Hyundai, Georgia Tech To Invest $12.6bn To Boost Electric Mobility Updated On Wed, Sep 20th, 2023 by Saurenergy Georgia Tech and Hyundai Motor Group have signed a Memorandum of Understanding (MoU) to collaborate on research and applications to support the future of sustainable mobility, including developing a hydrogen economy, workforce development, and making cities smarter and more sustainable, among many other areas of cooperation. The group is investing $12.6 billion in Georgia’s new […] Read more
Trina Solar To Set Up US Plant To Hedge Against Tariff Risks Updated On Mon, Sep 18th, 2023 by Saurenergy Trina Solar, which has come off a record H1 in revenues and profits, has decided to spend USD200 million on a solar panel plant in Texas, the United States. The move comes even as Chinese firms remain embroiled in tariff related issues for sales in the US, a key export market. Earlier, Trina has also […] Read more
Zetwerk-owned Unimacts In Supply Deal With Nextracker With New US Plant Updated On Thu, Sep 14th, 2023 by Saurenergy US based Unimacts, which was recently acquired by Indian Infrastructure supplies unicorn Zetwerk, has entered a deal with Nextracker, a leading solar tracker and software solutions firm. A leading provider of industrial manufacturing and supply chain solutions, the new plant was opened at a Nextracker-dedicated manufacturing facility in Las Vegas. As SaurEnergy reported last week, […] Read more
Djibouti Launches Maiden Wind Farm with 60 MW Capacity Updated On Tue, Sep 12th, 2023 by Saurenergy Djibouti, located on the Horn of Africa, has launched its maiden wind farm- the 60 MW Red Sea Power (RSP) project. This is the key international investment in Djibouti’s energy. The project, valued at US$122 million, has put in place Djobouti’s first Independent Power Producer (IPP). The investors responsible for the said project are mulling […] Read more
Energy Storage in Focus in US as Multiple Firms Secure Support Updated On Mon, Sep 11th, 2023 by Saurenergy The US is witnessing a boom in solar manufacturing and energy storage projects with the announcement of the Inflation Reduction Act. The past week was also marked by news on key energy storage projects. Project Financing Among these, a major news coming in was of Nevada-based American Battery Technology Co., a battery materials firm, that […] Read more
WattPower Starts Solar Inverter Factory In Chennai With 10GW Capacity Updated On Thu, Sep 7th, 2023 by Saurenergy Renewable solutions firm Wattpower has now started a string inverter factory in Tamil Nadu. The company claimed that the plant in the southern Indian state would produce solar inverters to aid the growth of the renewable energy sector in the country. The company has planned to produce solar inverters with 10GW capacity. As per the […] Read more
India On A Right Track Towards Net-Zero But Need Finances: Report Updated On Wed, Sep 6th, 2023 by Saurenergy A new report by Brusels-based think tank Strategic Perspectives compared the performance of five major economies- US, China, EU, India and Japan on zero carbon technologies. The report compared the performance of these five major economies on manufacturing, deployment and investment in key decarbonization technologies like renewable energy, and electric vehicles (EVs), as well as the […] Read more
Largest Procurement Effort for US Community Solar as Nexamp Orders 1.5 GW Solar Modules Updated On Fri, Sep 1st, 2023 by Saurenergy In what is touted as the largest procurement initiative for community solar in US, Boston’s community solar developer, Nexamp, has placed an order worth 1.5 GW of solar modules from Heliene, a manufacturer of solar photovoltaic modules in American and Canadian facilities “A solar order of this size is without precedent and comes at a […] Read more
Google & Apex Clean Energy Join Forces for Timbermill Wind Project of 189 MW Capacity Updated On Fri, Sep 1st, 2023 by Saurenergy US-based firm, Apex Clean Energy, which delves into the origination, commercialization, construction, and operation of utility-scale wind energy facilities has joined hands with Google for 189 MW worth of capacity for the Timbermill Wind project. The wind project will be established in North Carolina, USA. The said wind project will aid Google, which is eyeing carbon-free […] Read more
