Saur Energy International
10th April 2024

RENEWABLES NEWS

gautam-solar

India Creates New Record By Adding 18.5 GW Of Renewables In 2023-24

India created a new milestone in 2023-24 by adding one of the highest-ever additions of renewable energy in the country. The latest statistics shared by the Ministry of New and Renewable Energy (MNRE) revealed that during the last fiscal year, the country added a total...

Record Renewable Numbers Support Green Energy Stocks (April 10)

On a day when the government announced record renewable capacity additions for FY24, green energy stocks continued to stay strong, other than a sharp 3.3% fall in Inox Wind. Waaree Renewable continues on its merry way in anticipation of possible restructurings and a strong growth...

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Gensol Receives Order For Rs. 1783 Crores From Two Companies

Gensol Engineering Limited has received a total order of Rs. 1783 Cr. for two projects from solar EPC and Let’s EV. The company received an order for Rs. 1783 Crores at the beginning of the Financial Year (FY25), signaling a promising year. It received this...

solax power

Hartek Group Secures Rs 474 Crore Solar Project In Rajasthan

Hartek Group has announced it has bagged the EPC contract bagged at a value of Rs 474 Crore. The large turnkey order, awarded by a prominent global renewables IPP underscores Hartek Group's leading position in the industry encompassing the entire project lifecycle. The project entails...

ib solar

Pakistanis Take Matters In Their Own Hands With Rooftop Solar Boom

Pakistan has been facing the dual challenge of rising electricity prices and an unreliable grid power supply for some time now. With electricity prices in key cities like Lahore nudging Rs 70/kW, and that too with unreliable supply, it has become only too apparent for...

waaree

RWE Inks Deal With US Firm For Solar, Wind & Storage Projects

RWE Clean Energy has established relationship with renewables developer WhiteRock Renewables to accelerate the expansion of RWE’s onshore wind, solar, and energy storage development pipeline in the U.S. to achieve record growth. WhiteRock is expected to originate and develop 4 to 5 GW of onshore...

Australia’s RE Sector Can Create 60,000 Manufacturing Jobs: Study

Institute For Sustainable Future (ISF) recent study report found an association between Australia’s net zero targets and job creation, the report's findings stated, that renewable energy can create up to 60,000 jobs in the manufacturing sector. The report by the Australian Manufacturing Workers’ Union (AMWU)...

Current Issue 2024

US SEC Disclosure Rules Lead Companies To Cut Emissions Faster

The US Securities and Exchange Commission (SEC) approved a new rule mandating publicly traded companies to disclose their direct greenhouse gas emissions. According to the rules, the companies will have to disclose the audited financial statements and therefore in the scope of the registrant’s internal...

EU Probes Foreign Subsidies For Chinese Wind Turbines

After the US, now European Union (EU) Commission recently announced the launch of an inquiry into Chinese suppliers of wind turbines under the new Foreign Subsidies Regulation. This announcement came as Chinese wind turbine manufacturers pushed hard and won some orders in Europe. They offered...

EV's & Storage News

BMW Group, Rimac Partner To Co-Produce Battery Tech For EVs

Germany's BMW Group and Rimac Technology, headquartered near Zagreb, Croatia, recently announced a long-term partnership to co-develop and co-produce innovative solutions in the field of high-voltage battery technology for selected battery-electric vehicles. The BMW Group’s electrification strategy is aimed at building further on its leading...

Two-Wheeler EV Market Surge To 9.12% First Time: FADA.

The Federation of Automobile Dealers Association (FADA) in its report identified a surge in electric vehicle sales. The report identified a notable increase in the two-wheeler electric vehicle (EV) market share. The EV market received a jump to 9.12% for the first time according to...

Poland Battery Firms Form JV To Setup EV Battery Recycling Facility

Elemental Strategic Metals of Zawiercie, Poland, and Ascend Elements of Westborough, Mass., have announced the formation of AE Elemental, a joint venture based in Zawiercie, Poland. Together, the companies will jointly own (50/50) and operate a newly constructed, best-in-class electric vehicle (EV) battery recycling facility...

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