Servotech and NSEFI Signs Contract to Install a Solar-Powered EV Charging Carport Updated On Wed, Dec 14th, 2022 by Saurenergy To complete the development of a solar-powered, EV charger-enabled carport as part of a pilot demonstration, NSE-listed Servotech Power Systems Limited has struck an agreement with the National Solar Energy Federation of India (NSEFI), one of the leading solar bodies of India. With the aid of this pilot project, NSEFI has given Servotech a platform […] Read more
Mahindra CIE Automotive Takes 27% Stake in Captive Power Developer Strongsun Solar Updated On Tue, Dec 13th, 2022 by Saurenergy Automotive component maker and supplier Mahindra CIE Automotive has said that it has invested Rs 2.42 crore in Strongsun Solar. Mahindra has made the investment through a subscription of 3,03,250 equity shares of Rs 10 each of Strongsun Solar which will constitute 27.35% of the post-issue paid-up capital of the renewable energy company. Strongsun Solar […] Read more
India’s Biggest Data Center Player NTT India to Power Data Centres with Solar Power Updated On Mon, Dec 12th, 2022 by Saurenergy The NTT Group, the biggest data center player in India a global leader in offering people, customers, and communities technology and business solutions. The firm has said it will employ power from solar energy to maintain its environmental goals. The firm boasts of $108 billion in revenue and over 330,000 workers throughout more than 80 […] Read more
China-Based Growatt Unveils Inverter Series, Power Solns at Intersolar Expo, Ahmedabad Updated On Fri, Dec 9th, 2022 by Saurenergy China-based leading inverter brand Growatt unveiled its new series of inverters, technologies, sustainable EV charging and portable power solution for Indian customers at Intersolar India Expo 2022 held at Gandhinagar, Ahmedabad. Aside from its flagship residential inverters covering 1-15kW of power, the company also exhibited C&I inverters ranging from 20kW to 125kW. Among which, the […] Read more
IPP Globeleq Signs PPAs for 450 MW Solar Power in South Africa Updated On Fri, Dec 9th, 2022 by Saurenergy Globeleq, the key partner in the Ikamva Consortium, has said that it has reached legal close on six solar energy projects under South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The solar projects total to 450 MW in capacity. Globeleq, the Africa-focused independent power producer (IPP) – is majority partner in the Ikamva […] Read more
RECPDCL Floats Tender for Setting up 1.25 GW Solar Power Projects Updated On Tue, Dec 6th, 2022 by Saurenergy REC Limited’s subsidiary company, REC Power Development, and Consultancy (RECPDCL) has floated a tender for setting up 1250 MW (1.25 GW Solar Power) of interstate transmission system (ISTS)-connected through tariff-based competitive bidding (TBCB) process (Tranche-I) on building its own operate (b-O-O) basis. By combining thermal or hydroelectric with renewable energy and storage, the projects seek […] Read more
Dutch Ignore Warnings, Impose ‘Super Profits’ Ceiling On Solar Power Updated On Mon, Dec 5th, 2022 by Saurenergy India’s ‘windfall profits’ levy on oil refining firms has found an echo in Netherlands. Except that the Dutch have proposed a price ceiling on renewable energy producers to curb excess profits. The government of the Netherlands announced a €130/MWh (US$136) profit ceiling for solar and wind generation as part of the EU’s established ‘intramarginal levy’ […] 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