Smart Meters To Boost Discom Revenue By ₹4L Crore Over 7 Years: CareEdge Updated On Tue, Apr 1st, 2025 by Saurenergy Smart meter deployment which currently stands at 5-6%, needs acceleration in India as it lags behind developed nations like Japan (100%) and the USA (73%), as well as the global average of ~43%, finds a recent CareEdge Report. The study highlighted an urgent need to bridge this gap and enhance energy efficiency. The report highlighted […] Read more
ALMM On Solar Cells Can Push Tariffs By 50p/unit: CareEdge Updated On Fri, Dec 20th, 2024 by Saurenergy A latest report by CareEdge Ratings said that the imposition of an Approved List Of Models and Manufacturers (ALMM) for solar cells in India can push solar tariffs up by up to Rs 40 paise per unit to Rs 50p/unit. The Ministry of New and Renewable Energy (MNRE) has planned to bring in ALMM for […] Read more
India’s RE Installations To Surpass 35 GW/Year By FY27: CareEdge Updated On Wed, Nov 20th, 2024 by Saurenergy The annual renewable energy (RE) installations in India are likely to surpass 35 gigawatts (GW) over the next two years, the latest report from CareEdge Ratings said. The agency said that it was primarily supported by a healthy pipeline of more than 100 gigawatts (GW), CareEdge Ratings says that the accelerated growth in the RE […] Read more
EV Adoption To Hit 20% By FY30, Says CareEdge Ratings Report Updated On Thu, Nov 14th, 2024 by Saurenergy India has set an ambitious target to meet 50% of its primary energy requirement from renewable sources by 2030. To achieve this, India needs to balance Electric Vehicle (EV) penetration with grid-level energy storage capacity. This calls for a transition to meet India’s increasing demand for advanced chemistry batteries, particularly lithium-ion (Li-ion) batteries, due to […] Read more
PSP Emerges Cost Competitive To BESS: CareEdge Ratings Analysis Updated On Thu, Feb 22nd, 2024 by Saurenergy CareEdge Ratings a research-based company in its recent estimate for this year found PSP and BESS to be two leading technologies for energy storage. The CareEdge report found that Pumped Storage Projects (PSP) and Battery-Energy Storage Solutions (BESS) technology can become leading technologies in the mainstream mediums for energy storage. It holds the potential to […] Read more
EV Sales In India Record 50% Rise, Two-Three Wheelers Dominate Sales Updated On Thu, Jan 18th, 2024 by Saurenergy As the focus on a green future increases, electric vehicles have gradually become a part of vogue amid a proactive push by governments and several institutions to create awareness among the people. A study conducted by CareEdge Ratings shows that sales of Electric Vehicles registered a significant growth in CY23 as compared to CY22. The […] Read more
C&I Segment: Group Captive Mode to Drive Installations in FY24-FY25-CareEdge Ratings Updated On Mon, Aug 7th, 2023 by Saurenergy A new report from CARE Ratings predicts sunny times for solar power through Group captive mode in India’s C&I segment. Commercial & Industrial (C&I) consumers in India have the option to purchase power either through a third-party power plant or through a captive/group captive power plant besides procuring power from the designated utility in their region. […] Read more
India Likely To Add 45 GW Of New Renewable Capacities By 2025: Report Updated On Fri, Jul 14th, 2023 by Saurenergy A latest report by CareEdge ratings claimed that India is likely to add 45 Gigawatt (GW) of new renewable energy capacities in the next two fiscals. The rating agency said the estimates were based on the healthy project pipeline and a strong bidding roadmap laid by the government. The report also sheds light on the […] Read more
