Avendus Capital Places India’s Renewable Investment Opportunity At $25 Billion Per Annum Updated On Wed, Mar 29th, 2023 by Saurenergy Avendus Capital, India’s largest Investment Banking franchise, has released a new research report on energy transition and clean energy investment in India, in collaboration with Clean Energy Pipeline, an independent research firm based in the UK. According to the study, the Indian energy transition landscape is expected to undergo a sea change over this decade […] Read more
Solar PLI Tranche 2 Allocations Released, 48 GW Of Domestic Manufacturing Capacity By 2025-26 Updated On Tue, Mar 28th, 2023 by Saurenergy The government of India has allocated 39600 MW of domestic Solar PV module manufacturing capacity under PLI (Tranche-II), or the Solar PLI scheme to incentivise domestic manufacturing. The PLI or Performance Linked Incentive scheme offers financial incentives to manufacturers for meeting specific milestones in sales, linked indirectly to capacity creation. The PLI (Tranche-II) is expected […] Read more
In Last 1530 Days, Revfin Financed 11 Electric Vehicles Daily Updated On Tue, Mar 28th, 2023 by Saurenergy EV finance firm Revfin says that it has financed over 17,118 electric vehicles in the last 51 months. This means, in the last 1530 days Revfin financed 11 electric vehicles everyday. These vehicles are plying in over 200 cities across 16 states of India. The firm has already contributed to reduction of 30486 metric ton […] Read more
Irish Firm Aer Soléir to Develop 130 MW Hybrid Project in Spain Updated On Tue, Mar 28th, 2023 by Saurenergy Ireland-based Aer Soléir and Spanish developer Tartessos Power Development have announced the signing of a development services agreement covering the co-development of a hybrid project of more than 130 MW in the Andalucía region of Spain. Aer Soléir is focused on multi-technology renewable energy development, construction and operation with a particular emphasis on utility-scale onshore […] Read more
Southeast Asia Needs US$200bn for Swift Energy Transition by 2030: IEA Updated On Tue, Mar 28th, 2023 by Saurenergy The International Energy Agency (IEA) in its latest report has noted that Southeast Asia will need at least US$200bn worth of investment in the energy sector by 2030 to speed up their clean energy transition. As per reports, the investments in renewables need more impetus with sufficient policies to support the development of robust project […] Read more
Wärtsilä, Eolian Complete 200 MW Standalone ESS in Texas Updated On Tue, Mar 28th, 2023 by Saurenergy Finnish engineering company firm has announced that it has reached commercial operation date (COD) for two major interconnected energy storage systems in South Texas totaling 200 MW and owned by Eolian, a portfolio company of Global Infrastructure Partners. The two ESS projects are called Madero and Ignacio plants that will be operated using Eolian software, […] Read more
LONGi Steps Up Efforts to Bolster Renewables Biz in Singapore, Indonesia Updated On Mon, Mar 27th, 2023 by Saurenergy Global solar module manufacturer LONGi has said that it will be key to facilitate renewable energy cooperation between the South East Asian countries of Singapore and Indonesia. An MoU on renewable energy cooperation has been signed by Luhut Binsar Pandjaitan, Indonesia’s Coordinating Minister for Maritime Affairs and Investment, and Teo Chee Hean, Singapore’s Senior Minister […] Read more
ARENQ & RDL Technologies Forge Partnership for Battery Monitoring Updated On Mon, Mar 27th, 2023 by Saurenergy Manufacturer and distributor of storage batteries, ARENQ, has forged a five-year partnership with RDL Technologies for battery monitoring with IoT (Internet of Things) devices. RDL Technologies is a manufacturer of IoT products and software solutions. The firm will look after the development of IoT devices that will upload data from the Battery Management System (BMS) […] Read more
EDF Wins 1 GW Offshore Wind Farm Project to be Set Up in Northern France Updated On Mon, Mar 27th, 2023 by Saurenergy French utility EDF has bagged a 1 GW capacity tender aimed at the development of a wind power farm. The 1 GW wind farm is to be established off the coast of Normandy located in northern France. France had revealed that it was developing the offshore project in 2019. This offshore wind farm is part […] Read more
