Hitachi Energy Plans To Invest $4.5 Bn In Clean Energy By 2027 Updated On Mon, Jun 10th, 2024 by Saurenergy Switzerland-based Hitachi Energy recently announced its plan to invest an additional $4.5 billion in manufacturing, engineering, digital, R&D, and partnerships by 2027. This is double the investments made by the company in the last three years. This investment complements the company’s recently announced $1.5 billion investment in April this year to ramp up global transformer […] Read more
Ecofy Joins Forces With Luminous To Accelerate Solar Adoption Updated On Mon, Jun 10th, 2024 by Saurenergy Indian NBFC Ecofy has now announced its partnership with Luminous Power Technologies, an energy solutions industry. The collaboration with Luminous aims to focus on the financing landscape for renewable energy projects, especially solar power projects. With the introduction of the PM Surya Ghar Yojana 2024, favorable market conditions and governmental support, the partnership could make […] Read more
SaurEnergy Explains: Why Is PVEL Scorecard Important For Indian Manufacturers? Updated On Mon, Jun 10th, 2024 by Saurenergy PV Evolution Labs (PVEL), an autonomous testing facility catering to the downstream solar industry and affiliated with the Kiwa Group, has released its newest PV Module Reliability Scorecard. The latest edition of the annual scorecard highlights 388 model types of PV modules from 53 manufacturers as Top Performers in PVEL’s rigorous testing. This year’s list […] Read more
News Brief June 07 – UK Battery Project, Energy Vault, Sumitomo Updated On Fri, Jun 7th, 2024 by Saurenergy Gresham House secures PPA for 568MW battery projects in UK An Octopus Energy subsidiary and Gresham House Energy Storage Fund have engaged into a power purchase agreement (PPA) for 14 of the company’s battery projects in the UK, totaling 568MW/920 megawatt hours (MWh). Commencing on July 1, 2024, the two-year fixed-price contracts will cover around […] Read more
SC Net Zero Ventures Raises €125 Mn For Energy Transition Updated On Fri, Jun 7th, 2024 by Saurenergy SC Net Zero Ventures, the venture capital investment fund managed by Suma Capital in strategic alliance with Repsol as anchor investor, has completed its first closing raising €125 million. The fund has a target of €150 million. This substantial first closing is a very important step towards achieving the fund’s goals. Furthermore, this milestone underlines […] Read more
US DOE To Invest $9.5 Million In Four Solar Projects Updated On Fri, Jun 7th, 2024 by Saurenergy The U.S. Department of Energy (DOE) has declared plans to invest $9.5 million in four new projects with the goal of increasing public awareness and confidence in large-scale solar advancements. This program supports the US’s objective of having net-zero carbon emissions by 2050, which is an important step given that the DOE estimates that 40% […] Read more
Services Administrator – Solar Updated On Fri, Jun 7th, 2024 by Saurenergy Convert PR to PO from the Operation Team (non-inventory) Issue PR when finance team ask for Insurance, Management fee, Finance expense. Verify PO/ amend PO which operation team or finance team asks for. Checking everything on PO is correct such as Amount, Department, Location before ask to proceed GR. Submit opened PO AU&SG reports twice […] Read more
Orb Energy Partners SBI Under Surya Shakti Solar Finance Scheme Updated On Fri, Jun 7th, 2024 by Saurenergy Orb Energy has announced its partnership with the State Bank of India (SBI). This agreement designates Orb Energy as an approved vendor under SBI’s Surya Shakti Solar Finance Scheme. Launched by SBI, the country’s largest lender, the Surya Shakti scheme aims to enhance the financing options available for solar power projects. Through this collaboration, SBI […] Read more
IEA Forecasts Solar PV Investment To Exceed USD 500 Bn In 2024 Updated On Thu, Jun 6th, 2024 by Saurenergy The International Energy Agency’s (IEA) recent report on world energy investment found that investment in solar PV surpassed all other generation technologies combined. It found a noticeable rise in solar panel costs that have decreased by 30% over the last two years. International Energy Agency (IEA) report said, “The prices for minerals and metals which […] Read more
