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Solis Shines Bright at Abu Dhabi

Solis, a global leader in solar inverter technology, displayed its most powerful inverters at World Future Energy Summit in Abu Dhabi from January 16th-18th. The World Future Energy Summit (WFES) is the leading international event accelerating sustainability and the global transition to clean energy. Solis’s booth grabbed many eyeballs and was the focal point of […]

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IRA to Swell US Renewables Investment to $114 Billion: Wood Mackenzie

A new report by Wood Mackenzie says that the Inflation Reduction Act (IRA), a Biden law that accelerates renewables and decarbonisation in the US, will significantly boost annual investment into renewable energy deployment in the region. It said that a rise from $64 billion in 2022 to nearly $114 billion is expected by 2031. The […]

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AREMI, Renewable Manufacturing Initiative for Africa Launched

Sustainable Energy for All (SEforALL), the African Climate Foundation, Bloomberg Philanthropies, ClimateWorks Foundation, and the Chinese Renewable Energy Industries Association (CREIA) have together launched the Africa Renewable Energy Manufacturing Initiative (AREMI) at Abu Dhabi Sustainability Week, UAE, with an objective step up investment and action for renewable energy development in African countries to scale up […]

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SWRE Net Loss Contracts To Rs 99 Cr In December Quarter

Sterling and Wilson Renewable Energy Limited (SWREL) has announced that it has narrowed its consolidated net loss to Rs 99.15 crore in the third quarter ending December. Sterling and Wilson said that the reduction in the losses is caused mainly due to lower expenses. With an EPC portfolio of close to 13 GW and an […]

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Norwegian Sovereign Fund to Invest in 1,265 MW RE Capacity of Iberdrola

Iberdrola has said that the Spanish multinational utility has entered into an alliance with Norway’s sovereign wealth fund, to invest in 1,265 MW of new renewables capacity in Spain. According to the terms of the agreement, the valuation of 100% of the assets in the portfolio amounts to approximately EUR 1.2 billion. The Norwegian fund […]

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Masdar, Azerbaijan’s SOCAR Sign Deal to Develop 4 GW Renewable Energy Projects

Expanding its already established-role in Central Asia, UAE flagship company developing renewable energy, Masdar has announced new deal with the State Oil Company of the Republic of Azerbaijan (SOCAR) to develop onshore wind and solar projects. Masdar will also develop integrated offshore wind and green hydrogen projects. The total combined capacity of projects has been […]

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South Korea’s Battery Majors LG Energy & Hanwha Explore Partnership for BESS

South Korean firms LG Energy Solution and Hanwha, global giants in the world of global battery and renewable energy technology, are looking to set up battery storage centric manufacturing facilities. The units will be established in the US. The said firms have entered into a partnership to make headways into US battery energy storage system […]

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OTPC, APDCL Collaborate For Rs. 2000 Crore BESS In Assam

ONGC Tripura Power Company Limited has informed that a Memorandum of Understanding (MoU) has been signed between OTPC and Assam Power Distribution Company Limited (APDCL) recently to develop a Battery Energy Storage System (BESS) Project having a total capacity of up to 250 MW / 500 MWh in Assam. OTPC and APDCL will incorporate a […]

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Incentives For Emerging Technologies like EVs, Green Hydrogen Must Be Considered

Headquartered in Jaipur, EPC firm Vareyn Solar has so far completed over 9 MW of turnkey solar projects and more than 16 MW of O&M projects. It has also liaisoned with the government on projects exceeding 17 MW of capacity. Ishan Chaturvedi, Co Founder & Director, Vareyn Solar speaks to Saur Energy International about how […]

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