Tata Motors & Tata Power Inaugurate India’s Largest Solar Carport in Pune Updated On Fri, Jun 18th, 2021 by Saurenergy Tata Motors and Tata Power today jointly inaugurated India’s largest grid-synchronized, behind-the-meter solar carport at the Tata Motors car plant in Chikhali, Pune. The 6.2 MWp solar carport deployed by Tata Power will generate 86.4 lakh kWh of electricity per year and is estimated to reduce 7,000 tons of carbon emissions annually and 1.6 lakh tons […] Read more
ICRA Places 4 GW Projects At Risk Of Escalations Due To Higher Import Costs Updated On Thu, Jun 17th, 2021 by Saurenergy The hiked prices of imported solar PV modules by nearly 15-20% over the last 4-5 months, may impact the returns of solar power project developers. According to a recent release by the independent rating agency ICRA, the price rise in imported solar modules has been mainly caused due to anincrease in the price of polysilicon, […] Read more
India Extends $100 Million Credit To Sri Lanka For Solar Projects Updated On Thu, Jun 17th, 2021 by Saurenergy In an agreement yesterday, India has extended a USD 100 million Line of Credit (LOC) to Sri Lanka for various solar energy projects. This financial help will aid the Lankan government to boost their solar energy sector by ensuring the country’s 70 percent power requirements are fulfilled by renewable energy sources by 2030. The agreement […] Read more
Australia’s H2 Trade May be Worth US$90 billion in 2050: WoodMac Updated On Thu, Jun 17th, 2021 by Saurenergy Low-carbon hydrogen could become a US$50 billion to US$90 billion export industry for Australia in 2050, says Wood Mackenzie. Australia rates consistently in the top echelons for solar irradiance and has vast potential for largescale carbon capture and storage (CCS). It has showed the world the path forward with its stationary battery storage flexibility at […] Read more
Heliogen Raises $108 M for Deploying RE Tech for Heat, Power, Green H2 Updated On Thu, Jun 17th, 2021 by Saurenergy California-based Heliogen, a renewable energy technology company, recently announced that it has raised $108 million in two funding rounds to accelerate the global deployment of its Sunlight Refinery™, a turnkey concentrated solar energy system that aims to make carbon-free energy for high-temperature heat, power, and green hydrogen accessible and more cost-effective than fossil fuels for the […] Read more
IFC and Rockefeller Foundation to Co-finance RE Development in Africa Updated On Thu, Jun 17th, 2021 by Saurenergy The International Finance Corporation, the private sector arm of the World Bank Group, and The Rockefeller Foundation (RF) yesterday announced a new partnership to finance renewable energy development in Sub-Saharan Africa and some other regions. The joint venture aims to deploy $150 million of RF’s catalytic capital in blended finance to mobilize up to $2 […] Read more
Will 2021 be The Year Solar Saves California? Updated On Wed, Jun 16th, 2021 by Saurenergy California— the largest U.S. state, home to 1/8th of the country’s population, and responsible for 14% of national GDP — is experiencing one of its most challenging droughts this year. The state had earlier experienced the biggest wildfire season recorded in its modern history in 2020, which is one reason being blamed for the adverse […] Read more
Vaibhav Global Limited Launches Company-Owned Solar Power Plant Updated On Mon, Jun 14th, 2021 by Saurenergy A multi-national Indian electronic retailer, wholesaler, and fashion jewelry manufacturer, Vaibhav Global Limited (VGL) has announced that it is now a 100 percent solar-powered company by launching its owned and operated solar power plant. Two of the company’s primary manufacturing facilities will be powered by solar-generated electricity. In addition to this, the company will also […] Read more
Maharashtra Can Save 75,000 Cr Through Energy Transition Over the Decade Updated On Fri, Jun 11th, 2021 by Saurenergy Surplus electricity generation capacity, air pollution regulations, and cheap renewable energy offer Maharashtra an opportunity to save Rs.16,000 crore in 5 years, and over Rs.75,000 crore in the coming decade, says a report released by Climate Risk Horizons. According to the report entitled, ‘Maharashtra’s Energy Transition-A 75,000 cr. savings opportunity’, as one of India’s most advanced […] Read more
