Germany’s Kfw, India’s SBI Ink EUR 150 million Pact for Solar Projects Updated On Fri, Nov 11th, 2022 by Saurenergy A financing arrangement for 150 million EUROS (EUR) has been reached by Kreditanstalt für Wiederaufbau (KfW) and the State Bank of India (SBI) to fund solar projects in India. Germany-based KfW finances investments and reform initiatives in a wide variety of sectors, including water supply, energy, and financial systems development. For the German Federal Ministry […] Read more
IEA Report: Advancing Decarbonisation Through Clean Electricity Procurement Updated On Thu, Nov 10th, 2022 by Saurenergy A study entitled “Advancing Decarbonisation through Clean Electricity Procurement” has been released by the IEA (International Energy Agency). In recent years, a lot more businesses have made commitments to use clean energy, and many of them have set specific targets to satisfy all or part of their electrical needs with clean energy. These objectives may […] Read more
German Grid Operator Awards Ostwind 3 Offshore Substation Contract to Multi Party JV Updated On Wed, Nov 2nd, 2022 by Saurenergy 50Hertz – the German offshore transmission system operator (TSO) – has asked a joint venture comprising HSM Offshore Energy, Smulders, and Iv-Offshore & Energy for the development of an offshore high voltage substation called ‘Ostwind 3’ that would lie in the Baltic Sea. The purpose of Ostwind 3 is to connect the 300 MW Windanker […] Read more
Hitachi Energy Wins NTPC REL Contract for Supplying Transformers Updated On Tue, Oct 25th, 2022 by Saurenergy Hitachi Energy India has revealed that it has bagged a contract by NTPC Renewable Energy (NTPC REL), which is a wholly owned subsidiary of NTPC. Under the contract, Hitachi will supply power transformers to NTPC for its 4.75 GW renewable energy park in the offing in Gujarat. This will be part of India’s largest solar […] Read more
Tata Motors, Tata Power to Install 7 MW Solar Plant at Pantnagar Factory Updated On Tue, Oct 18th, 2022 by Saurenergy The two companies of the Tata Group – Tata Motors and Tata Power – have announced that they have entered into a Power Purchase Agreement (PPA) for the development of a 7 MW captive solar power project at its Pantnagar plant in Uttarakhand. According to the company, this installation is collectively expected to generate 215 […] Read more
Cummins to Build Gigawatt Electrolyzer Manufacturing Facility in Spain Updated On Fri, Oct 14th, 2022 by Saurenergy The US-based power technology provider Cummins Inc. has said that it will soon start building its new gigawatt electrolyzer manufacturing plant in Guadalajara, Castilla-La Mancha, Spain to expanding the green hydrogen economy in Europe and globally. In 2021, Cummins had selected Spain as the site of a new proton exchange membrane (PEM) electrolyzer plant. Earlier […] Read more
The Top 5: Factors Affecting The Price Of Solar Power Updated On Mon, Oct 10th, 2022 by Saurenergy Solar energy has grown exponentially in recent years thanks to the global trend of developing low or zero-emission energy. Clocking exponential growth, solar is on the verge of entering a new era of Terawatt solar. SolarPower Europe’s latest Global Market Outlook reveals that worldwide, global solar capacity doubled in 3 years from 2018, bringing the […] Read more
High Energy Prices Could Trip Up European Solar Manufacturing Plans-Rystad Updated On Mon, Oct 10th, 2022 by Saurenergy Energy Research Agency Rystad Energy has warned that record high electricity prices across Europe are damaging the continent’s attempts to build a reliable low-carbon supply chain and reach its decarbonization targets, as solar and battery manufacturers face mounting costs. The warning comes even as renewable power producers in the continent have pushed for keeping the […] Read more
GoodWe Expands Phase II Manufacturing Base, Capacity Upto 30 GW Now Updated On Sat, Oct 8th, 2022 by Saurenergy China-based Global Inverter player GoodWe has expanded its production capacity to 30 GW, post the inauguration of its manufacturing expansion at Guangde, Anhui province of China. For GoodWe, which enjoys leadership in the storage inverter space the expansion follows the strong growth and success it has had worldwide for its products, enabling the firm to […] Read more
