limited (NTPC-VVN), a Central Public Center Enterprise released a tender inviting bids for setting up 250 MW/500MWh Standalone Battery Energy Storage Systems (BESS) in India. NTPC VVN invited bids for the selection of battery energy storage system (BESS) developers for setting up 500 MWh (250 MW x 2 hrs) standalone Battery […] Read more
Clean Energy Investment Double The Fossil Fuel Amount This Year: IEA Updated On Fri, Jun 21st, 2024 by Saurenergy Global spending on clean energy technologies and infrastructure is on track to hit $2 trillion in 2024 even as higher financing costs hinder new projects, notably in emerging and developing economies, according to a report by the International Energy Agency (IEA). Despite pressures on financing, global investment in clean energy is set to reach almost […] Read more
EKA Mobility Announces Second Tranche Investment From Mitsui & Co., Ltd. Updated On Fri, Jun 21st, 2024 by Saurenergy EKA (Pinnacle Mobility Solutions) has confirmed that Mitsui & Co., Ltd., the Japanese trading and investment company has executed a second tranche investment as a part of the initially announced phased investment, further solidifying their commitment to the rapidly growing electric vehicle (EV) company. This strategic infusion of capital will be directed towards capital expenditures […] Read more
News Briefs June 21- Nextracker, Sembcorp, German Solar Target Updated On Fri, Jun 21st, 2024 by Saurenergy Nextracker Acquires Ojjio US solar tracker firm Nextracker has acquired Ojjo Inc., a leading foundations business in the solar power sector. This strategic move will allow Nextracker to providing comprehensive system solutions. According to Dan Shugar, Nextracker CEO, Optimization of the foundations and solar trackers enables customers to meet or exceed project-level LCOE targets while […] Read more
Amara Raja Invests €20mn to Increase Stake In Battery Tech Firm InoBat Updated On Fri, Jun 21st, 2024 by Saurenergy Battery manufacturer Amara Raja Energy & Mobility (ARE&M) has further invested EUR 20mn, which includes a subscription for an additional 4.5% equity stake in InoBat AS, Norway. With the above, Amara Raja Energy & Mobility Limited’s total holding will be around 9.32% of its equity stake in InoBat AS, including its previous investment of EUR […] Read more
Waaree Energies Secures 280 MW Order From Mahindra Susten Updated On Thu, Jun 20th, 2024 by Saurenergy Waaree Energies Limited, an Indian solar PV module manufacturer with an aggregate installed capacity of 12 GW, as of June 30, 2023 (Source: CRISIL Report), signed an agreement with Mahindra Susten. This agreement with renewable independent power producer (IPP), was undertaken to supply 280 MW (DC) of advanced solar modules in Bikaner, Rajasthan. The contract […] Read more
