Home Battery Storage: Are Car Companies Going Beyond EV Charging Systems? Updated On Thu, Dec 15th, 2022 by Saurenergy The advent of electric vehicles as a new mode of mobility also boosted the market for electric vehicle (EV) charging systems worldwide. The market is expected to grow at a CAGR of around 30 per cent between 2021-2028. While the rise of EVs resulting in the growth of the EV charging market is understandable, automakers […] Read more
Textile Major H&M Signs PPA With Neoen & Alight For 90 MWp Solar Park In Sweden Updated On Wed, Dec 14th, 2022 by Saurenergy French Renewable energy player Neoen and solar power specialist Alight have announced the signing of a PPA for 90 MWp of green energy in Sweden with the Swedish fashion retailer H&M Group. Under the long-term PPA, the solar park, located in Hultsfred, Sweden, will provide H&M Group with local renewable energy and guarantees of origin, […] Read more
NIIFL Signs Agreement with Tamil Nadu for Renewable Energy Projects Updated On Tue, Dec 13th, 2022 by Saurenergy The National Investment and Infrastructure Fund Ltd (NIIFL) has announced that it has signed an MoU with the Tamil Nadu Infrastructure Development Board (TNIDB) to attract investment in infrastructure development in the southern state. This will also include attracting commercial capital in the renewable energy sector. The State Government of Tamil Nadu has set up […] Read more
Solar Manufacturing Seeks A China Fix As Regions Push For Energy Security Updated On Mon, Dec 12th, 2022 by Saurenergy Solar manufacturing, until now synonymous with giant factories in China is now finding its roots in several new hotspots worldwide. Initiatives to boost solar manufacturing are being taken worldwide as the world has accelerated the efforts to shift to renewables in a bid to move toward a sustainable future. Notably, over the last decade, the […] Read more
Energy Solns Provider Invenergy Secures Offshore Wind Lease Off California Coast Updated On Fri, Dec 9th, 2022 by Saurenergy Invenergy California Offshore has announced that it has been named provisional winner for 80,418 acres of seabed for offshore wind development by the U.S. Bureau of Ocean Energy Management (BOEM). Invenergy California Offshore is a subsidiary of Invenergy, that claims to be a leading developer, owner, and operator of sustainable energy solutions. Invenergy held that […] Read more
Greenko Bags NTPC’s 3000 MWh Energy Storage Project Tender Updated On Fri, Dec 9th, 2022 by Saurenergy Greenko Energies has emerged as the lowest bidder by a significant margin for NTPC Renewable Energy’s auction to set up interstate transmission system (ISTS)-connected energy storage systems of 3,000 MWh capacity with a minimum of 500 MW capacity to be installed anywhere across India. Greenko won the entire capacity by quoting Rs 27.9 lakh /MWh/year, […] Read more
SECI Payout of Rs 804 Cr to Solar & Wind Developers for Oct Sees 10% Slide Since Sep Updated On Tue, Dec 6th, 2022 by Saurenergy Payments totaling Rs 804 crore were made to solar and wind power producers by the Solar Energy Corporation of India (SECI) for the power it purchased in October 2022. The amount is almost 10% less than what was paid out in September. Against its power purchases, the agency had released Rs 893 crore. Nearly 88% […] Read more
Swedish Solar Cell Maker Midsummer Signs LOIs to Deliver 224 MW Solar Panels Updated On Fri, Dec 2nd, 2022 by Saurenergy Swedish manufacturer of thin film CIGS (copper indium gallium selenide)solar cells, Midsummer has announced the signing of letters of intent (LOI) with six Swedish and foreign business partners for a total of 107 MW of solar panels. With the release of 224 MW of solar cells and previously announced agreements with roof and building businesses […] Read more
The Top 5: Why Data Centres Are A Favourite To Shift To Renewable Energy Updated On Tue, Nov 29th, 2022 by Saurenergy Whenever you use the internet, you’re connecting to one of the millions of servers distributed across hundreds of data centres located worldwide. Yes, these are the ‘cloud’ servers every digital user today is familiar with. While they are crucial for tech giants, people may not realise that these centres, with their extensive security requirements, and […] Read more