Daily News Wrap up: Introducing SolarFAQS, India’s Biggest Destination For Solar Q&As

RENEWABLE ENERGY NEWS

Introducing SolarFAQS, India’s Biggest Destination For Solar Q&As

At SaurEnergy, an increasing awareness of solar has also meant an increasing number of questions for the team to answer. From the mundane to the technical, the calls, emails and even whatsapp messages on numbers have been increasing by the day. Which is why we...Read more.

CERC Allows Fortum Subsidiary To Retain Connectivity For 300 MW Karnataka Project

In an interesting order earlier this week, the Central Electricity Regulatory Commission allowed SolarOne Energy Private Limited, a subsidiary of Finnish major Fortum, to retain 300 MW connectivity it had been allotted from the Central Transmission Utility of India Limited (CTUIL). The issue arose after...Read more.

Grew Energy’s 200 MW Module Contract From SECI To Support Market Building

Grew Energy has scored in the Solar Energy Corporation of India’s (SECI) auction, clinching the largest share of a 200 MW module supply contract. According to a press release by Grew Energy, the company’s mandate entails the testing, packaging, forwarding, supplying, and transporting of solar...Read more.

Inverter Major Sungrow Overtakes Longi By Market Cap

Sungrow, the no 1 solar inverter firm by most rankings, has crossed the market valuation of module maker LONGi, long seen as the largest solar equipment form out of China. With year-end revenues of RMB72.25 billion (US$9.9 billion) for 2023, the Sungrow stock surged to...Read more.

China RE Installations To Grow 5 Times By 2050 With 5 TW Solar Capacity, Finds Study

A recent report by Norwegian analyst DNV has shown that China will have more than quintuple renewable energy installations by 2050. Energy Transition Outlook China 2024 (ETO) report states that in the coming years, the Chinese energy mix will shift rapidly from one dominated by...Read more.

United States Plans Leasing Of 12 Offshore Wind Projects

The United States Secretary of the Interior Department Deb Haaland has announced a new five-year offshore wind leasing schedule, which includes up to 12 potential offshore wind energy lease sales through 2028. Future offshore wind energy lease sales from the Bureau of Ocean Energy Management...Read more.

TDB Backs Dhruva Space Solar Array Project For Space Exploration

The Technology Development Board (TDB) has sanctioned financial assistance for this space startup, demonstrating its confidence in the project's potential to drive technological advancements in the space industry after it received financial support for the project "Space Grade Solar Array Fabrication and Test Facility" by...Read more.

US Solar Manufacturers File Case Against China’s Alleged Illegal Trade Practices In SE Asia

American Alliance for Solar Manufacturing Trade Committee of US solar manufacturers represented by DC law firm Wiley Rein LLP, filed a set of antidumping and countervailing duty petitions with the US International Trade Commission (USITC) and the US Department of commerce. The companies subject to...Read more.

MatchLog Solutions Raises $1.5 Million For Sustainability

Sustainable container logistics and supply chain optimisation MatchLog Solutions has announced the close of $1.5 million in pre-series A funding. The round was led by Motion Ventures and July Ventures, with participation from Venture Catalysts, Blue Ashva Capital, and Capital A. This funding will enable...Read more.

First EOI For GREGY Interconnection Between Greece And Egypt Called

The GREGY project, or Green interconnector between Greece and Egypt has moved one step ahead with the call forexpression of interest for studies on the project. ELICA Mediterranean Electrical Interconnection S.M. S.A., a member of Copelouzos Group, which is developing the GREGY electrical interconnection project,...Read more.

EU Finally Withdraws From ‘Dated’ Energy Charter

The European Parliament recently gave its approval to withdraw from European Union (EU) Energy Charter Treaty. This withdrawal was made after receiving recommendation of the Industry, Research, Energy and International Trade committees. This withdrawal was adopted by 594 votes to 7, with 15 abstentions. To...Read more.

EV'S & STORAGE NEWS

Hyundai, Kia Plan To Launch India-Made EVs Till 2025

Hyundai Motor Group Executive Chair Euisun Chung in his recent visits to India shared mid-to long-term mobility strategic commitments to deliver a major manufacturing advance in India. With the establishment of an annual production system of 1.5 million vehicle units for Hyundai Motor India and...Read more.