APTEL Provides Relief To CSP Developers On Force Majeure Grounds Updated On Wed, Jul 27th, 2022 by Saurenergy In an important judgement that will hopefully close the chapter on a festering dispute, the Appellate Tribunal for Electricity (APTEL) has allowed multiple developers stuck with Concentrated Solar Thermal (CSP) projects to get relief from liabilities, caused due to lower DNI (Direct Natural Irradiance) than they had assumed when bidding. The developers impacted include Godavari […] Read more
UK Approves 8 GW Offshore Wind Energy Projects Development Updated On Fri, Jul 22nd, 2022 by Saurenergy In a quest to decarbonize the power industry of the United Kingdom, six fixed offshore wind projects, with a potential to generate renewable electricity for more than 7 million homes, have been given the green signal by the Secretary of State for Business, Energy and Industrial Strategy. This will facilitate the UK Government to enter […] Read more
Biliti Electric Powers World’s First Hydrogen Fuel Cell Three-Wheeler Updated On Thu, Jul 21st, 2022 by Saurenergy California-based Biliti Electric Inc, a fast-growing E-mobility company with presence across the globe, has unveiled the world’s first hydrogen fuel cell (HFC)-powered electric three-wheeler vehicle, FastMile. FastMile, which has been tested for over 6000 miles in rugged road conditions, boasts of a quick refueling time of under three minutes. At the same time, it has […] Read more
Lack of Financing Options The Biggest Drag On faster EV Adoption In India Updated On Wed, Jul 20th, 2022 by Saurenergy Headquartered in Hyderabad, Etrio is a key player in cargo EV OEM sector, committed to leading cargo fleet electrification. Kalyan C Korimerla, Managing Director and Co-Promoter, Etrio, began his career at in Wall Street at Intel Corporation to later assume investment banking roles at JP Morgan in New York. After he moved back to India […] Read more
Portugal Largest Floating Solar Plant is Ready To Generate Energy Updated On Tue, Jul 19th, 2022 by Saurenergy The Portugal-based electric utility company, Energias de Portugal’s (EDP) floating solar plant in Alqueva (South Portugal) is ready to produce electricity after seven months of construction work. According to the company, this is a significant step in the advancement of renewable energies has been made with the start of operation of this project. Along with […] Read more
Smarten Aims to Deploy 5000 Solar Units By The End of FY 2022 Updated On Tue, Jul 19th, 2022 by Saurenergy By implementing more than three megawatts of projects in Punjab, Haryana, and portions of Uttar Pradesh by June 2022, Haryana-based power-backup product producers Smarten has been solidifying its position in the institutional market in India. The company says that the deployment will benefit institutions save on their electricity bills, contributing to the environment & spread […] Read more
Gujarat Allots 6000 Ha Land For Renewable Energy Park In Banaskantha Updated On Mon, Jul 18th, 2022 by Saurenergy In a key decision, the state government of Gujarat has decided to make an allotment of more than 6,000 hectares of land for the development of a mega size renewable energy park. The large RE facility will come up in Banaskantha district that lies in the Rann of Kutch. This is one of the largest […] Read more
Statkraft Backs Solar Park with 5- year PPA Updated On Fri, Jul 15th, 2022 by Saurenergy Europe’s leading renewable energy player, Norwegian firm Statkraft, has signed a 5-year power purchase agreement (PPA) for the Strasen Solar Park. The Norwegian energy company is thus supporting the construction and operation of the 30 MW solar park. According to the official statement of Statkraft, the solar parkwill operate entirely without EEG subsidies and is […] Read more
REC Group gets EU grant for solar factory in France Updated On Fri, Jul 15th, 2022 by Saurenergy REC Solar has declared the award of a grant from the European Union for the construction of a 2 GW heterojunction (HJT) module factory in France. India’s Reliance Industries bought REC Solar in 2021. The company held previously that 2 GW per year of HJT modules that will be manufactured by it will have a […] Read more
