Solar Emerges As Primary Choice For Domestic Funding Of NDC Targets: IRENA Updated On Tue, Dec 12th, 2023 by Saurenergy A latest International Renewable Energy Association (IRENA) report shared the status of the renewable energy target in the Nationally Determined Contribution (NDC) until October 2023 and talked about the role of solar in this. It found that 148 parties have set quantifiable renewable energy targets for tripling renewable energy power by 2030. In this, 113 […] Read more
First 11 Months Of 2023: India’s Solar Installations Down By 25% On YoY Updated On Tue, Dec 12th, 2023 by Saurenergy India’s Solar installations in 2023 have slowed down, data from the Central Electricity Authority (CEA) said. A close analysis of the CEA data revealed that solar power capacity additions dwindled between January and December this year while wind power revived. The government data said that India added a total of 9 GW of solar power […] Read more
Rajasthan Biggest Beneficiary Of Renewable Energy Lending: Report Updated On Mon, Dec 11th, 2023 by Saurenergy A latest report by Climate Trends and the Centre for Financial Accountability (CFA) on the financing of coal and renewable projects claimed that Rajasthan remained the largest beneficiary of renewable energy lending in the country. The study assessed 68 project finance loans across 11 coal and renewable energy projects in India that reached financial closure […] Read more
Solar Became Cheapest Fuel Source For Newly-Built Power Systems: EY Updated On Thu, Dec 7th, 2023 by Saurenergy The latest report by Ernst and Young (EY) claimed that solar energy emerged as the cheapest fuel source for newly built power systems globally, fueling a faster energy transition. The report said that despite the challenges like inflation and price rises, solar power seemed to be the leader. It claimed that with its lowest Levelized Cost […] Read more
These Fashion Behemoths are Investing in 500 MW Wind Project of Bangladesh Updated On Thu, Dec 7th, 2023 by Saurenergy Global fashion brands BESTSELLER and H&M Group are investing in Copenhagen Infrastructure Partners’ (CIP) first offshore wind project in Bangladesh. It is an offshore wind project for a capacity of 500 MW. Currently, it is in the phase of early-stage development by CIP in partnership with Summit Power, a firm that develops, owns and operates […] Read more
Bihar Launches Electric Vehicle Policy, Aims 15% Electrification By 2028 Updated On Wed, Dec 6th, 2023 by Saurenergy The Bihar Cabinet has now approved the latest Electric Vehicle Policy, aimed at boosting the growth of Electric Vehicles (EVs) in the state. This comes after several rounds of discussions of the provisions of the EV Policy. After getting the approval from the state cabinet, the dealers and consumers of electric vehicles in the state […] Read more
Goldi Solar Gets 190 MW Module Order From ENGIE India Updated On Wed, Dec 6th, 2023 by Saurenergy Indian solar module manufacturer Goldi Solar, bagged a Modules Supply Agreement (MSA) with ENGIE India, a subsidiary of the France-based ENGIE Group—a global player in low-carbon energy and services. The agreement entails the supply of 190 MW of modules for ENGIE India’s upcoming Sayla village project under a 25-year solar power purchase agreement with Gujarat […] Read more
Midsummer And The EU Sign Agreement On Grant For New Swedish Solar Cell Factory Updated On Wed, Dec 6th, 2023 by Saurenergy Swedish solar firm Midsummer has moved closer to a solar cell manufacturing facility in Sweden, with the closure of talks with the EU on the grant the firm is to get. The new mega-factory for the production of thin film solar cells in Sweden by Midsummer is now a step closer with the talks finalized […] Read more
PV Solar Panel Manufacturer Alpex Solar Limited files DRHP, To Be Listed With NSE Emerge Updated On Tue, Dec 5th, 2023 by Saurenergy Greater Noida- based Alpex Solar Limited, has announced the filing of its Draft Red Herring Prospectus (DRHP) with NSE Emerge. The offering comprises a fresh issuance of 64,80,000 equity shares with a face value of Rs. 10 for each share. Alpex Solar clocked a revenue of Rs. 183.93 crore in FY23, up from Rs. 156.06 […] Read more
