Tata Power, DGPC Forge Partnership For Clean Energy in Bhutan Updated On Wed, Nov 20th, 2024 by Saurenergy In a move towards regional energy cooperation, India’s integrated power company Tata Power has partnered with Bhutan’s Druk Green Power Corporation Ltd. (DGPC) to develop 5,000 MW of clean energy capacity. This collaboration aims to bolster energy security and accelerate the transition to sustainable energy across South Asia. Key Highlights of the Collaboration Strengthening Bhutan’s […] Read more
Saatvik Moves Forward To Issue IPO, Files DRHP With SEBI Updated On Wed, Nov 20th, 2024 by Saurenergy Ambala-based solar module manufacturing company Saatvik Solar has now taken its initial formal steps to venture into the stock market. The solar company has now filed its documents with the Securities and Exchange Board of India (SEBI). The firm plans to issue its Initial Public Offering (IPO) to raise a quantum of Rs 1,150 crore. […] Read more
The Top 5: Largest Commissioned Wind Farms in the World Updated On Wed, Nov 20th, 2024 by Saurenergy The global wind industry installed 10.8 GW of new offshore wind capacity in 2023. This increased the global total to 75.2 GW of capacities. This growth came despite macroeconomic challenges in key markets. The commissioning of several large-scale wind energy farms worldwide highlights the impact of increasing policy momentum, which is driving the expansion of […] Read more
EIG’s Fidra Energy, Sungrow Partner For 4.4GWh BESS Projects Updated On Tue, Nov 19th, 2024 by Saurenergy Fidra Energy and Sungrow recently signed a 4.4 GWh energy storage partnership agreement to support Fidra’s plans to establish a 10 GW battery energy storage system (BESS) platform across the United Kingdom (UK) and other European markets by 2030. Under the Agreement, Sungrow will supply its liquid-cooled energy storage system (ESS) PowerTitan 2.0 to two […] Read more
AMPIN Energy, CIP Partner To Create $3 Bn RE Asset Base In India Updated On Tue, Nov 19th, 2024 by Saurenergy AMPIN Energy Transition, and Copenhagen Infrastructure (CIP) have announced a second partnership to develop another ~2 GWp of renewable energy projects across India. This new investment in excess of USD 300 million would help create a renewable energy asset base of approx. USD 1.5 billion. This partnership follows the existing partnership that AMPIN and CIP […] Read more
Indian Solar Module Makers Plan In-House Aluminium Frame Production Updated On Tue, Nov 19th, 2024 by Saurenergy After exploring solar module and cell production, several Indian solar manufacturers are now venturing into in-house aluminium frame manufacturing—essential components of solar modules. Premier Energies, a notable solar module and cell maker, has committed Rs. 230 crore to this new venture. “We are also pleased to announce today our foray into aluminium frame manufacturing business […] Read more
Brazil Pushes Up Solar Tariffs To 25 Percent Updated On Tue, Nov 19th, 2024 by Saurenergy Brazil, which has emerged as an important destination for Chinese solar exports after the challenges in the US and India, has hiked import tariffs to 25% on module imports, crimping yet another key market for Chinese manufacturers. The new rate follows an earlier tariff of 9.6% that the government has imposed to support the growth […] Read more
Waaree Energies Q2 Results-Numbers Up, Growth Rate Moderates Updated On Tue, Nov 19th, 2024 by Saurenergy Waaree Energies Limited India’s largest module maker and now a publicly listed firm, has delivered its first set of numbers after its listing. The company in its Q2 numbers for FY25 has delivered a profit after tax growth of 17% year on year(YoY) over Fy24, even as total income rose under 3% to Rs 3663 […] Read more
Long-Duration Energy Storage Needs To Touch 8 TW By 2040: Report Updated On Mon, Nov 18th, 2024 by Saurenergy The world’s energy systems are not decarbonising quickly enough to meet global sustainability commitments, and immediate action must be taken to rapidly deploy long-duration energy storage (LDES) technologies to efficiently integrate the growing amount of renewable energy now coming online, according to a new report. The inaugural Annual Report from the Long Duration Energy Storage […] Read more
