Supply Chain Startup Solar Ladder Secures Rs 11 Crore Funding Updated On Thu, May 4th, 2023 by Saurenergy In a key development that signifies the expanding solar power supply chain in India, Mumbai based Solar Ladder has announced that it has secured Rs 11 crore in seed funding. Solar Ladder is a platform that manages the supply chain for solar installation firms. The funds have been raised from Axilor Ventures, Titan Capital, DeVC, […] Read more
KKR Purchases $550 Million Loan Of SunPower Updated On Thu, May 4th, 2023 by Saurenergy North American residential solar technology and energy services provider SunPower and global investment firm KKR have signed a definitive agreement under which credit funds and accounts managed by KKR will commit to purchasing $550 million of solar energy loans made to SunPower customers. This transaction is expected to support SunPower Financial’s continued ability to offer […] Read more
150-MW Solar Power Projects Brought Online By Duke Energy Updated On Thu, May 4th, 2023 by Saurenergy Duke Energy has brought two more solar projects online in Florida’s Bay and Levy counties having cumulative capacity of 150 MW. This is just three weeks after the company announced the completion of two solar sites in northern region of the state. The new sites are part of the community solar program portfolio of Duke […] Read more
Large Offshore Wind Turbines Leading To Unsustainable Market Risks, Says Report Updated On Wed, May 3rd, 2023 by Saurenergy A recent report by GCube, a leading underwriter for renewable energy projects, claims that all is not well with the deployment of large wind offshore turbines. The report titled “Vertical Limit: When is bigger not better in offshore wind’s race to scale?” talks about several market vulnerabilities created by using the latest technology meant to […] Read more
MNRE Allows Time Extension For Solar/Hybrid Projects Only In ‘Genuine Cases’ Updated On Wed, May 3rd, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a fresh order to act against erring renewable energy project developers who willfully delay clean energy projects and ask for relaxations on commissioning dates. In its latest Order, the ministry said it gave the renewable energy implementing agencies like SECI, NTPC, and NHPC the power […] Read more
Renewable Energy: Looking Beyond Gujarat In 2023 Updated On Wed, May 3rd, 2023 by Saurenergy The Indian story of renewable energy is actually a story of paradoxes. Thus, even as the country has made remarkable progress in adding renewable capacity, it still fell comfortably short of the 175 GW target for 2022 Nationally, the country today has achieved 168 GW of renewable energy including large hydro power but the travesty […] Read more
Long Duration Storage With Lithium Batteries Gets a Boost With RWE Bid In Australia Updated On Wed, May 3rd, 2023 by Saurenergy RWE Renewables, a German-based energy company, has now bagged a tender in New South Wales (NSW) in Australia to offer long-term energy storage systems. The company had earlier bid for its proposed eight-hour-long battery storage systems. However, by quoting lower than pumped storage, the firm has opened up a slew of possibilities on the utility […] Read more
KSERC Allows Cochin Port Authority To Re-Tender For 1.5MWp Floating Solar Updated On Wed, May 3rd, 2023 by Saurenergy The Kerala State Electricity Regulatory Commission (KSERC) has allowed Cochin Port Authority to re-tender for the development of 1.5 MWp Grid Connected Floating Solar PV plant at Willingdon Island of the Port Authority under RESCO Model (BOOT) for 25 years. The court also allowed PPA for the 1.5 MWp Floating Solar and grid-connection of the […] Read more
7 Reasons Why Renewable Energy Can Be A Life Saver In Disasters & Conflicts Updated On Wed, May 3rd, 2023 by Saurenergy Several coastal Indian states along the Bay of Bengal have often witnessed repeated cyclone episodes. Such devastating extreme weather events have created massive destruction of the power infrastructures like electric poles and grids in the past. On the other side, most of the eastern Indian states lying close to the Himalayas have been earmarked as […] Read more
