Verbund AG enters Italy with 250 MWp Solar PV Project Updated On Wed, Dec 14th, 2022 by Saurenergy Verbund AG has announced that its Executive Board has approved the company’s market entry into the Italian market. Verbund AG has signed a cooperation agreement with the PV-Invest Group for the acquisition of a project development company including development of a solar photovoltaic (PV) project portfolio of up to 250 MWp. Verbund said that the […] Read more
Cleanmax To Add 33.8 MW of RE Projects With Support From Meta Updated On Wed, Dec 14th, 2022 by Saurenergy To invest in 33.8 MW of brand-new renewable energy projects in India, Mumbai-based CleanMax Enviro Energy Solutions (CleanMax) has teamed up with Meta, the world’s largest internet corporation that owns facebook, Instagram and Whatsapp, among other properties. The projects will feature 21.6 MW of wind and 12.2 MW of solar power systems. The previous year, […] Read more
Global Solar Installs On Course For 222 GW in 2022, Rethink Energy Updated On Wed, Dec 14th, 2022 by Saurenergy Research firm Rethink energy reckons global solar installations are on track for 222 GW of installations during 2022, and manufacturing output shows that next year this will rise by even more as solar manufacturing surges. This demonstrates that the solar industry has shaken off the drag of high polysilicon pricing, and now prices will be […] Read more
EBRD Steps-Up Wind Power Generation In Uzbekistan With $520 million Funding Updated On Wed, Dec 14th, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has announced a fresh deal to support Uzbekistan’s renewable energy through investment in low-carbon technologies to help align the country’s power-sector development with its commitments under the Paris Agreement. EBRD has said that it has arranged two syndicated loans worth $520 million to help construct and put […] Read more
Textile Major H&M Signs PPA With Neoen & Alight For 90 MWp Solar Park In Sweden Updated On Wed, Dec 14th, 2022 by Saurenergy French Renewable energy player Neoen and solar power specialist Alight have announced the signing of a PPA for 90 MWp of green energy in Sweden with the Swedish fashion retailer H&M Group. Under the long-term PPA, the solar park, located in Hultsfred, Sweden, will provide H&M Group with local renewable energy and guarantees of origin, […] Read more
Mahindra & Mahindra Invests Rs 10000 Cr To Expand EV Production Updated On Wed, Dec 14th, 2022 by Saurenergy Mumbai-headquartered auto major Mahindra & Mahindra Ltd (M&M) recently announced that it will invest Rs 10,000 crore to build an electric vehicle manufacturing facility in Pune, Maharashtra. The industrial development scheme for electric vehicles of the Maharashtra government has approved the company’s investment, according to the company. For the establishment of the manufacturing facility, development, […] Read more
Saudi Arabia’s PIF Acquires 9.5% Stake in Offshore Wind Player Skyborn Renewables Updated On Wed, Dec 14th, 2022 by Saurenergy The Public Investment Fund (PIF), the Kingdom of Saudi Arabia, has announced the acquisition of up to 9.5% in Germany based offshore wind developer and operator Skyborn Renewables, alongside Global Infrastructure Partners (GIP) which is a global, independent infrastructure investment fund. The Saudi Government has said that the investment will allow PIF to participate in […] Read more
Heavy Industry Ministry Blocking Rs 1100 Cr in Subsidies: EV Group Updated On Wed, Dec 14th, 2022 by Saurenergy The producers of electric vehicles have requested the reinstatement of a subsidy intended to encourage the sale of vehicles. The industry will be “choked to death” by the unilateral decision to discontinue subsidy, according to the corporations. The plea comes even as FAME 2 subsidies made an explicit push to target public transportation and EV […] Read more
Meyer Burger Ropes In Partners For Scaling Up Perovskite Tandem Technology Updated On Wed, Dec 14th, 2022 by Saurenergy Thun, Switzerland based solar cell and module manufacturer Meyer Burger Technology AG has brought in partners and signed corresponding multi-year cooperation agreements. Together with CSEM from Switzerland, Helmholtz-Zentrum Berlin (HZB), the Fraunhofer Institute for Solar Energy Systems ISE in Freiburg, and the Institute of Photovoltaics at the University of Stuttgart, the company is working on […] Read more
