Solar Energy In US Can Surpass Hydropower By 2024: EIA Estimates Updated On Tue, Nov 14th, 2023 by Saurenergy A latest Energy International Agency (EIA) report on solar growth in the United States (US) suggested that the country witnessed an increase in installed capacity by an average rate of by 44% annually from 2009 to 2022. It forecasted that the US would generate 14% more electricity from solar energy than from hydroelectric facilities in […] Read more
Germany Welcomes Electrolyser Gigafactory Updated On Thu, Nov 9th, 2023 by Saurenergy Germany has welcomed electrolyser gigafactory established by Siemens Energy and Air Liquide. The Germany electrolyser gigafactory is introduced by Siemens Energy, which is making electrolysers more commercially accessible while augmenting the hydrogen economy, stated the firm. The Germany electrolyser gigafactory will boast an annual production of 1 GW worth of capacity. This capacity will be raised […] Read more
CATL and Quinbrook In Agreement for 10 GWh Stationary Battery Energy Storage Systems Updated On Thu, Nov 9th, 2023 by Saurenergy CATL and Quinbrook have announced the signing of a Global Framework Agreement in stationary storage with the aim to deploy 10GWh+ of CATL’s advanced storage solutions over the next five years,underlining their focus on using advanced storage solutions to meet energy transition goals. The long-term partnership includes the design, optimization, and supply of the most […] Read more
EU Solar Market Faces Challenges From China and US: ESIA Report Updated On Wed, Nov 8th, 2023 by Saurenergy The European Union’s (EU) industry association body, the European Solar PV Industry Alliance (ESIA), released a report that evaluates factors that can contribute to the de-risking and scaling up of Europe’s solar PV manufacturing. The alliance evaluates the factors affecting European industries, aiming to achieve the goal of 30 GW of domestic manufacturing capacity by 2025 and the EU’s […] Read more
Gensol Engineering Reports 24% Growth in PAT in H1 of FY24 Updated On Wed, Nov 8th, 2023 by Saurenergy Public-listed renewable company–Gensol Engineering Limited released its latest consolidated financial results for the first half of the year and quarter ending September 30, 2023. As per the financial statements of the firm, it reported an 88 percent increase in its revenue in the H1 of FY23 compared to the last H1 of FY23. Founded in […] Read more
Winning Bid In 1.5 GW SJVN Tender with Storage At INR 4.38 per Kwh Updated On Wed, Nov 8th, 2023 by Saurenergy In the 1500 MW SJVN solar tender for ISTS connected renewable energy project that comes with storage pan India, Juniper Green Energy, Tata Power Renewable Energy, ACME Cleantech Solutions, Solarcraft Power India, Hero Solar Energy, TEQ Green Power XVI, ReNew Solar Power have emerged as winners. SJVN is a public sector undertaking. ACME bagged the […] Read more
Waaree Renewable Technologies Aims To Grow Its IPP Business Updated On Tue, Nov 7th, 2023 by Saurenergy Waaree Renewable Technologies, the EPC arm of Waaree Group, claimed that it wants to boost its role as a renewable energy generator under the Independent Power Producer (IPP) category. The information was shared by Dilip Panjwani, Chief Financial Officer of the firm, in the latest investors’ call. Panjwani said the IPP business is ‘cash-intensive’ and […] Read more
Avaada Bags 1 GW in NHPC 3 GW Solar Tender; Jakson, Sprng Energy, Hinduja Among Other Winners Updated On Tue, Nov 7th, 2023 by Saurenergy In NHPC’s 3 GW tender for the selection of Solar Power Developer, Avaada Energy, Jakson, Sprng Energy, Hinduja Renewable Energy, Green Infra Wind Energy, Solairdirect Energy India, Hazel Hybren have emerged winners. Solairdirect Energy India is an arm of ENGIE, Green Infra Wind Energy and Hazel Hybren are subsidiaries of Sembcorp and Mahindra respectively. Avaada […] Read more
India Will Need 60 GW Of Storage By 2030, Says Research Report Updated On Tue, Nov 7th, 2023 by Saurenergy Global Energy Alliance for People and Planet (GEAPP) and RMI released a report on battery storage systems, defining the role of discoms in accelerating battery energy storage in India. The report titled ‘Powering Progress: Batteries for Discoms, A Market Action Report evaluated the accelerating battery energy storage ecosystem in India. It attempted to provide an […] Read more
