Repsol, EDF Ink Deal For Offshore Wind Project In Spain & Portugal Updated On Fri, Jul 19th, 2024 by Saurenergy Repsol and EDF Renewables reached an agreement to join forces in view of the future offshore wind tenders in Spain and Portugal, given that the Iberian Peninsula offers significant growth opportunities. To develop its portfolio of renewable projects, the company has set an investment framework of between €3 and €4 billion net until 2027. Repsol […] Read more
Q1 Results: Sterling & Wilson Reports Profit, Gets Rs 2,170cr Orders Updated On Thu, Jul 18th, 2024 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWREL) in its first quarterly results for financial year 2025 (FY25), reported profits with a continued revenue growth of 78% (year-over-year) YoY. The renewable EPC received a order inflow of Rs. 2,170 crores and claims to receive a strong rebound in its revenue in Q4 FY24. continues its growth […] Read more
Indian Wind Sector Prone To Cybersecurity Risks: NITI Aayog Report Updated On Thu, Jul 18th, 2024 by Saurenergy A recent report by NITI Aayog identified emerging concerns in cybersecurity for the Indian wind sector due to the import of components for the wind sector, particularly from China, by the Wind Turbine Original Equipment Manufacturers (OEMs). The report proposes a multi-pronged approach integrating policy interventions, manufacturing support, and robust cybersecurity measures. Given the increasing […] Read more
Waaree To Start Module Production In US From Sept: Hitesh Doshi Updated On Thu, Jul 18th, 2024 by Saurenergy From an initial module manufacturing capacity of 30 MW in Surat in 2007, Waaree Energies has come a long way indeed. And helming the company through that journey from 30 MW to 12 GW now, and counting, is its founder and CMD, Dr. Hitesh Doshi. Dr. Doshi has not only seen the solar sector take […] Read more
Rajasthan Set To Bring Guidelines To Expedite PSP Growth Updated On Wed, Jul 17th, 2024 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) in its latest order has allowed extension of time period for the state government authorities to frame guidelines for the growth of Pumped Storage Projects (PSPs) in the state. The order came to the fore when RVUNL (Rajasthan Urja Vikas Nigam Limited) & IT Service Limited moved the State […] Read more
July 16 News In Brief: SunCable’s 20 GW Project, TotalEnergies and SSE JV, Jinko’s 150 MW Deal Updated On Tue, Jul 16th, 2024 by Saurenergy TotalEnergies, SSE In JV For EV Charging In UK & Ireland TotalEnergies and SSE have signed a binding agreement to create a joint venture to establish a new major player in EV charging infrastructure in the UK and Ireland, under the brand “Source”. The new business will deploy in both countries up to 3000 high […] Read more
Global Battery Storage Capacity Set To Reach 2,200 GW By 2050: Report Updated On Mon, Jul 15th, 2024 by Saurenergy BP Energy Outlook 2024 report, reported a rise in global power generation to nearly 25,000 TWh under current projections. This increase is closely paralleled by an approximately eight-fold rise in wind and solar power, reaching 23,000 TWh. The study projects a 40% decline in global coal-fired generation by 2050, with significant decreases expected across most […] Read more
Brazil Leads Among G20 Countries With Higher RE Capacity: EMBER Updated On Fri, Jul 12th, 2024 by Saurenergy Brazil has made recent advancements in increasing renewable energy in the total energy mix. According to the data shared by EMBER, the country powered 89% of electricity in 2023 from wind and solar. This solidified Brazil’s position as one of the leading G20 countries in renewable electricity generation in South America. The report found that […] Read more
Amazon On Course To Meet RE Goal Seven Years Before Schedule Updated On Thu, Jul 11th, 2024 by Saurenergy Amazon has invested in 50 wind and solar projects in India to date. It claims to be one of the first corporations to enable utility-scale renewable energy projects in India, Greece, South Africa, Japan, and Indonesia, among other countries. In 2019, the company set the goal to match all of the electricity consumed across Amazon’s […] Read more
