2023: Onshore Wind Struggles With Permits, Grid Issues: Report Updated On Thu, Aug 29th, 2024 by Saurenergy According to a recent report by energy research body– BloombergNEF (BNEF), the global transition towards clean electricity has reached new milestones, with wind and solar contributing 13.9% which is reported to reach a new record high. Additionally, a pair of new reports and findings from two reports published by BNEF: Power Transition Trends 2024, and […] Read more
Extended Wait Ahead For Any Price Drops In Solar, Wind Updated On Wed, Aug 28th, 2024 by Saurenergy If you track India’s renewable sector, you couldn’t have failed to notice the seeming exuberance in recent months. Amplified by the soaring valuations of listed firms on the country’s stock exchanges, at SaurEnergy, we have tracked how a basket of ‘green energy’ stocks we track has grown over 120% in value over a year. This […] Read more
SBI Caps Report Sees Avenues For Banks In Indian Solar Manufacturing Sector Updated On Tue, Aug 27th, 2024 by Saurenergy A recent report by SBI Caps has indicated new avenues for the formal banks in the country for financing solar module manufacturing projects. Bolstered with the expected rise in the production of solar cells, solar modules and other backward integration by domestic players, the report talked about a likely chance of increased participation of banks […] Read more
ZF Wind Power Coimbatore Rolls Out 50 GW Wind Gearboxes Updated On Tue, Aug 27th, 2024 by Saurenergy ZF Wind Power, a technology-driven manufacturer and service partner in the global wind turbine gearbox industry, has achieved a total production capacity of 50 GW of gearboxes at its manufacturing facility in Coimbatore, India. The ZF Wind Power plant in Coimbatore is one of the largest wind gearbox production facilities in the world outside of […] Read more
Mergence, Solarise Africa Invest R160 Million In South Africa Updated On Tue, Aug 27th, 2024 by Saurenergy Solarise Africa, an Energy-as-a-Service company, has announced a strategic partnership with Mergence Investment Managers, securing an R160 million investment to expand Commercial & Industrial (C&I) renewable energy solutions across South Africa. The introduction of local debt and a mezzanine facility will enhance the company’s ability to increase its industry presence and impact renewable energy adoption. […] Read more
Adani Power Debuts In Middle East, Sets Up Subsidiary At Abu Dhabi Updated On Tue, Aug 27th, 2024 by Saurenergy Adani Power Limited has established a new wholly-owned subsidiary, Adani Power Middle East Ltd., in Abu Dhabi, United Arab Emirates, following its expansion into Singapore. The company informed the exchange that Adani Power Middle East Ltd. will focus on investments in power, infrastructure, and related industries. The subsidiary has an authorized share capital of $27,000, […] Read more
Canada Imposes Surcharges Against Imports Of Chinese EVs Updated On Tue, Aug 27th, 2024 by Saurenergy After the United States (US), and European Union (EU), the Canadian government has now implemented new measures to protect its workers and key economic sectors from unfair Chinese trade practices while supporting job creation in the electric vehicle (EV) supply chain. Canada’s steel and aluminum sectors have supported over 130,000 jobs nationwide. However, Canadian auto […] Read more
TrinaTracker Expands Presence in Latin America’s Solar Market Updated On Tue, Aug 27th, 2024 by Saurenergy With the growing trend of large centralized power generation projects in Brazil, TrinaTracker, a global provider of smart tracker solutions, has strengthened its foothold in the region. According to global energy data analyst Wood Mackenzie, TrinaTracker ranked third in solar tracker shipments to Latin America last year. In 2023, TrinaTracker, a division of Trina Solar […] Read more
MeyerBurger Drops US Cell Manaufacturing Plans Citing Viability Updated On Tue, Aug 27th, 2024 by Saurenergy In a development that seemed to surprise some, Swiss solar manufacturer Meyer Burger announced on August 26 that it was suspending planned construction of a silicon solar cell production facility in Colorado Springs, Colorado. Meyer Burger cited financial viability as a reason for the decision. The company had first announced plans for a cell factory […] Read more
