BOEM Announces Offshore Wind Energy Zones Near Delaware, Maryland, & Virginia Updated On Tue, Aug 1st, 2023 by Saurenergy As part of the Biden-Harris administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy capacity by 2030, The Bureau of Ocean Energy Management (BOEM) recently unveiled three final Wind Energy Areas (WEAs) off the coasts of Delaware, Maryland, and Virginia. The development of these areas involved extensive consultation and feedback from states, Tribes, […] Read more
Global e-Bus Market Soars As Nations Embrace Emission-Free Transportation Updated On Tue, Aug 1st, 2023 by Saurenergy A recent report on the global electric market claimed that the Greenhouse Gas (GHG) emission reduction targets pushed the international bus makers to opt for electric alternatives. The report was published by Reportlinker, a technology research and development company having expertise in artificial intelligence and machine learning. The report highlights the significant reduction in GHC […] Read more
MERC Orders Compliance of Green Energy Open Access Rules Updated On Tue, Aug 1st, 2023 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC), in its latest order, has directed government officials and concerned authorities to roll out the provisions of the Union government’s Green Energy Open Access Rules 2022. It comes under the absence of a state rule in this regard in the state. The order of the Commission came to force when […] Read more
SaurEnergy Explains IRA: The Act That Kickstarted a Solar Manufacturing Rush in the US Updated On Tue, Aug 1st, 2023 by Saurenergy On August 7, 2022, the US Senate approved a Bill titled the Inflation Reduction Act (IRA) 2022 after a series of discussions and debates between the Democrats and Republicans. The most interesting aspect of the bill was its focus on clean energy incentives. The bill was also hailed as a crucial piece of climate legislation […] Read more
China Brings Together Solar, Salt & Shrimp to Introduce One-of-a-Kind Power Station Updated On Mon, Jul 31st, 2023 by Saurenergy China has introduced the world’s Largest Salt-Light Solar Power Station, which brings together solar energy with salt production and shrimp farming. The solar plant in Tianjin, China, is constructed on a gigantic salt farm. The project employs double-sided solar panels (bifacial solar panels) to absorb sunlight above as well as the sunlight reflected by the […] Read more
Ready, Set, Go: India’s Solar Manufacturing Ambitions Are Flying Updated On Mon, Jul 31st, 2023 by Saurenergy For India’s solar sector and its many entrepreneurs, all signals are finally green. Or so it would seem. Be it progress on manufacturing plans, including the all important backward integration, exports, and of course, a strong domestic market for their output. Everything has come together for the many firms and entrepreneurs who will hope for […] Read more
BPCL & Ather Join Hands to Expand EV Network Updated On Mon, Jul 31st, 2023 by Saurenergy Bharat Petroleum Corporation Limited (BPCL) and two-wheeler electric manufacturer Ather Energy have joined forces to expand the EV network in India. The partnership paves the way for Ather Energy to get access to BPCL’s network of more than 21,000 fuel stations in India, making it possible for Ather to install fast-charging Grid. India’s largest EV […] Read more
Adani’s New Energy Arm In Trade Finance Facility For $394m Updated On Fri, Jul 28th, 2023 by Saurenergy Adani New Industries Limited (ANIL) ecosystem has announced the raise of a trade finance facility of USD 394mn (INR 3,231 Cr) from Barclays PLC and Deutsche Bank AG for securing working capital requirements of its integrated solar module manufacturing facility. ANIL, a wholly owned subsidiary of Adani Enterprises Ltd, is building an ecosystem of one […] Read more
IEX Reports 8% Rise In Net Profit In Q1 On YoY Updated On Fri, Jul 28th, 2023 by Saurenergy The Indian Energy Exchange (IEX) has announced its financial results for Q1 of FY 24. The overall picture of the report revealed that while the leading Indian energy exchange firm witnessed a rise in its income and net profit on a year-on-year basis, its income and net profit plunged on Quarter-on-Quarter (QoQ) basis. The unaudited […] Read more