GE Renewable Energy To Upgrade 39 Substations In Nepal Updated On Thu, Feb 9th, 2023 by Saurenergy GE Renewable Energy’s Grid Solutions Business is set to modernise 39 substations in Nepal, providing a boost to the country’s power transmission and distribution infrastructure. Supported by the Asian Development Bank (ADB), the project includes construction of six Master Control Centers (MCCs) that will be monitored by GE Digital Solutions. A Modern Power Infrastructure for […] Read more
Himachal’s Sirmaur District to Get 100 EV Charging Stations Updated On Thu, Feb 9th, 2023 by Saurenergy The electric vehicle industry is rising and its robust expansion in near future looks imminent for multiple reasons – policy support, capacity of industries and environmental consciousness of consumers. Hence, in order to up the adoption of EVs, the Himachal Pradesh administration will be deploying 100 electric vehicle charging stations in the Sirmaur district. As […] Read more
Chemical Czar LyondellBasell Signs PPAs for 560 MW Renewable Energy Updated On Thu, Feb 9th, 2023 by Saurenergy Global chemical conglomerate LyondellBasell has announced that it has signed the first two European renewable electricity power purchase agreements (PPAs) and two additional PPAs in the United States to help decarbonize its operations. The combined additional contracts represent a total of approximately 560 MW of renewable energy capacity. As per the official statement, LyondellBasell has […] Read more
Inverter Major Solis Gets Key Approvals For Its Latest Hybrid Inverters Updated On Thu, Feb 9th, 2023 by Saurenergy China based Inverter specialist Solis has just won the National First (Set of) Equipment Award for its S6-EH1P(7.6-11.4)K-H hybrid energy storage inverter, making this further proof of the S6 inverter’s quality in technology and innovation. First (set of) equipment refers to the first (set of) or first batch of equipment, system and core components with […] Read more
India Energy Week: Important Announcements, Intriguing Innovations Updated On Wed, Feb 8th, 2023 by Saurenergy On the platform of the ongoing Indian Energy Week, held at Karnataka, several key announcements have been made and intriguing innovations have been unveiled. Here is a recap of them- “Karnataka has highest number of EV; is highest RE manufacturer” Karnataka Chief Minister Bommai has said that Karnataka has 15,000 MW worth of in-stand renewable […] Read more
Solar Energy Prices Soar 60% In Europe As Wind Availability Dropped in Q4 Updated On Wed, Feb 8th, 2023 by Saurenergy A new report from LevelTen Energy has revealed that high development costs and an unstable regulatory environment has caused an 11,4% jump in European solar PPA prices in the fourth quarter of 2022. The report also mentions that solar PPA prices reached €76.84 per MWh, representing a 60% year-over-year increase. LevelTen Energy is a renewable […] Read more
EV Scooter Maker Simple Energy Raises $20 Mn in Bridge Round Updated On Wed, Feb 8th, 2023 by Saurenergy Electric vehicle and clean energy startup Simple Energy has raised over $20 million in the ongoing bridge round. The fresh fund has come after a gap of 15 months for the Bengaluru-based startup. The bridge round witnessed the participation of investors from Arokiaswamy Velumani, founder of Thyrocare, Ashwin Hinduja of Gokaldas Group, Sanjay & Sandeep […] Read more
Adani Green Energy Q3 Results- Operational Capacity Up 35%, EBITDA 44% Updated On Tue, Feb 7th, 2023 by Saurenergy Embattled Adani group firm, Adani Green Energy Limited has reported its results for the Q3, Fy23. The firm, with a target of 25 GW of renewable assets by 2025, has reported a strong financial Performance, with revenue from power supply increasing by 39% YoY to Rs 3,695 Cr. The firm continued to lead in generation […] Read more
Cooperation on Solar Energy to be on the Agenda of India-New Zealand Bilateral Ties Updated On Tue, Feb 7th, 2023 by Saurenergy Before India welcomes New Zealand Foreign Minister Nanaia Mahuta on her bilateral visit to the country, the minister has said that she is hopeful that the visit will propel forward New Zealand’s progress on being a part of the International Solar Alliance. It may be recalled that India’s External Affairs Minister Dr. S Jaishankar had […] Read more