Inflation Reduction Act to create 67,000 jobs & $2 billion income in rural US: Report Updated On Mon, Jan 22nd, 2024 by Saurenergy Inflation Reduction Act was signed into law in the United States in August 2022. The act aims to set newer policy measures to reduce carbon emission, improve healthcare and taxpayer compliance. It also allocates money directly to environmental justice priorities. According to McKinsey, the Inflation Reduction Act is the third piece of legislation in the […] Read more
Waaree Renewable Reports 158% Jump In PAT In Q3 Updated On Mon, Jan 22nd, 2024 by Saurenergy Waaree Renewable Technologies, the solar EPC subsidiary of the Waaree Group has now announced its Financial Results for Third Quarter (Q3). The consolidated financial results of the renewable firm said that its total revenue in Q3 increased by 338.78 percent on a Year-on-Year (YoY) basis. It also announced a 158.09% increase in Profit After Tax […] Read more
LONGi Makes Case For Net Zero Manufacturing At WEF Davos Updated On Mon, Jan 22nd, 2024 by Saurenergy As one of the newest recipients of the World Economic Forum (WEF) “Lighthouse Factory” recognition, Chinese solar giant LONGi made a strong case for net zero manufacturing powered by clean energy. For LONGi, which will celebrate it’s 25th year of founding in 2025, the journey to be the leading solar player has been truly impressive. […] Read more
MNRE Notifies Constitution Of Wind Repowering Committee Updated On Fri, Jan 19th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a notification pertaining to the constitution of a Wind Repowering Committee. The committee will be chaired by Joint Secretary (Wind), MNRE along with Director (Technical), IREDA Director (Projects), SECI as its members, the notification said. The MNRE committee on Wind Repowering will also have the […] Read more
Europe Adds 4.2 GW Offshore Wind in 2023; Up 40% From 2022 Updated On Fri, Jan 19th, 2024 by Saurenergy WindEurope – a premier association promoting wind energy in Europe – held that year 2023 witnessed a record 4.2 GW of new offshore wind farms come online in Europe. This was a 40 percent increase compared to the corresponding figures from 2022. The agency said that €30 billion of new investments were confirmed in 2023 covering […] Read more
Biden Admin Awards $623 Million To Shore Up EV Charging Network In US Updated On Fri, Jan 19th, 2024 by Saurenergy Amid the push for electric vehicles, the Joe Biden administration in the United States (US) has awarded $623 million in grants to states, and local governments to help them build and expand Electric Vehicle (EV) charging networks in the country. The grants aim to clear the way for funding of 47 EV charging stations and […] Read more
American Firm AES Completes Construction of 3.5 GW Of Renewables Updated On Thu, Jan 18th, 2024 by Saurenergy America-based global cleantech company AES Corporation announced the completion of 3.5 GW of renewables projects in 2023, nearly doubling the capacity constructed compared to 2022. “In 2023, AES Corporation completed the construction of 3.5 GW of new renewables. This construction milestone represents a new record and a growth rate of nearly 100% over 2022. Including […] Read more
EV Sales In India Record 50% Rise, Two-Three Wheelers Dominate Sales Updated On Thu, Jan 18th, 2024 by Saurenergy As the focus on a green future increases, electric vehicles have gradually become a part of vogue amid a proactive push by governments and several institutions to create awareness among the people. A study conducted by CareEdge Ratings shows that sales of Electric Vehicles registered a significant growth in CY23 as compared to CY22. The […] Read more
Q3 Results-Sterling and Wilson Renewable Continues Recovery With Order wins Updated On Thu, Jan 18th, 2024 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWRE), one of the leading solar EPC and O&M solutions provider, announced its financial results for the quarter (Q3) ended 31st December 2023. Its consolidated loss in the third quarter (Q3) of FY24 stood at INR 63.7 crore compared to INR 101.2 crore year ago, and revenue rose 43 per […] Read more
