Amp Energy Establishes Renewable Energy Hub of South Australia Updated On Tue, May 4th, 2021 by Saurenergy Amp Power Australia has announced the establishment of the Renewable Energy Hub of South Australia (REHSA) Amp Power Australia, the Australian operating company of global developer Amp Energy, has announced the establishment of the Renewable Energy Hub of South Australia (REHSA); a strategic portfolio of large-scale integrated Solar PV, Wind and Battery Energy Storage System […] Read more
Waaree Praises PLI but Says Indian PV Manufacturers Facing Challenges Updated On Tue, May 4th, 2021 by Saurenergy Mumbai-headquartered solar PV module manufacturer Waaree Group has expressed appreciation for the government’s recently announced Production Linked Incentive (PLI) scheme and has highlighted the challenges currently facing Indian manufacturers of solar power generation equipment. Chairman and Managing Director Hitesh Doshi believes that the PLI scheme will boost the country’s manufacturing sector, which is paramount today. He […] Read more
JSW Energy Signs PPA With SECI for 540 MW of Wind Energy Projects Updated On Tue, May 4th, 2021 by Saurenergy JSW Renew Energy has signed a PPA with SECI for 540 MW of wind energy capacity out of the total awarded capacity of 810 MW. JSW Energy has announced that JSW Future Energy Limited (formerly JSW Solar Limited), a 100 percent subsidiary of the company had received Letter of Awards for total blended wind capacity […] Read more
PLI Scheme for Manufacturing of High Efficiency PV Modules a Positive for Domestic OEMs: ICRA Updated On Tue, May 4th, 2021 by Saurenergy The Ministry of New & Renewable Energy (MNRE) has notified the guidelines for the Production- Linked Incentive (PLI) scheme to promote the domestic manufacturing of high-efficiency solar modules and thereby reduce dependence on imports in the solar power sector. The scheme has been approved with a financial outlay of Rs. 4500-crore over a period of […] Read more
South Korean Trio Sweep 31% of Global EV Battery Market Updated On Tue, May 4th, 2021 by Saurenergy The global electric vehicle (EV) battery market has recorded a 2.5 times growth in Jan-Mar 2021 of which, 31 percent was captured by three South Korean EV battery producers, according to a release by SNE Research. This trio consists of LG Energy Solution which came in 2nd, while Samsung SDI and SK Innovation ranked 5th […] Read more
Talen Energy Reveals 1 GW of Battery Storage Development Projects Updated On Tue, May 4th, 2021 by Saurenergy Talen Energy Corporation has announced that it is developing a one gigawatt stand-alone battery storage projects across its U.S. footprint. This development is a part of its strategic transformation to renewable energy and digital infrastructure growth platform. The company is expected to develop these battery projects ranging from 20 to approximately 300 megawatts across three […] Read more
LONGi to Supply 600 MW Modules for JV With Engie Updated On Mon, May 3rd, 2021 by Saurenergy Xi’an-headquartered major solar PV manufacturer LONGi recently announced the signing of a framework agreement with Engie Solar (Engie Group), a French multinational electric utility company. To kickstart the process, 600 MW of the Chinese manufacturer’s high efficiency PV modules have been committed for projects in several geographies. Dennis She, Senior Vice President of LONGi Solar, commented, “LONGi […] Read more
Investments Worth $810 Billion Expected in the Offshore Wind Sector This Decade Updated On Mon, May 3rd, 2021 by Saurenergy The combined capital and operational expenditure in the offshore wind sector for the decade is set to add up to a massive USD 810 billion A new report by Rystad Energy has predicted that the offshore wind industry’s global installed capacity will exceed 250 gigawatts (GW) by 2030, driven by a surge in coming projects. […] Read more
Ola Planning to Take its Electric Scooter to the International Markets Updated On Mon, May 3rd, 2021 by Saurenergy Ola Electric is looking at taking its electric scooter to international markets this fiscal according to company Chairman Bhavish Aggarwal. Ola Electric is looking at taking its electric scooter to international markets this financial year, including countries like France, Italy and Germany, according to company Chairman and CEO Bhavish Aggarwal. The company, which is working on setting […] Read more