Borosil Renewables Bags National Award 2021 for Technology Development Updated On Wed, May 12th, 2021 by Saurenergy India’s first and only domestic solar glass manufacturer, Borosil Renewables has grabbed the National Award for Successful Commercialisation 2021. The award has been given under the best technology development category for its masterpieces including 2mm fully tempered solar glass, Shakti: Solar glass in matt finish, Selene: Anti-glare solar glass for PV installations near the airport. […] Read more
Suncor and ATCO Partner to Produce Clean Hydrogen in Alberta Updated On Wed, May 12th, 2021 by Saurenergy Two Canadian energy companies, Suncor and ATCO have announced that they will be working together to build a clean hydrogen project near Fort Saskatchewan, Alberta with an estimate to produce 300,000 tonnes of clean hydrogen per year. The clean hydrogen project is in the early stages of developments including design and engineering. This project would […] Read more
Azure Power’s Petition for GST Compensation Dismissed by MERC Updated On Wed, May 12th, 2021 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) recently heard a petition filed by Azure Power Thirty Four Private Limited (APTFPL), which sought INR 22,52,61,708 in compensation for “increase in costs” due to a change in the rate of Goods & Services Tax (GST) following a notification issued by the Ministry of Finance in December 2018. APTFPL tried […] Read more
ADB to End Fossil Fuel Financing, No Timeline Committed Updated On Tue, May 11th, 2021 by Saurenergy The Asian Development Bank (ADB) announced on Friday that it will not finance coal mining or oil and natural gas activities in the future, as a result of a draft energy policy supporting low carbon transition in Asia and the Pacific. Set up in the early 1960s and headquartered in Manila, the ADB has since channelled […] Read more
MNRE’s New Scheme Guidelines for 12,000 MW CPSU Phase-II Project Updated On Tue, May 11th, 2021 by Saurenergy The ministry of new and renewable energy (MNRE) has released the newly amended scheme guidelines for implementation of Central Public Sector Undertaking (CPSU) Scheme Phase-II (Government Producer Scheme) for setting up 12,000 MW grid-connected Solar PV power projects by the Government Producers. These 12,000 MW projects will be produced by the government producers with Viability […] Read more
Massachusetts Invites Bids for 1600 MW Offshore Wind Projects Updated On Tue, May 11th, 2021 by Saurenergy Massachusetts electric utility companies have opened their third offshore wind solicitation, releasing a Request for Proposals (RFP) for up to 1,600 MW of offshore wind power, twice the capacity they contracted in the previous rounds. The Baker administration announced the RFP on Friday, for which confidential bids are due by September 16 and public proposal […] Read more
Amazon Raises $1 bn Sustainability Bond, Issues $18.5 bn Debt Updated On Tue, May 11th, 2021 by Saurenergy Seattle-based tech giant Amazon.com Inc. issued its first sustainability bond yesterday, raising $1 billion to fund ongoing and new sustainability projects in renewable energy, clean transport, greener buildings and affordable housing. The total debt issued by the company on the same day was a whopping $18.5 billion. The sustainability bonds enable investors to join the firm in tackling […] Read more
SunPower Releases “Solid” Financial Results for Q1 2021 Updated On Mon, May 10th, 2021 by Saurenergy SunPower, a California-headquartered solar power generation and energy storage company, has released its financial results for the first quarter of 2021 ended April 4, 2021. The company’s GAAP revenue increased from $290.5 millions in Q1 2020 to $306.4 millions in Q1 2021. GAAP loss decreased by $57.6 million, including $44.7 million related to a mark-to-market loss […] Read more
Largo Resources Picks Site for 1.4 GWh Battery Plant Updated On Mon, May 10th, 2021 by Saurenergy Toronto based vanadium battery maker, Largo Resources Ltd. has announced the development of its clean energy divisions by securing the plant site for its 1.4 GWh battery manufacturing facility and product development center in Massachusetts, U.S. Largo Clean Energy has been looking to expand the capacity of its VCHARGE± vanadium redox flow battery (VRFB) systems. […] Read more
