Masdar Signs Agreement with Kyrgyzstan to Develop 1GW Renewable Projects Updated On Wed, Apr 20th, 2022 by Saurenergy The Central Asian economies are looking to diversify their energy basket in order to reduce their carbon emissions and reduce dependence on fossil fuels which are mostly imported. In the latest development, United Arab Emirates based clean energy company Masdar has signed a memorandum of understanding (MoU) with the Ministry of Energy of Kyrgyzstan in […] Read more
THDC, Rajasthan Govt Sign Agreement to Develop 10,000 MW Solar Projects Updated On Mon, Apr 18th, 2022 by Saurenergy THDC India Limited has signed an agreement in Rishikesh with Renewable Energy Corporation Limited (RECL) for the development of large solar power projects with combined capacity of 10,000 MW in Rajasthan. With one of the highest solar irradiance in India, Rajasthan has been catching up aggressively in fresh solar capacity as well as planned capacity in […] Read more
Adani Solar Expands Retail Footprint With Channel Partner Appointment In Tamil Nadu Updated On Mon, Apr 18th, 2022 by Saurenergy Adani Solar, the Adani Group’s solar manufacturing arm, has announced the launch of its retail distribution business in Tamil Nadu with Festa Solar as the official channel partner for the region. Adani Solar has now extended its reach to more than 2,500 towns for the distribution of solar panels in India. Through this partnership with […] Read more
Deferment of ALMM Policy: A much awaited but temporary relief to the solar market Updated On Mon, Apr 11th, 2022 by Saurenergy India had ambitioned to achieve 100 GW of solar installation by 2022. However, as per MNRE, we had achieved only 51 GW of solar by Feb 2022. While we haven’t met the goal, there has been meaningful and significant growth in the overall solar industry. Also, the Government has set a steeper target of 280 […] Read more
Maha, NTPC to set up ultra-mega 2500-MW solar power park Updated On Fri, Apr 8th, 2022 by Saurenergy The Maharashtra State Power Generation Co (MAHAGENCO) and National Thermal Power Corporation (NTPC) will form a joint venture to set up an “ultra-mega solar park” in the state to generate 2,500 MW green power, officials said here on Thursday. The Rs 1,727-crore project proposal, kickstarted in 2020, was approved by the state Cabinet presided over […] Read more
Mitsubishi, Shell to build wind farms to manufacture green hydrogen Updated On Fri, Apr 8th, 2022 by Saurenergy Japan’s leading trading player Mitsubishi Corp and Britain’s oil giant Shell Plc are in discussions to collaborate for producing green hydrogen by developing major offshore wind farms in Europe to give a push to the global quest for decarbonisation. As per media reports, by 2030, the companies will create 400,000 tonnes of green hydrogen every […] Read more
Omega Seiki Mobility, Log9 Partner to deploy 3W EVs Updated On Thu, Apr 7th, 2022 by Saurenergy Omega Seiki Mobility (OSM) and Bengaluru-headquartered advanced battery technology startup Log9 Materials are partnering to deploy 10,000 3-Wheeler Rage+ Rapid EVs in Tier II and III markets of India by FY24. Supporting these 3W EV Cargo Loaders will be Log9’s state-of-the-art InstaCharging stations that promise to charge a 3W completely within 35 minutes, as compared […] Read more
Panasonic to invest $4.9 bn in EV batteries, supply chain software Updated On Tue, Apr 5th, 2022 by Saurenergy Panasonic Corporation is joining the high-growth electric vehicles (EV) market, with plans to invest nearly $4.9 billion in automotive batteries, supply chain software and cyber physical systems, among others. The Japanese company said to achieve its future goals, the group is to invest 400 billion yen (nearly $3.26 billion) in “growth areas” and 200 billion […] Read more
ENGIE North America Gets $800m Financing for 665 MW Wind, Solar Projects Updated On Fri, Apr 1st, 2022 by Saurenergy ENGIE North America has announced that the company has successfully completed Tax-Equity financing for its Iron Star (Kansas) and Priddy (Texas) wind projects and Equity financing for the portfolio of these assets along with Hawtree solar project. The solar project was recently declared commercially operational. Together the projects total 665 MW. ENGIE says that leading […] Read more
