Solar News

Hyundai Motor, Matrix Sign PPA To Power 174-MW EV Plant In US

Hyundai Motor Group recently signed a 174-Megawatt Power Purchase Agreement (PPA) with Spain’s Matrix Renewables. With their solar energy project, they can power their electric vehicle (EV) plant in the United States (US) with renewable energy. The South Korean car manufacturer Hyundai Motor signed a 15-year PPA with Matrix Renewables-led stillhouse solar project which is […]

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Bihar Set To Expand Its Network Of Floating Solar Plants

Bihar, one of the renewable deficit regions in India is now working on alternative plans to boost its renewable energy mix. The state has now pinned hopes on the potential of its water bodies to generate electricity. The eastern Indian state which already has worked to develop floating solar plants in Darbhanga and Supaul high […]

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5 Ways The World Will Change As Renewable Energy Gains Share

Sometimes, it’s good to see a little further into the future than just the next few months, or even a year. At SaurEnergy, with the privilege we have in terms of access to and feedback from so many experts, it is clear that change is afoot. While those impatient for much more will probably disagree, […]

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PM Surya Ghar: Elections Defer Timely Disbursement Of Rooftop Solar Subsidies

The ongoing elections in the state country seem to have deferred the timely disbursement of central subsidies under the PM Surya Ghar scheme. Prime Minister Narendra Modi earlier this year announced PM Surya Ghar Muft Bijli Yojana with a target to reach out to 1 crore households. The revamped scheme, dedicated to the residential rooftop […]

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Swelect, Grew & Renew Win SECI Bid For DCR Solar Modules

The Solar Energy Corporation of India (SECI) has released the results of its tender where it sought domestic solar panels with domestically manufactured solar cells from Indian solar module manufacturers. SECI declared Swelect Energy Systems, Grew Energy and Renew Photovoltaics Pvt Ltd as winners for the bid. The SECI tender had asked for bids for […]

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Sterling & Wilson Marks Complete Turnaround In Q3 Fy24 With Profits

Publicly listed renewable energy company Sterling & Wilson has released its financial results for the Fourth Quarter (Q4) and FY24. The annual and quarterly results were shared by the firm with the Bombay Stock Exchange (BSE) in its public disclosure. The company reported a net profit of Rs 1.40 crore in Q4 of FY24.   The […]

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Trina Storage & Pacific Green Sign Letter of Intent of 1500 MWh

Trina Storage and Pacific Green have signed a letter of intent relating to 1,500 MWh integrated energy storage solutions at the World Future Energy Summit held in Abu Dhabi in the United Arab Emirates from April 16 to 18 the global energy storage and technology companies. Under the agreement Trina Storage and Pacific Green will […]

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Statkraft To Provide Wind, Hydro Energy To German Railway Company

Statkraft will supply green electricity from hydropower directly to Deutsche Bahn from its two run-of-river power plants in Langwedel and Landesbergen in Lower Saxony, Germany from 2027 to the end of 2034. Over the 8-year contract term, the Norwegian energy company will supply a total of just over 350,000 MWh of green electricity as a […]

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Charging Firms, Energy Companies To Create UPI-Like Network for EV Charging

Twenty Energy companies have come together to create an Alliance for an open energy network called the Unified Energy Interface (UEI). This UPI-like system is aimed at facilitating seamless payment and transaction interoperability within EV charging networks. The Alliance includes member companies like ChargeZone, Pulse Energy, Kazam, Sheru, Trinity, Turbo, etc. Leading public policy think […]

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