Power Minister R.K. Singh Updates Parliament On Progress With India’s Energy Transition Updated On Wed, Mar 15th, 2023 by Saurenergy Union Minister of Renewable Energy & Power R.K. Singh made a slew of announcements in the Rajya Sabha yesterday, shining the light on the progress made in renewable energy in the country. Here is a look at some important of the relevant news related to renewables. Renewable Energy Installed As on 31.01.2023, the cumulative installed […] Read more
Siemens to Supply Electrolyzers to E-Fuels Maker HIF Global Updated On Fri, Mar 10th, 2023 by Saurenergy Global e-fuels company HIF Global and Siemens Energy have reached an agreement that will allow Siemens Energy to expand its electrolyzer manufacturing capacity beyond its previously announced plans. This agreement will assist HIF Global in obtaining sufficient capacity for the HIF Matagorda eFuels Facility in Texas. The Siemens Energy electrolyzers will aggregate an expected capacity […] Read more
Silfab Solar Raises $125 Million to Build Third US Cell Factory Updated On Thu, Mar 9th, 2023 by Saurenergy North American PV module manufacturer Silfab Solar has announced a second investment round led by ARC Financial Corporation to help fund the next expansion of Silfab Solar, whose third facility is to open in the United States of America. This will include domestic PV cell and module production. The $125 million investment from energy-focused private […] Read more
ACWA Power to Build 2.6 GW of Solar and Storage Facilities in Uzbekistan Updated On Tue, Mar 7th, 2023 by Saurenergy Saudi Arabia flagship company for renewable energy ACWA Power has announced that it has signed agreements under which it will be developing two solar parks and also storage capacities in Uzbekistan. ACWA Power held that the combined capacity of the solar power projects will be about 1.4 GW. The company will also include battery storage […] Read more
As Inverters Become ‘Smart’ Customers Follow Suit Updated On Mon, Mar 6th, 2023 by Saurenergy Solar inverters, with a share of 3-7% of project cost typically, have always played a far more critical role than the share of costs would imply. As the ‘brains’ behind the plant, the role of the inverter in converting power generated with the highest possible efficiency, in the safest way possible, has been critical for […] Read more
EDF Renewables Acquires 529 MWp Solar Portfolio from MEC Energy in Germany Updated On Wed, Mar 1st, 2023 by Saurenergy Global renewable energy player EDF Renewables has acquired 17 greenfield solar photovoltaic projects with a total capacity of 529 MWp from MEC Energy, a renewable project developer based in Germany. In the transaction, Capcora, a German consulting company, acted as the exclusive sell-side M&A advisor MEC Energy which is a German project developer and part […] Read more
Global Investor BlueOrchard to Invest in Indian Renewable Energy Firm U-Solar Updated On Tue, Feb 28th, 2023 by Saurenergy An infrastructure fund managed by Zurich-based BlueOrchard Finance Ltd is investing in Indian renewable energy platform U-Solar to support the growth of its commercial and industrial (C&I) rooftop solar portfolio. BlueOrchard is a leading global impact investment manager and member of the Schroders Group. U-Solar, headquartered in Bengaluru, is present in the entire solar PV […] Read more
X-ELIO Sets up its First Utility Scale 60 MWh BESS Project in Texas, US Updated On Fri, Feb 24th, 2023 by Saurenergy X-ELIO, that delves into the development, construction, financing and operation of renewable and sustainable energy projects, has added a BESS (battery energy storage system) project of 60 MW capacity, which has been set up in the Liberty County of Texas in the USA. This is a major project for X-ELIO, given that this is the […] Read more
“EV Policies At State & Central Level In India Are Very Encouraging”, Pankaj Goyal, Autonxt Automation Updated On Tue, Feb 21st, 2023 by Saurenergy The focus on EVs was accelerated from 2013 with the announcement of the National Electric Mobility Mission Plan 2020 (NEMMP), followed by FAME – I and II subsequently. India has now gained good momentum on the EV deployment with a focus on all segments 2W, 3W, commercial vehicles, and of course passenger vehicles (PVs) all […] Read more
