Exus To Acquire 625 MW New Mexico Solar Portfolio Updated On Tue, Jan 23rd, 2024 by Saurenergy Exus North America, a renewables asset management and development firm, has announced its acquisition of New Mexico Renewable Development LLC (NMRD), a 15-project portfolio of solar farms in the state totalling 625 megawatts. The sale of the portfolio, owned 50/50 by energy holding company PNM Resources (PNM) and major utility American Electric Power (AEP), is […] Read more
Terra-Gen, Mortenson Activate Largest Solar Plus Energy Storage Project In US Updated On Tue, Jan 23rd, 2024 by Saurenergy Renewable power producer Terra-Gen and EPC firm Mortenson have announced the substantial completion and start of the Edwards & Sanborn Solar + Energy Storage project, the largest solar + storage project in the United States. Mortenson was the full engineering, procurement and construction (EPC) contractor on both the solar and energy storage scopes. This project […] Read more
PM Modi Announces Scheme To Install Rooftop Solar On 1cr Households Updated On Mon, Jan 22nd, 2024 by Saurenergy Days after the Ministry of New and Renewable Energy (MNRE) increased its subsidies for Residential Rooftop Solar, Prime Minister Narendra Modi today announced a dedicated scheme to boost the sector. Modi named the scheme ‘Pradhanmantri Suryodaya Yojana’. As per the announcement of the Prime Minister, under this scheme, the Indian government would target to install […] Read more
What Is BIPV That Generates Solar Power Without Solar Panels? Updated On Mon, Jan 22nd, 2024 by Saurenergy Building-integrated photovoltaics, also known as BIPV, is the required material that takes the panel off the roof and, puts it inside the roof itself. According to Office of Energy Efficiency and Renewable Energy (EERE), an office of the US Department of Energy, BIPV is a set of emerging solar energy applications that replace usual building […] Read more
Reliance To Build Green Energy Giga Complex Spread Across 5,000 Acres in Jamnagar Updated On Mon, Jan 22nd, 2024 by Saurenergy Reliance Industries Limited has commenced the construction of Green Energy Giga Complex in Jamnagar in western state of Gujarat. The complex is built across 5,000 acres of land in the Gujarat town, read the press release by the company. The Dhirubhai Ambani Green Energy Giga Complex will have five giga factories for Photovoltaic panels, Fuel […] Read more
MAHAPREIT, Hero Future Energies Collaborate To Develop RE Project Updated On Mon, Jan 22nd, 2024 by Saurenergy Hero Future Energies a two-wheeler manufacturing company and Maharashtra Public Sector Undertaking (PSU) MAHAPREIT have announced their collaboration for development of a renewable energy project on social media platform X. The company said, “We are excited to share that Hero Future Energies has signed a MoU with Mahatma Phule Renewable Energy and Infrastructure Technology Ltd […] Read more
Amazon’s Portfolio Can Power 7.2 million US Homes Each Year: Report Updated On Mon, Jan 22nd, 2024 by Saurenergy Amazon, a corporate company in the United States (US) invested in more than 100 new solar and wind energy projects in 2023, becoming the one of the corporate purchasers of renewable energy for the fourth year in a row. Amazon claims these investments include the company’s first brownfield project—which will repurpose a previously polluted Maryland […] Read more
IREDA Witnesses 67% Profit In Q3, Earnings Per Share Up by 57% Updated On Mon, Jan 22nd, 2024 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) recently announced its audited financial results for the third quarter of the fiscal year 2023-24. The company reported a 67% increase in profit, reaching a Profit After Tax (PAT) of ₹ 335.54 crores for the quarter. This performance is attributed to the consistent growth in the loan book […] Read more
India Has Around 32 GW of RE Projects Under Bidding Stage: RK Singh Updated On Mon, Jan 22nd, 2024 by Saurenergy Union Minister of New and Renewable Energy RK Singh said in a press conference that no country could excel without sufficient power. “The power shortage in India has come down from around 4.5% in 2014 to less than 1% today,” he said. He added, “Electricity is the most important infrastructure, which is a sine qua […] Read more
