ACWA Seals $2.4 Billion Wind Energy PPA With Uzbekistan Updated On Mon, Dec 26th, 2022 by Saurenergy Saudi Arabia-headquartered ACWA Power Company has inked a power purchase agreement (PPA) with the National Electric Grid of Uzbekistan (NEGU) for a value of $2.40 billion. As per the information shared by the ACWA Power in mandatory filing before the Saudi Arabia stock exchange, the deal was inked on 23 December, 2022. According to the […] Read more
Electric Vehicles – Setting a Course for 2030: Deloitte Report Updated On Mon, Dec 26th, 2022 by Saurenergy A study titled “Electric vehicles: Setting a course for 2030” has been released by Deloitte. For the first time in 2019, sales of battery electric and plug-in hybrid electric vehicles surpassed the two million mark. We adopt a novel method of market segmentation and provide examples of how to take advantage of opportunities and manage […] Read more
REC Trading Market Suffers a Hit, Again, As High Court Suspends Trading For 6 Weeks Updated On Mon, Dec 26th, 2022 by Saurenergy The market for trading in Renewable Energy Certificates (RECs) has suffered a fresh blow with the Delhi High Court suspending trading in certificates issued before October 31, 2022 for six weeks. The high court passed its interim orders in response to a petition from the Indian Wind Power Association Northern Region Council’s that challenged the […] Read more
Moxion Power’s Mission To Replace DG Sets With EV Batteries Backed By Amazon, Microsoft Updated On Sat, Dec 24th, 2022 by Saurenergy Governments and investors all across the globe are investing in clean energy technologies, projects, and startups. Replacing dirty and inefficient diesel generators has also interested two of the world’s biggest tech giants. Amazon and Microsoft are investing in a clean energy startup called Moxion Power that aims to replace diesel generators with zero-emission electric batteries. […] Read more
EV Manufacturer Saera Inks Contract Manufacturing Agreement with ETO Motors Updated On Fri, Dec 23rd, 2022 by Saurenergy Delhi-based electric vehicle manufacturer, Saera Electric Auto Private Limited (SEAPL) has set sights on augmenting its growth by signing a contract manufacturing agreement with ETO Motors, a leading provider of EMaaS (Electric Mobility as a Service) and CaaS (Charging/Energy as a Service) solutions. By reinventing corporate and public transportation with their mobility and energy solutions, […] Read more
World Bank Approves $311 Million for Renewable Energy in West Africa Updated On Fri, Dec 23rd, 2022 by Saurenergy The World Bank has cleared the Regional Emergency Solar Power Intervention Project (RESPITE) for the West African region with an approval of $311 million that will be financed through its agency – International Development Association (IDA). The new project is expected to benefit the existing and prospective power consumers in the participating countries of Chad, […] Read more
Solar Projects Developer LONGi Introduces Hi-MO 6 Modules to Malaysian Market Updated On Fri, Dec 23rd, 2022 by Saurenergy The Hi-MO 6 series, a new product line from leading global solar conglomerate LONGi, was recently unveiled at a customer appreciation event held at The St. Regis Kula Lumpur in Malaysia. This is the firm’s first line of modules created specifically for the scattered consumer market around the world. The Hi-MO 6 module series from […] Read more
GM’s Ultium Bet And Its EV Ambitions Updated On Thu, Dec 22nd, 2022 by Saurenergy General Motors (GM), which has been among the top 5 automakers worldwide for possibly the longest time, has every intention of maintaining its pre-eminence in the EV market too. To do that the Detroit-based car-maker has made it’s biggest bet on its own Ultium batteries, that it hopes will be good enough to dethrone even […] Read more
China’s Biggest Energy Storage Facility Goes Live Updated On Thu, Dec 22nd, 2022 by Saurenergy A stand-alone energy storage station that has a capacity of 200 MW/400 MWh has been connected to the grid in China’s Ningxia. Chinese conglomerate behind the project Hithium Energy Storage made the announcement. Xiamen Hithium Energy Storage Technology Co., Ltd., is a high-tech enterprise formally established in 2019, specializing in the R&D, production and sales […] Read more
