Saur Energy International
10th May 2024

RENEWABLES NEWS

gautam-solar

India Adds 1 GW Of New Renewable Capacities In April 2024

The latest data from the Ministry of New and Renewable Energy (MNRE) said that India added a total of 1.1 GW of new renewable energy capacities in April 2024. This was propelled by the surge in the additions of solar and wind energy capacities. With...

ReNew Contracts 5 PPAs Worth 2.2 GW, 438 MW Corporate PPA

Underlining its continued progress with key objectives like a larger portfolio and inroads into the corporate PPA market, ReNew, one of India’s leading renewable energy companies, has announced the signing of five Power Purchase Agreements (PPAs) totaling ~2.2 GW of RE capacity. These significantly expand...

icon solar

Top 5 States Spearheading Rooftop Solar in India

India has made strides in new solar capacity addition in the last few years. However, a considerable gap exists between rooftop solar (RTS) and utility-scale solar installations.  Despite existing national and state-level schemes promoting rooftop solar, including the National Rooftop Scheme and state government subsidies,...

solax power

GoodWe Unveils State-of-the-Art Solar Service Centre in Bangalore

GoodWe, a leading Smart Energy Innovator and key solar inverter player in the Indian market, has announced a Solar Service Centre in Bangalore, India. The service centre underlines the expanding reach of GoodWe in the Indian market as well as its growing customer base in...

ib solar

Low Module Prices Weigh On Q1 Earnings For China’s Solar Champions

Over the past 10 days, as numbers have continued to pour out from the listed players from China's formidable  solar sector, the impact of the low solar module prices seen over the past two quarters and more is clearly visible on their earnings as well....

waaree

Google’s Nest Renew & OhmConnect To Form Virtual Power Plant In US

Renew Home, North America's residential virtual power plant (VPP), has launched out of the combination of Google Nest Renew service and OhmConnect in the US. The company has received a $100M investment from majority owner Sidewalk Infrastructure Partners (SIP). According to a statement released by...

China Dominates Wind Installations in 2023, As 120.7 GW Is Added Globally

The latest report from Global Wind energy Council (GWEC) for 2024 found a total of 30 wind turbine manufacturers installed a record 120.7 GW of new capacity in 2023. In a year marked by continuing supply chain challenges and other issues, this was a huge...

Events 2024

Clean Energy Investments Driving Global Job Creation, Finds Study

Investment in the manufacturing of clean energy technologies, especially solar PV and batteries is expediting the process of creating new jobs and employment opportunities, according to a new report published by International Energy Agency. The agency said that investments related to clean energy technologies have...

GreenCell Mobility Secures Rs 3bn Green Financing For UP Project

GreenCell Mobility, a pioneer in the Electric Mass Mobility sector, has secured Green Financing from leading Japanese financial institution Sumitomo Mitsui Banking Corporation (SMBC) for its Electric Bus project in Uttar Pradesh. This transaction not only marks the first Project Finance by a Japanese bank...

IREDA Incorporates Subsidiary In GIFT City, Gujarat

Indian Renewable Energy Development Agency Ltd. (IREDA) has incorporated a wholly owned subsidiary in the International Financial Services Centre (IFSC) located in GIFT City, Gujarat. Named "IREDA Global Green Energy Finance IFSC Limited," the subsidiary was officially incorporated on 7th May 2024, after receiving the...

Dutch Offshore Wind Plant To Have Floating Radars To Protect Birds

The Hague-based Robin Radars will be deploying radars at offshore wind farms to protect birds and bats from related accidents. Robin will set up four flagship MAX bird detection radars to support Ecowende in its ecological wind farm off the Dutch coast. Ecowende is pressing...

Ukraine Receives Grant From Germany To Restore Energy Infra

Ministry of Energy of Ukraine has received a €45 million grant from Germany, to restore the energy sector after Russian attacks on energy infrastructure.  Volodymyr Kudrytskyi, Chairman of the Board of National Power Company Ukrenergo a state-owned company managed by the Ministry of Energy (NPC)...

EV's & Storage News

Honda Opens New R&D Facility In Bengaluru

Japan-based Honda recently opened its new solution Honda R&D (India) (HRID) research and development (R&D) center in Bengaluru, Karnataka. The company HRID is a subsidiary of Honda Motor Co., Ltd. and functions as Honda’s research and development arm for motorcycles and power products in India. By setting up its...

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