Solis Hits 4 GW Milestone In India Updated On Mon, Jan 29th, 2024 by Saurenergy In 2015, Solis India embarked on its journey within the Indian solar power sector, emerging as a Tier 1 global inverter brand by BNEF. During this time, the exclusively string inverter firm has been a standout success story, benefiting both from a growing solar market in India as well as its own strategy focused on […] Read more
REC Ltd, NIIFL collaborate on funding solutions for renewable energy, other infra projects Updated On Mon, Jan 29th, 2024 by Saurenergy REC Limited has signed a Memorandum of Understanding (MoU) with the National Investment and Infrastructure Fund Limited (NIIFL) to collaborate on a suite of funding solutions for “Renewable Energy Projects” as well as large-scale infrastructure projects in India. REC Ltd is a Maharatna CPSE and also a leading NBFC that comes under the ambit of […] Read more
Tata Motors To Manufacture EVs in Sanand Factory From Coming April Updated On Tue, Jan 23rd, 2024 by Saurenergy Starting April this year, India’s EV giant Tata Motors is set to initiate the production of electric vehicles at the Sanand plant in Ahmedabad, Gujarat, that it had acquired from Ford India. The EV facility, obtained by Tata Passenger Electric Mobility Ltd, a unit of Tata Motors, for Rs 725.7 crore in January 2023, will […] Read more
MAHAPREIT, Hero Future Energies Collaborate To Develop RE Project Updated On Mon, Jan 22nd, 2024 by Saurenergy Hero Future Energies a two-wheeler manufacturing company and Maharashtra Public Sector Undertaking (PSU) MAHAPREIT have announced their collaboration for development of a renewable energy project on social media platform X. The company said, “We are excited to share that Hero Future Energies has signed a MoU with Mahatma Phule Renewable Energy and Infrastructure Technology Ltd […] Read more
Amazon’s Portfolio Can Power 7.2 million US Homes Each Year: Report Updated On Mon, Jan 22nd, 2024 by Saurenergy Amazon, a corporate company in the United States (US) invested in more than 100 new solar and wind energy projects in 2023, becoming the one of the corporate purchasers of renewable energy for the fourth year in a row. Amazon claims these investments include the company’s first brownfield project—which will repurpose a previously polluted Maryland […] Read more
US Announces $104mn Investment Plan For New Net-Zero Facilities Updated On Thu, Jan 18th, 2024 by Saurenergy The US Department of Energy (DOE) recently announced $104 million for energy conservation and clean energy projects at 31 Federal facilities. The latest step is part of President Biden’s strategy to re-establish the federal government as a sustainability leader. The funding announced by the President is part of the DOE’s Assisting Federal Facilities with Energy […] Read more
14 Trends That Drove Change In RE Within 2023: IEA Analysis Updated On Fri, Jan 12th, 2024 by Saurenergy The International Energy Agency (IEA) reviews 14 major trends that shaped 2023 and predicts future changes for energy sector in 2024. 1. 2023 Witnessed Change In Renewable Capacity Additions, driven by China’s solar PV market According to IEA , the global annual renewable capacity addition was expected to increase by almost 50% to nearly 510 […] Read more
Indian Railways Floats RTC Tender For 695MW Of Renewable Power Updated On Thu, Jan 11th, 2024 by Saurenergy The Indian Railways has now floated a tender, seeking developers to supply 695 MW of Round-the-Clock (RTC) power from grid-connected Renewable Energy. The Railway Energy Management Company Limited floated the tender on behalf of the Indian Railways. “REMC Ltd., for and on behalf of Indian Railways, invites bid in single stage two packet system for […] Read more
Germany’s Renewable Energy Capacity Increased By 12% YoY Updated On Tue, Jan 9th, 2024 by Saurenergy The Bundesnetzagentur, a German energy regulatory office in its preliminary figures on growth in renewable capacity in 2023, found an increase in Renewable Energy (RE) installed capacity by 17 gigawatts (GW). This represents a year-on-year (YoY) increase of 12%. The increase is mainly accounted for by solar and wind. According to this data shared by Bundesnetzagentur […] Read more
