India Will Blacklist Renewable Energy Companies for Missing Deadlines Updated On Fri, Feb 17th, 2023 by Saurenergy The Union Ministry of New and Renewable Energy (MNRE) has issued an order which says that renewable energy firms could be blacklisted in case they fail to meet deadlines to complete renewable energy projects. The order states that the blacklisting will be for a period of three to five years. India has introduced blacklisting of […] Read more
Amazon Adds Record 8.3 GW of Renewables in 2022 Updated On Wed, Feb 1st, 2023 by Saurenergy Global e-commerce giant Amazon has added a remarkable capacity of 8.3 GW in 2022 in terms of renewable energy. The company has made these additions through 133 new projects in 11 countries. The official statement, the company held that now the total portfolio is over 20 GW which is enough to power 5.3 million U.S. […] Read more
IREDA & MNRE Peg Annual Performance Target for 2022-23 at 18% Higher Than Previous Year Updated On Fri, Jan 20th, 2023 by Saurenergy Indian Renewable Energy Development Agency Ltd (IREDA) has entered into an agreement with the Ministry of New and Renewable Energy (MNRE), towards the purpose of setting annual performance target for the year 2022-23. The goal has been pegged by the Government of India at Rs 3,361 crores for Revenue from Operation. This is an increase […] Read more
Association of Renewable Energy Agencies of States & Industry Body CMAI Join Hands Updated On Thu, Jan 19th, 2023 by Saurenergy Industry body Carbon Markets Association of India (CMAI) and Association of Renewable Energy Agencies of States (AREAS) have forged a partnership. They have joined hands to share knowledge and information on developments that are policy and regulations related. The two will work together for making progress in the carbon market and to encourage the set […] Read more
IREDA Inks Rs. 4,445 Cr Loan Pact with SJVN Green Energy for 1 GW Solar Power Project Updated On Thu, Dec 15th, 2022 by Saurenergy The Indian Renewable Energy Development Agency Ltd. (IREDA) has joined hands with SJVN Green Energy Ltd. (SGEL, a subsidiary of SJVN Ltd.) for a 1,000 MW Solar power project at Bikaner, Rajasthan. The agreement is worth Rs. 4,444.71 crore. The project funded by IREDA will connect to 400/220 KV substation Bikaner-II (near Bikaner). The project […] Read more
First Solar Secures Second GW Scale Solar Module Order from Swift Current Energy Updated On Thu, Oct 27th, 2022 by Saurenergy Leading global provider of PV solar solutions First Solar has revealed that it has entered into an agreement with Swift Current Energy. The agreement will pave the way for First Solar to supply Swift Current Energy with 2 gigawatts (GW)DC of high-performance, thin film solar modules in 2025 and 2026. Swift Current Energy, headquartered in Boston, […] Read more
Amazon Sets Up First Wind, Solar Farm in China Updated On Wed, Oct 26th, 2022 by Saurenergy American multinational technological giant Amazon has established first wind farm and solar farm in China to facilitate the production of clean energy. The renewable energy projects set up in China are large-scale and boast of 200 megawatts (MW) of clean energy capacity. Together, these projects are expected to produce 496,000 megawatt-hours (MWh) annually, which will […] Read more
New York’s Solomon Community Solar Launches Carbon Offset Program Updated On Mon, Sep 19th, 2022 by Saurenergy New York-based Solomon Community Solar has announced that it has launched a new program to address growing concerns about climate change called ‘ReBalance Green.’ Solomon Community Solar claims to be a leading community solar firm that has saved homeowners approximately $4.8 million every year in electricity costs. It markets community solar projects on behalf of […] Read more
Norway’s Scatec to Set Up 3 GW Wind Energy Project in Egypt Updated On Wed, Sep 14th, 2022 by Saurenergy According to a statement made by a spokesperson of the Egyptian Presidency, Norway’s renewable energy producer Scatec will be playing a greater role in Egypt for the renewable energy development. Spokesperson Bassam Essam Rady has said that the cooperation between Egypt and Scatec will be to develop new and renewable energy projects and also to […] Read more
