IEA Report: Expect $1.7 Trillion Investments In Clean Energy In 2023 Updated On Fri, May 26th, 2023 by Saurenergy The International Energy Agency has said that the global investment in clean energy is on course to rise to $1.7 trillion in 2023. In this journey, solar energy is set to eclipse oil production for the first time. According to the new report by IEA, about $2.8 trillion is set to be invested globally in […] Read more
India Among Top 5 Global Destinations In RE Investments: IEA Report Updated On Thu, May 25th, 2023 by Saurenergy A latest report by the International Energy Agency (IEA) claimed that India was among the top five countries globally to receive the highest investments in the renewable energy sector since 2019. The report titled ‘World Energy Investment 2023’ explores investment in the global power markets. The global report also termed the Indian solar market ‘dynamic.’ However, […] Read more
Iberdrola to Supply 250 GWh of Renewable Energy to Holcim Every Year Updated On Thu, May 25th, 2023 by Saurenergy Spanish energy conglomerate Iberdrola and sustainable building solutions provider Holcim have signed a major new clean energy PPA under which Iberdrola will provide Holcim with 250 GWh of renewable energy per year from its Baltic Eagle offshore windfarm in Germany. The two firms have also agreed to work together on a wide range of further […] Read more
First Phase of Repsol, Ibereólica Chilean Solar Project Sees Installation of 76.8 MW Updated On Wed, May 24th, 2023 by Saurenergy The first phase of Repsol, Ibereólica Renovables initial joint solar project in Chile is now operational and has begun to provide electricity to the grid. The said project is a joint venture between Repsol and the Ibereólica Renovables Group. The Elena photovoltaic plant, a result of the JV, now boasts of 76.8 MW of installed […] Read more
Suzlon Continues Order-Winning Spree with 300 MW Wind Project for Torrent Power Updated On Wed, May 24th, 2023 by Saurenergy Renewable energy solutions provider, Suzlon Group, has bagged a fresh order from Torrent Power Limited for its new 3 MW series of wind turbines. The firm will look after the development of a 300 MW wind power project. Suzlon will install 100 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a […] Read more
BSES Rajdhani Joins Hands with Sheru for India’s First Vehicle-to-Grid Station Updated On Wed, May 24th, 2023 by Saurenergy BSES Rajdhani Power Limited (BRPL) has announced a partnership with energy software firm Sheru to develop the country’s first vehicle-to-grid station. Sheru’s proprietary bidirectional battery-swapping station would provide swappable batteries for electric two-wheelers, two-wheelers, and rickshaws and help power their mobility. The station would also support BRPL’s power requirement during periods of peak power need. […] Read more
MNRE, States Discuss Ways To Achieve 500 GW Renewable Target Updated On Wed, May 24th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) discussed with different states in the national capital to review the progress of various renewable energy programmes in the country. In its brainstorming session, the ministry told the states that India had already achieved 172 Gigawatt (GW) of renewable energy while works are in different stages to […] Read more
Badeel, ACWA Power To Invest Over $3 billion For 4.5 GW Solar Projects In Saudi Arabia Updated On Mon, May 22nd, 2023 by Saurenergy Providing thrust to the new wave of solar power development in Saudi Arabia, the Water and Electricity Holding Company (Badeel) and ACWA Power have signed Power Purchase Agreements (PPAs) with the Saudi Power Procurement Company (SPPC) for the development and operation of three major new solar IPP projects. Badeel is fully owned by the Public […] Read more
Suzlon Bags Order From Serentica For Its 3MW Wind Turbine Series Updated On Mon, May 22nd, 2023 by Saurenergy India’s leading wind energy player Suzlon today announced bagging a ‘significant’ order for its 3 Megawatt (MW) series of wind turbines from Serentica Renewables. Serentica Renewables India Private Limited (Serentica), an energy solutions company, works towards industrial decarbonization. As per the order, Suzlon will install 68 wind turbine generators of its 3MW series with a […] Read more