Battery Storage Needs To Be Increased Six Times By 2030 To Meet Global Energy Demand Updated On Tue, Apr 30th, 2024 by Saurenergy After their deployment in the power sector more than doubled last year, batteries need to lead a sixfold increase in global energy storage to enable the world to meet 2030 targets, according to the latest International Energy Agency (IEA) report. Growth in battery outpaced almost all other clean energy technologies in 2023 as falling costs, […] Read more
KPI Green Energy Receives New Order For 74.30 MW Solar Project Updated On Tue, Apr 30th, 2024 by Saurenergy Gujarat-based renewable energy company KPI Green Energy recently received a new order for a 74.30 MW solar power project under the captive power producer (CPP) segment. Within this allocation KPI Green has undertaken 27 MW capacity. It included a 20 MW capacity for the development of a solar power project forming part of the wind-solar hybrid […] Read more
April 30 News Briefs- Enfinity, JA Solar, Gstar, energyRE Updated On Tue, Apr 30th, 2024 by Saurenergy Enfinity Global Closes $195 Million Long-Term Financing for 70MW Solar Power Plant In Japan The recently completed solar power plant in Aomori Prefecture in northern Japan is expected to generate more than 75 GWh of clean energy annually, which is enough to meet 11% of the energy needs of the city of Aomori, i.e. about […] Read more
EMobility Firm BluSmart Crosses Rs 500 Crore In Annual Run Rate Updated On Tue, Apr 30th, 2024 by Saurenergy EMobility ride-hailing service BluSmart has announced that it has crossed the Annual Run Rate (ARR) of Rs 500 Crore ($60 Million) achieving 102% growth over the previous year. BluSmart’s gross business value (GBV) witnessed phenomenal growth, delivering a CAGR of 300% over the last three years, and is well poised for continued growth. The growth […] Read more
NTPC-REL Releases Tender For 260 MW Solar Project At Bikaner Updated On Tue, Apr 30th, 2024 by Saurenergy NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC released a tender, inviting online bids from eligible bidders for the development of a 260 MW grid-connected solar PV project at Bikaner, Rajasthan. NTPC REL invited bids for design, engineering, manufacturing, supply, packing and forwarding, transportation, unloading storage, installation, testing and commissioning of the solar […] Read more
NHPC Collaborates With Norwegian Firm To Develop Floating Solar Updated On Tue, Apr 30th, 2024 by Saurenergy NHPC recently signed a Memorandum of Understanding (MoU) with a Norway-based company Ocean Sun. Through this collaboration, the Norwegian technology provider would support India in building floating solar projects. In a social media post, the company announced it would explore key areas of cooperation for the demonstration of Ocean Sun’s floating solar energy technology. The […] Read more
Polysilicon Makers Signal Tough Times, Count On N-Type Dominance Updated On Tue, Apr 30th, 2024 by Saurenergy With Chinese polysilicon major Daqo New Energy announcing its Q1 results, the picture from a clutch of leading polysilicon makers has cleared a bit. For starters, prices are unlikely to go up significantly, pointing to a period of relative stability at best, or slight increases in eventual solar module costs. Among Daqo New Energy, OCI […] Read more
CERC Orders Compensation To NTPC Over ‘Change Of Law’ Event Updated On Tue, Apr 30th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgement awarded compensation to NTPC Limited over a surge in Goods and Services Tax (GST). The public sector utility had moved to the CERC seeking compensation for the increased project costs due to the increased taxation. The case was related to two solar projects with a […] Read more
Jinko Solar Q1 Results-Module Shipments at 19.9 GW, Down 21% QoQ Updated On Tue, Apr 30th, 2024 by Saurenergy JinkoSolar Holding Co., Ltd, one of the largest integrated solar module manufacturers in the world, has announced its unaudited financial results for the first quarter ended March 31, 2024. Till 2023 end, JinkoSolar was also the leading Chinese module supplier to the Indian market. First Quarter 2024 Business Highlights Module shipments increased 53.3% year-over-year to […] Read more
