Shell & Hexicon JV Names Vestas for Large Scale Floating Wind Project Updated On Fri, Dec 2nd, 2022 by Saurenergy A joint venture between Shell and Hexicon AB called MunmuBaram has chosen Vestas as its turbine supplier for a project. The said project is a floating offshore wind project in South Korea and boasts of 1.3 GW. Hexicon AB develops floating offshore wind farms and designs dual turbine floating wind power platforms while Shell is […] Read more
Meyer Burger Announces First Sales Partner for Solar Roof Tile Project Updated On Fri, Dec 2nd, 2022 by Saurenergy Meyer Burger Technology, a firm known for its production facilities in the photovoltaic industry, had announced the pilot phase of its solar roof tile. Now, the firm has revealed that it has onboarded its first distribution partner from the roofing trade. Dachdecker-Einkauf Süd eG (DE Süd), a market-leading specialist roofing distributor in Germany, will look […] Read more
EV 2W Firm BikeWo Launches New Showroom in Ahmedabad Updated On Fri, Dec 2nd, 2022 by Saurenergy The EV two-wheeler company BikeWo from Telangana will establish a presence in Gujarat by building its first showroom there on November 28, 2022. Nirmal Joshi, Bhupendra Singh Sisodia, the showroom’s co-founders Vidhya Sagar Reddy and Saral Talwar, as well as other members of the company’s top management, officially opened the new M/s Apna Motocorp BikeWo […] Read more
Amazon Debuts Hybrid Projects Globally with 300 MW in Madhya Pradesh & Karnataka Updated On Fri, Dec 2nd, 2022 by Saurenergy In Madhya Pradesh and Karnataka, Amazon India is set to establish 300 MW hybrid project (wind-solar). The projects would be established alongside Vibrant Energy, a subsidiary of a portfolio business of Macquarie’s Green Investment Group (GIG). Amazon said in a statement that this is one of the “biggest wind-solar hybrid corporate power purchase agreements (PPA) […] Read more
Swedish Solar Cell Maker Midsummer Signs LOIs to Deliver 224 MW Solar Panels Updated On Fri, Dec 2nd, 2022 by Saurenergy Swedish manufacturer of thin film CIGS (copper indium gallium selenide)solar cells, Midsummer has announced the signing of letters of intent (LOI) with six Swedish and foreign business partners for a total of 107 MW of solar panels. With the release of 224 MW of solar cells and previously announced agreements with roof and building businesses […] Read more
Germany Looks to Fund India’s Energy Transition Projects with €1 billion Updated On Fri, Dec 2nd, 2022 by Saurenergy Germany has proposed to fund India’s energy transition projects with €1 billion. The projects are to be executed all over the country under a bilateral partnership between the two countries on green and sustainable development. As per discussions held between India and Germany, the funding will pave the way for over 20 projects spread over […] Read more
Tata Power Renewable Energy Bags 255 MW of Hybrid Projects For Delhi Updated On Fri, Dec 2nd, 2022 by Saurenergy It’s all within the group as Group Firm Tata Power Renewable Energy (TPREL) bagged the 255 MW Wind-Solar Hybrid auction from Tata Power Delhi Distribution Limited (TPDDL). The supplies are meant for the Delhi market, where TPDDL is one of the 3 discoms operating, besides the two BSES discoms. The winning bid of Rs 3 […] Read more
India’s L&T & Japan’s SMBC Conclude $107 Mn Sustainability Linked Loan Updated On Fri, Dec 2nd, 2022 by Saurenergy A Japanese multinational banking and financial services institution, Sumitomo Mitsui Banking Corporation (SMBC), and India’s multinational conglomerate company Larsen & Toubro Limited (L&T) recently successfully finalised a three-year, $107 million sustainability-linked loan. SMBC was the sustainability coordinator and lender. In a statement, L&T noted that its continuous dedication to its environmental, social, and governance (ESG) […] Read more
NREL Confirms Spike In Solar and Storage Costs In US Updated On Fri, Dec 2nd, 2022 by Saurenergy The National Renewable Energy Laboratory (NREL), the premier government entity tasked with tracking and projecting impact of technology changes in the renewables space, has come out with its annual benchmarking report on prices. And the findings are no surprise, to those who have been in the market. Using 2021 prices, NREL estimates that utility-scale PV […] Read more
