Amplus Solar Signs MoU with Andhra Pradesh for Distributed Green Hydrogen Production Updated On Tue, Mar 21st, 2023 by Saurenergy Distributed clean energy solutions provider Amplus Solar has entered into a Memorandum of Understanding (MoU) with the Andhra Pradesh government. This agreement will pave the way for the establishment of multiple decentralized Green Hydrogen production plants in the state. The firm has set sights on setting up 7.5 KPTA-distributed green hydrogen plants for industrial consumption […] Read more
Budget Reactions- Industry Hopes Green Credit, Transmission Focus And More Will Deliver Updated On Thu, Feb 2nd, 2023 by Saurenergy Budget 2023-2024, lacking any big ticket announcements save the focus on green growth has been welcomed guardedly by industry. Plaudits have come from the EV sector, where the exemptions granted for Lithium Ion battery manufacturing have been welcomed. However, solar developers have been left hoping that the focus on transmission will strengthen the grid, helping […] Read more
Qcells To Supply 2.5 GW Of Solar Panels To Microsoft Updated On Fri, Jan 27th, 2023 by Saurenergy South Korean solar conglomerate Qcells and software giant Microsoft Corp have announced that they are partnering to enable a strong supply chain for new renewable electricity capacity projected to require at least 2.5 GW of solar panels and related services. This capacity is equivalent to power more than 400,000 homes. Microsoft aims at becoming carbon […] Read more
South Korea’s Qcells to Build $2.5 Bn Solar Factory in US; More Than Doubles Production Updated On Thu, Jan 12th, 2023 by Saurenergy South Korea’s solar cells and modules maker Qcells will invest over $2.5 billion to expand its solar module manufacturing operations in Georgia, USA. Qcells will build a new facility in Cartersville and add a third facility to its Dalton location, creating more than 2,500 new jobs in northwest Georgia. These investments are expected to bring […] Read more
L&T Picks LONGi for Saudi Projects With 1292 MW Module Order Updated On Thu, Dec 1st, 2022 by Saurenergy L&T has picked Chinese major LONGi to provide 1292MW of PV modules for two solar projects under construction in Saudi Arabia. LONGi VP Dennis She and A. Ravindran, Senior Vice President and Head of the Renewables Strategic Business Group at L&T, jointly signed the agreement, involving two Saudi Arabian projects for which L&T is acting […] Read more
Denmark’s Largest RE Firm Orsted Expands Presence in Texas, US Updated On Fri, Nov 18th, 2022 by Saurenergy The largest energy firm in Denmark, Orsted will be establishing a new office in Texas. The new premises that will be an EPC centre (engineering, procurement and construction) for its portfolio of clean energy solutions. The new office that is to come up in Texas will mark its opening in the first half of next […] Read more
Tata Power Delhi Distribution, TERI in Partnership for Sustainable Future Updated On Wed, Nov 16th, 2022 by Saurenergy A joint venture between Tata Power and the Government of Delhi, Tata Power Delhi Distribution Limited (Tata Power-DDL), a power utility that supplies electricity to a population of more than 7 million in North Delhi, has forged a partnership with The Energy and Resource Institute (TERI) to encourage Urja Arpan initiative. The cooperation set sights […] Read more
KKR to Invest $400 Million in Sterlite Backed Serentica Renewables Updated On Tue, Nov 8th, 2022 by Saurenergy Kohlberg Kravis Roberts (KKR), a leading global investment firm, and Gurugram-based Serentica Renewables, a decarbonization platform that seeks to enable the energy transition by providing complex clean energy solutions for energy-intensive, hard-to-abate industries, have announced the signing of definitive agreements. Under the agreements, KKR will invest $400 million in the company. Standard Chartered Bank acted […] Read more
USA’s Triton Electric Vehicle Issues Rs 8060 Cr LoI to Bharat Electronics for Battery Packs Updated On Thu, Oct 20th, 2022 by Saurenergy Navratna Defence PSU Bharat Electronics Limited (BEL) has received a Letter of Intent (LoI) from USA-based and a subsidiary of Triton Electric Vehicle LLC electric vehicle company Triton Electric Vehicle India (TEV) for the purchase of 300 KW Li-Ion Battery Packs for its semi-truck project in India at an estimated cost of Rs. 8060 Crores. […] Read more