CleanMax To Enhance Energy Resilience At Bengaluru International Airport Updated On Thu, Feb 22nd, 2024 by Saurenergy CleanMax Enviro Energy Solutions, a leading C&I Renewable Energy Company with projects across Asia and Bangalore International Airport Limited (BIAL) have signed a 25-year long-term PPA for the generation and supply of renewable energy from a 45.9 MW Solar-wind Captive Power Project under a SPV named – Clean Max BIAL Renewable Energy Private Limited. CleanMax […] Read more
US At Risk Of Falling Behind RE Target Post-IRA: Report Updated On Thu, Feb 22nd, 2024 by Saurenergy A collaborative report on clean energy released by the Rhodium Group, in partnership with the Massachusetts Institute of Technology (MIT), states that despite reaching record levels of investment in utility-scale clean electricity generation and storage capacity in 2023, the US has a risk of falling behind post-IRA (Inflation Reduction Act) projections. While renewable electricity has […] Read more
Italy’s PLT Energia And GGS Energy to Develop 1 GW RE Projects in Texas Updated On Wed, Feb 21st, 2024 by Saurenergy Italy-based renewable and energy storage company PLT Energia has announced that its subsidiary PLT Energy US Corp has entered into a joint venture with GGS Energy to develop more than 1 GW of renewable energy in Texas, United States. According to a press statement, the joint venture’s first project will be the development and construction […] Read more
ReNew Announces Q3 Results With Net Loss Of Rs 3,216 Million Updated On Wed, Feb 21st, 2024 by Saurenergy Gurugram based ReNew Energy Global Plc, a leading decarbonization solutions company, has announced its unaudited consolidated IFRS results for the third quarter of FY-2024 and nine months ended December 31, 2023. ReNew has released the operating highlights. The firm says that as of December 31, 2023, the portfolio of ReNew consisted of 13.8 GW, of […] Read more
Balance Power 40MW Battery Project Gets Planning Approval in UK Updated On Tue, Feb 20th, 2024 by Saurenergy United Kingdom-based renewable energy developer Balance Power‘s 40MW battery storage project in Cheshire, England has received the planning approval. The project, located in Cheadle, will store renewable energy at times of peak generation and export it back onto the grid when demand is high, balancing intermittency, according to the press release. The storage facility will […] 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
Albania Commences Its First Utility-Scale PV Plant Using Sineng Inverters Updated On Mon, Feb 19th, 2024 by Saurenergy Sineng a renewable energy product supplier recently connected the 140MW Karavasta solar plant, located in the Fier region of southern Albania, to the grid. The project delivers electricity to the transmission system and this project claims to be one of large photovoltaic projects in Albania and the Western Balkans. The project was awarded to Voltalia […] Read more
PM Set To Inaugurate RE Projects At UP Global Investors Summit Updated On Mon, Feb 19th, 2024 by Saurenergy Prime Minister Narendra Modi announced his plans to launch 14 thousand projects across the state worth more than 10 Lakh crore rupees on his visit to Uttar Pradesh (UP). UP has earlier this year released a tender inviting bids for procurement of solar power on a long-term basis through a tariff-based competitive bidding process (TBCB). […] Read more
Assam Cuts Electric Vehicle Tax By 2 Percent Updated On Mon, Feb 19th, 2024 by Saurenergy Assam Government introduced 2% reduction in Motor Vehicle Tax and exemptions on registration fees for new electric vehicles in its recently released budget document for the 2024-25 session. State Government reviewed their commitment in last year’s budget, “The Apun Bahan scheme has been launched, providing male employees a 2% interest subsidy for diesel/petrol vehicles and […] Read more
