European Aerospace Corporation Airbus to Buy Green Hydrogen from India Updated On Tue, Dec 6th, 2022 by Saurenergy As the world realises the significance of green hydrogen in the transition towards a cleaner world and decarbonisation, more and more corporations are looking to power their operations with it. Airbus, the multinational aerospace European giant is the most recent to jump onto the bandwagon. Airbus has set sights on procuring Green Hydrogen from India, […] Read more
A Double-Decker Electric Buses Introduces by BEST on January 14, 2023 Updated On Mon, Dec 5th, 2022 by Saurenergy In January 2023, double-decker electric buses will be introduced to the city by the Brihanmumbai Electricity Supply and Transport (BEST), according to an official. This month, the BEST will debut its premium e-bus service. In a statement to the media recently, BEST general manager Lokesh Chandra said that the clearances for double-decker e-buses are nearing […] Read more
TCIL Invites Bids for Selecting Partner to Install 2 MW Floating Solar in Mauritius Updated On Mon, Dec 5th, 2022 by Saurenergy To find a partner for the design, provision, installation, testing, and commissioning of a 2 MW floating solar power plant at Tamarind Falls Reservoir in Mauritius, government-owned Telecommunications Consultants India Limited (TCIL) has released an expression of interest (EoI). The deadline for submitting proposals is December 21, 2022. On the same day, bids will be […] Read more
India’s L&T & Japan’s SMBC Conclude $107 Mn Sustainability Linked Loan Updated On Fri, Dec 2nd, 2022 by Saurenergy A Japanese multinational banking and financial services institution, Sumitomo Mitsui Banking Corporation (SMBC), and India’s multinational conglomerate company Larsen & Toubro Limited (L&T) recently successfully finalised a three-year, $107 million sustainability-linked loan. SMBC was the sustainability coordinator and lender. In a statement, L&T noted that its continuous dedication to its environmental, social, and governance (ESG) […] Read more
NREL Confirms Spike In Solar and Storage Costs In US Updated On Fri, Dec 2nd, 2022 by Saurenergy The National Renewable Energy Laboratory (NREL), the premier government entity tasked with tracking and projecting impact of technology changes in the renewables space, has come out with its annual benchmarking report on prices. And the findings are no surprise, to those who have been in the market. Using 2021 prices, NREL estimates that utility-scale PV […] Read more
UP Govt’s Ambitious Plan to Power Textile Industry with Solar Energy Updated On Fri, Dec 2nd, 2022 by Saurenergy The Uttar Pradesh Government has approved a scheme under which the handloom sector will be powered with solar energy. The scheme, to be executed in a phased manner, will impact millions of families dependent on the handloom sector for a living. As per the scheme, weavers belonging to the general category will get 50 per […] Read more
AMEA Power Closes Financing of 1 GW Solar, Wind Project for US$1.1 Bn in Egypt Updated On Thu, Dec 1st, 2022 by Saurenergy AMEA Power, a Dubai-based developer, owner and operator of renewable generation assets, has closed the financing of 1 GW of renewable energy projects. The projects, which are to come up in Egypt, entail a 500 MW solar PV plant and a 500 MW wind farm. The US$1.1 billion investment for the project has been provided […] Read more
Corporate Solar Offtakers in US Contribute 14% of Installed Solar Capacity; Meta Takes Lead Updated On Wed, Nov 30th, 2022 by Saurenergy As per a study by Solar Energy Industries Association (SEIA) corporate solar offtakers in the USA now make up 14 per cent of solar capacity installed in the country. At the forefront of this impact is Meta. Up until June this year, solar power capacity contracted by American corporates stood at a cumulative capacity of […] Read more
US Solar Output Increases by 26% in First Nine Months of 2022 Y-o-Y Updated On Wed, Nov 30th, 2022 by Saurenergy According to the latest report from the country’s Energy Information Administration (EIA), solar PV generation increased in the US during the first nine months of the year by 26.1% compared to the same period last year. According to information from its publication “Electric Power Monthly,” solar PV generated 21.02% more electricity in September 2022 than […] Read more
