India To See 8% Rise In Electricity Consumption In 2024: IEA Report Updated On Mon, Jul 22nd, 2024 by Saurenergy A latest report from the International Energy Agency (IEA) said that India’s total electricity consumption is set to rise by around 8 percent in 2024. It also said that power consumption is set to the rise significantly in countries like China, India and the United States (US). IEA’s latest report titled ‘Electricity Mid-Year Update’ talked […] Read more
Jakson Green Secures Rs 2.96bn Credit Facility From First Abu Dhabi Bank Updated On Mon, Jul 22nd, 2024 by Saurenergy Jakson Green Private Limited, a new energy transition platform, has secured a credit facility of Rs 2.96 billion from First Abu Dhabi Bank (Mumbai). The company said that this financing will fuel the company’s international expansion, with Uzbekistan serving as the first beneficiary for its upcoming solar photovoltaic (PV) and battery storage project. “As Jakson […] Read more
What The Renewable Industry Expects From Union Budget? Updated On Fri, Jul 19th, 2024 by Saurenergy Days ahead of the Union Budget 2024, the Indian renewable energy companies have pinned their hopes on the event. A number of green companies have shared their expectations from the budget. Several of them batted for attention of better taxation regime, working on the hurdles for the green companies and suggested several means that can […] Read more
Repsol, EDF Ink Deal For Offshore Wind Project In Spain & Portugal Updated On Fri, Jul 19th, 2024 by Saurenergy Repsol and EDF Renewables reached an agreement to join forces in view of the future offshore wind tenders in Spain and Portugal, given that the Iberian Peninsula offers significant growth opportunities. To develop its portfolio of renewable projects, the company has set an investment framework of between €3 and €4 billion net until 2027. Repsol […] 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
Solar Minigrids In UP Set To Expand, Opine Experts Updated On Fri, Jul 12th, 2024 by Saurenergy Leading solar energy companies from Uttar Pradesh claimed that distributed renewable energy (DRE) sources like solar mini grids are set to expand its reach in rural UP and other areas in the coming days. Several mini grid companies operating in UP and industry experts put forth their opinions before a large audience in the recently […] Read more
Brazil Leads Among G20 Countries With Higher RE Capacity: EMBER Updated On Fri, Jul 12th, 2024 by Saurenergy Brazil has made recent advancements in increasing renewable energy in the total energy mix. According to the data shared by EMBER, the country powered 89% of electricity in 2023 from wind and solar. This solidified Brazil’s position as one of the leading G20 countries in renewable electricity generation in South America. The report found that […] Read more
India’s Solar Capacity Crosses 85 GW, Installations Pick Pace Updated On Thu, Jul 11th, 2024 by Saurenergy India’s total solar energy capacity has now surpassed 85 Gigawatt (GW), latest data from the Ministry of New and Renewable Energy (MNRE) said. The ministry said that with the addition of the new solar capacities in June this year, India’s total renewable capacity (excluding large hydro) touched 148 GW. The ministry’s monthly progress report said […] Read more
RAYS Power Announces Subsidiary for GW-Scale Solar PV Manufacturing Updated On Wed, Jul 10th, 2024 by Saurenergy RAYS Power Infra, a leading name in the renewable energy sector announced the establishment of a wholly owned subsidiary dedicated to the manufacturing of solar modules, solar cells, and Battery Energy Storage Systems (BESS) at a gigawatt scale. The new subsidiary will focus on setting up large-scale manufacturing facilities, and the company is currently evaluating […] Read more
