The Curious Case of Switching Off Rooftop Solar And Pleading For Power Consumption In South Australia Updated On Mon, Nov 21st, 2022 by Saurenergy In the past week, South Australia has seen the apparently curious situation of the national grid operator switching off itself, or asking owners to switch off rooftop solar systems in the state, even while requesting them to increase demand by switching on more appliances and other power hungry equipments. This apparent dichotomy is easily explained, […] Read more
Microgrid to Attract Multibillion Investments By 2031: Guidehouse Insights Updated On Fri, Nov 18th, 2022 by Saurenergy A new report from Guidehouse Insights has said that Asia Pacific and Middle East and Africa currently lead the energy access microgrids market and are expected to continue leading the energy access across microgrids market through 2031. Revenue from microgrid investments in Asia Pacific will likely reach $7.7 billion by 2031, and microgrid revenue in […] Read more
DhaSh PV Increases PV Junction box Production Capacity to 11 GW Updated On Fri, Nov 18th, 2022 by Saurenergy DhaSh PV Technologies, a manufacturer of PV Junction boxes with headquarters in Bangalore, recently announced a significant expansion of its cutting-edge manufacturing facility in Bengaluru, increasing its total production capacity from 8 GW to 11 GW. The company’s decision to expand is driven by both the sharp increase in demand for its PV Junction box […] Read more
Denmark’s Largest RE Firm Orsted Expands Presence in Texas, US Updated On Fri, Nov 18th, 2022 by Saurenergy The largest energy firm in Denmark, Orsted will be establishing a new office in Texas. The new premises that will be an EPC centre (engineering, procurement and construction) for its portfolio of clean energy solutions. The new office that is to come up in Texas will mark its opening in the first half of next […] Read more
FIMER Provides String Inverters to Partners Main Solution & Evolvere for Installation Updated On Fri, Nov 18th, 2022 by Saurenergy Through its partners, Main Solution and Evolvere, the Italian provider of renewable energy and electric mobility solutions, FIMER, has provided 9 PVS-100 three-phase string inverters for installation in Italy. 9 FIMER PVS-100 inverters have been installed at Vegitalia S.p.A., a business that has been active in the food industry since 2004, in San Marco Argentano […] Read more
EBRD Raises Stake in Infinity- Egypt’s Largest RE Provider Updated On Thu, Nov 17th, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has announced that it is increasing its equity stake in Infinity, Egypt’s largest renewable energy developer, through an additional $ 41.5 million commitment. The EBRD is already a shareholder in the company, having invested US$ 60 million in 2020. EBRD said that $41.5 million will support Infinity’s plans […] Read more
AfDB Invests $20 Million in Fund for RE Expansion in Sub-Sahara Updated On Thu, Nov 17th, 2022 by Saurenergy African Development Bank (AFDB) has held in a key announcement that the Board of Directors of the AfDB Group has approved an equity investment of $20 million in Evolution Fund III. It is a pan-African clean and sustainable energy private equity fund that is mobilising about $400 million into renewable energy and resource-efficiency assets across […] Read more
Tata Power Solar & Union Bank Collaborate to Finance Rooftop Solar for MSMEs Updated On Thu, Nov 17th, 2022 by Saurenergy One of India’s oldest and largest public sector banks, Union Bank of India (UBI) has partnered with Tata Power Solar Systems Limited (TPSSL) to support the MSME (Micro, Small, and Medium Enterprises) sector’s transition to solar energy (Finance Rooftop Solar). Tata Power Solar Systems Limited (TPSSL) is a wholly-owned subsidiary of Tata Power Renewable Energy […] Read more
ReNew Power & Egyptian Govt Sign Framework Agreement for Green Hydrogen Plant Updated On Wed, Nov 16th, 2022 by Saurenergy Renewable energy conglomerate, ReNew Power and the Egyptian government have signed a framework agreement for the construction of an $8 billion green hydrogen plant in the Suez Canal Economic Zone. The green hydrogen production capacity of the plant is anticipated to be 220,000 tonnes per year. Following the Memorandum of Understanding (MoU) signed in July […] Read more