ITOCHU Expands Renewable Energy Footprint with $2 Bn Overland Capital Partners Fund Updated On Wed, Jul 26th, 2023 by Saurenergy ITOCHU Corporation, headquartered in Minato-ku, Tokyo, has unveiled its latest venture in the renewable energy sector with the establishment of Overland Capital Partners, L.P., a fund focused on investing in renewable energy generation assets across North America, specifically in the United States and Canada. The fund is set to allocate up to approximately US$2 billion […] Read more
RDSS: UP, Andhra Biggest Beneficiaries of Discom Infra Revival Funds Updated On Wed, Jul 26th, 2023 by Saurenergy The latest data from the Ministry of Power claimed that Uttar Pradesh and Andhra Pradesh emerged as the biggest beneficiary of the Revamped Distribution Sector Scheme (RDSS). This scheme is meant to revive the discoms’ health by taking corrective measures with financial aid from the Union government. The data suggested that out of all the […] Read more
EIB Approves €575 Million Loan for Repsol’s 1.1 GW Wind & Solar Projects in Spain Updated On Wed, Jul 26th, 2023 by Saurenergy The European Investment Bank (EIB) approved a €575 million loan support to Spanish energy firm Repsol. The firm will utilise the fund for the rollout of wind and solar photovoltaic plants in Spain with a total capacity of 1.1 GW. Renewable energy facilities are expected to go live before the end of 2025. Over 35 […] Read more
9 European Countries Collaborate on European Solar Telescope Updated On Wed, Jul 26th, 2023 by Saurenergy As many as nine European countries, including the UK, are working together to construct the European Solar Telescope (EST). The EST will be the biggest of its kind solar telescope ever constructed in Europe. It is intended to provide insights into the phenomena of space weather. Several UK universities are leading a consortium to develop […] Read more
Row Over Misuse of FAME-II Subsidies Reaches Parliament Updated On Wed, Jul 26th, 2023 by Saurenergy The ongoing controversy over the misuse of the Union government’s FAME-II scheme recently reached the corridors of the Indian Parliament. The development comes after the Union government was recently forced to take action against the errant Electric Vehicle (EV) manufacturers who allegedly flouted the scheme norms to claim subsidy. In the latest Monsoon Session of […] Read more
BENY Emerges From the Shadows To Power 7 GW Solar Project with 1500V DC T& D Solution Updated On Wed, Jul 26th, 2023 by Saurenergy China-based BENY, which has been making big strides in the energy transition space with its power electronics has added a major feather in its cap with the stable performance of the world’s largest 7 GW solar PV power station in Qinghai Province’s upper reaches of the Yellow River. A prestigious project where China National Energy Investment […] Read more
Meyer Burger Expands ‘Made in USA’ Solar Cells with 2 GW Colorado Springs Facility Updated On Tue, Jul 25th, 2023 by Saurenergy Switzerland-based heterojunction solar panel maker Meyer Burger Technology AG recently unveiled plans to set up a high-performance solar cell manufacturing facility in Colorado Springs, Colorado. The establishment will have an initial production capacity of 2 gigawatts (GW) of solar cells per year. Meyer Burger intends to use solar cells manufactured in the new plant exclusively […] Read more
India Requires 13L Charging Stations By 2030: CII Report Updated On Tue, Jul 25th, 2023 by Saurenergy A new report by the Confederation of Indian Industry (CII) on ‘Charging Infrastructure for Electric Vehicles’ claims that India would require around 13 lakh charging stations to cater to the growing electric mobility needs by 2030. It makes a case for the country to install around 4 lakh chargers for EV annually. The industry association […] Read more
Trina Solar Gets Zero Carbon Factory Certificate in PV Industry Updated On Tue, Jul 25th, 2023 by Saurenergy Trina Solar has announced the certification of its Yiwu manufacturing facility as a Zero Carbon Factory. This is the first factory in the PV industry to be awarded zero carbon status by an independent agency, claims the firm. Trina Solar’s Yiwu factory was assessed by TiGroup, a certification body specialising in health, safety, environmental and […] Read more
