REC Avails 60.5 Billion Yen Green Loan Backed By Italy’s SACE Updated On Fri, Apr 26th, 2024 by Saurenergy REC Limited, recently availed 60.536 billion a green loan in Japanese Yen (JPY) to finance eligible green projects in India. The green loan facility benefits from an 80% guarantee by the Italian Export Credit Agency, SACE (Italy) under their innovative “Push Strategy program”. This arrangement between an Indian government entity REC and SACE an Italian […] Read more
IEA Forecasts 40% Drop In Battery Storage Costs By 2030 Updated On Fri, Apr 26th, 2024 by Saurenergy International Energy Agency’s (IEA) recent report on the use of batteries in electric vehicles (EVs) and battery storage installations has shown that developer costs of batteries will decline by 40% by 2030. The report was prepared after studying the use of solar PV plus batteries and found the total upfront costs of utility-scale battery storage […] Read more
US Department of Energy Allocates $48 Million For Offshore Wind Projects Updated On Fri, Apr 26th, 2024 by Saurenergy The U.S. Department of Energy’s Wind Energy Technologies Office (WETO) announced it intends to issue a Funding Opportunity Announcement (FOA) entitled “Offshore Wind National and Regional Research and Development.” This opportunity will fund $48 million of projects that address several major areas of need for offshore wind, including accelerating research and development of offshore wind […] Read more
US Solar Manufacturers File Case Against China’s Alleged Illegal Trade Practices In SE Asia Updated On Thu, Apr 25th, 2024 by Saurenergy American Alliance for Solar Manufacturing Trade Committee of US solar manufacturers represented by DC law firm Wiley Rein LLP, filed a set of antidumping and countervailing duty petitions with the US International Trade Commission (USITC) and the US Department of commerce. The companies subject to this investigation would be primarily Chinese-headquartered companies. The move comes […] Read more
GameChange Solar Secures 500 MW+ Solar Projects In S. Africa Updated On Wed, Apr 24th, 2024 by Saurenergy GameChange Solar, a global supplier of solar tracking solutions for ground-mounted PV plants, was selected to supply its Genius Tracker™ solar trackers for four new solar projects of over 500 megawatts (MW) in Southern Africa. These projects are strategically positioned to enhance energy supply across the region, supporting the diversification of the energy mix to […] Read more
GWEC Elected Girish Tanti Vice-Chair Of Board At Abu Dhabi Updated On Tue, Apr 23rd, 2024 by Saurenergy Girish Tanti, Vice Chairman of the Suzlon Group, has been elected Vice-Chair of the Global Wind Energy Council (GWEC) at the annual board meeting, held in Abu Dhabi this year. With nearly 30 years of global renewables business experience, he has lived and worked across Europe, USA and Asia. As co-founder of Suzlon, he incubated […] Read more
Premier Energies To Seek Rs 1500 Crore In IPO Soon Updated On Mon, Apr 22nd, 2024 by Saurenergy Premier Energies Limited, India’s second largest integrated solar cell and solar module manufacturer (in terms of annual installed capacity of 2 GW and 3.36 GW, respectively as per a Frost & Sullivan Report), as of March 31, 2024, has filed the draft red herring prospectus (DRHP) with capital markets regulator, SEBI to raise more than […] Read more
5 Ways The World Will Change As Renewable Energy Gains Share Updated On Mon, Apr 22nd, 2024 by Saurenergy Sometimes, it’s good to see a little further into the future than just the next few months, or even a year. At SaurEnergy, with the privilege we have in terms of access to and feedback from so many experts, it is clear that change is afoot. While those impatient for much more will probably disagree, […] Read more
Charging Firms, Energy Companies To Create UPI-Like Network for EV Charging Updated On Fri, Apr 19th, 2024 by Saurenergy Twenty Energy companies have come together to create an Alliance for an open energy network called the Unified Energy Interface (UEI). This UPI-like system is aimed at facilitating seamless payment and transaction interoperability within EV charging networks. The Alliance includes member companies like ChargeZone, Pulse Energy, Kazam, Sheru, Trinity, Turbo, etc. Leading public policy think […] Read more
