Renault Group Signs Agreement with Iberdrola to Reach Zero Carbon Footprint in its Factories Updated On Mon, May 3rd, 2021 by Saurenergy Renault Group and Iberdrola today signed a strategic partnership to reduce the CO2 emissions of Renault’s energy consumption in Spain and Portugal. Under the agreement, Iberdrola will supply green energy on a long-term basis, while implementing heat electrification and energy efficiency systems at the manufacturer’s facilities. Additionally, Iberdrola will analyse on-site renewable projects, electrify mobility and […] Read more
LONGi to Supply 600 MW Modules for JV With Engie Updated On Mon, May 3rd, 2021 by Saurenergy Xi’an-headquartered major solar PV manufacturer LONGi recently announced the signing of a framework agreement with Engie Solar (Engie Group), a French multinational electric utility company. To kickstart the process, 600 MW of the Chinese manufacturer’s high efficiency PV modules have been committed for projects in several geographies. Dennis She, Senior Vice President of LONGi Solar, commented, “LONGi […] Read more
Swedish Solar Installer SunRoof Raises €4.5 Million Updated On Mon, May 3rd, 2021 by Saurenergy Sweden based residential solar rooftops installer, SunRoof closed a Euro 4.5 million funding round led by Inovo Venture Partners, a Poland based investor which backs early-stage and post-traction startups. It was the second round of investment of the seed extension round in under six months, taking total funding to Euro 6.5 million. The funding was […] Read more
Indian Army Launches First Solar Plant in North Sikkim Updated On Mon, May 3rd, 2021 by Saurenergy Seeking to harness renewable energy for the benefit of its troops working in remote conditions, the Indian Army has recently inaugurated the first green solar energy plant in Sikkim. The facility, which uses vanadium-based battery technology, was built at an altitude of 16000 ft. in the northern part of the state and has a capacity of […] Read more
Gadkari Promotes Investment in Indian RE Sector at Indo-US Summit 2021 Updated On Mon, May 3rd, 2021 by Saurenergy At the Indo-US Partnership Vision Summit 2021, organised by IMC Chamber of Commerce and Industry on Friday, Union Minister Nitin Gadkari called the Indo-US partnership ‘the most important partnership of the 21 century’. Speaking about the growing confidence between India and the US, he said that all outstanding trade issues would be resolved soon, and […] Read more
Hydrostor to Develop 1 GW Energy Storage Facility in California Updated On Mon, May 3rd, 2021 by Saurenergy Hydrostor has announced the development of a 1 GW of long duration energy storage project in the state of California. Hydrostor, a long-duration energy storage solution provider, announced the development of 1,000 MW (1 GW) of long duration energy storage project in the state of California. The California Public Utilities Commission has identified a need […] Read more
Investments Worth $810 Billion Expected in the Offshore Wind Sector This Decade Updated On Mon, May 3rd, 2021 by Saurenergy The combined capital and operational expenditure in the offshore wind sector for the decade is set to add up to a massive USD 810 billion A new report by Rystad Energy has predicted that the offshore wind industry’s global installed capacity will exceed 250 gigawatts (GW) by 2030, driven by a surge in coming projects. […] Read more
41 Percent Growth in India’s Power Consumption in April 2021 Updated On Mon, May 3rd, 2021 by Saurenergy Power consumption in India grew 41 percent in April 2021 to reach 119.27 BU According to data made available by the Power Ministry, power consumption in India grew 41 percent in April 2021 to reach 119.27 billion units (BU) over the same month last year, showing what the ministry believes to be a robust recovery in industrial and […] Read more
Guidelines Issued for PLI Scheme for Solar Modules; IREDA to be Implementing Agency Updated On Mon, May 3rd, 2021 by Saurenergy MNRE has issued the guidelines for the implementation of the PLI scheme for high-efficiency solar PV modules. The Ministry of New and Renewable Energy (MNRE) in a ministry wide notification has announced the sanction of the President for implementation of the Production Linked Incentive (PLI) scheme ‘National Programme on High-Efficiency Solar PV Modules’ for achieving […] Read more
