EBRD, GCF Support 500 MW Wind Farm In Egypt; To Be Largest In Africa Updated On Thu, Apr 6th, 2023 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has issued a senior secured loan of up to $100 million to Red Sea Wind Energy for the development, construction and operation of a new 500 MW onshore wind farm located in the Gulf of Suez area in Egypt. The loan consists of a portion of up […] Read more
Vedanta, SRIPL Collaborate for 105 MW Renewable Power for Chhattisgarh Smelter Updated On Wed, Apr 5th, 2023 by Saurenergy Vedanta owned Bharat Aluminium Company Ltd. (BALCO) has said that it has signed an agreement with Serentica Renewables India Private Ltd (SRIPL) whereby the two firms will establish a special purpose vehicle (SPV) to source hybrid renewable energy for the aluminium operations in Chhattisgarh. Vedanta revealed in a regulatory filing “BALCO has entered into a […] Read more
Nordex Group Bags 106 MW Lithuanian Wind Turbine Order Updated On Wed, Apr 5th, 2023 by Saurenergy German wind turbine maker and seller, Nordex Group has announced that it has signed a contract with renewable energy developer E energija group for the supply and installation of wind turbines for a 106 MW wind project in Lithuania. Nordex Group said that the contract was signed March end. The order includes supply, delivery, and […] Read more
Jakson Group Poised for Manufacturing Expansion Through Agreement with Jinchen Corp Updated On Tue, Apr 4th, 2023 by Saurenergy Indian energy group Jakson Group, has signed an agreement with Jinchen Corp, a turnkey supplier of advanced solar module manufacturing equipment and technology in China. The association is a step forward in Jakson Group’s targets to expand its solar PV manufacturing capacities further in India upto 3 GW annually. It will also strengthen its plans […] Read more
Crash in Lithium Prices: A Boon for EV Buyers or Unsustainable Trend? Updated On Tue, Apr 4th, 2023 by Saurenergy Prices of the so-called ‘White Gold’ has been declining for the past few months. Lithium is a common ingredient in almost all electric-car batteries we use today. The drop in commodity prices has made it easier for carmakers to cut prices for electric vehicles. For instance, last month, Tesla lowered the prices of its two […] Read more
Chinese Equipment Maker Mingyang Wins First Japanese Offshore Wind Deal Updated On Mon, Apr 3rd, 2023 by Saurenergy In what is likely to be seen as a key milestone for Chinese Wind Energy manufacturing, Ming Yang Smart Energy Group, a Chinese maker of wind power equipment, said it has shipped its turbine generator system to Nyuzen-machi Offshore Wind Farm, the first Japanese offshore wind power project to use turbines made in China. Mingyang […] Read more
Ascend Elements Opens Largest EV Battery Recycling Facility of North America Updated On Fri, Mar 31st, 2023 by Saurenergy As recycling continues to emerge as a key pillar of the Lithium battery question, Ascend Elements has opened its first commercial-scale lithium-ion battery recycling facility this week. The facility is claimed to be the largest in the US, the world’s largest auto market. Ascend Elements said that located in Covington, Georgia, the $50 million Base […] Read more
Fujiyama Launches 5 New E-Scooters in India with Prices Starting Rs 49,499 Updated On Thu, Mar 30th, 2023 by Saurenergy India’s e-scooter manufacturing firm, Fujiyama has introduced five electric scooters in India. The firm will begin with introductory offer prices ranging between Rs 49,499 to Rs 99,999 for the e-scooters. Amongst the five models launched, four are low-speed models viz. Spectra Pro, Spectra, Vespar, Thunder models. One is a high-speed model called Ozone+. As per […] Read more
Vattenfall, Havfram Sign Preferred Supplier Agreement for Norfolk Wind Projects Updated On Thu, Mar 30th, 2023 by Saurenergy Global wind energy conglomerate Vattenfall has announced that it has appointed Havfram Wind as preferred supplier for the installation of wind turbines for the Norfolk projects of Vattenfall in the United Kingdom. Havfram said that the agreement covers transport and installation works over a period of three years, utilizing the new-build NG20000X Jack-Up Wind Turbine […] Read more
