Maharashtra & Gogoro to Partner on $1.5 Billion Ultra Mega Project Updated On Fri, Jun 30th, 2023 by Saurenergy The Maharashtra government presented Gogoro Inc. with an offer letter to enter into an ‘Ultra Mega Project’ agreement to manufacture vehicles, smart battery packs, and battery swap stations, and deploy an open and accessible battery swapping infrastructure in the State beginning late 2023. The announcement was made by Maharashtra Chief Minister Eknath Shinde. The initiative […] Read more
Ethiopia & China Establish Joint Research Centre to Spur RE Development in Ethiopia Updated On Tue, Jun 27th, 2023 by Saurenergy China and Ethiopia have launched a joint research and extension centre supported by the United Nations Development Programme (UNDP) to fast-track renewable energy development in Ethiopia, a country situated in the Horn of Africa. The Joint Research and Extension Center is expected to serve as a research, training and demonstration platform to enhance the capacity […] Read more
US Proposal For Fee Reduction for Wind and Solar Energy on Federal Lands Updated On Fri, Jun 16th, 2023 by Saurenergy The Biden administration unveiled a new proposal on Thursday to formalize a significant project fee reduction for wind and solar energy developments on federal lands. The regulation aims to boost renewable energy deployment as part of the administration’s strategy to combat climate change. Last year, the US Bureau of Land Management (BLM), a division of […] Read more
DOE Unveils $135 Million Investment to Propel Industrial Decarbonization in America Updated On Fri, Jun 16th, 2023 by Saurenergy The U.S. Department of Energy (DOE) has announced a substantial investment of $135 million in 40 projects aimed at industrial decarbonization, crucial in driving the nation towards a net-zero emissions economy by 2050. By advancing transformative and innovative technologies, these projects will play a significant role in decarbonizing the U.S. industrial sector. “America’s industrial sector […] Read more
UK Allocates £4.3 Mn Funding to Advance Space-Based Solar Power Updated On Tue, Jun 13th, 2023 by Saurenergy The UK government has allocated £4.3 million in funding to universities and tech companies to drive the development of space-based solar power. While the concept of commercial power stations in space may seem futuristic, the space industry has long been at the forefront of solar power advancements. As part of the government’s space-based solar power […] Read more
Cheaper Than Imports? US Counts On Inflation Reduction Act To Galvanise RE Manufacturing Updated On Tue, Jun 13th, 2023 by Saurenergy Researchers at Dartmouth and Princeton released a report on the estimated impacts the Inflation Reduction Act will have on the US wind and solar industry, including changes in wind and solar manufacturing, labor standards for clean energy workers, job creation, and demand for materials. Specifically, the report explores the impacts of the law’s clean electricity production and investment […] Read more
AES Corporation Acquires USA’s Largest Permitted Solar Plus Storage Project of 2 GW Updated On Thu, Jun 8th, 2023 by Saurenergy The Bellefield project, which is the largest permitted solar project with storage in the USA, has been sold to The AES Corporation by Avantus. The Bellefield project established in Kern County, California, boasts of a cumulative 1 GW of solar and up to 1 GW of energy storage across two phases. A Power Purchase Agreement […] Read more
Intersect Power Brings 415 MWp Radian Solar Online Updated On Wed, Jun 7th, 2023 by Saurenergy US-based clean energy firm Intersect Power has announced the commercial operation of its Radian solar project in Texas that is expected to supply green energy to more than 114,000 homes. As per the official statement by Intersect Power, the Radian solar project has used First Solar panels and created more than half a thousand jobs […] Read more
Lightsource bp Secures $460 Million For 368-MW Utility Scale Solar Projects Updated On Fri, Jun 2nd, 2023 by Saurenergy Global renewable energy firm Lightsource bp has closed on a $460 million multi-project financing package, which will support the construction and operation of a 368 MW portfolio. This RE portfolio comprised of two utility-scale solar projects in the United States. The debt for this project has been managed by Bank of America, ING Capital, Lloyds […] Read more