THDC to Build RE Projects of 3270 MW in Karnataka Updated On Fri, Nov 10th, 2023 by Saurenergy Uttarakhand-based government firm THDC India Ltd (THDCIL) has set sights on establishing 3,270 megawatts (MWs) of clean energy projects in Karnataka with emphasis on pumped storage and floating solar in the state. The THDC project in Karnataka is likely to boost the growth of renewable energy in the state also increase the presence of THDC […] Read more
Masdar To Expand in Saudi with 1.1 GW & Azerbaijan with 500 MW Projects Updated On Thu, Nov 9th, 2023 by Saurenergy Led by Abu Dhabi based renewable energy firm, Masdar, EDF Renewables, and Saudi conglomerate Nesma Company have joined hands with the Saudi Power Procurement Company (SPPC) for the development of a solar plant with capacity of 1100 MW. When it is operational, the Al Henakiyah solar power project will supply power to over 190,000 homes […] Read more
Phase One of SOFAR’s New Smart Factory is Commissioned Updated On Tue, Nov 7th, 2023 by Saurenergy SOFAR, the global leading provider of PV & ESS solutions, recently commissioned the first phase of its brand-new manufacturing base in Huizhou, China. With this expansion, the company has significantly expanded its production capacity and intensified its focus on intelligent manufacturing practices. The first phase of new factory spans over 110,000㎡, with a total investment […] Read more
India Will Need 60 GW Of Storage By 2030, Says Research Report Updated On Tue, Nov 7th, 2023 by Saurenergy Global Energy Alliance for People and Planet (GEAPP) and RMI released a report on battery storage systems, defining the role of discoms in accelerating battery energy storage in India. The report titled ‘Powering Progress: Batteries for Discoms, A Market Action Report evaluated the accelerating battery energy storage ecosystem in India. It attempted to provide an […] Read more
US May See 619 GW Of Renewable Power Between 2023-2030: Report Updated On Fri, Nov 3rd, 2023 by Saurenergy A latest report from BloombergNEF forecast a staggering 619 gigawatts (GW) of solar, wind and storage to come online between 2023 and 2030 in the United States. The report forecasts that this will raise energy capacity by 19 GW from the previous outlook. While structural constraints, such as permitting and grid connections, and a higher […] Read more
IRA Can Lead To Creation of 4L Jobs In US, Says Report Updated On Fri, Nov 3rd, 2023 by Saurenergy A latest report analysing the performance of the Inflation Reduction Act (IRA), in the US in the first-year claimed that the move could lead to the creation more than 400,000 new jobs and hundreds of billions of dollars of investments. The report was released by E2 a business group. It shared the update on the […] Read more
ISA’s Global Solar Facility Set To Receive Capital Aid of $35mn Updated On Wed, Nov 1st, 2023 by Saurenergy The International Solar Alliance (ISA) today announced that the Global Solar Facility (GSF), a payment guarantee fund formed by ISA to stimulate investments into solar power projects, is set to receive a capital contribution of $35 million dollars. The Global Solar Facility (GSF) is designed to catalyse solar investments in underserved segments and geographies across […] Read more
US Bipartisan Infra Law To Create $8.3bn In12 Years: DOE Updated On Wed, Nov 1st, 2023 by Saurenergy The Department of Energy (DOE) in the United State recently announced Twin States Clean Energy Link, the National Grid’s proposed transmission project. This project will support New England’s climate, clean energy, and energy security goals. This was selected as one of three projects nationwide to receive investment through the US Bipartisan Infrastructure Law’s Transmission Facilitation […] Read more
Canadian Solar Announces 5 GW Production Unit in Indiana Updated On Tue, Oct 31st, 2023 by Saurenergy Energy provider Canadian Solar has announced the setting up of a solar cell production unit in Jeffersonville, Indiana. The facility, which will boast 5 GW worth of capacity, will supply the firm’s Solar’s module assembly plant located in Mesquite, Texas. The Texan facility that will produce TOPCon modules is expected to go online by the […] Read more
