Cabinet Approves Viability Gap Funding For Offshore Wind Updated On Thu, Jun 20th, 2024 by Saurenergy The Indian Union Cabinet chaired by Prime Minister Narendra Modi recently approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects. The total outlay of the scheme stood at Rs 7,453 crore. The fund included an outlay of Rs 6,853 crore for the installation and commissioning of 1 GW of offshore wind energy […] Read more
RMI Foresees Cleantech To Drive 10% Of Global GDP Growth Updated On Wed, Jun 19th, 2024 by Saurenergy The Rocky Mountain Institute (RMI), a US-based research organization, has recently published a report forecasting significant growth in the cleantech sector. According to the report, solar energy installations are expected to reach 1,000 GW annually, accompanied by sales of 6,000 GWh of batteries per year. These advancements are crucial in achieving the sector’s goal of […] Read more
US Set To See New 5GW Solar Module & Cell Manufacturing Plant Updated On Fri, Jun 14th, 2024 by Saurenergy Dean Solon, a pioneer in the renewables sector and the Founder, CEO and President of Create Energy, together with Hamlet Tunyan, CEO of RECOM Technologies announced the launch of ‘ReCreate’. This new venture aims to establish a state-of-the-art manufacturing facility in the United States (US) dedicated to producing up to 5GW of solar modules and […] Read more
Top 5 Non-Chinese Solar Manufacturers Disrupting China’s Stronghold Updated On Fri, Jun 14th, 2024 by Saurenergy Non-Chinese solar manufacturers are making significant strides across various regions, challenging the long-standing dominance of Chinese companies in the solar market. Currently, China leads the world in solar panel manufacturing, with major players like JA Solar, Trina Solar, and JinkoSolar at the forefront. Chinese companies control over 80 per cent of the global market share […] Read more
Sodium-Ion Battery Startup UNIGRID Battery Gets $12mn Funding Updated On Fri, Jun 14th, 2024 by Saurenergy UNIGRID Battery, a San Diego-based startup developing advanced sodium-ion batteries, has announced a successful close of an oversubscribed $12 Million Series A funding round. The financing was Co-led by Transition VC and Ritz Venture Capital and joined by new investor Union Square Ventures and existing investor Foothill Ventures. The investment will accelerate and scale-up UNIGRID’s […] Read more
Wind Turbine Monitoring Systems Market To Grow By $8.72 Bn: Report Updated On Thu, Jun 13th, 2024 by Saurenergy The global wind turbine monitoring systems market size is estimated to grow by USD 8.72 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 19.34% during the forecast period. The rapid growth of the global wind power market is driving market growth, with a trend towards a […] Read more
Solar Buyers Should Be Reassured With These Test Results Updated On Tue, Jun 11th, 2024 by Saurenergy In a world with planned obsolescence and firms going belly-up without warning, it’s reasonable to be a little cautious when it comes to buying technology. Solar is no exception to this rule, with naysayers of the technology pointing to solar panel degradation rates, claiming that the technology won’t be efficient enough to justify the cost […] Read more
India Expected To Spend $385 Bn To Reach RE Target: Moody’s Updated On Fri, Jun 7th, 2024 by Saurenergy Moody’s Ratings, a bond credit rating business of Moody’s Corporation, in its recent report, highlighted that India is expected to invest $385 billion to meet its target of 500 gigawatts (GW) of renewable energy by 2030. But coal will remain a key source of electricity generation for the next decade, said Moody’s Ratings. India, one […] Read more
Octopus Australia To Develop 1 GW Wind Farm, Acquires Land For Project Updated On Thu, Jun 6th, 2024 by Saurenergy UK-based Wind Energy firm subsidiary, Octopus Australia has announced the successful acquisition of an additional 28,000 hectares of land near Deniliquin, NSW, for the development of the new 1GW Merino Wind Farm. This land is adjacent to the 400MW Saltbush Wind Farm also owned by Octopus. According to Octopus, with this latest acquisition, the company […] Read more
