IEA Flags Supply Side Risks For Global Energy Security Updated On Tue, Oct 22nd, 2024 by Saurenergy The global energy landscape, as detailed in the World Energy Outlook 2024, highlights the challenges and opportunities of transitioning to a clean energy future amidst growing geopolitical risks and economic uncertainties. With events like the conflicts in the Middle East and Russia’s war in Ukraine, the global energy market’s fragility is apparent, influencing both traditional […] Read more
How Solar Energy Is Transforming India’s Healthcare Delivery? Updated On Tue, Oct 22nd, 2024 by Saurenergy The Community Health Center (CHC) in Joshimath, Uttarakhand, is the only government health facility in this small hilly town and serves as the largest healthcare center for many nearby villages. Joshimath is also known as the gateway to the pilgrimage site Badrinath. This small government healthcare facility attends to the medical needs of both tourists […] Read more
Global Solar Energy Costs Drop, Offshore Wind Prices Stay High: Wood Mackenzie Updated On Tue, Oct 22nd, 2024 by Saurenergy Globally, the Levelised Cost of Electricity (LCOE) landscape made significant advances in renewable energy technologies, with wind and solar power leading the way. The levelized cost of electricity (LCOE) is used to evaluate the net present value of the cost of electricity over generated during the lifetime of the generating system from the energy technology. […] Read more
Achieving Universal Energy Access by 2030: Can It Be Done? Updated On Mon, Oct 21st, 2024 by Saurenergy Universal energy access is not just a development goal. It’s a fundamental requirement for socio-economic growth and improved quality of life. Despite global efforts, millions of people, particularly in sub-Saharan Africa and South Asia, still lack access to electricity and clean cooking solutions. The World Energy Outlook 2024 examines these challenges and explores pathways to […] Read more
Sharp Fall In BESS Tender Bids Signals Faster Energy Storage Additions In India Updated On Mon, Oct 21st, 2024 by Saurenergy In the past three months multiple BESS (Battery-based Energy Storage system) tender results have pointed to yet another mini-disruption in the fast-evolving Indian renewable energy sector. Energy storage targets for 2028 might be a lot closer in 2026 itself. The price drops have been attributed primarily to falling lithium cell costs, which have led to […] Read more
SolaX Power Announces 149.8mn USD Investment On Energy Storage Updated On Mon, Oct 21st, 2024 by Saurenergy Global energy solutions company SolaX Power has now unveiled a 149.8 million USD investment to establish research and manufacturing facility in the Zhejiang Province of China. This project will focus on utility-scale energy storage and integrated smart energy systems. The company said that the move is likely to aid in the global energy transition towards clean […] Read more
MNRE’s Plan To Boost Off-Grid Solar In Tribal Areas Gets Impetus Updated On Mon, Oct 21st, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has secured the sanction of the President for the implementation of its revised funding for the Solar Power Scheme (for tribal and PVTG Habitations/Villages) under PM JANMAN and Pradhan Mantri Janjatiya Unnat Gram Abhiyan (PM JUGA). This replaces the previous New Solar Power Scheme (for Particularly Vulnerable […] Read more
Gujarat Set To Build Its First Long Duration BESS Updated On Mon, Oct 21st, 2024 by Saurenergy Gujarat Urja Vikas Nigam Ltd (GUVNL), the state electricity regulatory body, has taken the first step to transition from a battery energy storage project to developing its first Long Duration Energy Storage System (LDES) in Gujarat. It has released a draft tender to select developers for an 800 MW (200 MW x 8 Hrs) battery […] Read more
Maharashtra: JSW Energy Signs Pact For 1200 MW Hybrid Projects Updated On Fri, Oct 18th, 2024 by Saurenergy JSW Renew Energy Six Limited and JSW Renew Energy Thirty Limited, stepdown subsidiaries of JSW Energy Limited have signed Power Purchase Agreements (“PPAs”) with Maharashtra State Electricity Distribution Company Ltd (“MSEDCL”) for STU-connected Solar-Wind Hybrid Capacity. The company has signed PPAs for two hybrid projects, each with a capacity of 600 MW, totalling 1,200 MW. […] Read more
