JSW Steel USA Plans To Invests 110 Mn To Upgrade Offshore Wind Projects Updated On Tue, Jun 25th, 2024 by Saurenergy JSW Steel USA, a subsidiary of JSW Steel Ltd., plans to invest US $110 million in steel plate mill modernization projects with sustainable technology and equipment. The company plans to invest in its manufacturing facilities in Baytown, Texas. These investments are expected to enable the production of high-quality monopile steel plates to support the US […] Read more
Waaree Secures Module Supply Contract For Acciona Energy’s Subsidiary Juna Updated On Mon, Jun 24th, 2024 by Saurenergy Indian solar module manufacturer Waaree Energies has been awarded a major contract by Acciona Energy’s subsidiary Juna Renewable Energy Private Limited, to supply its bifacial solar modules for the 412.5 MWp/335 MW AC project in Rajasthan. The date of commissioning of the said project is in March 2025. The project, located in Kawani village, Bikaner […] Read more
Clean Energy Investment Double The Fossil Fuel Amount This Year: IEA Updated On Fri, Jun 21st, 2024 by Saurenergy Global spending on clean energy technologies and infrastructure is on track to hit $2 trillion in 2024 even as higher financing costs hinder new projects, notably in emerging and developing economies, according to a report by the International Energy Agency (IEA). Despite pressures on financing, global investment in clean energy is set to reach almost […] Read more
Vibrant Energy Appoints Vinay Pabba As Its New CEO Updated On Wed, Jun 12th, 2024 by Saurenergy Hyderabad-based, Vibrant Energy, an owner and developer of corporate renewable energy solutions, announced the appointment of Vinay Pabba as its next Chief Executive Officer (CEO). Vinay Pabba, currently Vibrant Energy’s Chief Operating Officer (COO), will shortly be stepping up into the role of CEO. He brings with him a deep understanding of the renewable energy […] Read more
Vesper Energy Finalizes $592 Mn Investments For Hornet Solar Project Updated On Wed, Jun 12th, 2024 by Saurenergy Vesper Energy, a renewable energy developer, finalized construction and term loan syndication for its Hornet Solar project, representing approximately $592 million in investments. The syndication process was initiated after the Hornet Solar project’s financial close in December 2023. This signals continued investor confidence in the project and Vesper’s ability to deliver reliable, resilient infrastructure. “This […] Read more
Hitachi Energy Plans To Invest $4.5 Bn In Clean Energy By 2027 Updated On Mon, Jun 10th, 2024 by Saurenergy Switzerland-based Hitachi Energy recently announced its plan to invest an additional $4.5 billion in manufacturing, engineering, digital, R&D, and partnerships by 2027. This is double the investments made by the company in the last three years. This investment complements the company’s recently announced $1.5 billion investment in April this year to ramp up global transformer […] Read more
News Brief June 07 – UK Battery Project, Energy Vault, Sumitomo Updated On Fri, Jun 7th, 2024 by Saurenergy Gresham House secures PPA for 568MW battery projects in UK An Octopus Energy subsidiary and Gresham House Energy Storage Fund have engaged into a power purchase agreement (PPA) for 14 of the company’s battery projects in the UK, totaling 568MW/920 megawatt hours (MWh). Commencing on July 1, 2024, the two-year fixed-price contracts will cover around […] Read more
32 American Forest Villages Get Clean Power From Solar Microgrids Updated On Tue, Jun 4th, 2024 by Saurenergy Power Construction Corporation of China (Powerchina) officially handed over the first site of the second phase of a microgrid photovoltaic project in Suriname recently. Chandrikapersad Santokhi, President of the Republic of Suriname, and Chinese Ambassador to Suriname,Han Jing, among other dignitaries, attended the handover ceremony. The landmark project will provide more people in remote villages […] Read more
Green Financing A Boon For Clean Transmission Projects: Sharib Razi Updated On Fri, May 31st, 2024 by Saurenergy What are the challenges faced by the grid, when it comes to a higher share of renewable energy? Razi: There are two major challenges with increasing share of renewables in the grid. Firstly, due to the intermittent nature of renewable energy, the peak generation of solar or wind does not coincide with the peak load […] Read more
