Meyer Burger Expands ‘Made in USA’ Solar Cells with 2 GW Colorado Springs Facility Updated On Tue, Jul 25th, 2023 by Saurenergy Switzerland-based heterojunction solar panel maker Meyer Burger Technology AG recently unveiled plans to set up a high-performance solar cell manufacturing facility in Colorado Springs, Colorado. The establishment will have an initial production capacity of 2 gigawatts (GW) of solar cells per year. Meyer Burger intends to use solar cells manufactured in the new plant exclusively […] Read more
Waaree Renewable Technologies Reports Revenue of INR 129 Cr in Q1FY24 with 35.7% Surge YoY Updated On Mon, Jul 24th, 2023 by Saurenergy Waaree Renewable Technologies Limited, the solar EPC subsidiary of Waaree Group and a solar developer that finances, constructs, owns and operates solar projects, has reported its unaudited financial results for the quarter ending June 30, 2023. In Rs Cr Q1FY24 Q1FY23 Y-o-Y Change Revenue 128.9 95.0 35.7% EBITDA 16.0 13.1 22.4% EBITDA Margin 12.4% 13.7% […] Read more
As MoUs Worth Lakhs OF Crores Are Announced By PFC, REC, Hopes Rise Updated On Mon, Jul 24th, 2023 by Saurenergy The Central government’s power project financing arms, PFC and its subsidiary REC, have made a slew of green funding announcements recently. In total, the NBFCs Power Finance Corporation Ltd (PFC) and REC Ltd have signed agreements worth ₹5 lakh to fund projects of major green energy firms. While the PFC signed pacts worth ₹2.37 lakh […] Read more
Govt Commissioned 11 Out of 50 Sanctioned Solar Parks in India: Govt Updated On Fri, Jul 21st, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) claimed it had commissioned 11 out of India’s 50 sanctioned solar parks. These solar parks were constructed under the Ministry’s scheme named ‘development of solar parks and ultra mega solar power projects.’ Union MNRE Minister RK Singh, in his written reply to a question before the Lok […] Read more
ISA announces Twenty Winners of SolarX Startup Challenge Updated On Fri, Jul 21st, 2023 by Saurenergy At a side-event of the G20 Energy Transitions Working Group meeting in Goa, the International Solar Alliance (ISA), announced the 20 winners of its SolarX Startup Challenge. 20 companies from 10 African countries were declared winners, who will work to increase solar deployment in the Africa Region. Out of the 20 winning companies, seven are […] Read more
O2 Power Steps up Supply to Dr. Reddy’s Laboratories with 17.82 MW Solar, 27 MW Wind Updated On Thu, Jul 20th, 2023 by Saurenergy Renewable energy platform, O2 Power has stepped up its renewable energy agreement with Dr. Reddy’s Laboratories, a leading multinational pharmaceutical firm. The initial agreement paved the way for the supply of 15 MW of renewable power from O2 Power’s plants in Telangana. This has now been augmented to an additional 17.82 MW of solar capacity […] Read more
Five Ways Indian Railways Plans To Go Net-Zero By 2030 Updated On Thu, Jul 20th, 2023 by Saurenergy Indian Railways has one of the largest networks of rail lines in the world. In the last few decades, it successfully transformed from diesel to electric engines. The major source of transport and freight services in the country now is another fuel transition phase. Slowly, the Indian government entity is moving away from diesel […] Read more
Tata Sons To Invest £4bn To Build A 40GW Battery Cell Gigafactory In UK Updated On Thu, Jul 20th, 2023 by Saurenergy Tata Sons, the principal investment holding firm and promoter of Tata companies has now planned to build a 40 Gigawatt (GW) battery cell gigafactory in the United Kingdom (UK). It has also planned to infuse an investment of around £4 billion. The firm said that it would deliver electric mobility and renewable energy storage solutions […] Read more
CERC Grants Additional Time To HPX To Meet Min Net Worth Norm Updated On Mon, Jul 17th, 2023 by Saurenergy The Central Electricity Regulatory Authority (CERC), in its latest order, granted the Hindustan Power Exchange Limited (HPX) additional time to meet the minimum net worth norm. HPX is one of the few operational power exchanges in India. As per the CERC (Power Market) Regulations 2021, these power exchanges are bound to meet the minimum net worth […] Read more
