Floating Solar On A Growth Path Updated On Thu, Jul 29th, 2021 by Saurenergy In Solar’s rise to pre-eminence from a fringe renewable energy option just a decade back, it’s time to consider the rise of floating solar (also called floatovoltaics in many cases). To think that it did not even exist at any scale till 2013. The earliest patent on floating solar was taken out only in 2008. […] Read more
Devise Alternate Ways to Repurpose Fossil Fuels, Argues IDTechEx Updated On Thu, Jul 22nd, 2021 by Saurenergy UK-headquartered IDTechEx, an independent market research and business intelligence provider, has advocated for devising novel ways to repurpose fossil fuel assets, as against simply resorting to obvious solutions like converting gasoline stations into EV charging stations. The latter trend has of late become popular among oil majors, which are looking to capitalise on the rapid […] Read more
Larsen & Toubro Construction Arm Secures Orders in India & Overseas Updated On Tue, Jul 20th, 2021 by Saurenergy Indian multinational EPC contractor Larsen & Toubro’s construction arm has won a slew of orders in India and abroad for various businesses. It has been awarded significant power transmission and distribution contracts in Ladakh and Ayodhya, as well as overseas projects in Saudi Arabia, Africa and Thailand. The company’s power transmission & distribution business has […] Read more
Siemens to Build 100 MW Battery Storage Facility in Germany Updated On Tue, Jul 20th, 2021 by Saurenergy Technology company Siemens Smart Infrastructure has signed a letter of intent with Zukunftsenergie Nordostbayern GmbH for the turnkey construction of a 100 MW battery storage facility in Wunsiedel, Germany. The plant, with a storage capacity of 200 megawatt hours, is intended to use surplus renewable energy and cover demand peaks in the power grid. The 5,000 square […] Read more
Highfield Solar Secures €160 Million Funding for 282 MW Solar Projects In Ireland Updated On Tue, Jul 20th, 2021 by Saurenergy Ireland’s Highfield Solar has secured project funding for the construction and operation of two solar PV projects totaling 282 MW of installed capacity. these will be the largest solar projects in Ireland. A joint venture between a German company ib vogt, an Irish company Highfield Energy and a UK company Aura Power, Highfield Solar Limited […] Read more
Power Equipment Major Alfanar Acquires Wind Energy OEM Senvion India Updated On Thu, Jul 8th, 2021 by Saurenergy Saudi power equipment major Alfanar has made a formal entry into India’s energy sector through its 100% acquisition of wind turbine OEM Senvion India from Senvion GmbH. The acquisition was made through Global Renewable Energy Development Holding Company Limited (GREDHCL), a dedicated investment vehicle set-up by promoters of Alfanar. Announced back in December 2020, the […] Read more
Residential Rooftop Solar To Cost Rs 31,200/Kw In Andhra Pradesh after Subsidy Updated On Tue, Jul 6th, 2021 by Saurenergy The Andhra Pradesh Eastern Power Distribution Corporation Limited (APEPDCL) has discovered the lowest bid of Rs. 50,000/kW for up to 1 kW of residential rooftop solar systems. That means, after central subsidies, it would cost only Rs. 31,200 to consumers. Interestingly, for larger 100Kw to 500Kw sizes, the discovered price is Rs 36,000/Kw , though […] Read more
Top 10 Cleantech Trends for 2021 By IHS Markit Updated On Mon, Jul 5th, 2021 by Saurenergy Asia will account for over 70 percent of total floating PV installations by 2024, says London-based information provider IHS Markit, among other cleantech trends expected this year. The whitepaper “10 Cleantech Trends in 2021” makes the following predictions vis a vis the renewables sector: 1. Renewable installations will rebound by double- digits after covid-19 impasse Annual […] Read more
Fourth Partner Raises $125 Million Equity Funding Updated On Thu, Jul 1st, 2021 by Saurenergy Hyderabad based Fourth Partner Energy has raised a fresh funding of $125 million for its expansion plans. The big new investor this time is Norwegian investment fund Norfund, that has invested $100 million. Existing investor the RISE fund has invested a further $25 million. Norfund was last in the news for its backing of Italy’s […] Read more
