Tech Investments To Slash Solar Energy Costs By Up to 60%: ISA Updated On Thu, Nov 21st, 2024 by Saurenergy Solar energy has been identified as key to bridging energy gaps in low-income countries, ensuring access for over 1 billion people globally through various grid-connected and decentralized solutions. According to a report by the International Solar Alliance (ISA), by 2050, solar adoption is projected to create over 27 million green jobs worldwide, offering significant opportunities […] Read more
Hyundai Motor, Fourth Partner Collaborate For 118 MW RE Project Updated On Thu, Nov 21st, 2024 by Saurenergy Fourth Partner Energy Private Limited (FPEL), through its Special Purpose Vehicle (SPV), FPEL Tamil Nadu (TN) Wind Farm Private Limited, recently signed Power Purchase Agreements (PPA)s with Hyundai Motors for both wind and solar power. FPEL TN Wind Farm Private Limited, an SPV created by the Telangana-based Fourth Partner Energy, aims to enhance the company’s […] Read more
Regime Change Can Shift US Net-Zero Energy: Wood Mackenzie Updated On Wed, Nov 20th, 2024 by Saurenergy Republican control in the United States (US) will move energy policy away from net zero targets, but President-elect Trump’s full agenda will face political and market opposition according to a Wood Mackenzie analysis. The US is likely in store for lighter standards on emissions regulations, more protectionist trade policies, and removing the US from the […] Read more
GPES Strengthens Board With Key Leadership Inductions Updated On Wed, Nov 20th, 2024 by Saurenergy GP Eco Solutions, the Noida-based solar and storage solutions firm that listed on the SME Exchange earlier this year, has moved to strengthen its board with the induction of three industry stalwarts in the form of KS Popli, AK Jain and UN Tripathi. Popli retired as Chairman and Managing Director at IREDA in 2019, after […] Read more
PM Surya Ghar: MNRE Clarifies On CFA Aid To Housing Societies Updated On Wed, Nov 20th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now tried to clarify on the Central Financial Assistance (CFA) support under PM Surya Ghar for housing societies. The ministry dded a clause to provide Central Financial Assistance (CFA) to residential consumers benefiting from the PM Surya Ghar: Muft Bijli Yojana (PMSG: MBY), especially the Resident […] 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
GoodWe Inaugurates Global Partner Summit at New Headquarters Updated On Tue, Nov 19th, 2024 by Saurenergy GoodWe, a global company offering solar inverter and energy solutions, inaugurated its first Global Partner Summit at its new global headquarters in Suzhou, China. Themed Empowering Future of Energy Together: Opportunities, Challenges, and Collaborations, the event gathered 500 industry players worldwide to foster collaboration, exchange insights on industry dynamics, and showcase GoodWe’s latest innovations accelerating […] Read more
SECI’s Plea For Extra Trading Margin In BESS Deal Fails To Cut Ice With CERC Updated On Tue, Nov 19th, 2024 by Saurenergy In an interesting take on what constitutes fair margins, the Central Electricity Regulatory Commission (CERC) considered a plea by SECI on an additional margin of Rs. 0.07/kWh for facilitating the sale/ purchase, scheduling, accounting, charging, and discharging of BESS for Grid Ancillary Services (150 MW) portion through IDAM/ RTM/TAM/Bilateral mode on behalf of the National […] Read more
AMPIN Energy, CIP Partner To Create $3 Bn RE Asset Base In India Updated On Tue, Nov 19th, 2024 by Saurenergy AMPIN Energy Transition, and Copenhagen Infrastructure (CIP) have announced a second partnership to develop another ~2 GWp of renewable energy projects across India. This new investment in excess of USD 300 million would help create a renewable energy asset base of approx. USD 1.5 billion. This partnership follows the existing partnership that AMPIN and CIP […] Read more