Renewable Energy Leads In Investor Interest In UP Global Investor Summit Updated On Tue, Feb 14th, 2023 by Saurenergy After the announcement by Reliance CMD Mukesh Ambani about investing Rs 75,000 crores in UP over the next 4 years, the summit has ended with renewable energy garnering possibly the highest commitments by value. State Investor summits usually measure their success by the value of MoUs signed, or in this case LOIs or Letter of […] Read more
FTC Solar & Taihua New Energy Form JV to Produce Steel Components for Solar Projects Updated On Tue, Feb 14th, 2023 by Saurenergy FTC Solar, a US-based solar tracker manufacturer, has formed a domestic joint venture with Thailand-headquartered steel fabricator Taihua New Energy to produce steel components for solar projects. The joint venture named Alpha Steel, will focus on manufacturing steel components, including torque tubes, for utility-scale solar projects in Sealy, Texas. Alpha Steel is expected to begin […] Read more
Dehradun is Home to North India’s First Solar-Powered Hydroponic Plant Updated On Tue, Feb 14th, 2023 by Saurenergy North India’s first solar-powered hydroponic plant has been inaugurated in Dehradun. With capacity at 71kw, the solar power plant sprawls to 6,000 square feet of area. It consists of 36 panels. Under these panels, 6000 vegetable pots can be positioned three feet above soil. This makes the plant extremely productive in nature. With the establishment […] Read more
Denham Capital Announces $200 Million for Solar Energy Generator Solops Updated On Tue, Feb 14th, 2023 by Saurenergy Boston based global energy transition investment firm Denham Capital has announced that it has closed a purchase agreement with Solops that develops, finances, and owns and operates photovoltaic solar projects in the commercial and industrial (C&I) sector throughout the United States. Under the agreement, Denham has acquired Solops and will support the growth of the […] Read more
Yokogawa Enters Investment & Collaboration Agreement with Startup Ideation3X Updated On Tue, Feb 14th, 2023 by Saurenergy Yokogawa Electric Corporation has announced that it has made a US$10 million Series B investment in Ideation3X Pte. Ltd. (i3X), a Singapore-based venture company that is targeting the rapidly expanding integrated solid waste management (ISWM) sector in India with a process that adopts a circular economy approach. Founded in 2017, i3X has been backed since […] Read more
HPX Concludes 1st e-Reverse Auction Updated On Tue, Feb 14th, 2023 by Saurenergy Hindustan Power Exchange Ltd. (HPX), India’s third power exchange that counts PTC India Ltd, Bombay Stock Exchange, and ICICI Bank among its key backers has successfully concluded its 1st e-Reverse Auction (e-RA) based long duration contract for Indian Railways on February 12. The exchange simultaneously logged its highest single day volume of 36.18MUs. The first […] Read more
Lightsource bp & Contact Energy to Develop 150 MW Solar PV Project in New Zealand Updated On Tue, Feb 14th, 2023 by Saurenergy Lightsource bp, which delves into the development and management of solar energy projects, will develop one of New Zealand’s largest solar development project at Christchurch Airport. Lightsource bp and New Zealand based Contact Energy, will together develop the 150 MW solar project. The deal marks the firm’s first project in New Zealand. The Kowhai Park […] Read more
EU Approves €2.08 Billion for Offshore Wind Energy Project in France Updated On Tue, Feb 14th, 2023 by Saurenergy The European Commission has approved a EUR 2.08 billion French measure to support offshore wind energy production in France. The decision has been taken under EU State aid rules. The measure will contribute to achieving France’s energy and environmental targets, as well as the objectives relating to the EU’s Offshore Renewable Energy Strategy and the […] Read more
Borosil Renewables FY23 Q3 Results- Sales Stagnate, Third Furnace Goes Online Updated On Tue, Feb 14th, 2023 by Saurenergy Solar glass manufacturer Borosil Renewables has reported its Q3 results for FY23. Sales have stagnated, with the company reporting total income of Rs. 170.9 crores during the period ended December 31, 2022 as compared to Rs. 171.3 crores during the period ended September 30, 2022. However, with the new furnace SG3 started during January, the […] Read more
