81% of RE Additions In 2023 Were Cheaper Than Fossil Fuels: IRENA Updated On Wed, Sep 25th, 2024 by Saurenergy Renewables remain competitive despite fossil fuel prices returning closer to historical cost levels, concludes Renewable Power Generation Costs in 2023, released by the International Renewable Energy Agency (IRENA) at the Global Renewables Summit during the UN General Assembly in New York today. Of the record 473 gigawatts (GW) added in 2023, 81% or 382 GW […] Read more
World Is On Track To Add 593 GW Solar Power By 2024: EMBER Updated On Thu, Sep 19th, 2024 by Saurenergy The world this year saw a strong increase in solar energy installation which is now estimated to install 593 GW of solar panels by the end of this year i.e., in 2024, according to the latest report by EMBER. A recent report by the research organization found that at the current rate of installation, solar […] Read more
Sep 18 Int’l Briefs- Ib Vogt, USTR Section 301 Tariffs, Al Ajban Project Updated On Wed, Sep 18th, 2024 by Saurenergy ib vogt and NextEnergy Capital agree on 110 MWp Solar Project acquisition for their NextPower V ESG fund International solar developer ib vogt and NextPower V ESG have successfully agreed on a deal for the sale and purchase of a 110 MWp solar photovoltaic project, respectively. The project, located in Segovia, Spain, is to be […] Read more
Coming Soon: World’s Largest 16 Gwh Supercap Energy Storage Facility Updated On Tue, Sep 17th, 2024 by Saurenergy Dubai based supercap energy storage manufacturer Enercap Holdings and Abu Dhabi based Apex Investments PSC, a leading diversified investment holding company have formed a joint-venture to build 16GWh per year manufacturing capacity of supercap energy storage, a cutting-edge technology with features that surpass the current lithium-ion technology we commonly see. The joint venture is set […] Read more
Solex Energy First Indian PV Module Firm To Get MCS Certification Updated On Sat, Sep 14th, 2024 by Saurenergy Surat based Solar Module Manufacturer Solex Energy Limited, has become the first Indian PV Module manufacturer to be certified with the prestigious MCS 005 certificate under the BSI Kitemark, supported by the United Kingdom Accreditation Service (UKAS). The MCS stands for Microgeneration Certification Scheme and MCS 005 is the quality certification for solar PV modules. […] Read more
L&T Carves Out Renewable Energy Vertical In Its Infrastructure Segment Updated On Mon, Sep 2nd, 2024 by Saurenergy Effective from 1st September 2024, Larsen & Toubro (L&T) carved out a separate business vertical for renewable EPC out of its Power Transmission and Distribution (PT&D) business, within its Infrastructure Projects segment. L&T has created the Renewable EPC business, as an addition to its construction verticals. The move comes at a time when the division […] Read more
Engineer – PHE Design Updated On Wed, Aug 14th, 2024 by Saurenergy Responsible for engineering, design, and modification activities related to mechanical equipment, vessels and tanks and piping systems including equipment and piping specifications and procurement. May be involved with the support of installation and operation & maintenance of equipment. Discipline concerning air conditioning, refrigeration, ventilation, combustion, heat transfer, energy, power, fuels, propulsion, machinery, tools, manufacturing, fluids, […] Read more
News Briefs July 31- Chinese Manufacturers Make Global Moves Updated On Wed, Jul 31st, 2024 by Saurenergy From Jinko in Spain to Drinda in Oman, or Power China in the UAE, it’s been a week when China’s many solar manufacturers have made big moves globally to align themselves to emerging opportunities and challenges. Earlier last week, Saudi Arabia’s PIF fund had also announced some major manufacturing plans for the kingdom with leading […] Read more
Rays Power Experts Raises Rs 20 Cr Equity Funding Updated On Thu, Jul 25th, 2024 by Saurenergy Rays Power Experts, a leading full-service solar park developer in India, has raised INR 200 million in equity funding. The lead advisor for this transaction was Swastika Investmart Limited. The funding round included investments from prominent investors such as the Sunil Singhania family office, Vyom Wealth Advisors, Lalit Dua of Rajasthan Global Securities, Vineet Arora […] Read more