India, ISA Commit To Invest USD 2 Mn For Solar Projects In Four Island Nations Updated On Wed, Nov 27th, 2024 by Saurenergy Continuing with its backing for renewable energy for island nations, India recently committed to invest $2 million in new solar projects across four island states namely, Fiji, Comoros, Madagascar, and Seychelles. India announced this at the 5th Strategic Partnership Renewal Meeting in Brussels, during the 10th India-EU Foreign Policy and Security Consultations. At the meeting, […] Read more
Top 5: Largest Solar Projects in the Middle East Region Updated On Wed, Nov 27th, 2024 by Saurenergy The Middle East region is making strides in renewable energy growth as global development increasingly moves away from conventional sources of energy. Renewable energy sources, such as solar, wind, and green hydrogen, have become the new engines powering growth and development. Some of the major oil-producing countries, like the UAE and Saudi Arabia, are now […] Read more
Hero Motocorp Plans To Diversify Electric Scooters In FY25 Updated On Fri, Nov 22nd, 2024 by Saurenergy Hero Motocorp has now planned to expand its electric scooter presence in the country. It has also planned to strengthen its electric mobility segment with more launches and services, the top management of the firm told its investors, in a recent investors call. The company is now selling two electric scooter models. “ On the […] Read more
NTPC Green Floats JV To Set Up RE Projects In Andhra Pradesh Updated On Fri, Nov 22nd, 2024 by Saurenergy NTPC Green Energy Ltd. (NGEL), a subsidiary of NTPC, has entered into a joint venture (JV) with the New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to develop renewable energy projects in Andhra Pradesh. This collaboration is poised to attract an investment of ₹2,00,000 crore to the state. The JV will spearhead the […] Read more
Avaada Signs MoU To Develop 1200 MW of PSP In Rajasthan Updated On Fri, Nov 22nd, 2024 by Saurenergy Indian renewable energy conglomerate Avaada Group has entered into a Memorandum of Understanding (MoU) with the Rajasthan government to develop a 1200 MW Pumped Storage Project. The MoU, formalized between the Energy Department of the Rajasthan government and Avaada Aqua Batteries Pvt. Ltd., a subsidiary of Avaada Group marks the next chapter in Avaada’s investment […] Read more
Sungrow Ink Supply Deal For 1.7 GWh ESS To Raystech, Solar Juice In Australia Updated On Fri, Nov 22nd, 2024 by Saurenergy Sungrow, the leading global PV inverter and energy storage system provider, signed a distribution agreements with Raystech Group and Solar Juice Group. Under these agreements, Raystech Group (1GWh) and Solar Juice Group (700MWh) collaborate to distribute 1.7 GWh of Sungrow’s C&I energy storage systems over the next three years. Raystech Group can leverage its technical […] Read more
Tata Power, ADB Seal $4.25Bn Deal To Finance 966 MW RE Projects In India Updated On Fri, Nov 22nd, 2024 by Saurenergy Tata Power, an integrated power company, and the Asian Development Bank (ADB) recently signed a Memorandum of Understanding (MoU) coinciding with the ongoing Climate Conference (COP29) at Baku, Azerbaijan. This deal evaluates financing for its several projects and to enhance India’s power infrastructure, and promote renewable and clean energy. The MoU outlines the evaluation of […] Read more
Tech Investments To Slash Solar Energy Costs By Up to 60%: ISA Updated On Thu, Nov 21st, 2024 by Saurenergy Solar energy has been identified as key to bridging energy gaps in low-income countries, ensuring access for over 1 billion people globally through various grid-connected and decentralized solutions. According to a report by the International Solar Alliance (ISA), by 2050, solar adoption is projected to create over 27 million green jobs worldwide, offering significant opportunities […] Read more
Hyundai Motor, Fourth Partner Collaborate For 118 MW RE Project Updated On Thu, Nov 21st, 2024 by Saurenergy Fourth Partner Energy Private Limited (FPEL), through its Special Purpose Vehicle (SPV), FPEL Tamil Nadu (TN) Wind Farm Private Limited, recently signed Power Purchase Agreements (PPA)s with Hyundai Motors for both wind and solar power. FPEL TN Wind Farm Private Limited, an SPV created by the Telangana-based Fourth Partner Energy, aims to enhance the company’s […] Read more