EIB Grants Ørsted €500 M Loan for Green Energy Projects Updated On Thu, Sep 30th, 2021 by Saurenergy The European Investment Bank (EIB) has signed a EUR 500 million loan with Danish energy company Ørsted to support its increased capex programme on renewable energy projects, and the conclusion of the Borssele 1 & 2 wind farms off the Dutch coast with a long-term commitment from the EIB. The EIB issues long-term loans on […] Read more
63% of Planned Battery Storage in US to Be Co-Located With Solar Updated On Thu, Sep 30th, 2021 by Saurenergy Of the 14.5 gigawatts (GW) of battery storage power capacity planned to come online in the United States from 2021 to 2024, 9.4 GW (63%) will be co-located with a solar photovoltaic (PV) power plant, based on data reported to us and published in the Annual Electric Generator Report. Another 1.3 GW of battery storage […] Read more
Meyer Burger Plans to Build High-performance Module Facility in Arizona Updated On Wed, Sep 29th, 2021 by Saurenergy Meyer Burger Technology is planning a production site for high-performance solar modules in the United States. The initial production capacity will be 400 megawatts a year – with potential for further expansion to several gigawatts of capacity. The planned plant will make it possible to manufacture high-performance solar modules for the house roof segment, for […] Read more
Ford to Invest $11.4 B on EV Production in the US Updated On Wed, Sep 29th, 2021 by Saurenergy Michigan-headquartered multinational automaker Ford, along with its South Korean partner SK Innovation, plans to invest $11.4 billion electric vehicle production, creating nearly 11,000 new jobs at the Tennessee and Kentucky mega-sites. This will be the largest ever U.S. investment in EVs at one time by any automotive manufacturer, said the company. While Ford is stumping […] Read more
JinkoSolar Builds 7 GW Ingot & Wafer Facility in Vietnam Updated On Wed, Sep 29th, 2021 by Saurenergy Shanghai-headquartered JinkoSolar is investing $500 million to build a monocrystalline ingot and wafer manufacturing facility, which is expected to have an annual capacity of 7GW, in Quảng Ninh Province, Vietnam. The Chinese solar module manufacturer has begun to work on the ingot and wafer facility, which will support its existing overseas production facilities. As the […] Read more
Chennai Central Turns Solar Central Updated On Mon, Sep 27th, 2021 by Saurenergy The Puratchi Thalaivar Dr. M.G. Ramachandran Central or Chennai Central railway station, under the South Central Railway (SCR), has met the 100% day energy requirement target by solar panels installed on the platform shelters of the station. Informing about the same, Union railway minister Ashwini Vaishnaw tweeted, “100% Day energy requirement of Chennai Central Station […] Read more
Russia Selects 775 MW Solar PV Capacity in Latest RE Auction Updated On Fri, Sep 24th, 2021 by Saurenergy Russian trading system administrator JSC ATS has announced the results of renewable energy auction that came to a close on September 9, 2021. A total of 774.8 MW (rounded up to 775 MW) solar PV capacity has made the cut. The capacity of 18 winning solar power projects ranges between 8.47 MW to 60 MW, with […] Read more
Jakson Group Launches New Battery Energy Storage System Updated On Wed, Sep 22nd, 2021 by Saurenergy Jakson Group, a Noida-based energy and infrastructure company, has launched EnerPack, a new battery energy storage system (BESS), to help mitigate climate change and facilitate unhindered supply of green power. This product provides carbon-free clean power and enables uninterrupted silent power supply while significantly reducing costs, said the company. Equipped with a hybrid inverter, lithium-ion […] Read more
International RECs: A reliable way to go 100% Renewable Updated On Thu, Sep 16th, 2021 by Saurenergy Introduction: Sustainability Goals and Commitments The Race to Zero campaign was launched by the UNFCCC’s Climate Ambition Alliance with a goal of achieving net zero carbon emissions by 2050. As of February 2021, 1,397 businesses have pledged to join the Race to Zero campaign and achieve net zero carbon emissions by 2050. These include the […] Read more
