July 16 News In Brief: SunCable’s 20 GW Project, TotalEnergies and SSE JV, Jinko’s 150 MW Deal Updated On Tue, Jul 16th, 2024 by Saurenergy TotalEnergies, SSE In JV For EV Charging In UK & Ireland TotalEnergies and SSE have signed a binding agreement to create a joint venture to establish a new major player in EV charging infrastructure in the UK and Ireland, under the brand “Source”. The new business will deploy in both countries up to 3000 high […] Read more
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
China Overcapacity ‘Overrated’, Say China Researchers Updated On Tue, Jul 16th, 2024 by Saurenergy Ju Jiandong, Director of the Center for International Finance and Economic Research at PBC School of Finance at Tsinghua University and Feng Lu, Assistant Researcher with the Center for International Finance and Economic Research at PBC School of Finance at Tsinghua University make the case that overcapacity in the green energy sector is a temporary […] 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
Rooftop Solar: Gujarat, Maha Added Highest Capacities In 7 Months Updated On Mon, Jul 15th, 2024 by Saurenergy Months after the launch of the PM Surya Ghar scheme, several states have seen increased installation of rooftop solar systems (RTS). However, the three Indian states seem to have taken the lead in the country with the highest installation share in the country. These include-Gujarat, Maharashtra and Kerala. Government data compared by Saur Energy revealed […] Read more
