Malta Becomes 119th Country To Join International Solar Alliance Updated On Fri, Feb 23rd, 2024 by Saurenergy International Solar Alliance (ISA) recently announced Malta as the 119th country to join the grouping. India welcomed Malta as a member country. Permanent Secretary of Foreign Affairs Ministry, Malta, Christopher Cutajar signed the ISA Framework Agreement in the presence of Head of Depository and Joint Secretary (Economic Diplomacy), Abhishek Singh in New Delhi. ISA is […] Read more
TotalEnergies Acquires 59MW Solar Farm in Spain Updated On Thu, Feb 22nd, 2024 by Saurenergy TotalEnergies Renewables, the green energy arm of TotalEnergies, has announced that it acquired the 59MW Dehesa Nueva del Rey solar park in Spain from developer Synergia. This ready-to-build project adds to the 3GW portfolio of solar projects TotalEnergies already has with environmental permits in Madrid, Murcia, Andalusia, Aragon, and Castilla La Mancha, said the press […] Read more
Schneider Electric, ENGIE Enter Tax Credit Transfer Agreement Under IRA Updated On Thu, Feb 22nd, 2024 by Saurenergy Schneider Electric, a digital energy and automation manager company recently announced its investment in a portfolio of Texas-based clean energy projects. Through this, it utilized a Tax Credit Transfer Agreement (TCTA) for solar and battery storage systems developed, built, and operated by ENGIE North America (ENGIE). The contracted projects are expected to come online throughout […] Read more
ACWA Power, L&T Select Nextracker’s Trackers For Saudi Solar Park Updated On Wed, Feb 21st, 2024 by Saurenergy Solar tracker and software solutions company Nextracker announced it was selected by ACWA Power and Larsen & Toubro Limited (L&T) to provide its all-terrain tracker NX Horizon-XTR a 1.17 GW installation at Al Kahfah Solar Power Plant, a strategically important renewable energy project in Saudi Arabia’s Central Province that is part of the National Renewable […] Read more
IEA Announce To Setup It First Southeast Asia Office In Singapore Updated On Wed, Feb 21st, 2024 by Saurenergy International Energy Agency (IEA) recently announced the establishment an IEA Regional Cooperation Centre, in Singapore. It mentioned it to be IEA’s first office outside of its headquarters (HQ) in Paris, France. The announcement was made during the IEA’s 50th Anniversary Ministerial in Paris. IEA announcement, “This headquarter will work with all countries in Southeast Asia […] Read more
Ciel & Terre Taiwan, HEXA Complete Floating Solar Project In Taiwan Updated On Wed, Feb 21st, 2024 by Saurenergy Ciel & Terre Taiwan, a floating solar PV (FPV) solution provider, and HEXA Renewables, a pan-Asia renewable energy platform, recently announced the successful conclusion of Taiwan’s near-shore floating solar projects. The project is situated within the Changbin Industrial Park in Changhua County, this project represents a significant milestone in the renewable energy landscape of Taiwan. […] Read more
Sembcorp RE Acquisition In China, India Rose By 42% YoY In 2023 Updated On Tue, Feb 20th, 2024 by Saurenergy Singapore-based Sembcorp Industries (Sembcorp) recently posted a strong performance for the year of 2023 (FY2023). They recently announced that they made a turnover of S$7.0 billion compared to S$7.8 billion in FY2022. Sembcorp said, “The group net profit before exceptional items (EI) grew 38% year-on-year to S$1.0 billion from S$739 million in FY2022, with higher […] Read more
Local Solar Module Industry To Face Low Import Prices: Borosil’s Kheruka Updated On Tue, Feb 20th, 2024 by Saurenergy The domestic solar module industry will be forced to continue facing ‘unrealistically’ low import prices, said Pradeep M Kheruka, Executive Chairman of Borosil Renewables. Kheruka made these comments during a conference call with institutional investors and analysts which was held on February 08. He further said that the ALMM mechanism remained suspended, keeping the door […] Read more
Pahal Solar Starts Building 1.8 GW Solar Module Manufacturing Facility in Gujarat Updated On Mon, Feb 19th, 2024 by Saurenergy Gujarat-based Solar PV Manufacturer Pahal Solar held its groundbreaking ceremony regarding the construction of a manufacturing facility. The facility will lead the production of 1.8 GW of advanced photovoltaic modules in Atodara, Olpad, Gujarat. According to the press document, the company stated that the manufacturing facility promises to set new industry standards by ensuring a […] Read more