REC, German Dev Bank to Finance India’s Power Sector and RE Projects Updated On Thu, Dec 23rd, 2021 by Saurenergy REC Limited has entered into an agreement with KfW Development Bank for availing the Official development assistance (ODA) loan of USD 169.5 million under the Indo-German Bilateral Partnership in accordance with the approval granted by the Department of Economic Affairs, the Ministry of Finance, the Government of India, an official release said. The proceeds from […] Read more
German Dev Bank to Partly Fund Surat Metro; Depots to be Solar-powered Updated On Mon, Dec 20th, 2021 by Saurenergy The Government of India and the German Development Bank – KFW (Kreditanstalt für Wiederaufbau) – have signed a Euro 442.26 million loan for the Surat Metro Rail project, according to a recent official statement released by the Ministry of Finance. The project aims to harness solar energy at both depots of the Surat Metro in […] Read more
Stanford Scientists Create New Material for Thin, Lightweight Solar Panels Updated On Thu, Dec 16th, 2021 by Saurenergy A race is on in solar engineering to create almost impossibly-thin, flexible solar panels. Engineers imagine them used in mobile applications, from self-powered wearable devices and sensors to lightweight aircraft and electric vehicles. Against that backdrop, researchers at Stanford University have achieved record efficiencies in a promising group of photovoltaic materials, writes Andrew Myers in […] Read more
Shell Acquires Solar And Energy Storage Developer Savion Updated On Thu, Dec 16th, 2021 by Saurenergy Shell New Energies US LLC, a subsidiary of Royal Dutch Shell plc (Shell), has signed an agreement to buy 100% of Savion LLC (Savion), a large utility-scale solar and energy storage developer in the United States, from Macquarie’s Green Investment Group. With this acquisition, Shell expects to significantly expand its global solar portfolio. “Savion’s significant asset pipeline, highly […] Read more
MPC Energy Solutions Joins Leclanché For Battery Project In Caribbean Updated On Wed, Dec 15th, 2021 by Saurenergy Netherlands based MPC Energy Solutions (MPCES) has partnered with Leclanché, the Swiss maker of energy storage solutions to build the previously announced 35.7 MWp solar photovoltaic (PV) and 18.2 MW battery energy storage system (BESS) project designed with Leclanché Energy Management Software (L-EMS) in St. Kitts’ Basseterre Valley, next to the capital city of Basseterre. The project requires about US$ […] Read more
IEEFA report: “States should have primary responsibility for agrivoltaics” Updated On Mon, Dec 13th, 2021 by Saurenergy Agriculture, a key mainstay of the Indian economy has a vital role to play in the creation of renewable energy capacity, especially if ways could be found to combine it with solar generation. This is where agrivoltaics assume such vital importance. A study focused on ‘Agrivoltaics in India: Fertile Ground?’ by Institute for Energy Economics […] Read more
Offshore Wind at 11 Paise? Understanding The Award Of The 1 GW Thor Offshore Project By Lottery Updated On Fri, Dec 10th, 2021 by Saurenergy Early this month on December 1, the Danish energy agency announced that Germany’s RWE had won a tender to build what will be Denmark’s largest wind farm. The Thor Wind farm. What was interesting here was that this was possibly one of the biggest renewable awards made by a lottery, after multiple bidders (6) tied […] Read more
Green Hydrogen Powered India: From Vision to Reality Updated On Wed, Dec 8th, 2021 by Saurenergy Announcements of grand plans by Mukesh Ambani and Gautam Adani, and the partnership between L&T and ReNew have added serious ability behind the intent to produce green hydrogen in India The fact that India is not an energy self-reliant economy is well-known. Just a few weeks ahead of the Glasgow Summit, in August’21, Prime Minister […] Read more
US SEC Initiates Investigation Against Tesla Over Disclosures Linked To Solar Tiles Updated On Tue, Dec 7th, 2021 by Saurenergy In a move widely seen as an acknowledgement of the complaint by a former Tesla employee, Steven Henkes, the US securities regulator, Securities and Exchange Commission (SEC), has initiated investigations into the allegations on Tesla, for failing to notify its shareholders and the public about fire risks associated with its solar panel systems. The investigations […] Read more
