IEA Says Solar PV Capacity Additions Will Slowdown In India In 2023 Updated On Mon, Jun 5th, 2023 by Saurenergy The new report by International Energy Agency (IEA) – Renewable Energy Market Update, June 2023 – has said that the utility-scale solar PV projects are expected to slow briefly in 2023 due to supply chain challenges, lower auction volumes and trade policies. The IEA report has shown concern as solar power is India’s largest renewable […] Read more
EDPR Secures 159 MW Contracts In Italian Wind & Solar Auctions Updated On Sun, Jun 4th, 2023 by Saurenergy EDP Renewables (EDPR) has said that it has been awarded with a 20-year feed-in-tariff (FiT) of EUR 65.17 for every MWh for 159 MW of renewable capacity. The ward was made to EDPR at the eleventh renewable auction in Italy promoted by the Gestore Servizi Energetici (GSE). The capacity awarded to EDPR represents a 43% […] Read more
Europe’s SOLEK Closes $379 Million Financing for Chile Solar Projects Updated On Thu, Jun 1st, 2023 by Saurenergy European renewable energy firm SOLEK has closed a $379 million financing for its portfolio in Chile, consisting of solar photovoltaic utility-scale and PMGD (Small Means of Distributed Generation projects in chile). The solar power projects will come up in the Central Region. SOLEK claims to be a fast-growing company in the renewable energy sector. It […] Read more
IISc Develops Novel Solar Powered Thermal Desalination System Updated On Tue, May 30th, 2023 by Saurenergy Bengaluru’s Indian Institute of Science (IISc) has developed a solar energy based new thermal desalination system. The IISc researchers say it is energy-efficient, cost-effective and portable. These features make the solar thermal desalination system convenient for installation in remote areas that have no or limited electricity supplies providing clean drinking water to the inhabitants. The […] Read more
New Solar Plant in Chandigarh To Meet Complete Power Demand of UT Secretariat Building Updated On Tue, May 30th, 2023 by Saurenergy The city of Chandigarh is set to welcome a solar energy plant with capacity worth 800 kW in Artificial Lake Parking. The project cost is pegged at over Rs 4.66 Cr. It will also entail operation and maintenance for a span of ten years. The said plant will generate 96000 Kwh units every year, promising […] Read more
European Energy to Build Italy’s Biggest Solar Farm with 250 MW Capacity Updated On Mon, May 29th, 2023 by Saurenergy A developer and operator of renewable energy, European Energy has announced that it has obtained the building permit to build a large solar power park in the municipality of Vizzini near Catania in Sicily that will have a capacity of 250 MW. European Energy said that once operational, the plant will generate renewable energy equivalent […] Read more
Gujarat Discoms To Get 500 MW Of Solar Power At Rs 2.51/unit Updated On Tue, May 23rd, 2023 by Saurenergy Electricity distribution companies in Gujarat are all set to get green energy from its 500 Megawatt (MW) grid-connected solar projects in the state with a tariff of Rs 2.51 to Rs 2.52 per unit. The Gujarat Electricity Regulatory Commission (GERC) recently approved these tariffs. It comes after the Gujarat Urja Vikas Nigam Ltd (GUVNL) moved a petition […] Read more
UP Has The Highest Potential For Livelihoods With DRE: CEEW Study Updated On Fri, May 19th, 2023 by Saurenergy A latest report by the Council of Energy, Environment and Water (CEEW) claimed that Uttar Pradesh has the greatest impact opportunity in livelihood by deploying Distributed Renewable Energy (DRE) solutions. The report was recently released by the Minister of New and Renewable Energy RK Singh in a national event in New Delhi recently. Following Uttar […] Read more
MRF To Buy 19% Stake In First Energy For Solar Power Purchase Updated On Wed, May 17th, 2023 by Saurenergy Global vehicular tyre manufacturer MRF has said it will be picking up a stake of upto 19.10 per cent in First Energy 4 Pvt Ltd. The contract value disclosed by MRF in the announcement has been estimated to be Rs 13.09 crore. The renewable energy firm develops, constructs, operates, and maintains renewable energy-based power plants […] Read more
