GE Vernova Invests $50 Million To Develop 6.1 MW Turbines Updated On Tue, May 23rd, 2023 by Saurenergy As wind energy progresses in North America, GE Vernova is going to invest $50 million at its Schenectady facility in New York as the site will assemble three key components for GE Vernova’s 6.1 MW turbine. In addition, GE Vernova said it would hire 200 new skilled union operators, manufacturing engineers, and front-line leadership to […] Read more
Waaree Renewables Doubles Q4 Net Profit; FY23 Net Profit Fivefold Updated On Tue, May 23rd, 2023 by Saurenergy Waaree Renewables Technology Ltd (WRTL) has announced its financial results for the last quarter and full year FY-2023. The company declared a consolidated net profit of Rs 12.3 crore in the March 2023 quarter marking an 81% increase year-on-year. Waaree also reported a revenue of Rs 351 crore in the full financial year 2023, which […] Read more
Suzlon Bags 25.2 MW Wind Project in Karnataka Updated On Mon, May 22nd, 2023 by Saurenergy After a streak of order wins, renewable energy solutions provider Suzlon Group has added another win to its portfolio. Suzlon has bagged a wind project with 25.2 Megawatt (MW) capacity from Sri Kumaraswamy Mineral Exports Pvt. Ltd. (SKMEPL). The firm will now be responsible for installing 12 wind turbine generators (WTGs) with a Hybrid Lattice […] Read more
New Fund by TDK Ventures to Invest $150 Million in Green Energy Updated On Mon, May 22nd, 2023 by Saurenergy Tokyo based TDK Corporation subsidiary TDK Ventures is launching its third fund that totals $150 million in new capital to provide push mainly to energy transition. TDK Ventures said that its novel fund will target early-stage investments in energy transition, electrification, and decarbonisation in the USA and Europe. With the coming of the new fund, […] Read more
ACWA to Invest $120 Million in Uzbekistan Renewables Afresh Updated On Sun, May 21st, 2023 by Saurenergy Saudi Arabia’s ace renewable energy developer ACWA Power has inked two key agreements at the EBRD 2023 Annual Meeting and Business Forum in Samarkand to advance Uzbekistan’s target to decarbonise 35% of its energy sector by 2030. In the first set of agreements with the chemicals company, Uzkimyosanoat of Uzbekistan, ACWA Power will decarbonise the […] Read more
UP Has The Highest Potential For Livelihoods With DRE: CEEW Study Updated On Fri, May 19th, 2023 by Saurenergy A latest report by the Council of Energy, Environment and Water (CEEW) claimed that Uttar Pradesh has the greatest impact opportunity in livelihood by deploying Distributed Renewable Energy (DRE) solutions. The report was recently released by the Minister of New and Renewable Energy RK Singh in a national event in New Delhi recently. Following Uttar […] Read more
India Below Asian Average in Electric Vehicle Penetration; CY 2022 Pegged at Just 1.1% Updated On Thu, May 18th, 2023 by Saurenergy As per a research by S&P Global Ratings, India’s EV penetration is a laggard in CY 2022 when compared against other Asian countries. The percentage of EV penetration in the said year was a mere 1.1%, signficantly lower than the Asian average pegged at over 17 per cent. Not surpisingly, the penetration of electric vehicles […] Read more
Suzlon Bags New Order Of 99 MW From Vibrant Energy Updated On Wed, May 17th, 2023 by Saurenergy Renewable energy solutions provider, Suzlon Group, has bagged a new order from Vibrant Energy for 33 wind turbine generators (WTGs). These will feature the firm’s new 3 MW series with a Hybrid Lattice Tubular (HLT) tower. The said project is slated for commissioning by FY25. This order of the larger wind turbine model from the […] Read more
Top Four Manufacturers of Polysilicon in China; Tongwei Leads the Race Updated On Wed, May 17th, 2023 by Saurenergy As per a Bernreuter Research, all top four manufacturers of solar grade polysilicon are now located in China; they produced more than 100,000 MT each in 2022. Chinese polysilicon manufacturer Tongwei says it has extended its position as the world market leader in the polysilicon industry. In 2022, the firm produced 1.6 times as much […] Read more
