Carbon Credit Market to Soar: From $267.8 Billion to $1.2 Trillion by 2029 Updated On Tue, Jul 30th, 2024 by Saurenergy Despite the scandal involving Shell and 5.7 million tons of fraudulent carbon credits earlier this year, efforts from the carbon credit industry continue to show results, with the latest BCC research study showing an expected growth from $267.8 billion in 2023 to $1.2 trillion by 2029 at a compound annual growth rate (CAGR) of 28.4%. […] Read more
Offshore Wind Power Emerges Out of Shadows Updated On Tue, Jul 30th, 2024 by Saurenergy The world of renewable energy is diverse, including solar, hydroelectric, geothermal, and biomass. Among these, wind power is among the most efficient and scalable clean energy sources. Offshore wind energy farms promise higher energy yields and are far from residential areas, reducing noise and visual impact. As technology advances and costs drop, offshore wind power […] Read more
News In Brief July 30: Vestas Offshore Wind Farm, IFC Lent $1Bn, Siemens’ Hydrogen Project Updated On Tue, Jul 30th, 2024 by Saurenergy Vestas Secures 795 MW Offshore Wind Farm Vestas has received a wind turbine order for the OranjeWind offshore wind farm, formerly known as Hollandse Kust West VII, in the Netherlands. Vestas is responsible for the supply of 53 V236-15.0 MW wind turbines and for the supply, delivery, and commissioning of the turbines. Upon completion, Vestas […] Read more
Oman Attracts 10 GW Module/Cell Facility From Q-Sun Updated On Tue, Jul 30th, 2024 by Saurenergy Countries in West Asia continue to focus on solar capacity as well as manufacturing with some success. The latest to join the manufacturing bandwagon in the sun drenched region is Oman, where Chinese solar manufacturer Q-Sun Solar has signed a deal to develop a 10GW n-type solar module and cell manufacturing facility. According to Q-Sun, […] Read more
Gov Extends E-Mobility Scheme With A Budget Of Rs 778cr Updated On Mon, Jul 29th, 2024 by Saurenergy In 2019, the Indian government approved the ‘Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II)’ to promote electric mobility. Recently, the government extended the duration of the Electric Mobility Promotion Scheme (EMPS) 2024 by two months, now running until September 30, 2024. Additionally, the scheme’s outlay has been […] Read more
Gensol Receives EPC Award For Gujarat’s Khavda RE Power Park Updated On Mon, Jul 29th, 2024 by Saurenergy Gensol Engineering a solar Engineering, Procurement, and Construction (EPC) services and electric mobility company today announced receiving Notification of Award for the Engineering, Design, Procurement, Erection, Testing & Commissioning for Solar plant at Khavda Renewable Power Park, Rann of Kutch, Gujarat. This Rs 463 crores project will be fixed tilt module mounting structure along with […] Read more
Lubi EV Solutions Makes Steady Progress With First Set of Installations Updated On Mon, Jul 29th, 2024 by Saurenergy Lubi Pumps, (flagship brand of Lubi Industries LLP) has notched up some notable wins for its new vertical in EV charging solutions. LUBI EV Solutions is the company’s vehicle for entry into electric vehicle chargers, the critical, and fast growing accompaniment to India’s EV transition. Aligning with the Indian Government’s make in India initiative, Lubi […] Read more
O2 Power, Juniper Green, JSW and Datta Infra Win NTPC 1000 MW Hybrid Tender Award Updated On Mon, Jul 29th, 2024 by Saurenergy NTPC’s 1000 MW Hybrid power tender (NTPC Tranche VI) finally has a winners roster. Leading in terms of allotment is JSW Neo Energy ( 300 MW), O2 Power’s TEQ Green Power IX Pvt Limited ( 250 MW), Juniper Green Energy Private Limited (150 MW), and Datta Infra’s Adyant Enersol Private Limited with a 70 MW […] Read more
Heliene And Premier Energies Partner To Build US PV Cell Facility Updated On Mon, Jul 29th, 2024 by Saurenergy Canadian solar module manufacturing firm Heliene recently collaborated with Premier Energies to create a solar cell manufacturing facility in the US. Under the terms of a recently executed agreement, the new facility can produce an annual aggregate capacity of 1 GW NType cells to supply Heliene’s US cell requirement as well as Premier’s. With this […] Read more
