Amazon’s Portfolio Can Power 7.2 million US Homes Each Year: Report Updated On Mon, Jan 22nd, 2024 by Saurenergy Amazon, a corporate company in the United States (US) invested in more than 100 new solar and wind energy projects in 2023, becoming the one of the corporate purchasers of renewable energy for the fourth year in a row. Amazon claims these investments include the company’s first brownfield project—which will repurpose a previously polluted Maryland […] Read more
Battery Cell Costs To Touch $32-54 per kWh By 2030: RMI Report Updated On Mon, Jan 22nd, 2024 by Saurenergy A latest report from RMI claimed that the cost of battery cells is likely to fall drastically in the days to come. The report from the global energy think tank said that the cost of battery cell costs is likely to fall to USD $32-$54 per kWh. It also said that the top-tier batteries would […] Read more
LONGi Makes Case For Net Zero Manufacturing At WEF Davos Updated On Mon, Jan 22nd, 2024 by Saurenergy As one of the newest recipients of the World Economic Forum (WEF) “Lighthouse Factory” recognition, Chinese solar giant LONGi made a strong case for net zero manufacturing powered by clean energy. For LONGi, which will celebrate it’s 25th year of founding in 2025, the journey to be the leading solar player has been truly impressive. […] Read more
India Has Around 32 GW of RE Projects Under Bidding Stage: RK Singh Updated On Mon, Jan 22nd, 2024 by Saurenergy Union Minister of New and Renewable Energy RK Singh said in a press conference that no country could excel without sufficient power. “The power shortage in India has come down from around 4.5% in 2014 to less than 1% today,” he said. He added, “Electricity is the most important infrastructure, which is a sine qua […] Read more
SECI Invites Bids For Setting Up 1500MW ISTS Solar Power Projects Updated On Fri, Jan 19th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI), a Central government enterprise, has invited proposals for setting up Inter-State Transmission System (ISTS)-connected solar projects in India for an aggregate capacity of 1500 MW on a Build- Own-Operate (BOO) basis. Further, SECI will enter into a Power Purchase Agreement (PPA) with the successful bidders selected based on […] Read more
Europe Adds 4.2 GW Offshore Wind in 2023; Up 40% From 2022 Updated On Fri, Jan 19th, 2024 by Saurenergy WindEurope – a premier association promoting wind energy in Europe – held that year 2023 witnessed a record 4.2 GW of new offshore wind farms come online in Europe. This was a 40 percent increase compared to the corresponding figures from 2022. The agency said that €30 billion of new investments were confirmed in 2023 covering […] Read more
Battery Usage In Transport, Power Can Abate 60% Energy Needs: Report Updated On Thu, Jan 18th, 2024 by Saurenergy A recent report by Rock Mountain Institute (RMI) found that increase usage of battery in transportation can reduce fossil fuel requirements up to half. The report found, “Demand is growing on an S-curve. Battery sales have been doubling every two to three years, and we are on track for a six to eight times increase […] Read more
Q3 Results-Sterling and Wilson Renewable Continues Recovery With Order wins Updated On Thu, Jan 18th, 2024 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWRE), one of the leading solar EPC and O&M solutions provider, announced its financial results for the quarter (Q3) ended 31st December 2023. Its consolidated loss in the third quarter (Q3) of FY24 stood at INR 63.7 crore compared to INR 101.2 crore year ago, and revenue rose 43 per […] Read more
Mukesh Kumar Appointed As Vice President (Finance & Investments) at Cleantech Solar Updated On Thu, Jan 18th, 2024 by Saurenergy Mukesh Kumar has been appointed as the Vice President of Finance and Investments at Cleantech Solar, a firm dealing with renewable energy solutions to corporations in India and Southeast Asia, the firm announced in its latest press statement. Mukesh has spent the last 14 years dedicated to the renewable energy segment and has experience of […] Read more
