Rural Renewables Focused OMC Power Raises Funding From Japan’s Chubu Electric Updated On Thu, Jun 2nd, 2022 by Saurenergy Indian rural renewable energy service firm, OMC Power has announced getting financial backing for their planned expansion of green energy production, storage, and distribution portfolio in rural India. Chubu Electric Power Co., Inc., which is the 3rd Largest Power Generation Firm in Japan, has made this investment through a Share Subscription Agreement with OMC Power. Chubu […] Read more
One In Every Two EVs Sold Will Have Electric Powertrain By 2030 Updated On Thu, Jun 2nd, 2022 by Saurenergy Electric vehicles are gaining share so fast in China that one in every two cars sold will have an electric powertrain by 2030. The EV sales in China are projected to cross six million units by the end of this year. India is aiming to have 30 per cent of its passenger vehicle sales as […] Read more
Developing Economies Such As India Can Have Climate Resilient Energy Independence Updated On Wed, May 4th, 2022 by Saurenergy Developing economies such as India have an enormous opportunity to build energy independence and grow in a climate resilient manner, in the process creating a thriving corporate sector that best leverages these increasingly prominent global financial capital market priorities, and funding capacities, a new report released on Tuesday said. As one of the fastest growing […] Read more
Greenko-Cockerill JV to build 2 GW green H2 electrolyser plant in India Updated On Tue, Apr 12th, 2022 by Saurenergy Greenko ZeroC (GZC), a subsidiary of Greenko Group, an Indian clean-tech company, and John Cockerill, a Belgium-based designer and manufacturer of high-capacity alkaline electrolyzers, have agreed to together manufacture green hydrogen electrolyzers in the Indian sub-continent. The two companies will build a hydrogen electrolyser Gigafactory targeting capacity of two gigawatts which is aimed at substituting […] Read more
Solar resource variability in key global markets increases scrutiny on solar asset performance: Study Updated On Mon, Apr 11th, 2022 by Saurenergy A ten-year analysis of solar irradiance released today by Solargis, a data and software architect for bankable solar investments, has illustrated the impacts of significant resource variability on several key global solar markets including India, Australia and North America. As margins tighten for solar asset owners and investors, investment in high-quality data is crucial to understanding […] Read more
Sungrow India Plant Output Hits 4 GW In Q1 of 2022 Updated On Fri, Apr 8th, 2022 by Saurenergy Sungrow, the leading global inverter solution supplier for renewables, has announced that its India factory hit a 4GW production record during the first quarter of 2022, a huge milestone of Sungrow’s contribution to the “Make in India” Initiative. India is one of the few markets outside of China where Sungrow has a production facility in […] Read more
RUMSL Tenders For 750 MW Wind-Solar Hybrid In Madhya Pradesh Updated On Fri, Apr 8th, 2022 by Saurenergy Rewa Ultra Mega Solar Limited, (RUMSL), the JV between SECI and the Madhya Pradesh Urja Vikas Nigam Limited (MPUVN) has come out with a fresh tender on behalf of Madhya Pradesh Power Management Company Limited. The new tender for hybrid wind+solar bids amounting to 750 MW is the largest such tender from the body since […] Read more
Bidding to Begin Soon for 2000 MW Offshore Wind Projects: RK Singh Updated On Fri, Apr 8th, 2022 by Saurenergy While addressing the Clean Energy Ministerial Meeting of senior officials in New Delhi, Minister for New and Renewable Energy, RK Singh informed that bids for 2,000 MW offshore wind energy projects in India will be invited soon and he requested global investors to participate and invest in the offshore wind projects. India has no offshore […] Read more
JSW Energy Begins Work at 225 MW Solar Power Project in Karnataka Updated On Fri, Apr 8th, 2022 by Saurenergy JSW Energy has announced that its subsidiary – JSW Renewable Energy Vijayanagar Ltd – has started operations of 225 MW solar power plants in Karnataka’s Vijayanagar. The official statement of JSW Energy said that the solar project is part of the 958 MW solar and wind projects that were announced earlier. Under the group captive […] Read more