Energy Storage Can Bring 1 TW New Capacity Online By 2033, Finds Study Updated On Tue, Jul 9th, 2024 by Saurenergy Wood Mackenzie, recently forecasted an increase in renewable energy consumption from 2024 to 2033. It expects developers to bring more than 5.4 terawatts (TWac) of new solar and wind capacity online, which can increase the cumulative global total to 8 TWac, according to the latest analysis by Wood Mackenzie. The global data and analytics provider […] Read more
SECI Invites Bids To Select Developers For 400 MW Hybrid Projects Updated On Mon, Jul 1st, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has now invited proposals for setting up Inter-State Transmission System (ISTS)-connected hybrid power projects in India, on a build-own-operate (BOO) model for an aggregate capacity of 400 MW. The tender invited bids for the inter-state transmission system (ISTS-connected) wind-solar hybrid power projects in India under SECI-Tranche-IX. The last […] Read more
JSW Energy, SJVN Sign PPA For 700 MW Project In Rajasthan Updated On Mon, Jul 1st, 2024 by Saurenergy JSW Renew Energy (Raj) Limited, a wholly-owned step-down subsidiary of JSW Energy Limited, signed a Power Purchase Agreement (PPA) with SJVN Limited for an ISTS-connected solar capacity of 700 MW. The total locked-in capacity of JSW Renew Energy stands at 13.9 GW. The PPA is signed for the supply of power for 25 years with […] Read more
PSPCL Commissions 50MW Solar Power Project In Punjab Updated On Thu, Jun 27th, 2024 by Saurenergy Power Minister Harbhajan Singh Electro-Technical Officer (ETO) recently informed that Punjab State Power Corporation Limited (PSPCL) has commissioned a 50 MW solar power project. This project was installed by Sukhbir Agro Energy Ltd. (SAEL Limited) in the Karamgarh village, Malout. It was synchronized and solar power started flowing into the 220 KV Grid substation in […] Read more
HPPCL Issues Tender For 12MW Solar Power Project In Una Updated On Wed, Jun 26th, 2024 by Saurenergy Himachal Pradesh Power Corporation Limited (HPPCL) a state government public sector undertaking (PSU) released a tender to design, supply, construction, erection, testing, commissioning, operation, and maintenance of 12 MW solar power project. HPPCL tender invited online bids to set up the project at Gondpur Bulla, Una in Himachal Pradesh. HPPCL tender includes a bid security […] Read more
90% Solar Manufacturing Is Concentrated In 5 Developing Countries, Says Report Updated On Mon, Jun 24th, 2024 by Saurenergy A recent report by REN21 found solar manufacturing to be concentrated geographically in just five countries, which are estimated to produce more than 90% of the global capacity for producing solar modules. These countries are namely reported to be, China which leads with around 80% of overall solar PV manufacturing capacity, followed by Vietnam, India, […] Read more
L&T Wins 185MW Solar Plus 254 MWh Storage Project In Bihar Updated On Mon, Jun 24th, 2024 by Saurenergy The Power Transmission & Distribution (PT&D) vertical of Larsen & Toubro’s (L&T) recently won an order to build a grid-connected 185MW Solar PV plant. The order entails solar power plants with a 254 MWh Battery Energy Storage System (BESS) having multitudes of MWh capacity in Kajra in Lakshisarai district in Bihar. This is expected to […] Read more
20% Of Global Power On Summer Solstice Came From Solar: Report Updated On Fri, Jun 21st, 2024 by Saurenergy Energy think-tank Ember estimates that today, across the midday peaks on the summer solstice – 20% of the world’s electricity will come from solar, up from 16% last year. “At 20% share, solar is now a serious global electricity source,” said Kostantsa Rangelova, electricity analyst at Ember. “ Battery costs have collapsed, meaning solar power […] Read more
RMI Foresees Cleantech To Drive 10% Of Global GDP Growth Updated On Wed, Jun 19th, 2024 by Saurenergy The Rocky Mountain Institute (RMI), a US-based research organization, has recently published a report forecasting significant growth in the cleantech sector. According to the report, solar energy installations are expected to reach 1,000 GW annually, accompanied by sales of 6,000 GWh of batteries per year. These advancements are crucial in achieving the sector’s goal of […] Read more
