WEC Energy To Acquire 80% Stake In 250 MW Texas Solar Project Updated On Wed, Feb 1st, 2023 by Saurenergy US energy conglomerate WEC Energy Group has announced that it has signed an agreement to acquire an 80% ownership interest in the Samson I Solar Energy Center. The investment by WEC Energy Group is expected to total approximately $250 million for the 80% ownership interest. WEC Energy said that Samson I is a 250-MW project […] Read more
US based Hecate Energy Closes $550 Million Financing Package For Green Ambitions Updated On Wed, Jan 25th, 2023 by Saurenergy Hecate Energy, a leading developer of renewable power projects and energy storage solutions in the United States, today announced the recent close of a five-year $550 million credit facility package, inclusive of a $250 million term loan and $300 million Letter of Credit (“LC”) facility to support further expansion of its solar and energy storage project pipeline. The new credit facilities […] Read more
Study Says Clean Energy Transition Could Save India $19.5 Billion Annually By 2025 Updated On Wed, Jan 25th, 2023 by Saurenergy According to a recent study by Global Energy Monitor, India has the potential to save up to $19.5 billion annually by achieving its goal of adding 76 GW of utility-scale solar and wind power by 2025. India has been ranked among the top seven countries globally in terms of prospective renewable power, according to a […] Read more
FREYR Battery to Supply Upto 14 GWh LFP Cells to Impact Clean Power Technology Updated On Mon, Jan 16th, 2023 by Saurenergy FREYR Battery has signed a conditional offtake agreement (“COA”) with Impact Clean Power Technology under which, FREYR will supply 10 to 14 GWh of clean next-generation battery cells based on the 24M Technologies SemiSolidTM platform to Impact Clean Power Technology from 2025 to 2030. Norway-based FREYR Battery is a developer of clean, next-generation battery cell […] Read more
New Energy Vehicles, Electric SUVs, Last Mile Delivery EVs Gain Prominence at Auto Expo ’23 Updated On Thu, Jan 12th, 2023 by Saurenergy The biennial mega automobile extravaganza held at Greater Noida is a hotbed for innovation and a visual treat to the visitor’s eyes. Auto Expo 2023 is no exception with an exciting line-up of EVs that bring together the best of technology, innovation and luxury. We provide you an insight into some such EV launches at […] Read more
Sungrow to Supply Inverter Solutions to 814 MWac Project In Qatar Updated On Mon, Jan 9th, 2023 by Saurenergy Global leading inverter and energy storage system solution conglomerate Sungrow has announced that it will be supplying inverter solutions for a large solar power project in the Middle East. As per the announcement, it has signed a contract recently with Samsung C&T’s Engineering & Construction Group to supply its MV-integrated 1500V string inverter solution SG320HX […] Read more
Matter Energy and Luminous Power In Partnership For Energy Storage Solutions Updated On Fri, Jan 6th, 2023 by Saurenergy Matter Energy, the Ahmedabad-based technology start-up, has entered into a strategic partnership with Luminous Power Technologies aiming to create a technological breakthrough in the field of home inverters and stationary applications. According to the release, the solution would also encourage many possibilities of generating sustainable energy through domestic solar and wind power generation, storing, and […] Read more
H2Carrier, Anori to Develop ‘Wind Energy to Green Ammonia’ Project in Greenland Updated On Wed, Jan 4th, 2023 by Saurenergy A letter of Intent has been signed between Norway-based floating energy production and storage maker H2Carrier and Greenland-based Anori for the construction of the first commercial wind farm in Greenland and the use of green energy subsequently for the production of green ammonia. The end product will also be exported to international markets, as per […] Read more
JBS is World’s First Food Company to Issue International Renewable Energy Certificates Updated On Mon, Jan 2nd, 2023 by Saurenergy Sao Paulo, Brazil based JBS, has announced that it has become the first in the food sector to have an enterprise qualified to issue International Renewable Energy Certificates (International REC Standard / I-REC). The certification proves that the generation of electricity comes from renewable and environmentally responsible sources. JBS S.A. is a Brazilian multinational company, […] Read more
