GAIL and AMG enter into a 2.5 GW RE Agreement Updated On Mon, Oct 7th, 2024 by Saurenergy GAIL (India) Ltd and AM Green (AMG) signed a Memorandum of Understanding (MoU) for the development of up to 2.5 GW of solar-wind hybrid renewable energy projects across India. The deal would also involve a study on the utilization of around 350 kta (kilotons per annum) of CO2 generated by GAIL at its gas processing […] Read more
IEX September Update- Green Market Grows 214% Growth Updated On Mon, Oct 7th, 2024 by Saurenergy The Indian Energy Exchange, India’s pre-eminent electricity exchange, achieved total monthly volume (including certificates) of 11,370 MU in September’24, marking a 24% year on year increase. The electricity volume (including green electricity volume) during the month at 10,332 MU, increased 21% YoY. The renewable energy certificates (REC) at 1,031MU, increased 100% YoY. At Rs 110 […] Read more
US Solar Prices Plummet, Battery Adoption Skyrockets: EnergySage Report Updated On Fri, Oct 4th, 2024 by Saurenergy EnergySage has released its 19th Intel Solar & Storage Marketplace Report, offering detailed insights into the US residential solar and storage market. The semiannual report analyses millions of transaction data points from January to June 2024, based on consumer activity across 48 states and Washington, D.C. The data highlights key trends such as falling solar […] Read more
Origin Cancels Hunter Valley Hydrogen Project Citing Slow Growth Updated On Fri, Oct 4th, 2024 by Saurenergy Origin Energy, one of Australia’s leading utilities, has announced its decision to abandon the AUD 207.6 million Hunter Valley Hydrogen Hub project, citing slow market development and significant financial and technological risks. The project, a joint venture with fertiliser manufacturer Orica, was poised to be one of the nation’s most advanced hydrogen developments and was […] Read more
TotalEnergies Launches Two Major Solar Farms with Battery Storage in Texas Updated On Fri, Oct 4th, 2024 by Saurenergy TotalEnergies has begun commercial operations at two utility-scale solar farms, Danish Fields and Cottonwood, in southeast Texas. Both projects, equipped with battery storage systems, have a combined capacity of 1.2 GW and are part of the company’s 4 GW renewable energy portfolio currently operational or under construction in Texas. Danish Fields, the company’s largest solar […] Read more
Runergy Announces Commencing Module Manufacturing At Alabama Updated On Fri, Oct 4th, 2024 by Saurenergy Runergy has recently announced the commencement of production at its module manufacturing facility in Huntsville, Alabama, USA. This move represents an important step in Runergy’s expansion into the North American market. The facility is set to fulfill its first customer orders this October, marking a new chapter for both the company and the local community. […] Read more
Alpex Set To Add 1.6 GW Solar Cells Manufacturing Plant At Uttar Pradesh Updated On Fri, Oct 4th, 2024 by Saurenergy Greater Noida-based solar module manufacturer Alpex Solar has received shareholder approval for its expansion plans to add 1.6 GW of capacity through a new solar cell plant. The company has announced an investment of Rs. 642 crores to establish this 1.6 GW solar cell manufacturing facility. This move into solar cell production complements Alpex Solar’s […] Read more
Google In Deals With Adani, Cleanmax For Clean Energy Deals In India Updated On Fri, Oct 4th, 2024 by Saurenergy In a busy week for Google in India, the global search and web giant inked agreements with the Adani Group as well as Cleanmax Enviro for supply of green energy to power operations here. Google Adani Tie-Up For Khavda Energy The Adani Group and Google are collaborating to further reduce Google’s carbon footprint. Under the […] Read more
ZEVO Secures $2 Million In Pre-Series A Funding Updated On Thu, Oct 3rd, 2024 by Saurenergy ZEVO, a powerhouse tech-enabled Electric Vehicle (EV) mobility platform, has successfully raised $2 million in a Pre-Series A funding round. The investment was led by Pegasus India Fund, BizDateUp, JIIF and a family office. The newly acquired funds will be utilized to deploy 5,000 electric vehicles and develop fulfilment centres across key locations. “This initiative […] Read more