Schneider Electric, ENGIE Enter Tax Credit Transfer Agreement Under IRA Updated On Thu, Feb 22nd, 2024 by Saurenergy Schneider Electric, a digital energy and automation manager company recently announced its investment in a portfolio of Texas-based clean energy projects. Through this, it utilized a Tax Credit Transfer Agreement (TCTA) for solar and battery storage systems developed, built, and operated by ENGIE North America (ENGIE). The contracted projects are expected to come online throughout […] Read more
EU’s Net Zero Industry Act Set To Boost Technology Production In Europe Updated On Wed, Nov 22nd, 2023 by Saurenergy The European Union, (EU) Parliament, recently adopted legislation to bolster Europe’s manufacturing output in technologies for decarbonisation. The announcement of the “Net-Zero industry act” has sets the target for Europe to produce 40% of its annual deployment needs through net-zero technologies by 2030. The new legislation of the EU is based on National Energy and […] Read more
China’s RE Boom Year Poses Challenges to Western Markets: WoodMac Updated On Thu, Feb 17th, 2022 by Saurenergy China’s renewables manufacturing has emerged from 2021 bigger and more competitive than ever before. Western markets are benefitting from trading with the IKEA of the energy transition, but balancing reliance on China’s technology providers with local interests is now a key political as well as environmental challenge, says Wood Mackenzie. China’s need to meet soaring […] Read more
Avaada Signs MoU To Develop 1200 MW of PSP In Rajasthan Updated On Fri, Nov 22nd, 2024 by Saurenergy Indian renewable energy conglomerate Avaada Group has entered into a Memorandum of Understanding (MoU) with the Rajasthan government to develop a 1200 MW Pumped Storage Project. The MoU, formalized between the Energy Department of the Rajasthan government and Avaada Aqua Batteries Pvt. Ltd., a subsidiary of Avaada Group marks the next chapter in Avaada’s investment […] Read more
GPES Strengthens Board With Key Leadership Inductions Updated On Wed, Nov 20th, 2024 by Saurenergy GP Eco Solutions, the Noida-based solar and storage solutions firm that listed on the SME Exchange earlier this year, has moved to strengthen its board with the induction of three industry stalwarts in the form of KS Popli, AK Jain and UN Tripathi. Popli retired as Chairman and Managing Director at IREDA in 2019, after […] Read more
Govt Removes Dual Consent For Wind, Solar & Other RE Projects Updated On Mon, Nov 18th, 2024 by Saurenergy The Ministry of Environment, Forest and Climate Change (MoEFCC) has now come up with a new gazette notification to reduce the need for multiple clearances from the government for the commissioning of several clean energy projects ranging from solar, wind, compressed biogas (CBG) and others. The move was aimed at expediting the growth of such […] Read more
Minimizing Environmental Impact in Solar Panel Production and Disposal: Towards a Sustainable Lifecycle Updated On Thu, Nov 14th, 2024 by Saurenergy As we celebrate the growth of renewable energy, particularly solar, we must also address the environmental footprint left by the very technologies that propel this transition. Solar energy is undeniably central to a sustainable future, but the environmental impact of producing and disposing of solar panels must not be overlooked. We believe that a responsible, […] Read more
How Carbon Market Boost At COP29 Can Bolster Indian RE Sector? Updated On Tue, Nov 12th, 2024 by Saurenergy After a long wait, global leaders have approved the standards for an international carbon market at the latest COP20 at Baku in Ajerbaijan. The United Nations Framework Convention on Climate Change (UNFCCC) announced this significant development in an official release. The new UN-backed global carbon credit market is set to pave the way for increased […] Read more
The Emissions Impact of Repurposed EV Battery Packs in Residential Settings Updated On Tue, Nov 12th, 2024 by Saurenergy The popularity of plug-in electric vehicles (PEVs) has taken off, thanks to better batteries, lower costs, and strong policy support. However, as electric mobility becomes more mainstream, a crucial question arises, what happens to these batteries when they are no longer usable? With 1.2 million electric vehicle batteries predicted to be decommissioned worldwide by 2030 […] Read more
