Clean energy spending has jumped 50% to record levels since Oct end: IEA Updated On Tue, Apr 12th, 2022 by Saurenergy Clean energy spending earmarked by governments in response to the Covid-19 crisis has risen by 50% over the past five months and now stands at over USD 710 billion worldwide, though there are troubling imbalances between regions, according to the latest update of the IEA’s Sustainable Recovery Tracker. This unprecedented amount of enacted spending is […] Read more
Enphase Energy Expands Manufacturing Capacity with Flex in Romania Updated On Tue, Apr 5th, 2022 by Saurenergy California-headquartered Enphase Energy, an energy technology company and supplier of microinverter-based solar and battery systems, has announced the expansion of its nearly 15-year relationship with global diversified manufacturer Flex®. Starting in the first quarter of 2023, Flex’s factory in Timisoara, Romania, will begin manufacturing Enphase® microinverters for the European market, addressing the region’s rapid growth […] Read more
Statiq Collaborates with HPCL to Add 200+ EV Chargers in UP-Bihar-Uttarakhand Updated On Wed, Mar 30th, 2022 by Saurenergy Electric vehicle (EV) charging network Statiq has collaborated with state-owned refining and marketing company Hindustan Petroleum Corporation Ltd (HPCL) to increase the number of Statiq chargers open to the public to more than 200 in the states of Uttar Pradesh, Bihar and Uttarakhand. Statiq says that 10,000 such chargers will be established by the end […] Read more
AGL to Build Australia’s Largest Energy Storage Facility Updated On Wed, Mar 23rd, 2022 by Saurenergy AGL Energy Ltd – an Australian integrated energy generation and retail company – has announced that it has got the approval from the state government of New South Wales to build the country’s largest battery storage. Recently, AGL had proposed to construct a 500MW/2,000MWh battery energy storage system (BESS) as part of the Hunter Energy […] Read more
Arcelor Mittal, Greenko In $600 million deal for 975 MW RTC power Updated On Wed, Mar 23rd, 2022 by Saurenergy In one of the largest corporate deals to mitigate carbon emissions in India, metals major ArcelorMittal has announced it will invest $600 million (Over Rs 4500 crores) to develop, in partnership with Hyderabad based Greenko Group, a 975-MW ‘round the clock’ renewable energy project in Andhra Pradesh. ArcelorMittal had declared plans to foray into green […] Read more
“We are looking at a significant market share in India”, Sunil Thamaran, Enphase Energy Updated On Sat, Mar 19th, 2022 by Saurenergy The Fremont, California Headquartered Enphase Energy has always travelled the path less travelled. Started in 2006, the solar inverter technology firm went the micro-inverter route, instead of the conventional industry move towards string inverters. Over time, the move has paid rich dividends, with the firm closing 2021 with revenues of $1.38 billion, a strong 78.5% […] Read more
Technip Collaborates with Greenko for Green Hydrogen Projects in India Updated On Wed, Mar 16th, 2022 by Saurenergy Technip Energies has signed a memorandum of understanding (MoU) with ZeroC to explore opportunities for the development of green hydrogen projects in India. Technip is a France based engineering company and ZeroC is a subsidiary of Indian renewable energy player Greenko Group. As per a statement of Technip, the company comes with its hydrogen expertise, […] Read more
How Australia’s States Are Leading The Renewables Push Updated On Fri, Mar 11th, 2022 by Saurenergy Australia’s states have taken the lead in the push for renewables, with Tasmania setting a 200% target for renewable energy by 2040. NSW and South Australia have also made aggressive plans. The country already has a rooftop solar penetration of over 30%, the highest in the world, making rooftop solar the largest contributor to its […] Read more
RERC approves levelised tarrif of Rs 2.89 For Kusum Component C Project Updated On Wed, Mar 9th, 2022 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) recently ruled in favour of Jaipur Vidyut Vitran Nigam Ltd. (JVVNL), which had requested the commission to approve the levelized tariff discovered through competitive bidding for a 4.24 MW pilot solar power project for feeder level solarization under Component-C of the PM-KUSUM scheme. The Ministry of New and Renewable Energy […] Read more