GE Vernova Plans $600 Mn Investment To Build US Factories Over Next Two Yrs Updated On Fri, Jan 31st, 2025 by Saurenergy GE Vernova Inc., a US-based energy manufacturer has announced plans to invest nearly $600 million in its US factories and facilities over the next two years to help meet the surging demand worldwide. The new investments – expected to create more than 1,500 new US jobs – will help drive its energy affordability, national security, […] Read more
Q4 2024 Prices: EU-North America See Fall In Solar, Wind Sees Marginal Uptick Updated On Fri, Jan 31st, 2025 by Saurenergy The latest report by LevelTen Energy showcases the energy Power Purchase Agreement (PPA) trend for Q4, 2024 in the global west, i.e., the European and the North American market. The report found that the European solar PPA prices have been steadily declining over the last two years, as the energy sector continues to return to […] Read more
Ethiopia Leapfrogs Ahead With Africa’s First EV Directive Updated On Fri, Jan 31st, 2025 by Saurenergy Ethiopia has approved Africa’s first EV Charging Directive, paving the way for infrastructure expansion, enforcing licensing, and setting electrification goals. Ethiopia’s latest electric vehicle (EV) charging directive aims to establish EV charging stations every 50 km. The country also plans to replace 30% of internal combustion engine (ICE) vehicles within a decade. The plan is […] Read more
SEIA Envisions To Install 700 GWh ESS Across US By 2030 Updated On Thu, Jan 30th, 2025 by Saurenergy US solar body Solar Energy Industries Association (SEIA) has unveiled a target for the U.S. to deploy 10 million distributed storage installations and reach 700 gigawatt-hours (GWh). These targets are part of a new whitepaper that analyzes the economic and energy security imperative of the storage sector. SEIA has also set sub-targets for residential, community, […] Read more
Apraava Energy Commissions 250.7 MW Wind Energy Project In Gujarat Updated On Thu, Jan 30th, 2025 by Saurenergy Mumbai-based integrated energy solutions provider, Apraava Energy, has commissioned a 250.7 MW wind power project (comprising 120 no. of 2.1MW rated Suzlon WTGs). The project is located at Sidhpur in Devbhoomi Dwaraka district, Gujarat. The project was awarded to Apraava Energy as part of the Tranche VIII wind tender sponsored by Solar Energy Corporation of […] Read more
Sharika Wins Rs. 155.78 Cr Work Order For NHPC’s Rooftop Solar Project Updated On Thu, Jan 30th, 2025 by Saurenergy NHPC recently awarded Uttar Pradesh-based Sharika Enterprise a 4 MW contract to develop rooftop solar power projects. The company disclosed this in a regulatory filing, stating, “The contract is for the development of rooftop solar power projects with a total capacity of 4 MW on buildings of NHPC.” Sharika said in a regulatory filing, “The […] Read more
Q3 FY25: JSW Energy EBITDA Decline 9% YoY To Rs. 1,115 Cr. Updated On Thu, Jan 30th, 2025 by Saurenergy Mumbai-based JSW Energy (JSW Energy), in its quarterly results (Q3 FY25) ended December 31, 2024, reported a decline in its EBITDA by 9% YoY to ₹1,115 Cr. The company attributed this decline primarily to lower short-term spreads, despite higher overall generation. Meanwhile, its Profit After Tax (PAT) and Cash PAT stood at ₹168 Cr and […] Read more
Maharashtra Partners With UK To Build Its First 1.2 GW Solar Park Updated On Wed, Jan 29th, 2025 by Saurenergy The Mumbai-based Hazoor Multi Projects Ltd. (HMPL) has forayed into green energy with the development of the Chhatrapati Shivaji Maharaj Saur Urja Park (CSMSUP). This is one of the first solar parks in Maharashtra. Hazoor Multi Projects will develop this project in collaboration with a multinational company from the United Kingdom. This 1.2 GW capacity […] Read more
NHPC REL Issues 24.22 MW Rooftop Solar Tender For Ministries Updated On Wed, Jan 29th, 2025 by Saurenergy NHPC, on behalf of its renewable energy arm NHPC Renewable Energy Limited (NHPC REL), issued a tender to develop a rooftop solar project across various Central Ministries. It’s accepting bids till March 3, 2025. The NHPC REL tender, in its brief scope of work, mentioned: “The solar Photovoltaic (PV) installation at various locations on government […] Read more
