500GW of Energy Storage Will Be Globally Available By 2031: Wood Mackenzie Updated On Thu, Jul 28th, 2022 by Saurenergy UK-based data provider Wood Mackenzie has released its Global Energy Storage Outlook today. According to this report, market growth for global energy storage has been uneven, with cumulative storage deployments anticipated to reach 500GW by 2031. Only 159-gigawatt hours (GWh) are projected for the region by 2031, compared to 422 GWh for China and 600 […] Read more
NTPC Floats Tender For O&M Of Up To 50 MW Solar Projects Updated On Wed, Jul 13th, 2022 by Saurenergy India’s largest power producer, state-owned NTPC has floated a tender inviting bids from the prospective vendors to operate and maintain up to 50 MW solar projects. Operation and maintenance has been defined in the floated tender as prevention of breakdown, maintenance following a breakdown and overhauls extending to normal housekeeping, cleaning etc. The NTPC will […] Read more
MPPMCL Issues Tender for Carbon Credits From Solar Rooftop in Madhya Pradesh Updated On Wed, Jul 13th, 2022 by Saurenergy Madhya Pradesh Power Management Company Limited (MPPMCL) has floated an e-tender for trending carbon credits from solar rooftop projects in Madhya Pradesh. This tender has included the appointment of consultants for validation, registration, verification, issuance, and trading of carbon credits from solar rooftop projects. The interested bidder can participate in the bidding process through an […] Read more
Gujarat Urja Vikas Issues 750 MW Solar Tender Through Competitive Bidding Updated On Wed, Jul 13th, 2022 by Saurenergy Gujarat Urja Vikas Nigam Ltd (GUVNL) has floated a tender for a 750 MW solar power project through competitive bidding process. The last date for submitting the online bid is August 23, 2022, till 5:00 pm and for the offline bid is August 25, 2022, at 05:00 pm. Bids will be opened on August 26, […] Read more
MSEDCL Issues Tender for Supply of 500 MW Solar Power Under PM KUSUM Updated On Mon, Jul 11th, 2022 by Saurenergy Maharashtra State Electricity Distribution Company Limited (MSEDCL) has invited the bids for a cumulative 500 MW (AC) solar power from the de-centralised solar project under the PM-KUSUM Yojna Component-C. This project will be developed in the Maharashtra state. The last date to submit bids of this 500 MW tender is July 29, 2022, till 04:00 […] Read more
Clean Capital Acquires 100% Stake in BQ Energy Updated On Fri, Jul 1st, 2022 by Saurenergy New York-based clean energy investment firm, Clean Capital has announced its 100% acquisition (100% Stake) of renewable energy development company, BQ Energy recently. Now Clean Capital has all the rights to operate BQE independently as an own-subsidiary firm. Now Clean Capital will invest in BQE’s long-term projects. Additionally, Clean Capital will invest in initiatives that […] Read more
Sungrow Leads the Inverter Race Globally After Shipping 47.1 GW Products in 2021 Updated On Mon, Jun 27th, 2022 by Saurenergy China-based Solar Inverter manufacturer, Sungrow shipped 47.1 GW of products in 2021 to become the global leader. Not only that, but they also expanded their production facilities across Asia in 2021. Sungrow has a 10 GW manufacturing facility in Bengaluru, that was recently expanded, besides another 10 GW plant in Thailand. The top 10 global […] Read more
US Solar Firms Form Consortium To Spend $6 Billion To Support Domestic Industry, Supply Chain Updated On Wed, Jun 22nd, 2022 by Saurenergy A number of solar power project developers in the USA have joined hands to spend approximately $6 billion for the supply chain expansion of solar power panels. The AES Corporation, Clearway Energy Group, Cypress Creek Renewables and D.E. Shaw Renewable Investments (DESRI), have announced the formation of the ‘US Solar Buyer Consortium’ to supplement the […] Read more
Deferment of ALMM Policy: A much awaited but temporary relief to the solar market Updated On Mon, Apr 11th, 2022 by Saurenergy India had ambitioned to achieve 100 GW of solar installation by 2022. However, as per MNRE, we had achieved only 51 GW of solar by Feb 2022. While we haven’t met the goal, there has been meaningful and significant growth in the overall solar industry. Also, the Government has set a steeper target of 280 […] Read more