SECI Invites Bids for 400 MWp Domestically Manufactured Solar Modules Updated On Tue, Dec 5th, 2023 by Saurenergy SECI has issued a tender for the manufacturing, testing, packing and forwarding, supply and transportation of 400 MWp domestically manufactured solar PV modules with domestically manufactured solar cells. The last date for the bid submission is December 23, 2023. Bidding opens on the same day, that is, December 23, 2023. The total capacity of PV […] Read more
PV Solar Panel Manufacturer Alpex Solar Limited files DRHP, To Be Listed With NSE Emerge Updated On Tue, Dec 5th, 2023 by Saurenergy Greater Noida- based Alpex Solar Limited, has announced the filing of its Draft Red Herring Prospectus (DRHP) with NSE Emerge. The offering comprises a fresh issuance of 64,80,000 equity shares with a face value of Rs. 10 for each share. Alpex Solar clocked a revenue of Rs. 183.93 crore in FY23, up from Rs. 156.06 […] Read more
ReNew Signs MoU with Asian Development Bank for US$ 5.3 billion Funding Updated On Tue, Dec 5th, 2023 by Saurenergy ReNew Energy Global Plc (“ReNew”), on Sunday, signed a Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) to collaborate on climate change mitigation and adaptation projects. The MoU covers projects with investment value of more than US$ 5.3 billion between 2023 and 2028. The MoU was signed at COP28, Dubai by ReNew’s Founder, […] Read more
India Joins Battery Storage Consortium To Boost BESS Deployment Updated On Mon, Dec 4th, 2023 by Saurenergy India has now joined the Battery Energy Storage Systems (BESS) Consortium, at the ongoing Conference of Parties (COP28) Summit at Dubai. The consortium is an initiative of the Global Leadership Council (GLC) of the Global Energy Alliance for People and Planet (GEAPP). Through the BESS Consortium, India is among the first-mover countries as a part […] Read more
Possible To Abate 400 Mt CO2 Emissions Globally With Carbon Capture: IEA Updated On Mon, Dec 4th, 2023 by Saurenergy IEA (International Energy Agency) report on carbon capture and storage identifies challenges in deployment of clean energy technology and in reducing carbon emission. It also compares carbon capture technology, which based on technology for CO2 reduction, with solar PV (Photovoltaic) technology which aim at electricity generation. The report finds that, the depending on other variables […] Read more
Tripling RE Power With Efficiency Will Accelerate Fossil Phaseout: EMBER Updated On Mon, Dec 4th, 2023 by Saurenergy Energy think-tank EMBER in its recent report, analyzed the impact of increasing renewables and doubling efficiency on phasing out of fossil fuels. The findings reveal that renewables contribute significantly to efficiency, delivering about 85% of the targeted fossil fuel cuts by 2030. EMBER indicates that, by 2035, renewables and efficiency alone can slash total CO2 […] Read more
ZEVO Introduces Electric Refrigerated Vehicle in Partnership with IIT Updated On Mon, Dec 4th, 2023 by Saurenergy Tech-enabled electric vehicles mobility platform, ZEVO, has announced its partnership with Machphy Solutions towards the deployment of the brand’s innovation across ten cities in its inaugural year. The initiative will benefit several sectors such as pharmaceutical, seafood, dairy, and FMCG Industries in the temperature controlled last-mile delivery segment. Machphy Solutions is a tech firm from […] Read more
US Proposes Norms To Counter Chinese Domination In Battery Manufacturing Updated On Mon, Dec 4th, 2023 by Saurenergy The US Department of Treasury and the IRS (Internal Revenue Service) has now proposed guidelines on clean vehicles credits under the Inflation Reduction Act (IRA). It is expected to lower costs for consumers, spur growth in the US vehicle manufacturing, and strengthen energy security. The move is also likely to reduce the dependency of the […] Read more
Solar Capital Cost 11 Times Higher In Developing Countries: IEA Report Updated On Mon, Dec 4th, 2023 by Saurenergy A recent report by the International Energy Agency (IEA) finds that the cost of capital, required to make investment in solar energy in developing economies to be high. The report attributed this to the challenges such as, cost of capital in developing economies, less developed capital markets, fewer projects, and a lack of transparency around […] Read more
