Togo Invites RFP for 50 MW Solar Under World Bank’s Scaling Solar Program Updated On Thu, Sep 8th, 2022 by Saurenergy Togo’s government has issued a request for proposals (RFP) from shortlisted bidders for a 50 MW grid-connected solar PV tender held in December 2019 as part of the Scaling Solar Initiative of the World Bank Group. The last date for submitting the online bid is December 15, 2022. To build two solar PV projects with […] Read more
Suzlon Gets 180.6 MW Wind Energy Project from Sembcorp in Karnataka Updated On Thu, Sep 8th, 2022 by Saurenergy Suzlon Group has announced a new order win for the development of a 180.6 MW wind power project for Green Infra Wind Energy Limited, which is a renewable energy subsidiary of Sembcorp. Under the new order, Suzlon will install 86 wind turbine generators with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of […] Read more
Adani Announces Three Gigafactories as Part of $70 Billion Investment Updated On Thu, Sep 8th, 2022 by Saurenergy The Chairman and Founder of Adani Group, Gautam Adani has said that his company, Adani Group, will be investing in the construction of three giga-factories that will manufacture key equipment required for the expansion of renewable energy. The three gigafactories will be part of the $ 70 billion investment by the group in clean and […] Read more
France’s CMA CGM Creates Special Fund for Shipping Decarbonisation Updated On Wed, Sep 7th, 2022 by Saurenergy French shipping conglomerate CMA CGM Group is creating a Special Fund for Energies which is backed by a five-year $1.5 billion budget to accelerate its energy transition and achieve net-zero carbon by 2050. The official statement of CMA CGM revealed that the special fund will invest to support the industrial production of new fuels, as […] Read more
Shell & Green Tie Capital’s Solar Project in the Offing in Spain Updated On Wed, Sep 7th, 2022 by Saurenergy Global energy conglomerate, Shell plc, and Green Tie Capital- investment and development services provider related to renewable energy, have decided to work together to develop more than 2 GW of solar projects in Spain. It is anticipated that the initiatives will progress all over Spain. Nickel Asia Corp (NAC) subsidiary Emerging Power (EPI) and Shell […] Read more
Dramatic Solar Capacity Rise Across Asia; India’s Sprint Towards 2030 Goal Updated On Wed, Sep 7th, 2022 by Saurenergy As per US electricity think tank Ember, solar power is expected to experience exponential growth across five of Asia’s biggest economies, positioning the region to become a global hub of solar power. Ember made the revelation after an analysis of existing national power sector development plans across China, Japan, Indonesia, India and the Philippines. Findings […] Read more
Hyderabad All Set for Solar Rooftop Cycling Track in 2023 Updated On Wed, Sep 7th, 2022 by Saurenergy Telangana Municipal Minister K T Rama Rao has revealed that Hyderabad is all set to witness the establishment of its maiden cycle track, which will host a solar roof to employ solar panels for power generation. The construction will be on the lines of Daejeon and Sejong cycle highways in South Korea. The Minister laid […] Read more
RE Firms’ Receivables to Dwindle by 20% in FY23: CRISIL Updated On Wed, Sep 7th, 2022 by Saurenergy In a significant revelation, as per a CRISIL ratings, the leading renewable energy companies’ receivables will shrink by 20% this fiscal year. Leading RE companies may anticipate their receivables to decline by a fifth, from 180 days a year ago to 140 days in March next year, CRISIL has said. This trend was last seen […] Read more
Canada’s Zinc8 Produces its First Zinc-Air Batteries for US Market Updated On Wed, Sep 7th, 2022 by Saurenergy Canada-based energy solution provider company, Zinc8 has announced recently its first commercial production facility (zinc air batteries) will be built in New York. The recently released US Inflation Reduction Act (IRA) manufacturing production credits offer distinct and direct benefits to Zinc8, impacting its production plans in the US, according to a thorough study performed by […] Read more