Renew Power to Invest INR 30,000 Cr in Solar, Wind Energy By 2025 Updated On Mon, Oct 17th, 2022 by Saurenergy Renewable energy conglomerate ReNew Power hopes to invest INR 30,000 crore in the coming two years in solar and wind energy capacities according to reports. ReNew Power Chairman Sumant Sinha has said that ReNew has 5,000 MW of projects which it is building presently as it has won auctions and has Power Purchase Agreements. The […] Read more
US Residential Solar Systems See Growth in Size, Decline in Price Updated On Tue, Oct 11th, 2022 by Saurenergy An annual solar report released by Lawrence Berkeley National Laboratory (LNBL), Tracking the Sun, has made key observations about the residential solar systems in the US. The report records the trends in the US market for close to 2.5 million systems installed in 2021 year-end, along with the preliminary data for the first half of […] Read more
First Integrated Solar Charging Station Installed by CESL in Ladakh Updated On Tue, Oct 11th, 2022 by Saurenergy The Ladakh region now has an electric vehicle charging station (Solar Charging Station) established by the government-owned company Convergence Energy Services Ltd (CESL). CESL, a wholly owned subsidiary of Energy Efficiency Services Ltd (EESL) under the Ministry of Power, has established a first-of-its-kind solar-powered charging plaza for electric vehicles in the Ladakh region. The integrated […] Read more
High Energy Prices Could Trip Up European Solar Manufacturing Plans-Rystad Updated On Mon, Oct 10th, 2022 by Saurenergy Energy Research Agency Rystad Energy has warned that record high electricity prices across Europe are damaging the continent’s attempts to build a reliable low-carbon supply chain and reach its decarbonization targets, as solar and battery manufacturers face mounting costs. The warning comes even as renewable power producers in the continent have pushed for keeping the […] Read more
Ilmatar Gets Aid to Build Finland’s Largest RE Hybrid Park Updated On Mon, Oct 10th, 2022 by Saurenergy Finland’s Ministry of Economic Affairs and Employment (MEAE) has granted EUR 19.5 million in aid to Helsinki-headquartered Ilmatar Energy Oy for the development of a renewable energy hybrid park in the areas of Alajärvi and Kyyjärvi of considerable size by Finnish and European standards. The official statement of Ilmatar has held that the hybrid energy […] Read more
Statcon Energiaa’s Newest Offering- Microgrid Energy Corridor System Updated On Tue, Oct 4th, 2022 by Saurenergy Delhi-based power electronics manufacturer company, Statcon Energiaa won the prestigious award for renewable energy excellence at the REI Expo 2022 held at Greater Noida, Uttar Pradesh. The award category was ‘Excellence in RE Storage Solutions. The innovative product, titled ‘Microgrid Energy Corridor System’, provides uninterrupted supply to a microgrid using various renewable energy resources. It […] Read more
Leading Renewable Energy Developer Tri Global Energy Acquired by Enbridge Updated On Mon, Oct 3rd, 2022 by Saurenergy One of the leading developers of renewable energy in the USA, Tri Global Energy has completed its acquisition by Enbridge, Canada’s largest energy company. The official statement of Tri Global Energy further has confirmed this. In the process, Lazard served as lead financial advisor to Tri Global Energy, and Haynes and Boone served as outside […] Read more
Canada’s Brookfield Invests $2 Billion in Scout Clean Energy, Standard Solar Updated On Mon, Oct 3rd, 2022 by Saurenergy Brookfield Renewable, which owns, operates and develops renewable power, together with its institutional partners, has announced two investments in the US renewable energy sector. Brookfield will acquire Scout Clean Energy for $1 billion with the potential to invest an additional $350 million to support the business’ development activities. It also announced the closing of its […] Read more
New York Hits 4-GW Distributed Solar Power Milestone Updated On Fri, Sep 23rd, 2022 by Saurenergy As part of Climate Week, New York Governor Kathy Hochul has announced that four gigawatts of distributed solar—community, residential, small commercial and industrial projects—have been installed across the state. She said that this is enough to power more than 710,000 homes. She held that since the launch of the NY-Sun initiative in 2012, the cost […] Read more
