Holtec Unveils Nuclear-Solar Hybrid Plant Design For Emission Reduction Updated On Mon, Feb 5th, 2024 by Saurenergy A United States (US) based company Holtec International which is an equipment and systems supplier for the energy industry recently developed a combined nuclear/solar plant (CNSP) power plant design. It melds the benefits of nuclear (high energy density, non-polluting, base load) with those of solar (zero fuel cost, minor regulatory barriers). It claims to be […] Read more
Solis Strengthens Bankability Rank For Buyers Updated On Mon, Feb 5th, 2024 by Saurenergy In a key development Ginlong (Solis) has announced its notable position in the 2023 BloombergNEF (BNEF) Inverter Bankability Survey. The survey, engaging diverse industry stakeholders such as banks, solar engineering contractors, and technical advisers, sheds light on the solar inverter bankability landscape. Bankability rankings serve to reassure financial institutions backing solar projects on the quality […] Read more
European EV Sales Increased To 16.3% From 12.9% YoY: EIA Updated On Thu, Feb 1st, 2024 by Saurenergy A recent report by the US energy agency EIA found an increase in the sale of hybrid vehicles, plug-in hybrid electric vehicles, and battery electric vehicles (BEV) in the United States. It rose to 16.3% of total new light-duty vehicle (LDV) sales in 2023, according to data from Wards Intelligence. In 2022, hybrid, plug-in hybrid, […] Read more
COVER STORY: Rooftop Solar Enters Mission Mode In India Updated On Mon, Jan 29th, 2024 by Saurenergy The signs were already there. In the first week of 2024, the Ministry of New and Renewable Energy (MNRE) created ripples in the Indian solar market when it announced a 23 percent increase in subsidies for residential rooftop solar. As per the government notification, the ministry increased subsidies from Rs 14,588/kWh to Rs 18,000/kWh for […] Read more
US Announces Investing $254mn To Decarbonize Domestic Manufacturing Updated On Mon, Jan 29th, 2024 by Saurenergy The Department of Energy (DOE) of the United States (US) recently announced that it would invest $171 million in 49 projects across 21 states. This announcement supported United States (US) President Biden’s ‘Investing In America’ agenda. The announcement stated, “This investment aimed to give new funding opportunity to advance next-generation technologies to cut emissions and […] Read more
Hero Future Energies Inks Pact With PIXON Green For Solar Module Supply Updated On Thu, Jan 25th, 2024 by Saurenergy Hero Future Energies has announced the signing of an agreement with PIXON Green Energy, a domestic module manufacturer, for the supply of solar PV modules. Under the agreement, PIXON Green Energy will provide Hero Future Energies with high-efficiency modules for up to 500 MW annually on a prioritized basis for two years from their automated […] Read more
Exus To Acquire 625 MW New Mexico Solar Portfolio Updated On Tue, Jan 23rd, 2024 by Saurenergy Exus North America, a renewables asset management and development firm, has announced its acquisition of New Mexico Renewable Development LLC (NMRD), a 15-project portfolio of solar farms in the state totalling 625 megawatts. The sale of the portfolio, owned 50/50 by energy holding company PNM Resources (PNM) and major utility American Electric Power (AEP), is […] Read more
LONGi Makes Case For Net Zero Manufacturing At WEF Davos Updated On Mon, Jan 22nd, 2024 by Saurenergy As one of the newest recipients of the World Economic Forum (WEF) “Lighthouse Factory” recognition, Chinese solar giant LONGi made a strong case for net zero manufacturing powered by clean energy. For LONGi, which will celebrate it’s 25th year of founding in 2025, the journey to be the leading solar player has been truly impressive. […] Read more
American Firm AES Completes Construction of 3.5 GW Of Renewables Updated On Thu, Jan 18th, 2024 by Saurenergy America-based global cleantech company AES Corporation announced the completion of 3.5 GW of renewables projects in 2023, nearly doubling the capacity constructed compared to 2022. “In 2023, AES Corporation completed the construction of 3.5 GW of new renewables. This construction milestone represents a new record and a growth rate of nearly 100% over 2022. Including […] Read more
