Tracker Maker Nextracker Set To Close Major Stock Offering Updated On Thu, Feb 9th, 2023 by Saurenergy Leading tracker and software firm Nextracker has priced its stock offering at $24, the upper end of the price band indicated earlier. The pricing indicates strong demand among investors, besides the strong outlook for growth in it’s home market in North America and beyond. Expected to raise about $638 million by selling 26.6 million shares […] 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
Vestas Claims An Answer To Recycle All Wind Turbine Blades Updated On Thu, Feb 9th, 2023 by Saurenergy Wind turbines have become a crucial component in the fight against climate change, but what happens to the massive blades at the end of their lifespan? Landfills were the only answer, until now. Vestas Wind Systems is claiming a game-changing chemical process that it says could eliminate the need for landfill disposal and transform used […] Read more
Navigating India’s Energy Transformation Through JETP Approach Updated On Wed, Feb 8th, 2023 by Saurenergy Just Energy Transition Partnership (JETP) was first announced at the CoP26 and has since emerged as a key mechanism for multilateral financing by developed countries to support an energy transition in developing countries. JETPs provide a means for partner countries to work with climate finance donors and private sector investors on a clean, just energy […] Read more
Blueleaf Energy Onboards Anand Prakash as CIO & Amiram Roth-Deblon as COO Updated On Tue, Feb 7th, 2023 by Saurenergy Blueleaf Energy, a firm that develops, finances, owns and operates renewable energy and storage assets in the long-term in the Asia Pacific region has announced the onboarding of its CIO and COO. Renewable energy veterans Anand Prakash will take over the reins of the firm as CIO while Amiram Roth-Deblon will join the organisation as […] Read more
TotalEnergies Mulls Over 1 GW Of Solar Power Development in 2023 Updated On Tue, Feb 7th, 2023 by Saurenergy French RE major TotalEnergies will be developing 1 GW of solar power in 2023 as the company has announced that it has reached a new milestone with the signature of 1 GW of green Power Purchase Agreements (PPAs) for self-consumption on the sites of its B2B customers. TotalEnergies calls this performance the result of a […] Read more
CIF Grants $70 Million To Colombia For Renewable Energy Integration Updated On Tue, Feb 7th, 2023 by Saurenergy The Climate Investment Funds (CIF) has decided to provide a $70 million loan to the South American country of Colombia at a low interest rate to enable the country to transition to clean energy. With this, Colombia will become the first country to benefit from CIF. The fund was created for speedy growth of renewable energy […] Read more
GERC Provides Only Interim Relief On Replacement of Modules For Old Solar Project Updated On Mon, Feb 6th, 2023 by Saurenergy In a recent order in January, the Gujarat Electricity Regulatory Commission (GERC), when faced with a petition seeking permission to replace solar modules on a project ‘damaged’ by floods, chose to provide interim relief only, reserving the tight to take a final view on the issue. The matter at hand is a very interesting case, […] Read more
