GERC Proposes Fixing Timelines For Rooftop Solar Connections Updated On Fri, May 24th, 2024 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC) has now proposed amending its existing rooftop solar and net-metering rules of 2016 to pave the way for fixing timelines for rooftop solar installations. The new draft rules proposed that the technical feasibility report (TFR) should be submitted by the discoms within 15 days. This new provision was made […] Read more
Microsoft Inks Deal With RWE To Purchase Wind Power From 446 MW Texas Farm Updated On Fri, May 24th, 2024 by Saurenergy RWE, the US-based renewable energy company, has signed two 15-year Power Purchase Agreements (PPAs) with Microsoft Corporation. Under the PPAs, Microsoft will purchase clean electricity from two new RWE onshore wind farms in Texas. The official groundbreaking for the RWE Peyton Creek II onshore wind farm has just taken place and for the Lane City […] Read more
Emmvee Group, Hero Future Energies In Agreement For 600 MWp Solar Modules Updated On Fri, May 24th, 2024 by Saurenergy Bengaluru based Emmvee Photovoltaic Power Pvt. Ltd, announces a strategic agreement with Hero Future Energies to provide solar modules. Under the agreement, Emmvee will supply up to 600 MWp of high-efficiency solar modules over a two-year period. The deal marks a noticeable pick up in long term arrangements for HFE, as it seeks to ramp […] Read more
Top 5 Reasons Why the US is Poised To Make An Impact in Energy Storage Updated On Thu, May 23rd, 2024 by Saurenergy In the race towards a sustainable future, battery technology is emerging as a critical component. Batteries are vital for the renewable energy revolution, essential for the functioning of electric vehicles (EVs), and pivotal for energy storage systems that stabilize power grids. For years, China has held a dominant position in the global battery market, but […] Read more
Husk Power Signs MoU With Nigeria To Deploy 250MW Of DRE Solutions Updated On Thu, May 23rd, 2024 by Saurenergy In a Memorandum of Understanding (MoU) signed today, the Rural Electrification Agency (REA) of Nigeria and Husk Power Systems (Husk) agreed on a partnership to deploy up to 250MW of decentralized renewable energy (DRE) projects in support of the Federal Government’s energy access, energy transition and energy security targets. The partnership will focus on a […] Read more
PGVCL Allocates 479 MW Capacity Solar Projects Under PM KUSUM-C Updated On Thu, May 23rd, 2024 by Saurenergy Paschim Gujarat Vij Company Ltd has allocated 479 MW solar projects to several developers under component C of the PM Kusum programme. The awarded projects are expected to be operational by the end of December 2024. The highest capacity was allocated to Onix Renewable followed by Indian Infrastructure and Project India. The tariffs that were […] Read more
ProsParity Raises $2 Mn Pre-Seed EV Fund From Global Investors Updated On Thu, May 23rd, 2024 by Saurenergy ProsParity, a fintech platform involved in the distribution of credit in the electric mobility sector, has raised a $2 million pre-seed funding round from global institutional investors. These financial investors are BEENEXT, Sparrow Capital, All In Capital, DeVC, and Huddle Ventures. BEENEXT is a Venture Capital fund managed by serial entrepreneurs ProsParity is an end-to-end electric […] Read more
Maharashtra Plans Allowing Virtual Net-Metering To Boost RTS Updated On Thu, May 23rd, 2024 by Saurenergy In a bid to promote rooftop solar installations, the Maharashtra Electricity Regulatory Commission (MERC) has proposed to allow virtual net-metering for residential consumers. The move is meant to empower the urban residents living in multistoried buildings to get the benefits of reducing the monthly electricity bills by adopting solar power through virtual net-meters. The same […] Read more
News Briefs May 22 – KKR Funds Origis Energy, Motovolt, Cleanleaf Energy Updated On Wed, May 22nd, 2024 by Saurenergy Cleanleaf Energy Secures O&M Contracts for 350 MW Solar Projects in Georgia and Pennsylvania New agreements to supply operations and maintenance (O&M) services for utility-scale solar projects totaling 350 MW in Georgia and Pennsylvania have been announced by Cleanleaf Energy, formerly known as Borrego O&M. Heelstone Renewable Energy is the owner of these projects, which […] Read more
