KPI Green Leads Again With Lowest Bid In 500 MW GUVNL Auction Updated On Tue, Jun 11th, 2024 by Saurenergy Surat-based KPI Green Energy (Rs2.67), Avaada Energy (Rs 2.68), Solarcraft Power India -BluPine (Rs 2.69) , Hinduja Renewables and NRC Industries (Rs 2.72) have emerged winners in the 500 MW solar auction from Gujarat Urja Vikas Nigam Limited (GUVNL). The tender, released in March this year, continues the trend of state discoms attracting bids over […] Read more
KPI Green Energy Leads Winning Bidders With Rs 3.33 Bid For GUVNL Hybrid Auction Updated On Fri, Jun 7th, 2024 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL)’s 500 MW wind solar hybrid auction finally has a list of winning bidders, with an attractive price of Rs 3.33 achieved after the while process. Surat based KPI Green Energy led with the lowest bid, followed by Juniper Green Energy with a Rs 3.34 bid. JSW Green Energy and […] Read more
EU 2030 Net-Zero Targets Out Of Reach As Investments Plunge Updated On Mon, Jun 3rd, 2024 by Saurenergy The European Union (EU) is set to fall far behind its energy transition targets for renewable energy, clean technology capacity, and domestic supply chain investments, according to Rystad Energy research and modeling. The bloc’s capital investments (capex) in clean technologies – including renewables, carbon capture, utilisation and storage (CCUS), hydrogen, batteries, and nuclear – totaled […] Read more
Why Battery Makers In EU Are Shifting Their Base To The US? Updated On Mon, Jun 3rd, 2024 by Saurenergy Several European Union (EU) battery manufacturing companies are now shifting their interests to the United States (US). Better tax credits benefits and pro-renewable policies of the western country seem to have attracted several of them to look towards the US for better returns. A recent report by a global energy think tank Rystad Energy indicated […] Read more
US Releases New Rule To Incentivise Clean Energy Production Under IRA Updated On Thu, May 30th, 2024 by Saurenergy The US Department of the Treasury and Internal Revenue Service (IRS) released proposed guidance on the Clean Electricity Production Credit and Clean Electricity Investment Credit under the Inflation Reduction Act (IRA). This guideline was established by President Biden’s Inflation Reduction Act (IRA), to provide clarity to developers of clean electricity projects. This guidance is expected […] Read more
5 Interesting Green Ventures That Have the US’s DOE Backing Them Updated On Thu, May 30th, 2024 by Saurenergy There’s a lot of promising green energy startups and concepts out there that end up getting shuttered because of a lack of funding. Whether the lack is because they failed to raise publicity or their ideas being too ahead for their time, there are a multitude of reasons as to why a perfectly good idea […] Read more
RWE To Build 1.6 GW Wind Farm Off German North Sea Updated On Wed, May 29th, 2024 by Saurenergy RWE has made the investment decision for its Nordseecluster, involving offshore wind projects with a total capacity of 1.6 gigawatts (GW). The wind farms will be built in the North Sea, about 50 kilometres north of the island of Juist. Suppliers of the main components have already been selected for the cluster as a whole. […] Read more
Green Energy To Outpace Fossil Fuel In Middle-East By 2040: Rystad Updated On Tue, May 28th, 2024 by Saurenergy Renewables capacity in the Middle East is set to soar in the coming years, with green energy sources outpacing fossil fuel usage in the power sector by 2040, according to Rystad Energy’s latest research. Solar photovoltaic (PV) is expected to emerge as the predominant source, accounting for more than half of the region’s power supply […] Read more
Hyundai Installs First EV Charging Facility In Chennai Updated On Tue, May 28th, 2024 by Saurenergy Hyundai Motor India Limited (HMIL) has announced the inauguration of its first 180 kW DC fast public electric-powered vehicles (EV) charging station in Chennai, Tamil Nadu, comprising of 150 kW & 30 kW connectors. According to HMIL, it is the only fast public EV charging station currently installed in Chennai and is the first of […] Read more
