JinkoSolar Subsidiary to Build 56 GW Factory in China Updated On Thu, May 25th, 2023 by Saurenergy JinkoSolar Holding Co, a Chinese solar module manufacturer, has announced that its majority-owned principal operating subsidiary, Jinko Solar (Jiangxi Jinko), has entered into an investment framework agreement with the Management Committee of Transformation Comprehensive Reform Demonstration Zone of Shanxi Province. JinkoSolar said that the under the terms of agreement, it will establish an integrated project […] Read more
Iberdrola to Supply 250 GWh of Renewable Energy to Holcim Every Year Updated On Thu, May 25th, 2023 by Saurenergy Spanish energy conglomerate Iberdrola and sustainable building solutions provider Holcim have signed a major new clean energy PPA under which Iberdrola will provide Holcim with 250 GWh of renewable energy per year from its Baltic Eagle offshore windfarm in Germany. The two firms have also agreed to work together on a wide range of further […] Read more
Pharma Firm Sami-Sabinsa Procures Solar Power for Karnataka Operations from O2 Power Updated On Thu, May 25th, 2023 by Saurenergy Pharma player Sami-Sabinsa Group has signed a long-term mutual agreement with clean energy major O2 Renewable Energy for the purchase of 150 million units (MU) of renewable power over a 25-year period. Sami-Sabinsa is a research-oriented firm that uses sustainable nutraceutical/ cosmeceutical ingredients. O2 Renewable Energy is a subsidiary of Singapore-based renewable energy developer O2 […] Read more
Sterlite Copper to Source 16 MW Hybrid Renewable Power from Serentica Renewables Updated On Thu, May 25th, 2023 by Saurenergy A power delivery agreement (PDA) has been signed between Serentica Renewables India Pvt (SRIPL) and Sterlite Copper, a subsidiary of Vedanta. The agreement paves the way for Sterlite Copper to source hybrid renewable power of 16 MW capacity for its copper operations in Silvassa. The hybrid project will be established on a captive model. It […] Read more
Wood Mackenzie: China’s Solar Exports Boom 64% In 2022 Despite Global Trade Tensions Updated On Wed, May 24th, 2023 by Saurenergy A new report from Wood Mackenzie has revealed that solar exports of China grew 64% to $52 billion in 2022 despite global trade tensions. Wood Mackenzie research director Alex Whitworth held that trade tensions have taken a back seat to high power prices driven by the energy crisis, and this is causing consumers and developers […] Read more
India & Australia Forge Partnership for Green Hydrogen Taskforce Updated On Wed, May 24th, 2023 by Saurenergy A new Green Hydrogen Taskforce will see an exchange of ideas and expertise between India and Australia. Indian Prime Minister Narendra Modi and Australian counterpart Anthony Albanese have entered into an agreement to propel forward efforts on Green Hydrogen in unison. “The task force will comprise Australian and Indian experts in renewable hydrogen and report […] Read more
GE Vernova Invests $50 Million To Develop 6.1 MW Turbines Updated On Tue, May 23rd, 2023 by Saurenergy As wind energy progresses in North America, GE Vernova is going to invest $50 million at its Schenectady facility in New York as the site will assemble three key components for GE Vernova’s 6.1 MW turbine. In addition, GE Vernova said it would hire 200 new skilled union operators, manufacturing engineers, and front-line leadership to […] Read more
Scout Clean Energy Sells 199 MW Oklahoma Wind Farm to Evergy Updated On Tue, May 23rd, 2023 by Saurenergy Colorado-based renewable energy developer-owner-operator Scout Clean Energy has announced that it, along with its joint venture partner Elawan Energy sold the 199-megawatt (MW) Persimmon Creek Wind Farm to Evergy Inc. The wind energy farm lies in western Oklahoma. Michael Rucker, CEO and founder of Scout Clean Energy, said, “The Persimmon Creek Wind Farm has proven […] Read more
Waaree Renewables Doubles Q4 Net Profit; FY23 Net Profit Fivefold Updated On Tue, May 23rd, 2023 by Saurenergy Waaree Renewables Technology Ltd (WRTL) has announced its financial results for the last quarter and full year FY-2023. The company declared a consolidated net profit of Rs 12.3 crore in the March 2023 quarter marking an 81% increase year-on-year. Waaree also reported a revenue of Rs 351 crore in the full financial year 2023, which […] Read more
