Norway’s NorSun Eyes Expansion to 5 GW for US Solar Factory with US$8.5 Million Funding Updated On Fri, Aug 18th, 2023 by Saurenergy Oslo-based NorSun, which makes solar wafers, has pocketed NOK 90 million (USD 8.7m/EUR 7.9m) in equity financing. The freshly injected capital will aid its capacity expansion plans in Europe and other countries. This also entails the firm’s ambition to establish a 5 GW production facility in the US. The firm has also set sights on […] Read more
RUMSL Issues Tender for 114 MW Solar Projects in Madhya Pradesh Updated On Fri, Aug 18th, 2023 by Saurenergy Rewa Ultra Mega Solar Limited (RUMSL) has invited bids for setting up 114 MW ground-mounted solar power projects in Madhya Pradesh. The projects will be set up across three districts of the state. The initiative, in partnership with Madhya Pradesh Power Generation Company (MPPGCL), looks at the integration of solar power into three thermal power […] Read more
As Solar Exports See Striking Surge, Indian PV Manufacturers Face New Challenges Updated On Fri, Aug 18th, 2023 by Saurenergy China continues its global domination when it comes to the solar supply chain. The leader brought online a whopping capacity of 87.41 GW of new solar power in 2022. As per an IEA report, it contributed to nearly 90% of solar PV modules manufacturing capacity in 2022. The report further states that this Chinese supply […] Read more
NLC Joins Hands with Rajasthan for 300 MW Solar Supply Updated On Fri, Aug 18th, 2023 by Saurenergy Lignite mining firm NLC India (NLCIL) has joined hands with Rajasthan Urja Vikas Nigam (RUVNL) to provide 300 MW of solar power. This is under the CPSU Scheme at Rajasthan. The PPA has been signed for a period of 25 years. NLCIL said. “The company has secured 510 MW solar project capacity in the CPSU […] Read more
Tata Power Plans to Add 2.5 GW of Solar Power In FY24 Updated On Fri, Aug 18th, 2023 by Saurenergy Tata Power, an electricity generation company, has planned to add 2.5 Gigawatt (GW) of solar energy in FY24, the company’s top management said in its latest investors call. The company recently submitted the call details to the Bombay Stock Exchange (BSE) in its self-disclosure. The decision comes after an unexpected consumption increase of only 1.5% […] Read more
Navigating the Evolving Green Mobility Landscape Post FAME-II Subsidy Reduction Updated On Thu, Aug 17th, 2023 by Saurenergy The Indian electric vehicle (EV) industry has witnessed significant growth and transformation in recent years, propelled by government initiatives like the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme. However, the recent reduction in FAME-II subsidies has sparked discussions and raised questions about the impact on original equipment manufacturers (OEMs) and the overall green […] Read more
Greece’s Standalone BESS Tender Allocates Over 400 MW Updated On Thu, Aug 17th, 2023 by Saurenergy Greece’s first standalone BESS tender (Battery Energy Storage System) has witnessed great response from developers. The Greek Regulatory Authority for Energy (RAE) has revealed that 411.8 MW worth of projects have been allocated. This is the first round of a procurement led by the state with a goal to fund up to a 1 GW […] Read more
Gogoro & Swiggy Announce Electric Vehicle Partnership in India Updated On Thu, Aug 17th, 2023 by Saurenergy Gogoro Inc. a firm that delves into battery-swapping ecosystems that enable sustainable mobility solutions for cities, has today announced an EV partnership with Swiggy, an on-demand convenience delivery platform. “Accelerating the electric transformation of India’s hyperlocal fleets is a top priority for Gogoro and India’s national and city governments. Partnering with Swiggy, a leading player […] Read more
Parminder Chopra Becomes CMD at PFC, First Woman to Lead India’s Largest NBFC Updated On Thu, Aug 17th, 2023 by Saurenergy Parminder Chopra has been appointed as the CMD at Power Finance Corporation (PFC). She was earlier the Director (Finance) at PFC. She has becomes the first women to steer the country’s largest NBFC. Parminder brings to the table over three decades of experience in the sectors of finance and power. The firm said, “During her […] Read more
