Tata Green Switch Project Provides Access to Green Electricity in Jharkhand Updated On Thu, Jul 28th, 2022 by Saurenergy The primary provider of financial services for the Tata Group, Tata Capital has developed and launched the “Green Switch Project,” a CSR initiative. The distant areas of Jharkhand’s Simdega district will receive consistent and uninterrupted green electricity through this initiative. Under this Green Switch project, Tata Capital will provide clean home power to far-flung tribal […] Read more
From $316.05M To $530.2M, Enphase Almost Doubles Revenue in Q2 2022 Updated On Thu, Jul 28th, 2022 by Saurenergy California-based microinverter manufacturer Enphase Energy has announced its consolidated results for the second Quarter ending June 2022. Enphase reported a 42.2% non-GAAP gross margin & $530.2 million in revenue in the second quarter of 2022, while the second quarter of 2021 was $316 million along with a 40.8% non-GAAP gross margin. In Q2 of 2022, Enphase […] Read more
Octopus Energy Group Raises Fresh Funds Totaling $550 million Updated On Wed, Jul 27th, 2022 by Saurenergy In a fresh announcement, British renewable energy player Octopus Energy Group said that it has closed the recent funding round and has secured $325 million from its shareholders. It said that the loan is raised on the terms agreed during the fundraising round in December 2021. The official statement revealed that the RE player’s investors […] Read more
Adani Group Will Invest $70 bn In Green Energy To Build Atmanirbhar Bharat Updated On Wed, Jul 27th, 2022 by Saurenergy Adani Group Chairman Gautam Adani has said that the company will invest $70 billion in green energy transition and infrastructure projects, calling upon the shareholders to “reshape India’s energy footprint for an Atmanirbhar Bharat”. Addressing the annual shareholders’ meeting of Adani Enterprises, the flagship company of the group, he said, “The best evidence which showcased […] 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
Delta Crosses 6000 EV Charger Deployment Milestone in India Updated On Wed, Jul 20th, 2022 by Saurenergy Taiwan-based power and thermal management solutions manufacturer, Delta has announced that they have cumulatively delivered over 6000 electric vehicle (EV) charger to customers in India. According to Delta, this 6000 EV charger deployed initiative was made possible by close collaboration with key players in the EV charging infrastructure market, including major charge point operators like […] Read more
Rise To Establish Largest Power Plant Of New York As An RE Hub Updated On Mon, Jul 18th, 2022 by Saurenergy Rise Light & Power has revealed that it has set sights on the redevelopment of the Ravenswood Generating Station, which is New York City’s largest power generator, into a new renewable energy hub. This initiative will aid the city to reach its nation-leading climate goals. The conversion of the plant will also help the city […] Read more
Analysing The Landscape For Energy Transition In LatAm Region Updated On Tue, Jul 12th, 2022 by Saurenergy AMI (Americas Market Intelligence) Energy Practice has recently published a report shedding light on the untapped opportunities, challenges, investment potential in energy transition in the Latin America region. The findings of the report are as under. Lucrative Market For Operators & Investors In Suriname David Abiamofo, Minister of Natural Resources of the Republic of Suriname, […] Read more
Azure Power Becomes First Indian RE Company To Get SA8000 Updated On Fri, Jul 8th, 2022 by Saurenergy Azure Power has become the first renewable energy company in India to win the award of SA8000:2014. It is a leading sustainable energy solutions provider and renewable power producer in India. SA8000 is the world’s leading social certification programme for factories and organizations across the globe. This is an auditable standard that requires organizations to […] Read more