IREDA & IIFCL Unite for Financing of Renewable Energy Projects Updated On Tue, Sep 5th, 2023 by Saurenergy A Mini Ratna (Category – I) Government of India enterprise under Ministry of New and Renewable Energy, Indian Renewable Energy Development Agency Ltd., (IREDA) has joined hands with India Infrastructure Finance Co. Ltd (IIFCL). The MoU signed between the two entities will pave the for the financing of renewable energy projects. IREDA and IIFCL will […] Read more
GoodWe’s Customer Outreach Series Gets Strong Response in Hyderabad Updated On Tue, Sep 5th, 2023 by Saurenergy GoodWe has announced the successful culmination of its fourth customer meet in Hyderabad. As part of an ongoing series of events across various cities in India, this customer-centric initiative reinforces GoodWe’s commitment to fostering strong relationships with its valued customers and stakeholders. The event was supported by Evervolt Green Energy Pvt Ltd, a key distribution […] Read more
Airtel To Source 23,000 MWh of Renewable Power For 6 Data Centers Updated On Mon, Sep 4th, 2023 by Saurenergy Telecom operator Airtel today announced that it would purchase 23,000 MWh of renewable energy by Q4 FY 23-24 for its data center company, Nxtra. The telecom firm will acquire stakes in the renewable energy project companies established by Continuum Green India Pvt. Ltd. and Vibrant Energy Holdings Pte. Ltd. to power six of Nxtra’s Edge […] Read more
NIIF-Backed Ayana Renewable Power To develop 330 MW RE Capacity For Hindalco Updated On Mon, Sep 4th, 2023 by Saurenergy Ayana Renewable Power, one of the largest Independent Power Producers (IPP) in India and backed by National Investment and Infrastructure Fund (NIIF), British International Investment (BII) and Green Growth Equity Fund, has signed a Power Purchase Agreement with Hindalco Industries Limited, the metals flagship company of the Aditya Birla Group, for the supply of 100 MW of Round-the-Clock […] Read more
Increased Wind, Hydro Power Surged Renewable Generation In July Updated On Mon, Sep 4th, 2023 by Saurenergy An analysis of the latest monthly renewable energy generation data from the Central Electricity Authority (CEA) claimed that the increased generation of clean energy from wind power projects and small and hydropower projects led to an overall increase in non-fossil fuel energy generation in July this year. However, the data also revealed that solar energy generation during […] Read more
Govt Releases Framework For Promoting Energy Storage Updated On Mon, Sep 4th, 2023 by Saurenergy The Ministry of Power has now released a detailed framework for promoting energy storage systems (ESS) in the country. The framework includes the promotion of battery storage systems as well as pumped storage systems. The ministry guidelines advocated for a Viability Gap Funding (VGF) of up to 40 percent of the project’s capital cost to make […] Read more
Sungrow Reaches 15 GW Order Milestone in Latin America Updated On Mon, Sep 4th, 2023 by Saurenergy Sungrow, ranked by some measures as the leading inverter and energy storage system supplier, announced its cumulative PV inverter orders signed in Latin America have reached 15 GW, among which the primary momentum is Brazil with 10 GW, during Intersolar South America on August 29-31, 2023. In addition, the Company introduced several innovations including the new three-phase 220V string […] Read more
Trina Trackers Adds 2.5 GW Plant In Brazil, Global Capacity Now 10 GW Updated On Mon, Sep 4th, 2023 by Saurenergy TrinaTracker, a smart tracker solution provider which is part of Trina Solar Co., has opened a smart tracker manufacturing plant in Salvador, Brazil. The factory will have annual production capacity of 2.5GW and will increase TrinaTracker’s global production capacity to 10GW, to meet the company’s growing business needs. TrinaTracker smart control system production line This is […] Read more
Australia’s Iron Ore Industry Faces Challenges in Decarbonizing Steel Updated On Fri, Sep 1st, 2023 by Saurenergy A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) warns that Australia’s iron ore industry is at risk of losing ground to other countries as they move to meet growing global demand for green iron. The report states that the quality of the ore from Australia’s primary iron ore-producing region, the Pilbara, mainly […] Read more
