Repower Renewable to Build 495MW Floating Offshore Wind Plant in Italy Updated On Fri, Jan 14th, 2022 by Saurenergy Venice-based Repower Renewable S.p.A. plans to build a large-scale floating offshore wind farm in the Ionian Sea and connect it to Italy’s national grid. The wind farm is located southeast of the eastern coast of Calabria at a minimum distance of about 61.8 kilometres from Capo Rizzuto and 74.8 kilometres from Monasterace Marina. The project is […] Read more
India Hydrogen Alliance Seeks Support in Union Budget 2022-23 Updated On Wed, Jan 12th, 2022 by Saurenergy Industry body India Hydrogen Alliance (IH2A) has made various submissions to the government seeking budgetary support for the development of a hydrogen economy in India. IH2A has made submissions to the government for budgetary support for creation of 10 National BharatH2 Clusters, a $1 billion Hydrogen Economy Development Fund (HEDF) and a Public-Private Hydrogen Taskforce, […] Read more
World’s ‘Largest’ Mfg Plant For BIPV Modules Commissioned in China Updated On Tue, Jan 11th, 2022 by Saurenergy BIPV solar technology company Sunman Energy has brought online in China what it claims to be the world’s ‘largest’ production facility for lightweight solar PV modules for BIPV (Building integrated PV) applications with 1 GW capacity, TaiyangNews has reported. The production line has come online in YangZhong city of Jiangsu province in China and was recently […] Read more
Australian RE Agency Grants $40 M to Drive Ultra Low Cost Solar Updated On Tue, Jan 11th, 2022 by Saurenergy On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced up to $40 million in funding to support research and development (R&D) that aims to support the achievement of the Government’s ultra low cost solar stretch goal. The R&D funding round will build on ARENA’s previous R&D investment into solar […] Read more
These 5 Solar Projects In China Demonstrate It’s Leadership Like Little Else Updated On Mon, Jan 10th, 2022 by Saurenergy It is no secret that China has virtually built and led the global solar push in the past decade. Firms from the country today supply or control over 70% of global supplies in solar power. While these manufacturers continue to expand and are on track to churn out record profits this year, we take a […] Read more
Azure’s $250 Million Rights Offer Open, To Close On Jan 24 Updated On Mon, Jan 10th, 2022 by Saurenergy NYSE listed Azure Power Global Ltd (NYSE:AZRE) rights issue has opened on January 7, with a target to rise upto $ 249.9 million. Pursuant to the rights offering, each shareholder will get one non-transferable subscription right for every equity share held on the record date of January 6, 2022. Each right will entitle the holder […] Read more
Tata Power Tops Among India Power Utilities In S&P’s CSA Scores Updated On Fri, Jan 7th, 2022 by Saurenergy Tata Power, one of India’s largest integrated power companies, secured the highest score among its peers in the Indian Power sector in S&P Global’s recently released Corporate Sustainability Assessment (CSA) results. ESG parameters are becoming increasingly relevant as markets across the world start to consider these for critical issues such as financing. Tata Power has […] Read more
FM Assures Manufacturer Associations Of BCD As Promised, From April 1, 2022 Updated On Fri, Jan 7th, 2022 by Saurenergy Finance minister Nirmala Sitharaman has assured delegation of domestic solar manufacturers that the Basic Customs Duty (BCD) that was announced on modules and cells almost 9 months back, will be implemented as scheduled, from April 1, 2022. This is basis a release shared by NIMMA, or the North India Module Manufacturers Association, which was among […] Read more
COP26 Commitments Likely to Attract Billions in Investment: ICRA Updated On Thu, Jan 6th, 2022 by Saurenergy The commitments on emission control made by India at the recent Glasgow COP26 summit are expected to benefit the country in the long-term with new technologies in energy efficiency, carbon reduction and green fuels etc, opines ratings agency ICRA in its recent research report. This is likely to attract investment in billions across sectors, predicts […] Read more
