Italy’s PLT Energia And GGS Energy to Develop 1 GW RE Projects in Texas Updated On Wed, Feb 21st, 2024 by Saurenergy Italy-based renewable and energy storage company PLT Energia has announced that its subsidiary PLT Energy US Corp has entered into a joint venture with GGS Energy to develop more than 1 GW of renewable energy in Texas, United States. According to a press statement, the joint venture’s first project will be the development and construction […] Read more
Bengaluru-Based EV Startup Pravaig Dynamics To Export Batteries To Greece Updated On Wed, Feb 21st, 2024 by Saurenergy Bengaluru-based electric vehicle startup Pravaig Dynamics has announced that it won a deal to export its energy storage systems for solar farms in Greece, according to a report by the news agency PTI. This has been a breakthrough for an Indian company in the highly competitive renewable energy market in Europe. Pravaig, which manufactures high-precision […] Read more
ReNew Announces Q3 Results With Net Loss Of Rs 3,216 Million Updated On Wed, Feb 21st, 2024 by Saurenergy Gurugram based ReNew Energy Global Plc, a leading decarbonization solutions company, has announced its unaudited consolidated IFRS results for the third quarter of FY-2024 and nine months ended December 31, 2023. ReNew has released the operating highlights. The firm says that as of December 31, 2023, the portfolio of ReNew consisted of 13.8 GW, of […] Read more
CIP’s Haewoori Offshore Wind Awards 1 GW Contract To Principle Power And Aker Solutions Updated On Tue, Feb 20th, 2024 by Saurenergy Norway-based renewable energy company Aker Solutions has been awarded a front-end engineering and design contract for Haewoori Offshore Wind 2 (500MW) and 3 (500MW), Copenhagen Infrastructure Partner’s floating offshore wind projects off the coast of Ulsan, Korea. According to the press release, Aker Solutions will coordinate the design and delivery of the floating foundation structures […] Read more
Singapore-based Sembcorp Industries Acquires 228 MW Wind Assets In India Updated On Mon, Feb 19th, 2024 by Saurenergy Singapore-based renewable energy company Sembcorp Industries (Sembcorp) has announced that it has, through its wholly-owned subsidiary Green Infra Wind Energy Limited completed the acquisition of 100% of the share capital in two special purpose vehicles (SPVs) of Leap Green Energy Private Limited. The SPVs own 228MW of operational wind assets in Madhya Pradesh, Maharashtra, and […] Read more
PM Set To Inaugurate RE Projects At UP Global Investors Summit Updated On Mon, Feb 19th, 2024 by Saurenergy Prime Minister Narendra Modi announced his plans to launch 14 thousand projects across the state worth more than 10 Lakh crore rupees on his visit to Uttar Pradesh (UP). UP has earlier this year released a tender inviting bids for procurement of solar power on a long-term basis through a tariff-based competitive bidding process (TBCB). […] Read more
World Bank Allocates $300 Mn For RE Projects in Eastern & Southern Africa Updated On Fri, Feb 16th, 2024 by Saurenergy The World Bank has extended a facility of close to $300 million to the Eastern and Southern African Trade and Development Bank (TDB), to support distributed renewable energy (DRE) and clean cooking private sector projects in eligible countries of the World Bank’s International Development Association (IDA) that are TDB member states. This new facility follows […] Read more
Feb 9 ALMM Order Withdrawn By MNRE, Industry Awaits Clarity Updated On Thu, Feb 15th, 2024 by Saurenergy Policy flip flops, for so long a bugbear for the renewable sector, reared its head again as the Feb 9 ALMM order for Approved List of Models and Manufacturers (ALMM) was withdrawn in an evening announcement by the ministry today, i.e., Feb 14. Coming less than a week after the announcement that exempted open access […] Read more
US Households With Heat Pumps Witness 62% Drop Energy Bills: NREL Updated On Tue, Feb 13th, 2024 by Saurenergy NREL is a national laboratory of the US Department of Energy (DOE) for renewable energy and energy efficiency research development, operated for DOE and funded by the Department of energy’s Building Technologies Office. In its latest research, NREL shared research on the benefit of heat pumps for households. The research was co-authored by Prateek Munankarmi, […] Read more
