Spain Moves To Build Solar Supply Chain, Energy Storage Manufacturing Updated On Wed, Jul 31st, 2024 by Saurenergy Spain, one of the most well placed countries in Europe for Solar power, crossed the 25 GW mark for installed solar capacity in 2023. Now, the Spanish government is moving to ensure a significant part of future additions come from domestically produced panels, besides the next big growth area, energy storage as well. The energy […] Read more
Alpex Solar Appoints Aditya Sehgal As Its New CEO Updated On Tue, Jul 30th, 2024 by Saurenergy Alpex Solar Limited, an Indian solar systems manufacturer, has announced the appointment of Aditya Sehgal as the new Chief Executive Officer (CEO) with immediate effect. This change is part of the company’s broader strategy to advance growth, innovation, and sustainability within the solar PV panel manufacturing sector. In conjunction with this appointment, Satish Kumar Gupta […] Read more
India Reduces AT&C Losses From 22.62% To 15.40% In 10 Years: Minister Updated On Tue, Jul 30th, 2024 by Saurenergy India’s renewable energy installed capacity has recently surged to 4,46,190 MW in June 2024, up from 2,48,554 MW in March 2014, according to data shared by Minister of State for Power, Shripad Naik. In a written reply to the Parliament, the Minister noted: “India’s total installed capacity has increased from 2,48,554 MW in March 2014 […] Read more
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
