First Solar Bags 279 MW Thin Film Solar Panel Project in Alabama Updated On Wed, Jul 26th, 2023 by Saurenergy Electricity utility corporation, the Tennessee Valley Authority (TVA), has deputed a project to thin film module maker First Solar for 279 MW (dc) of thin film solar panels. The Lawrence County Solar Project will be set up in Alabama and will kickstart operations in 2027. This will be First Solar’s fourth factory in the United […] Read more
EIB Approves €575 Million Loan for Repsol’s 1.1 GW Wind & Solar Projects in Spain Updated On Wed, Jul 26th, 2023 by Saurenergy The European Investment Bank (EIB) approved a €575 million loan support to Spanish energy firm Repsol. The firm will utilise the fund for the rollout of wind and solar photovoltaic plants in Spain with a total capacity of 1.1 GW. Renewable energy facilities are expected to go live before the end of 2025. Over 35 […] Read more
India Requires 13L Charging Stations By 2030: CII Report Updated On Tue, Jul 25th, 2023 by Saurenergy A new report by the Confederation of Indian Industry (CII) on ‘Charging Infrastructure for Electric Vehicles’ claims that India would require around 13 lakh charging stations to cater to the growing electric mobility needs by 2030. It makes a case for the country to install around 4 lakh chargers for EV annually. The industry association […] Read more
Hero Future Energies Signs MoUs for INR 6200 Cr to Develop Future RE Projects Updated On Tue, Jul 25th, 2023 by Saurenergy Hero Future Energies has signed two Memorandums of Understanding (MoUs) with REC Limited and PFC Limited for infusion of INR 31100 crores each in HFE over the next five years. The MoUs, were signed on the sidelines of 4th G20 Energy Transition Working Group (ETWG) meetings at Goa. A sum of Rs 6200 crores, gained […] Read more
Suzlon’s Net Profit Slides Over 63%, 58% in QoQ & YoY Comparisons Respectively Updated On Tue, Jul 25th, 2023 by Saurenergy Renewable energy solutions provider Suzlon Energy Limited has declared its financial results for the period ended June 30, 2023. Financial Results (Q1 FY2024) – Quarter on Quarter Comparison The total income of the firm stands at INR 1361.68 crores in the period ended June 30, 2023. The total income when compared to that in Q4 […] Read more
Amending Bidding Rules To Expedite RE Capacity Additions: RK Singh Updated On Tue, Jul 25th, 2023 by Saurenergy Union Minister for New and Renewable Energy RK Singh said that the MNRE ministry amended the rules relating to bidding for renewable projects. He also said that some other provisions of the bidding documents are being overhauled to give an impetus to adding more renewables to India’s energy mix. His statement came to the fore […] Read more
US Coalition of Green Orgs Call For Solartop On Canals Updated On Mon, Jul 24th, 2023 by Saurenergy A recent vision document was released by the coalition of environmental justice and conservation organizations in the USA. The document suggested placing solar panels over canals to generate power and to reduce evaporation. This, it claims would deliver reduce the loss in evaporation from drought caused by climate change. In addition to this, they launched […] Read more
Israeli Researchers Introduce AI-Designed Solar Panel Promising More Efficiency Updated On Mon, Jul 24th, 2023 by Saurenergy Researchers at the Bar-Ilan University near Tel Aviv have produced a solar panel consisting of 676 different materials that convert the sun’s energy into electricity. It is part of the new class of solar panels developed from AI-based materials science, which means that artificial intelligence (AI) designs the materials in the panels. The AI design […] Read more
As MoUs Worth Lakhs OF Crores Are Announced By PFC, REC, Hopes Rise Updated On Mon, Jul 24th, 2023 by Saurenergy The Central government’s power project financing arms, PFC and its subsidiary REC, have made a slew of green funding announcements recently. In total, the NBFCs Power Finance Corporation Ltd (PFC) and REC Ltd have signed agreements worth ₹5 lakh to fund projects of major green energy firms. While the PFC signed pacts worth ₹2.37 lakh […] Read more
