Changing Dynamics: Indian Green Firms Shift Focus On Energy Storage Updated On Fri, May 31st, 2024 by Saurenergy In March 2022, India’s leading renewable energy company Adani Green Energy Limited (AGEL) collaborated with another Indian leading player in the energy storage systems–Greenko. The partnership was to seek the Hyderabad-based company’s assistance in getting Round-The-Clock (RTC) power for AGEL’s projects through Greenko’s PSP assets. PSPs are often termed as giant batteries which can storage […] 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
SECI Seeks Bids For 500 MW Wind Projects In India Updated On Thu, May 30th, 2024 by Saurenergy The Solar Energy Corporation of India( SECI), a central public sector undertaking (PSU) dedicated to the solar energy sector has released a tender for selecting wind power developers to set up 500 MW Inter-State Transmission System (ISTS-connected) wind power projects in India, under tariff-based competitive bidding (TBCB). The tender document fee/ Cost Of Document – […] Read more
Reliance Owned REC Group Launches REC Alpha Pro M Updated On Thu, May 30th, 2024 by Saurenergy REC Group, an international pioneering solar energy company, has announced the launch of its REC Alpha Pro M Series. Based on REC’s advanced heterojunction cell technology (HJT), the new solar panel boasts an impressive power output, ranging from 610 to 640 watt-peak (Wp) and is designed specifically for commercial and industrial rooftop and ground mount […] Read more
Jakson Green Secures Rs 600 Mn RE Funding From HSBC Updated On Wed, May 29th, 2024 by Saurenergy Jakson Green has secured a Sustainable Trade Facility of Rs. 600 million from HSBC India. This funding will support the company’s working capital requirements for its renewable energy business, both in India and internationally. Jakson Green, renowned for its pioneering work in the sector of Renewables, Green Hydrogen, and its derivatives, is actively expanding its […] Read more
Green Stocks May 29: Waaree, Suzlon Stock Prices Up Updated On Wed, May 29th, 2024 by Saurenergy In the last one day two renewable energy companies made its presence felt in the stock market. Indian solar module manufacturer Waaree Renewable Technology and country’s wind turbine maker Suzlon witnessed the highest surge in their stock prices. While Waaree reported a surge of 5% in their stock prices, Suzlon Energy reported a rise of […] Read more
China To Spend $830 Mn For Solid-State Battery R&D: Report Updated On Wed, May 29th, 2024 by Saurenergy China is planning to spend $830 million on all-solid-state battery R&D, reveals a report by Chinese Daily. Six companies, including CATL, BYD, China FAW Group, SAIC Motor Corp, Beijing WeLion New Energy Technology, and Geely Auto Group, will likely receive basic R&D support from the government, the report said. Chinese Government departments are heading this […] Read more
ALMM, RLMM Exemption for Green Hydrogen Announced Updated On Wed, May 29th, 2024 by Saurenergy In an announcement that was widely speculated about, the Ministry of New and Renewable Energy has issued an office memorandum dated May 27, that exempts solar plants , and wind energy from ALMM( Approved list of models and manufacturers) and RLMM ( Revised list of Models and manufacturers) requirements respectively if they are dedicated for […] Read more
