NHPC Seeks EoI For India’s First Off-Shore Wind Power Project Updated On Mon, Jan 15th, 2024 by Saurenergy The National Hydroelectric Power Corporation (NHPC Ltd) has issued an Expression of Interest (EoI) to attract global entities for the establishment of India’s inaugural offshore wind energy plant. This initiative aligns with NHPC’s broader strategy of achieving over 27 GW in renewable energy projects by 2030, supporting India’s climate objectives for the same year. The […] Read more
14 Trends That Drove Change In RE Within 2023: IEA Analysis Updated On Fri, Jan 12th, 2024 by Saurenergy The International Energy Agency (IEA) reviews 14 major trends that shaped 2023 and predicts future changes for energy sector in 2024. 1. 2023 Witnessed Change In Renewable Capacity Additions, driven by China’s solar PV market According to IEA , the global annual renewable capacity addition was expected to increase by almost 50% to nearly 510 […] Read more
GE Vernova Gets 2.4 GW Turbine Order For Biggest Mexican Wind Project Updated On Wed, Jan 10th, 2024 by Saurenergy GE Vernova has signed a new equipment and long-term services deal with Pattern Energy to supply 674 units of 3.6-154 wind turbines. The order is enough to generate more than 2.4 GW of power at the SunZia Wind project in New Mexico. SunZia Wind, which is expected to be the largest wind project in the […] Read more
Green Energy, EVs To Drive India’s GDP Growth, Estimates EY Report Updated On Tue, Jan 9th, 2024 by Saurenergy Ernest and Young (EY), in its latest report, said that the green energy industries and electric vehicles could prove to be triggering factors, driving India’s total GDP growth by 2047-48. The report states that this can also pave the way for India’s transition to a developed economy with a rise in the per capita income. The […] Read more
Inox Wind Receives LoI For 50 MW Gujarat Wind Project from NLC India Updated On Tue, Jan 9th, 2024 by Saurenergy Indian wind energy solutions company Inox Wind Limited (IWL) today announced receiving a Letter of Intent (LoI) for executing a 50 MW ISTS (Inter-State Transmission System)-connected wind power project on a turnkey basis from NLC India Limited. NLC India is a Central Public Sector Utility (CPSU). As part of the project, Inox Wind will supply, install, and […] Read more
Arctech Signs Pact With Alpon Energy To Boost Presence In Turkey Updated On Mon, Jan 8th, 2024 by Saurenergy Global solar tracking and BIPV solution provider company–Arctech entered into a strategic partnership agreement with Alpon Energy in Istanbul, Turkey. This successful agreement marks the expansion of Arctech’s footprint in Turkey. Alpon Energy is a Turkish company with over eight years of expertise in solar energy EPC works and single-axis solar tracking systems. The partnership […] Read more
BrightNight Announces $375 million Corporate Credit Line For RE portfolio Updated On Fri, Jan 5th, 2024 by Saurenergy BrightNight, a global renewable power producer has announced the closing of a $375 million corporate credit facility. It said that this would help it accelerate development of its 31 GW U.S. Renewable Power Portfolio. This significant financial milestone underscores the company’s commitment to advancing renewable energy solutions that are safe, reliable, affordable, and clean. The […] Read more
Suzlon Secures Repeat Order Of 193.2 MW From Gujarat Hybrid Project Updated On Thu, Dec 21st, 2023 by Saurenergy Suzlon today announced bagging a new order for the development of a 193.2 MW wind power project for The KP Group. This will be part of Wind-Solar Hybrid and STU’s (State Transmission Utility) tariff-based project for increasing Renewable Energy contribution in the state of Gujarat. Suzlon will supply 92 units of their S120 – 2.1 […] Read more
India Awards More Than 8GW Of Energy Storage Tenders: IEEFA Report Updated On Thu, Dec 21st, 2023 by Saurenergy Indian policymakers have recognised the importance of energy storage systems (ESS) to the country’s evolving power landscape and have already awarded more than 8 gigawatts (GW) of such tenders, allocating 60% of these in 2023 alone, according to a new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research […] Read more