DUAD Issues Tender for Supply Of Solar PV Power Project Updated On Wed, Aug 10th, 2022 by Saurenergy Directorate Urban Administration and Development (DUAD) has floated a solar tender for supply power to set up 2X 10.5 MW capacity Solar PV collocated, on the land identified in District Neemuch in the state of Madhya Pradesh. The tender mentions that the last date for online submission of the bids is September 08, 2022, till […] Read more
MP, Rajasthan, Karnataka Lead In Power Subsidies Updated On Mon, Aug 8th, 2022 by Saurenergy According to data provided by the Power Ministry, subsidised electricity is being supplied to consumers in 27 states and Union territories. Further, as much as Rs 1.32 trillion (Rs 132,000 crores) in subsidies has been spent in the country in the financial year, 2020-21 financial year. Among all the states, Madhya Pradesh, Rajasthan and Karnataka […] Read more
Adani Green Earnings Call Q1 FY23: Operational Capacity Growth Up To 5800 MW Updated On Thu, Aug 4th, 2022 by Saurenergy Kev revelations were made during the Q1 FY23 earnings call of the green arm of Adani Enterprises, Adani Green Energy Limited (AGEL). Here is a look at them- Capacity Growth On An Upward Trend The operational capacity growth on YoY basis has shot up by 65% to 5800 MW. This growth has been attributed to […] Read more
BP To Invest Upto £50 Million In Electric Vehicle R&D Centre In UK Updated On Thu, Aug 4th, 2022 by Saurenergy British Petroleum or ‘bp’ has announced plans to invest up to £50 million in a new electric vehicle battery testing centre and analytical laboratory in the UK. The company had already revealed its intention to invest up to £18 billion in the UK’s energy system by the end of 2030. Expected to open by the […] Read more
Longroad Energy To Invest $500 Million To Expand Renewable Energy Portfolio Updated On Wed, Aug 3rd, 2022 by Saurenergy Longroad Energy Holdings, a renewable energy developer and holding company based in the United States, has announced a $500 million equity investment by MEAG, an asset management arm for entities of Munich Re, to expand its 1.5 GW portfolio of owned assets to 8.5 GW of wind, solar, and storage projects over the next five […] Read more
First Offshore Wind Farm Order In Japan Goes To Siemens Gamesa Updated On Mon, Aug 1st, 2022 by Saurenergy Global RE conglomerate, Siemens Gamesa Renewable Energy has announced that it has received an order for the 112 MW Ishikari offshore wind power project from Green Power Investment. This project is the first firm offshore order in Japan for offshore wind turbines maker. The official statement of Siemens Gamesa said that the order includes 14 […] Read more
Total Eren Launches Ambitious Wind Farm Project Updated On Fri, Jul 29th, 2022 by Saurenergy Total Eren, a leading renewable energy Independent Power Producer (IPP) based in Paris, has announced the launch of the construction and successful financial close of the Parang Project, which entails a 16.7 MW wind farm, set up together with its partners WEEN E&S and Korea Midland Power (KOMIPO). The Project has been co-developed by Total […] Read more
Universal Solar To Open 600 MW PV Module Factory In Panama Updated On Thu, Jul 28th, 2022 by Saurenergy Large scale solar energy player Universal Solar has announced that it is in the process of opening a solar photovoltaic (PV) module manufacturing facility in Panama to supply U.S. and global solar developers and installers, and address challenges in the solar industry. The announcement was made by Chief Executive Officer (CEO) and Founder John Bereckis. […] Read more
Germany To Reduce Electric Car Subsidies Starting Next Year Updated On Thu, Jul 28th, 2022 by Saurenergy In a major move, Germany’s Economy Ministry has announced that the government will reduce the subsidies or financial incentives on the purchase of electric cars from next year. This is a result of an agreement reached between the coalition partners. It is being said that rising adoption of EVs has already made the government subsidies […] Read more
