Solar now the Cheapest Source of new Power in Many Markets: WoodMac Updated On Thu, Jan 21st, 2021 by Saurenergy A new report finds that by 2030, solar will become the cheapest source of new power in every US state, plus Canada, China & 14 other nations The cost of solar power has dropped 90 percent over the last two decades, and will likely fall another 15 percent to 25 percent in the decade to […] Read more
Kia Introduces Future Brand Ambition, Announces Release of First BEVs Updated On Tue, Jan 19th, 2021 by Saurenergy Global mobility brand Kia has announced new details of its new brand purpose and ambitions for the future at a digital showcase event. It has come up with a new brand slogan ‘Movement that inspires’, which will see the company go beyond vehicle manufacturing to create sustainable mobility solutions for customers. Additionally, Kia has announced […] Read more
Siemens Gamesa Secures Another Order for 100 MW with Hanbaram Wind Power in Vietnam Updated On Tue, Jan 19th, 2021 by Saurenergy Siemens Gamesa and its EPC partner SEPEC-China Energy have secured a 100 MW onshore order with Vietnamese independent power producer Hanbaram Wind Power JSC, a second order following a recent maiden 117 MW order as the local developer expands its renewables portfolio to meet booming national demand. Located in Gia Lai province, the Hung Hai […] Read more
PFC Closes Rs 5000 Crore Bonds Issue 11 Days Ahead of Schedule Updated On Tue, Jan 19th, 2021 by Saurenergy The first Rs 5000 crore NCDs issue of PFC was subscribed close to nine times and closed for subscription 11 days ahead of the schedule The Power Finance Corporation’s (PFC) first Rs 5000 crore taxable non-convertible debentures (NCDs) issue was subscribed close to nine times on January 18, 2021, and closed for subscription 11 days […] Read more
Urgency of Meeting Electricity Demand in China From Zero-Carbon Sources: Report Updated On Tue, Jan 19th, 2021 by Saurenergy A new report has highlighted both the opportunity and urgency of meeting electricity demand growth in China from zero-carbon sources. On September 22, 2020, President Xi Jinping announced that China will strive to peak emissions before 2030 and achieve carbon neutrality before 2060. This new climate pledge is a critical step forward in the global […] Read more
Pepsico Sets new Goal to cut Carbon Emissions by More Than 40% by 2030 Updated On Fri, Jan 15th, 2021 by Saurenergy Pepsico has set an ambitious new goal to cut carbon emissions by more than 40% by 2030 – more than doubling its previous climate objective. Climate action can’t wait. Today we’re more than doubling our climate goal and pledging net-zero emissions by 2040, ten years ahead of the Paris Agreement target. Learn more here: https://t.co/JDxtyOzVFn #ClimateAmbition […] Read more
Policies & Incentives Needed to Boost Domestic Solar Manufacturing: Saibaba Vutukuri, Vikram Solar Updated On Tue, Jan 12th, 2021 by Saurenergy Saibaba Vutukuri, CEO of Vikram Solar, has said the domestic solar industry needs a comprehensive policy framework to boost manufacturing. As the industry awaits the Union Budget, Saibaba Vutukuri, CEO of Vikram Solar, has said that he believes there is an immediate need to build a robust eco-system for indigenous solar manufacturing and making it […] Read more
IndiGrid Completes Acquisition of RInfra Stake in PKTCL for Rs 900 Cr Updated On Mon, Jan 11th, 2021 by Saurenergy RInfra has successfully completed the sale of its entire 74 percent equity stake in PKTCL to IndiGrid for an enterprise value of Rs 900 crore Reliance Infrastructure Limited (RIL) has announced that it has successfully completed the sale of its entire 74 percent equity stake in Parbati Koldam Transmission Company Limited (PKTCL) to India Grid […] Read more
Sungrow Ends 2020 on High, Crossing 7 GW PV Inverter Shipments in India Updated On Fri, Jan 8th, 2021 by Saurenergy Sungrow, the global leading inverter solution supplier for renewables, declared that its cumulative shipments to India crossed 7 GW by the end of 2020, testimony to its wide acceptance among the leaders in India’s growing decarbonized energy space. Accelerated growth during a tough year. During this year, the Indian market saw a series of tenders […] Read more
