Solex Ties Up With GMEE, Wuxi Tidewinner To Expand Capacity By 800MW Updated On Thu, May 23rd, 2024 by Saurenergy Solex Energy Limited today announced signing of a Memorandum of Understanding (MoU) with GMEE Solar and Wuxi Tidewinner Industrial International Co., Ltd. This partnership will facilitate an 800 MW capacity expansion, enhancing Solex Energy’s existing 700 MW production capability to 1.5 GW by the end of the second quarter of FY 24-25. A release from […] Read more
Land Issues Slowing Down RE Projects In South Asia: Bloomberg Updated On Thu, May 23rd, 2024 by Saurenergy According to a recent report by Bloomberg’s New Energy Outlook (BNEF), renewables can overtake fossil fuels to reach 51% of power supply in 2030, 63% in 2040, and 70% in 2050. Bloomberg reported the current scenario and found that the global electricity demand based on the Economic Transition Scenario (ETS) grew by over 70% from […] Read more
Airbnb Inks Deal With ChargePoint To Expand EV Charging Firm At Its Listings Updated On Thu, May 23rd, 2024 by Saurenergy Electric Vehicle charging solutions firm ChargePoint and Airbnb have announced a partnership to meet demand in EV charging from Airbnb guests. The partnership aims to make it easier for Airbnb hosts in the United States to install EV chargers at their listings and expand access to EV chargers across the U.S. “We are thrilled to […] Read more
May 23- For a Change Market Plays Catch Up With Green Stocks Updated On Thu, May 23rd, 2024 by Saurenergy On a day when the broader Nifty Index was up almost 1.6%, most green energy stocks trailed market gains. While Waaree Renewable Technologies remained locked into the lower 5% circuit, other EPC players like Sterling and Wilson Renewable also dropped appreciably, while KPI Green managed to hold on to morning gains at close as well. […] Read more
News Brief May 23 – Atiaia Energia, Babcock & Wilcox Solar Energy, MG Motors Updated On Thu, May 23rd, 2024 by Saurenergy V.tal Signs Solar Energy Agreements with Atiaia Energia and Atlas Brasil Energia Digital services and telecommunications infrastructure provider V.tal has inked two major agreements for solar energy self-production. These CADE-approved agreements comprise collaborations with Atlas Brasil Energia and Atiaia Energia, two generators. As per the terms of the deal with Atiaia Energia, V.tal will form […] Read more
Waaree Energies To Supply 445 MW Solar Modules to Statkraft Updated On Thu, May 23rd, 2024 by Saurenergy Waaree Energies Limited is set to illuminate single-location solar projects in Bikaner, Rajasthan, with a supply of 445 MW of its 540/545Wp dual glass bifacial modules. The delivery is scheduled for delivery between May and August 2024. Hitesh Doshi, Chairman and Managing Director of Waaree Energies Limited said, “This partnership with Statkraft India represents a pivotal […] Read more
ProsParity Raises $2 Mn Pre-Seed EV Fund From Global Investors Updated On Thu, May 23rd, 2024 by Saurenergy ProsParity, a fintech platform involved in the distribution of credit in the electric mobility sector, has raised a $2 million pre-seed funding round from global institutional investors. These financial investors are BEENEXT, Sparrow Capital, All In Capital, DeVC, and Huddle Ventures. BEENEXT is a Venture Capital fund managed by serial entrepreneurs ProsParity is an end-to-end electric […] Read more
Exempt 100% Of ISTS Charges For RE Power Till 2030: IEEFA Updated On Thu, May 23rd, 2024 by Saurenergy The Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research and Analytics have prepared and shared a list of key recommendations that the new Union government post-elections should take up in the first 100-days to reach the renewable energy targets up to 2030. As per the Indian government’s own target it wants to […] Read more
Maharashtra Plans Allowing Virtual Net-Metering To Boost RTS Updated On Thu, May 23rd, 2024 by Saurenergy In a bid to promote rooftop solar installations, the Maharashtra Electricity Regulatory Commission (MERC) has proposed to allow virtual net-metering for residential consumers. The move is meant to empower the urban residents living in multistoried buildings to get the benefits of reducing the monthly electricity bills by adopting solar power through virtual net-meters. The same […] Read more
