RWE to Invest €50 B to Reach 50 GW RE Capacity by 2030 Updated On Tue, Nov 16th, 2021 by Saurenergy “Greener, bigger, more valuable – that is RWE in 2030. For the first time, the company is providing details of what it will look like by the end of the decade,” states Germany’s largest power producer. With its new strategy ‘Growing Green’, RWE will invest a significant sum, worth €50 billion, in its core business […] Read more
UK, US Firms Launch JV Targetting 20 GW RE Capacity by 2030 Updated On Tue, Nov 16th, 2021 by Saurenergy Low Carbon Limited, based in the UK, and the Massachusetts Mutual Life Insurance Company (MassMutual), based in the US, have joined forces to build a leading global renewable energy Independent Power Producer (IPP). The partnership with MassMutual also aims at supporting Low Carbon’s ambition to raise third-party investment funds with the goal of directing capital into […] Read more
UK To Provide Credit For Turney’s Largest Solar Project Updated On Mon, Nov 15th, 2021 by Saurenergy The UK Export Finance (UKEF) said on Monday it would provide over £217 million ($291.04 million) in export credit for the financial closure and construction of Turkey’s largest solar facility. This will be the largest ever commitment from UKEF for a renewable energy project, indicating the clear shift in priorities underway at European governments post […] Read more
Strong Underlying Demand To Support Solar PLI Scheme Expansion to Rs 24,000 Crore Updated On Mon, Nov 15th, 2021 by Saurenergy Power and MNRE Minister R.K Singh has informed a news agency that the government is planning to enhance funding under the production linked incentive (PLI) scheme for the domestic solar cells and module manufacturing to Rs 24,000 crore from the existing Rs 4,500 crore to make India an exporting power. The move follows the strong […] Read more
SJVN Awards EPC of 75 MW Solar Project to Solarworld Energy Solutions Updated On Mon, Nov 15th, 2021 by Saurenergy PSU energy firm SJVN, a joint venture of the state government of Himachal Pradesh and the Central Government, has entered into Contract Agreement for development of 75 MW (AC) Solar Power Project at Parasan Solar Park, Uttar Pradesh on Engineering, Procurement and Construction (EPC) basis with subsequent O&M for three years with M/s Solarworld Energy […] Read more
JSW Solar, Shirdi Sai Electricals and Reliance Win Solar PLI Allotments Updated On Fri, Nov 12th, 2021 by Saurenergy In the end, IREDA’s final list of winners for the Solar PLI (Performance Linked Incentives) scheme threw up no surprises as the bidders with plans for all stages of production and the highest capacity bids of 4 GW walked away with the top 3 allotments. Designed to encourage the setting up of manufacturing capacities for […] Read more
Chile to Double its Energy Storage Capacity Together with AES Updated On Wed, Nov 10th, 2021 by Saurenergy In line with the objective of achieving carbon neutrality, Chile and AES have joined forces to accelerate the country’s energy transition by increasing their battery-based energy storage capacity, Santiago-based AES Andes announced recently. Within the framework of the company’s participation in the 2021 United Nations Climate Change Conference – known as COP26 – which takes […] Read more
FTC Solar to Supply Solar Trackers for 504 MW Project in Arizona Updated On Wed, Nov 10th, 2021 by Saurenergy FTC Solar, a provider of solar tracker systems, technology, software, and engineering services, has been awarded a 504 megawatts DC project in Arizona. FTC Solar will be providing its Voyager tracker to Moss Solar, an engineering, procurement and construction (EPC) company, which has been contracted by a Tier 1 U.S. developer to construct the solar plus […] Read more
Pradeep Kumar’s Solar Trolley For Farmers Seeds A Successful Business Updated On Tue, Nov 9th, 2021 by Saurenergy For Pradeep Kumar, who hails from a farming family in Haryana, becoming an entrepreneur in the solar business was always a plan, but he never imagined the shape it finally took. Starting in 2009 with a simple installation business focused on solar panels at farms to run water pumps and more, Pradeep realised that panel […] Read more
