Bangladesh’s IDCOL Raises €80 Million From Germany’s Bank For RE Program Updated On Wed, Aug 10th, 2022 by Saurenergy Infrastructure Development Co. (IDCOL), a Bangladeshi state infrastructure investor, has received a loan of €80 million ($81.4 million) from Germany’s KfW Development Bank to assist enterprises in installing solar plants and solar irrigation pumps. The KfW will sponsor the “Renewable Energy Programme II” project. The interest rate and other terms and conditions are currently being […] Read more
Varun Mehta Is Torrent Power’s New Director On Board In Succession Plan Updated On Tue, Aug 9th, 2022 by Saurenergy Varun Mehta has been appointed to the Board of Torrent Power as Director. This move makes him the second third-generation member from the family to be elevated in a week’s time. This announcement comes close on the heels of the elevation of Aman Mehta, the son of Chairman, Torrent Group, Samir Mehta, to the board […] Read more
$26M Investment In RE Grid Demonstration Projects By Biden Administration Updated On Mon, Aug 8th, 2022 by Saurenergy US President Joe Biden has announced a US $26M investment to demonstrate that the US electricity grid can be run fully on renewables and energy storage. The program will investigate how renewable energy can sustain grid dependability and allow it to stay connected during disturbances or reboot it in the event of a shutdown through […] Read more
Adani Solar Strengthens Retail Footprint In Maharashtra Updated On Mon, Aug 8th, 2022 by Saurenergy Adani Group’s solar PV manufacturing and EPC arm, Adani Solar, has announced the expansion of its retail distribution business for Maharashtra with Roofsol Energy Pvt. Ltd. According to Adani Solar, Roofsol Energy will be the official channel partner for the Maharashtra region. Additionally, Adani Solar shared that it has now extended its reach to more […] Read more
Why The Solar Industry Needs To Push For A Circular Economy Updated On Fri, Aug 5th, 2022 by Saurenergy By Bharat Bhut, Co-Founder And Director, Goldi Solar The latest IPCC report shows greenhouse gas emissions continue to rise, and current plans to address climate change are not ambitious enough to limit warming to 1.5°C above pre-industrial levels—a threshold scientists believe is necessary to avoid even more catastrophic impacts. This can be largely attributed to […] Read more
Green Jobs Are Finally A Mainstream Reality In India, Thanks To Solar Updated On Fri, Aug 5th, 2022 by Saurenergy The news of India’s ambitious solar and renewable energy targets has thrown up the possibility of as many as one million jobs in another three years’ time. These jobs matter, not only to an economy always seeking opportunities for its citizens, but also to ease the faster acceptance and spread of renewable energy, especially solar. […] Read more
Volvo Group Expedites Work To Set Up Battery Production Plant In Sweden Updated On Fri, Aug 5th, 2022 by Saurenergy The Volvo Group has announced that it has initiated the process to establish a large-scale production plant for battery cells in Sweden. This is aimed at meeting the growing demand for battery electric heavy-duty vehicles and machines. Martin Lundstedt, President and CEO of the Volvo Group, commented on the development, “We aim to lead the […] Read more
Spain Announces 4th Round Of RE Auction For 1.8GW Of Solar Capacity Updated On Thu, Aug 4th, 2022 by Saurenergy Spain has scheduled its fourth renewable energy auction round for November 22. The sale will feature 1.8GW of solar capacity to hasten the country’s power system’s decarbonization. Nearly 3GW of solar capacity was won in the first two previous auctions for solar and wind energy, held in 2021. The Ministry of Ecological Transition (MITECO) has […] Read more
Setting Up a Battery Manufacturing Plant: The Factors That Matter Updated On Thu, Aug 4th, 2022 by Saurenergy Battery manufacturing is one of the fastest-growing industries worldwide. A decade ago, consumers used batteries for their laptops, phones and other gadgets. Today, these energy storage devices are powering cars, medical equipment and even houses. New plants for battery production are popping up as a result. But in this realm of a gradual shift towards […] Read more
