Highland Materials Set To Add 20K Tonnes Polysilicon Capacity In US Updated On Tue, Apr 23rd, 2024 by Saurenergy The IRA (Inflation Reduction Act) driven manufacturing bandwagon is still picking up pace in the US. The latest announcement comes from Polysilicon manufacturer Highland Materials, that has secured US$255.6 million in 48C tax credits to build a polysilicon plant in the US. The announcement comes even as global polysilicon prices, mirroring the rest of the […] Read more
Premier Energies To Seek Rs 1500 Crore In IPO Soon Updated On Mon, Apr 22nd, 2024 by Saurenergy Premier Energies Limited, India’s second largest integrated solar cell and solar module manufacturer (in terms of annual installed capacity of 2 GW and 3.36 GW, respectively as per a Frost & Sullivan Report), as of March 31, 2024, has filed the draft red herring prospectus (DRHP) with capital markets regulator, SEBI to raise more than […] Read more
Hyundai Motor, Matrix Sign PPA To Power 174-MW EV Plant In US Updated On Mon, Apr 22nd, 2024 by Saurenergy Hyundai Motor Group recently signed a 174-Megawatt Power Purchase Agreement (PPA) with Spain’s Matrix Renewables. With their solar energy project, they can power their electric vehicle (EV) plant in the United States (US) with renewable energy. The South Korean car manufacturer Hyundai Motor signed a 15-year PPA with Matrix Renewables-led stillhouse solar project which is […] Read more
ReNew Inks Deal With JERA To Evaluate Green Ammonia Project In India Updated On Fri, Apr 19th, 2024 by Saurenergy Renewable energy company, ReNew Energy Global announced that it has signed an initial agreement with JERA Co, Japan’s power generation company, to jointly evaluate the development of a green ammonia production project in India. Under the agreement, ReNew, through its subsidiary, ReNew E-Fuels Private Limited, and JERA will jointly evaluate development of a green ammonia […] Read more
Renewable PPA Prices In North America Stabilise in Q1, Drop In Europe Updated On Fri, Apr 19th, 2024 by Saurenergy Spain-based Power purchase agreement (PPA) services company and platform LevelTen Energy, in its latest report has called Q1 2024 as one of the more stable ones after a while in North America, as renewable PPA offer prices in North America (led by drop in Solar PPAs)increased by less than 1% from the previous quarter. According […] Read more
NTPC Green Energy Limited Inks MoU with Indus Towers Limited Updated On Fri, Apr 19th, 2024 by Saurenergy NTPC Green Energy Limited (NGEL) and Indus Towers Limited (ITL) have signed a Memorandum of Understanding (MoU), to address the need for pacing green energy objectives and the GoI’s efforts towards carbon neutral economy. The MoU was signed by Soumya Kanti Chowdhuri, Chief General Manager, NGEL and Vikas Poddar, Chief Financial Officer (CFO), ITL in […] Read more
April 18 – KPI Green, Shakti Pumps Lead Strong Green Move On Another Tough Day For Markets Updated On Thu, Apr 18th, 2024 by Saurenergy On yet another down day for the markets, our green pack continued to more than hold its own, with 7 of the 11 stocks being tracked in the green. Leading the charge, besides the by now inevitable upper circuit for Waaree Renewable, is KPI Green Energy, and Shakti Pumps. While KPI Green has been adding […] Read more
Premier Energies Secures 140 MW PV Modules Order In Bangladesh Updated On Thu, Apr 18th, 2024 by Saurenergy Premier Energies subsidiary Premier Energies Photovoltaic has secured a 140 MW PV modules supply order from Amara Raja Infra for a solar project in Bangladesh. The project is being executed on an EPC basis by Hyderabad-based Amara Raja Infra. The module supply is expected to be completed by April 2025. Premier Energies has witnessed a […] Read more
CleanMax, Apple Partner To Accelerate Renewable Adoption In India Updated On Thu, Apr 18th, 2024 by Saurenergy Renewable energy company–CleanMax (Clean Max Enviro Energy Solutions) today announced a joint venture with Apple. As part of the partnership, Clean Max has successfully installed 14.4 MW of rooftop solar installations across six industrial sites in India. These installations are expected to mitigate around 207,000 tons of carbon dioxide (CO2) emissions throughout their operational life. By […] Read more