China Seeks a fix For PV Overcapacity With New Norms Updated On Fri, Nov 22nd, 2024 by Saurenergy With its world leading PV sector hit by losses in the past year, China’s Ministry of Industry and Information Technology is focusing on what it can control, to try and nurse the sector back to health. We saw last week how export incentives on solar products were reduced last week in perhaps a signal to […] Read more
Sungrow Ink Supply Deal For 1.7 GWh ESS To Raystech, Solar Juice In Australia Updated On Fri, Nov 22nd, 2024 by Saurenergy Sungrow, the leading global PV inverter and energy storage system provider, signed a distribution agreements with Raystech Group and Solar Juice Group. Under these agreements, Raystech Group (1GWh) and Solar Juice Group (700MWh) collaborate to distribute 1.7 GWh of Sungrow’s C&I energy storage systems over the next three years. Raystech Group can leverage its technical […] Read more
5 Ways To Decarbonise Power Hungry Data Centers? Updated On Fri, Nov 22nd, 2024 by Saurenergy Data centers worldwide are known for their substantial electricity consumption, which powers the ever-growing data business. As global corporate giants continue to invest in this sector and expand across borders, reducing carbon emissions has become crucial. Dependence on conventional power grids increases the carbon footprint of these data centers due to their significant power requirements. […] Read more
More Public and Private Investments in Fast Charging Needed to Accelerate EV Adoption-Industry Updated On Fri, Nov 22nd, 2024 by Saurenergy With little doubt on the Ev transition picking pace, the focus was on fast charging to ensure a smooth path for adopters at the EV fast Charging Summit organised by Indian Energy Storage Alliance (IESA) in Delhi. With over 4 Million EVs sold in India, EV adoption is fast approaching the inflection point supported by […] Read more
COP29: Azerbaijan Concludes First RE Auction At Tariff Of $3.540 Cents/kWh Updated On Fri, Nov 22nd, 2024 by Saurenergy Azerbaijan recently concluded its first ever renewable energy auction with technical assistance from the European Bank for Reconstruction and Development (EBRD). The outcome of the competitive auction was announced at the United Nations Climate Change Conference in Baku (COP29). In the auction ran by Ministry of Energy, Universal International Holding Limited submitted the lowest bid, […] Read more
Tata Power, ADB Seal $4.25Bn Deal To Finance 966 MW RE Projects In India Updated On Fri, Nov 22nd, 2024 by Saurenergy Tata Power, an integrated power company, and the Asian Development Bank (ADB) recently signed a Memorandum of Understanding (MoU) coinciding with the ongoing Climate Conference (COP29) at Baku, Azerbaijan. This deal evaluates financing for its several projects and to enhance India’s power infrastructure, and promote renewable and clean energy. The MoU outlines the evaluation of […] Read more
Meta, Google Lead The Chart In Renewable Energy Use: SEIA Updated On Thu, Nov 21st, 2024 by Saurenergy Corporate companies in the recent past have relied on renewable energy to meet their growing energy needs. In fulfilling its needs, US corporations have derived 18% of energy from solar. The report said that 20% of all installations in 2023 saw corporate offtake driving renewable energy demand in the country. The Solar Energy Industry Association […] Read more
Hyundai Expects Creta EV To Boost Its Electric Vehicle Market Updated On Thu, Nov 21st, 2024 by Saurenergy Automobile company Hyundai is now hopeful of good returns from its upcoming electric model of Creta. The top management of the company said that the launch of its Creta EV is likely to boost the growth of the firm in the electric mobility segment. The company’s high hopes are pinged on the higher sales of […] Read more
Green Stocks Nov 21: Adani Crash Headlines Poor Day For Green Stocks Updated On Thu, Nov 21st, 2024 by Saurenergy On a day when the crash in the stock of Adani Green Energy took most of the attention, almost all green energy stocks save Wind equipment maker Suzlon suffered. Though obviously not at the scale of Adani Green Energy, which slumped almost 18%. For the rest, it was a matter of trying to limit losses, […] Read more