Standard Solar Acquires 84-Megawatt Community Solar Portfolio in Illinois Updated On Tue, Feb 13th, 2024 by Saurenergy US-based commercial and community solar developer Standard Solar announced the acquisition of an 84-megawatt community solar portfolio in Illinois. The portfolio consists of three sets of community solar gardens in Illinois including six sites with a capacity of approximately 47 MW, four sites totaling 12 MW, and four sites representing 25 MW. According to the […] Read more
Tata Motors Cuts EV Prices Amid Softening Of Battery Rates Updated On Tue, Feb 13th, 2024 by Saurenergy Tata Passenger Electric Mobility Ltd (TPEM), a subsidiary of Tata Motors today announced that the company is slashing the prices of two of its EVs – Nexon.ev and Tiago.ev. The company said that it is reducing the prices with the objective of making EVs more accessible to Indian customers. Further, Tata Motors has reduced the […] Read more
COVER STORY: Increased Govt Thrust Set To Give Rooftop Solar Financing A Fillip Updated On Tue, Feb 13th, 2024 by Saurenergy Days after the announcement of PM Suryodaya Yojana on January 22, its impact was felt in different parts of the country. Several states, ministries, energy regulators and companies seem to be in a race to enable faster adoption of rooftop solar. Union Minister for New and Renewable Energy already announced increasing subsidies for residential rooftop […] Read more
Jakson Solar, Credit Fair Tie Up To Boost Rooftop Solar Financing Updated On Tue, Feb 13th, 2024 by Saurenergy Credit Fair, a consumer lending fintech startup, has established a partnership with Jakson Solar, a part of the Jakson Group, a leading energy and infrastructure solutions company headquartered in Noida. The partnership has been planned to offer affordable solar equipment financing options to individuals, MSMEs, trust institutions and housing societies to install clean energy systems. […] Read more
Atmos Renewables & Fluence Energy to Optimise 870 MW Renewables Portfolio in Australia Updated On Mon, Feb 12th, 2024 by Saurenergy Australia-based provider of energy storage products, services, and optimisation software for renewables and storage Fluence Energy, Inc has announced the the expansion of a contract with Atmos Renewables to optimise an 870 MW portfolio of wind and solar assets in Australia’s National Electricity Market (NEM). As per a press release by the firm, Atmos Renewables […] Read more
USFR To Invest $700 Million In OffShore Wind Projects On US East Coast Updated On Thu, Feb 8th, 2024 by Saurenergy US-based manufacturer of steel components US Forged Rings Inc. (USFR) today announced a $700M investment in the US offshore wind industry to construct a tower fabrication facility and a steel forging plant. The company will use these two facilities to service the growing domestic offshore wind market, filling a critical supply chain gap for offshore […] Read more
North America Witnesses Rise in 2023 Solar PPA Prices, Europe Registers Downfall: Report Updated On Thu, Feb 8th, 2024 by Saurenergy LevelTen, an analyst in the energy market sector, has noted that prices of Power Purchase Agreements (PPAs) in North America have risen over the course of time while that in Europe has decreased with time. The analyst, LevelTen also added in its report that the increase in price across North America has varied as per […] Read more
Recurrent Energy Secures $160 Mn For Solar Project, Microsoft as Customer Updated On Wed, Feb 7th, 2024 by Saurenergy Recurrent Energy, a subsidiary of Canadian Solar Inc., and a global developer and owner of solar and energy storage assets, announced that it has secured $160 million in project financing for its 127 MWdc Bayou Galion Solar project, located in Northeast Louisiana. Recurrent Energy said that the project is currently under construction and is expected […] Read more
Solar Power Generation In Europe To Rise by 50 TW in 2024, Germany To Lead The Way Updated On Mon, Feb 5th, 2024 by Saurenergy The solar photovoltaic (PV) energy generation will spike by about 50 terawatt-hours (TWh) in 2024 in Europe due to major capacity installations across the region, predicts a report by Rystad Energy. The report also suggests that Wind power generation is also expected to increase in 2024. However, the growth rate will not match last the […] Read more
