Brazil’s Solar Growth Soars, Eyes 200 GW by 2050 Updated On Fri, Feb 21st, 2025 by Saurenergy Brazil needs to rapidly scale its decarbonization efforts to become a net-zero economy by 2050, according to New Energy Outlook: Brazil, released by BloombergNEF (BNEF). The report builds on the results of BNEF’s flagship New Energy Outlook 2024 and examines Brazil’s decarbonization trajectory using bottom-up modeling across the power, transport, industry, and buildings sectors through […] Read more
Budget: Rajasthan Promises 150 Units Of Free Power For Solar Users Updated On Wed, Feb 19th, 2025 by Saurenergy Rajasthan government has now promised to provide solar prosumers with free electricity. Today, the state government presented its budget for the next financial year in the state assembly. Deputy Chief Minister Diya Kumari in her budget speech announced the extension of the free power for solar consumers. “By leveraging the PM Surya Ghar Scheme, the […] Read more
Australia, Brazil, And India Rank Among Top Five With Renewable Potential Updated On Wed, Feb 19th, 2025 by Saurenergy RatedPower’s, 2025 Global Renewable Trends Report reveals a high confidence in the future of renewables, with storage, solar, and green hydrogen as key growth areas over the next five years. RatedPower is a part of Enverus, an energy-dedicated SaaS company that leverages generative AI in its solutions. According to the respondents it surveyed, the U.S., […] Read more
Waiver of ISTS Charges-Will Power Ministry Oblige RE Developers? Updated On Mon, Feb 17th, 2025 by Saurenergy Inter State Transmission Charges or ISTS charges are a key component of power bills across India. Thus, their waiver for renewable energy producers has been a major support on which the energy has grown, by helping keep costs lower than they would otherwise have been. Of course, most states have sought to extract their own […] Read more
G7 Countries Are Building 10% Of Planned Solar Projects: Report Updated On Tue, Feb 11th, 2025 by Saurenergy The pipeline of prospective utility-scale solar and wind capacity grew by a fifth last year, but the world’s richest countries account for only a fraction of new construction, according to a new report from Global Energy Monitor (GEM). The Global Solar Power Tracker and Global Wind Power Tracker include all projects that have been announced, […] Read more
India’s Solar Energy Generation Increased 18% In CY24 Updated On Wed, Feb 5th, 2025 by Saurenergy India’s renewable energy sector witnessed a strong year-on-year growth in calendar year 2024 (CY24), with total renewable energy generation (including large hydro) reaching 3,87,553.52 million units (MU)—a 14.8% increase compared to 3,37,745.63 MU in CY23, as per the latest data from the Central Electricity Authority (CEA). Solar Energy Sees Impressive Growth A major contributor to […] Read more
BUDGET: FM Proposes Amending Duties For Solar Cells, Modules Updated On Sat, Feb 1st, 2025 by Saurenergy Union Finance Minister Nirmala Sitharaman today presented the Union Budget 2025. Although the minister did not explicitly use the word ‘renewable’ in her speech or announce any scheme or support for the sector exclusively, the finer details of the budget document revealed some changes. The budget documents revealed that the government has decided to amend […] Read more
Telangana Targets 20 GW RE, Storage Capacity Additions By 2030 Updated On Mon, Jan 27th, 2025 by Saurenergy Shortly after releasing its draft renewable energy policy earlier this year, the Telangana government unveiled its official Renewable Energy Policy for 2025. The Telangana Renewable Energy Development Corporation Ltd (TGREDCO), has now issued a policy, setting an ambitious target to boost the state’s renewable energy capacity, aiming for 20 GW of renewable energy and storage […] Read more
Delayed Payment: MERC Asks MSEDCL To Pay Penalty To RE Firms Updated On Thu, Jan 23rd, 2025 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) has directed the state power utility, MSEDCL, to pay penalties with interest to two biomass energy generators for delayed payments. The order came after the two renewable energy generators approached MERC against MSEDCL over the issue. The two companies—Manas Agro Industries and Infrastructure Limited (MAIIL), Wardha, and MAIIL Nashik—had […] Read more