Ministry of Heavy Industries Greenlights 7,432 EV Charging Stations Across India Updated On Mon, Dec 11th, 2023 by Saurenergy In a major announcement that is set to transform the EV (electric vehicle) charging landscape of the country, the Ministry of Heavy Industries has given its nod for 7,432 EV charging stations. The charging stations will be set up by three Oil Marketing Companies (OMCs). The announcement comes under the second phase of the FAME […] Read more
US Grid Gets First Injection of Offshore Wind Electricity Updated On Mon, Dec 11th, 2023 by Saurenergy In a significant yet unheralded milestone, an offshore wind energy turbine has become the first to send power to the US grid. marking the beginning of what many hope will be a critical source of clean power for the country. Danish wind energy developer Ørsted and the utility Eversource announced on Dec 7 that the […] Read more
US Energy Firm Puget Sound Energy Announces Utility-Scale Wind Farm At Montana Updated On Fri, Dec 8th, 2023 by Saurenergy United States (US)-based energy company Puget Sound Energy (PSE) announced today it is developing the Beaver Creek wind farm, a utility-scale wind project that will be located on the high plains in Stillwater County, Montana, in the US. The Beaver Creek wind farm is the latest addition in a growing list of renewable energy resources […] Read more
US Expected To Add 33 GW Of Solar Capacity In 2023: Wood Mackenzie Updated On Thu, Dec 7th, 2023 by Saurenergy Wood Mackenzie, a research-based organization and SEIA (Solar Energy Industry Association), a solar industry association of the US shared an update on installed utility PV capacity in the US. Based on evidence, it estimates solar capacity can reach 4 GW by 2023. It showcases that the sector has achieved 58% growth compared to Q3 2022. […] Read more
Adani Green Seals Its Largest Project Financing Of USD 1.36 billion Updated On Tue, Dec 5th, 2023 by Saurenergy Read more
Adani Green Seals Its Largest Project Financing Of USD 1.36 billion Updated On Tue, Dec 5th, 2023 by Saurenergy Adani Green Energy Ltd (AGEL) announced a follow-on funding of USD 1.36 billion (Bn) to further boost its Construction Financing Framework to USD 3 Bn backed by a consortium of renowned international banks. The renewable energy firm said that the green loan facility would play a pivotal role in enabling the development of AGEL’s next […] Read more
ReNew Signs MoU with Asian Development Bank for US$ 5.3 billion Funding Updated On Tue, Dec 5th, 2023 by Saurenergy ReNew Energy Global Plc (“ReNew”), on Sunday, signed a Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) to collaborate on climate change mitigation and adaptation projects. The MoU covers projects with investment value of more than US$ 5.3 billion between 2023 and 2028. The MoU was signed at COP28, Dubai by ReNew’s Founder, […] Read more
UAE’s Clean Energy Powerhouse Masdar Expands European Footprint With 1GW Portfolio Updated On Tue, Dec 5th, 2023 by Saurenergy Masdar, the UAE’s clean energy powerhouse announced the acquisition of eight hybrid renewable energy projects, along with Taaleri Energia, a Finland-based renewable energy developer and fund manager, marking a significant expansion to both companies’ Polish renewable energy portfolios. The announcement was made on December 4, and follows a series of announcements by the government owned […] Read more
US Proposes Norms To Counter Chinese Domination In Battery Manufacturing Updated On Mon, Dec 4th, 2023 by Saurenergy The US Department of Treasury and the IRS (Internal Revenue Service) has now proposed guidelines on clean vehicles credits under the Inflation Reduction Act (IRA). It is expected to lower costs for consumers, spur growth in the US vehicle manufacturing, and strengthen energy security. The move is also likely to reduce the dependency of the […] Read more
