IRENA’s 11.2 TW RE Target For 2030 Risks Falling Short By 1.5 TW: Report Updated On Tue, Jul 16th, 2024 by Saurenergy Despite renewables becoming the fastest-growing source of power, the International Renewable Energy Agency (IRENA) latest report needs a minimum 16.4% growth rate annually through 2030 to stay on course, to meet the 2030 target. IRENA’s Renewable Energy Statistics 2024 report indicated the possible risk of missing the tripling renewables target pledge set at COP28. The […] Read more
Rays Power Secures Two Projects Worth Rs. 833 Cr Totaling 680 MW Updated On Tue, Jul 16th, 2024 by Saurenergy Rays Power Infra, a solar EPC solutions provider recently acquired new projects worth Rs. 833 crores in the April-June period 2024. These projects are distributed in two states and can add over 680 MW to the company’s expanding portfolio. Rays Power Infra continues to focus on strengthening its solar park as well as EPC divisions […] Read more
Green Stocks July 15: KPI Green Stock Surges 5%, Takes The Lead Updated On Mon, Jul 15th, 2024 by Saurenergy After a long gap, the stock market today saw positive growth, where the stock price of most solar energy companies moved upwards. On the lead, with 5% growth was KPI Green Energy. It was followed by Inox Energy and SJVN receiving 2.17% and 2.06% respectively. Other companies that witnessed positive movements were Borosil Renewables, Waaree […] Read more
SolarPower Europe Sets Unified Cybersecurity Standards For PV Updated On Mon, Jul 15th, 2024 by Saurenergy Digitalization in the energy sector offers significant opportunities for Europe. It can enhance power plant efficiency and provide flexibility in managing decentralized energy resources. According to SolarPower Europe’s recent report, digital flexibility solutions could potentially save 32 billion EUR by 2030 and 160 billion EUR by 2040. The report aims to establish a unified cybersecurity […] Read more
Global Battery Storage Capacity Set To Reach 2,200 GW By 2050: Report Updated On Mon, Jul 15th, 2024 by Saurenergy BP Energy Outlook 2024 report, reported a rise in global power generation to nearly 25,000 TWh under current projections. This increase is closely paralleled by an approximately eight-fold rise in wind and solar power, reaching 23,000 TWh. The study projects a 40% decline in global coal-fired generation by 2050, with significant decreases expected across most […] Read more
BluSmart Secures Rs. 200 Cr In Pre-Series B Funding Round Updated On Mon, Jul 15th, 2024 by Saurenergy BluSmart, the Gensol backed EV RideHailing service provider recently completed its Pre-Series B funding round, in which the company secured Rs. 200 Crore (USD 24 million). The funding will further assist BluSmart in expanding its EV operations and building EV charging infrastructure in major Indian cities. This new investment round saw participation from new investors […] Read more
SJVN Issues Tender For 1.2 GW Hybrid Projects Across India Updated On Mon, Jul 15th, 2024 by Saurenergy SJVN recently released a tender for the selection of hybrid power developers for setting up 1200 MW ISTS-connected wind-solar hybrid power projects in India. The tender mandates the hybrid power Developer (HPD) to set up a project that includes a transmission network up to the Interconnection/ Delivery Point. The project is undertaken to supply wind-solar […] Read more
Green Stock July 12: Inox Wind Energy Stock Prices Climb 5% Updated On Fri, Jul 12th, 2024 by Saurenergy In the stock market today, Inox Wind Energy stock prices climbed 5% along with JSW Energy and SJVN whose stock prices grew 0.12% and 0.57% respectively. On the other hand, the green stock of other companies faced a downward movement, with the stock price of Shakti Pumps dropping 3.87% followed by Sterling and Wilson Renewable, […] Read more
Oriana Power Gets 40 MW Solar Project In Rajasthan Updated On Fri, Jul 12th, 2024 by Saurenergy Oriana Power has secured a new solar plant project of 40 MWp capacity. This project will be implemented by a separate entity incorporated/to be incorporated by Oriana Power Ltd directly or through its subsidiaries, as is the case with open access solar projects. The commеrcial and industrial (C&I) solar manufacturеr received an order in plans […] Read more
