Siemens Energy Invests $150 Mn To Address Shortage Of Transformers Updated On Thu, Feb 15th, 2024 by Saurenergy Siemens Energy plans to invest $150 million to expand operations in Charlotte, North Carolina, creating almost 600 local jobs. It said, “Today, only 20% of US large power transformer demand is met by domestic supply with lead times of up to five years. Power transformers provide the link between generation and distribution and are a […] Read more
Biden-Harris Administration Invests $60 Mn To Expand Renewable Energy Updated On Wed, Feb 14th, 2024 by Saurenergy United States (US) Department of Energy (DOE) announced the selection of three projects for which it claimed to receive up to $60 million. This project is undertaken to demonstrate the efficacy and scalability of enhanced geothermal systems (EGS). It was funded by DOE’s Geothermal Technologies Office in the Office of Energy Efficiency and Renewable Energy. […] Read more
Avangrid, Amazon Partner For 98.4 MW Wind Project In Oregon Updated On Tue, Feb 13th, 2024 by Saurenergy Avangrid, a sustainable energy company and member of the Iberdrola Group, recently announced the signing of a new power purchase agreement (PPA) with Amazon to source renewable energy from an Avangrid wind farm located in Gilliam County, Oregon. The Amazon Wind Farm Oregon – Leaning Juniper IIA will have a capacity of 98.4 MW. “We […] Read more
Solar GM Reliability Assurance_DM Updated On Thu, Feb 8th, 2024 by Saurenergy To ensure RCA & CAPA for major failures of Asset and horizontal deployment To ensure and achieve asset performance Target KPI like, Availability, LPF, MTTR, MTBF, Reliability Factor, cost of maintenance, quality of service, Revenue loss etc To monitor the actual performance parameter Vs contractual of each asset and follow up with respective OEM for […] Read more
Toyota Brings Battery Electric Vehicle Production To Kentucky Updated On Thu, Feb 8th, 2024 by Saurenergy Toyota announced a $1.3 billion investment at its Kentucky facility for future electrification efforts including assembly of an all-new, three row battery electric Sport Utility Vehicle (SUV) for the United States (US) market. The project brought the plant’s total investment to nearly $10 billion and reinforced Toyota’s commitment to high-quality vehicles and long-term job stability. […] Read more
IFC, SIMA Invest $150 mn In Green Bonds For Solar Projects In Africa Updated On Thu, Feb 8th, 2024 by Saurenergy International Financial Corporation (IFC), a member of the World Bank Group (WBG), in partnership with Social Investment Managers and Advisors LLC (SIMA Funds or SIMA) and other financiers, has reached the first close of a $150 million solar green bond, which expected to finance productive-use solar projects throughout Africa. The bond is expected to finance […] Read more
The Pushback Against China’s Dominance In Solar Manufacturing Updated On Thu, Feb 8th, 2024 by Saurenergy Close on the heels of the European Solar Manufacturing Council (ESMC) virtually putting up its hands on the future of solar manufacturers in the continent comes news of US senators urging the Biden Administration to take action against ‘cheap” Chinese imports as well. The same Chinese imports have actually made solar more accessible and viable […] Read more
India Established 7,432 EV Charging Stations Under FAME II: Minister Updated On Tue, Feb 6th, 2024 by Saurenergy Minister of State For Heavy Industries Krishan Pal Gurjar, in a written reply before the Parliament, shared details on the amount given to the Electric Vehicle (EV) manufacturers under Faster Adoption and Manufacturing (FAME-II) for Hybrid Electric Vehicles. “Rs. 5790 crores were given to electric vehicle manufacturers on sale of 13,41,459 EV under Phase II […] Read more
Finnish New WaveRoller Technology Contributes To EU RE Capacity Updated On Fri, Feb 2nd, 2024 by Saurenergy Finnish enterprise AW-Energy has recently successfully developed a wave farm project that converts ocean wave energy to electricity through WaveRoller technology. The machine operates in near-shore areas (approximately 0.3-2 km from the shore) at depths of between 8 and 20 meters. The commission mentions about the waveroller technology, “Depending on tidal conditions, it’s mostly or […] Read more