Green Electric Tugs to be Built by Defence Shipyard Firm in MoU with Three Entities Updated On Thu, Nov 23rd, 2023 by Saurenergy Garden Reach Shipbuilders and Engineers (GRSE) Ltd – a defence shipyard firm has joined hands with three entities for the development of green electric tugs. GRSE has signed a Memorandum of Understanding with Shift Clean Energy, Seatech Solutions and the American Bureau of Shipping towards this initiative. The firms will look into the development of […] Read more
China Belt & Road Initiative Brings 128GW Power Capacity: Wood Mackenzie Updated On Thu, Nov 23rd, 2023 by Saurenergy A latest report from Wood Mackenzie said that Chinese companies completed over 300 overseas power projects. This was despite challenges causing over 20% of projects to be cancelled or shelved. The report said that these Chinese firms have made an estimated investment value of around US$200 billion, over these 300 projects. The East Asian country […] Read more
Servotech Adds 2,649 EV Chargers Order from BPCL Updated On Thu, Nov 23rd, 2023 by Saurenergy Servotech Power Systems Ltd., a manufacturer of EV chargers in the country, has bagged 2649 AC EV chargers order from Bharat Petroleum Corporation Limited (BPCL). The firm will be responsible for manufacturing, supplying and installing 2649 AC EV chargers order strategically across the nation. The EV chargers order comes under the BPCL E-drive project, equipping […] Read more
LONGi Invests MYR 1.8bn For Its Serendah Module Plant In Malaysia Updated On Wed, Nov 22nd, 2023 by Saurenergy LONGi Green Energy seems to be charting new territories in Malaysia. With an investment of MYR 1.8 billion (approximately RMB 2.8 billion), LONGi Malaysia Serendah Module Plant in Selangor has officially been set in motion. This landmark development signifies LONGi’s pursuit of delivering top-tier solar products and leading sustainable energy practices. This project, spanning over […] Read more
Sungrow Pins Hopes On Its 1+X Modular Inverter For Utility Sector Updated On Wed, Nov 22nd, 2023 by Saurenergy Energy storage service provider Sungrow has now pinned hopes for its 1+X modular inverter for utility-scale solar projects across the world. It claims that in large-scale utility PV applications, Sungrow’s 1+X Modular Inverter can assist with its intelligent branch diagnosis function, particularly beneficial when a system solution does not contain a combiner box or if […] Read more
To Meet Targets, Wind Power Needs To Grow 3 Times By 2030: Report Updated On Wed, Nov 22nd, 2023 by Saurenergy A latest report from EMBER studied global renewable capacity and found that, based on current national targets, it’s set to increase by 7.3 TW by 2030. It anticipates that, based on the current national target, the renewable energy capacity is set to increase by 2.1x until 2030. The report on ‘Tracking National Ambition Towards a […] Read more
CERC Allows Adani Subsidiary Compensation For ‘Change of Law’ Events Updated On Tue, Nov 21st, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement, allowed compensation to Mahoba Solar (UP) Private Limited MSUPL) a subsidiary of Adani Green. The central commission allowed the compensation on account of ‘change of law’ events. These include the imposition of increased safeguard duty on the imports of solar cells and modules and the […] Read more
Early Stage VC SeaFund Invests in 5 DeepTech Startups Updated On Tue, Nov 21st, 2023 by Saurenergy Early stage focused Seafund Ventures has invested INR 5 crore across five sustainability focused startups. The fund plans to invest 20% of its entire investible corpus in clean energy and the EV value chain including sectors like transportation, logistics and circular economy. SeaFund is currently raising its second fund with a target corpus of INR […] Read more
BP Completes Repowering Wind Farm of 300 MW Capacity Updated On Tue, Nov 21st, 2023 by Saurenergy BP has completed repowering its wind farm in Indiana for 300 MW capacity. The Fowler Ridge 1 project, established in central Indiana, entailed the upgradation of 40 of the 162 turbines. This encompassed the installation of 120 individual blades and 40 new nacelles. These boast power generation equipment and transformers on top of the wind towers. […] Read more
