ACWA Power to Build $7.5 bn Worth Renewable Energy Projects & BESS in Uzbekistan Updated On Tue, Mar 21st, 2023 by Saurenergy Saudi renewables developer ACWA Power has inked three PPAs and investment agreements with Joint-Stock Company (JSC) National Electric Grid of Uzbekistan (NEGU) and Ministry of Investment, Industry and Trade of Uzbekistan. Under the agreements, ACWA Power will develop three solar PV projects in Tashkent and Samarkand. It will also build three Battery Energy Storage Systems […] Read more
Battery Smart FY22 Revenues at Rs 7.95 Crore, Stations Cross 500 Mark Updated On Tue, Mar 21st, 2023 by Saurenergy Backed by some strong investor backing, three year old EV battery swapping solution provider Battery Smart finally hit its straps in the last financial year. Battery Smart’s revenue from operations jumped to Rs 7.95 crore during the fiscal year ending March 2022 from Rs 18 lakh in FY21, as per the consolidated annual financial statement […] Read more
SEG Solar Acquires 2 GW Solar Module Facility in Texas Updated On Mon, Mar 20th, 2023 by Saurenergy California headquartered SEG Solar (SEG) has announced that it has closed on the acquisition of a manufacturing facility in Houston, Texas, USA. As per SEG Solar, this facility is capable of producing more than 2 GW of photovoltaic (PV) modules annually. SEG Solar said that the plant consists of approximately 145,000 square feet of manufacturing […] Read more
Sterlite Power Bags Green Energy Transmission Project in Rajasthan Updated On Fri, Mar 17th, 2023 by Saurenergy Private sector power transmission infrastructure developer and solutions provider across India and Brazil, Sterlite Power, has bagged a transmission project for evacuation of power from Renewable Energy Zones in Rajasthan. These are under Phase-III Part G. Sterlite Power won the project through the bidding process via tariff-based competitive bidding (TBCB). The firm received the Letter […] Read more
“Penetration In MSME Low, Market Untapped for Solar Rooftop Plant Developers,” Vikas Agarwal, Credit Fair Updated On Fri, Mar 17th, 2023 by Saurenergy With a transition in power consumption patterns worldwide due to climate change and the limitation of fossil fuels, the importance of green sources such as solar energy has increased significantly in the past few years. However, the initial installation cost often is a significant limitation for the widespread adoption of solar technology in residential and […] Read more
With An Aim Of 40% Domestic Sourcing By 2030, European Commission Announces Net Zero Industry Act Updated On Fri, Mar 17th, 2023 by Saurenergy Following the Inflation Reduction Act in the US, India’s own PLI schemes and the Basic Customs Duty on Solar Imports, the European Commission is set to erect some protectionist fences at its borders too. Under the European Commission’s (EC) proposed Net Zero Industry Act, which seeks to accelerate the decarbonisation of the energy sector in […] Read more
Assam Cabinet Approves 620 MW of Green Power Projects Updated On Fri, Mar 17th, 2023 by Saurenergy In a bid to give a major push to the renewable energy sector in the state, the Assam Cabinet has given green signal to the implementation of green power projects. In a fresh move, the Assam cabinet approved green energy projects having cumulative capacity 620 MW to be developed in Assam. The decision was taken, […] Read more
Ørsted Acquires 160 MW Irish Solar Project ‘Garrenleen’ Updated On Fri, Mar 17th, 2023 by Saurenergy Ørsted has announced the acquisition of 160-MW capacity Irish solar project Garrenleen from RE conglomerate Terra Solar. It’s the second solar project of Ørsted in Ireland and will be able to power up to 56,000 households annually. This is also expected to be one of the largest solar farms in the country. Subject to Ørsted’s […] Read more
LONGi Plans 5 GW Manufacturing Facility in Ohio, USA Updated On Thu, Mar 16th, 2023 by Saurenergy Solar PV maker LONGi has planned to come up with a solar manufacturing facility in the Ohio state of the USA. The firm will collaborate with solar developer and operator Invenergy that will invest more than $600 million in the project. As per LONGi, the project will give a boost to the domestic renewable energy […] Read more
