Asia, America To The Rescue For German PV Machinery Makers Updated On Thu, Jul 20th, 2023 by Saurenergy A release from the VDMA ( German Mechanical Engineering Federation ) says that sequential sales and orders for Q1/2023 dropped 27% and 26% respectively for German solar PV equipment manufacturers. The drop was mainly due to drop in demand from the ‘home’ markets in the European Union (EU) . However, on a YoY basis, sales […] Read more
Masdar Raises US$750 Million Green Bond Updated On Thu, Jul 20th, 2023 by Saurenergy Abu Dhabi Future Energy Company PJSC – Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, […] Read more
GoodWe Launches 100kW Hybrid and Retrofit Battery Inverters for C&I Updated On Thu, Jul 20th, 2023 by Saurenergy GoodWe, the leading inverter manufacturer and energy storage solutions provider, has expanded its C&I energy storage solutions portfolio with two new additions: the ETC 100kW hybrid inverter and the BTC 100kW retrofit battery inverter, both of which can be coupled with GoodWe high-voltage battery system Lynx C (101kWh – 156kWh). With a proven track record […] Read more
India, China To See Major Rise of Power Generation Emissions By 2024: IEA Updated On Wed, Jul 19th, 2023 by Saurenergy The latest report by the International Energy Agency (IEA) released today claimed that while the power demands in advanced economies are slated to plunge, they will likely go up for South Asian countries like India and China. It also said that while the emissions from power generation are slated to slump in Europe, it is likely to […] Read more
Azure Power Announces its New CEO in Sunil Gupta Updated On Wed, Jul 19th, 2023 by Saurenergy Independent Power Producer Azure Power has onboarded Sunil Gupta as its new Chief Executive Officer. Sunil brings to the table global experience in renewable energy, new energy, and digital technologies. His career spans over two decades of experience in managing growth, operational excellence, and profitability of global renewable energy businesses. In his previous role, Sunil was […] Read more
EV Price War: Ford Cuts Prices On Its F-150 Lightning Pickup Updated On Wed, Jul 19th, 2023 by Saurenergy The softening in EV prices, driven by the correction in key raw material prices has reached the US markets with a jolt. Ford stretched the price war in the EV industry by announcing a sharp cut on the prices of its F-150 Lightning trucks on July 17. This includes a 17 per cent cut for […] Read more
RERC Declines To Allow Lower Tariffs for Private Hospitals In Rajasthan Updated On Tue, Jul 18th, 2023 by Saurenergy In its latest order, the Rajasthan Electricity Regulatory Commission (RERC) declined to give any relief to the Indian Medical Association (IMA). The Rajasthan IMA branch had filed a review petition before the RERC to review its earlier order passed on March 31, 2023. The earlier order had also rejected the demand of a special tariff […] Read more
IFESTOS- Large Carbon Capture Capture Project in Greece Gets EU Commission Grant Updated On Tue, Jul 18th, 2023 by Saurenergy The European Commission has picked out 41 projects to prepare grant agreements to enable firms dabbling in segments such as energy-intensive industries, hydrogen, renewable energy, and manufacturing components for energy storage and renewables. The EU has dedicated EUR 3.6 billion to enable various firms to bring innovative technologies to the market. The grants are from […] Read more
Hydrogen Project HyNCREASE in Germany Qualifies for European Grant Updated On Tue, Jul 18th, 2023 by Saurenergy The European Commission has picked out 41 projects to prepare grant agreements to enable firms dabbling in segments such as energy-intensive industries, hydrogen, renewable energy, and manufacturing components for energy storage and renewables. The EU has dedicated EUR 3.6 billion to enable the various firms to bring innovative technologies to the market. The grants are […] Read more