IRENA Invites RE Developers to Register Projects on Investment Platform Updated On Tue, Mar 17th, 2020 by Saurenergy IRENA is calling for renewable energy project developers to register suitable projects via a purpose-built portal organised around 14 regional clusters. A landmark initiative launched by a coalition of intergovernmental partners during the UN Climate Action Summit in September 2019, has now entered an operational phase. The International Renewable Energy Agency’s (IRENA) contribution to the […] Read more
Amazon Announces 4 new Wind, Solar Projects in Australia, Europe and US Updated On Mon, Mar 16th, 2020 by Saurenergy Amazon has announced four new wind and solar power projects in Australia, Spain, Sweden, and the US, worth a combined 300 MW capacity E-commerce major Amazon has announced four new renewable energy – wind and solar power projects in Australia, Spain, Sweden, and the US that further support its commitment to reach 80 percent renewable […] Read more
ReneSola Crosses 20 GW Solar Modules Shipment Mark Updated On Mon, Mar 16th, 2020 by Saurenergy ReneSola has crossed the 20 GW modules shipment milestone, with the last shipment supplied to a solar PV project in southern Brazil in December 2019. ReneSola, a leading global brand of Solar PV Modules, has officially announced that it has crossed the 20 GW shipment milestone, which demonstrates the firms’ capabilities, scale and sustainable efforts […] Read more
Sterlite Power Completes Sale of Novo Estado Project to ENGIE’s Brazilian Arm Updated On Thu, Mar 12th, 2020 by Saurenergy One of the leading global developers in the power transmission space Sterlite Power has successfully completed the sale of its Novo Estado project in Brazil to French multinational electric utility company ENGIE’s arm in Brazil. The Vedanta Group company, Sterlite Power, has informed that, the sale process of Sterlite Novo Estado Energia S.A. (Novo Estado) […] Read more
Made In India. Is Change Coming Soon from China? Updated On Mon, Mar 2nd, 2020 by Saurenergy In the 2020 Union Budget, the Finance Minister made a not so subtle pitch for ‘Assemble In India’, even as the focus on Made in India continued. For India’s solar sector, the issue has never been more urgent, with over 80 percent of equipment imports from China. The Economic Survey, which precedes the budget by […] Read more
Behind China’s Energy Transition-Huanghe Hydro’s Solar Shift Updated On Wed, Feb 26th, 2020 by Saurenergy As the energy transition picks pace, traditional energy firms worldwide have struggled to adapt. While the fossil fuel global majors have barely done a little better than actually resisting change, some others have been adapting, quietly. Be it India’s thermal giant NTPC with its plan to add 10 GW renewables generation capacity by 2024, or […] Read more
The Perfect Storm 2020 Updated On Tue, Feb 25th, 2020 by Saurenergy Problems demanding solutions are piling up. How will India’s solar sector save 2020? Budget 2020, which carried the hopes of many leaders in the solar sector, has finally come and gone. Even as industry welcomed it with the usual platitudes of ‘good intent’, ‘long term planning’ and praise for the ‘higher allocation’ for renewable energy, […] Read more
LG Chem to be Exclusive Supplier of EV Batteries for US-Based Lucid Motors Updated On Tue, Feb 25th, 2020 by Saurenergy LG Chem has signed an agreement with EV maker Lucid Motors to exclusively supply next-generation cylindrical batteries for EVs until 2023. LG Chem has signed an agreement with electric vehicle (EV) maker Lucid Motors to exclusively supply next-generation cylindrical batteries for EVs from the second half of this year until 2023. The South Korean EV battery […] Read more
EESL Successfully Completes 10 Yrs; Aims to Become Rs 10k Cr Co in 3 Yrs Updated On Mon, Feb 24th, 2020 by Saurenergy Government-backed Energy Efficiency Services Limited (EESL) has now completed 10 years of scaling up energy efficiency programmes in India and globally. With its rapid growth, the company now aims to become Rs 10,000-crore company in next three years. EESL was established in 2009 to unlock the potential of energy efficiency. It’s implemented initiatives have cumulatively […] Read more
