Utility Scale Solar Takes Biggest Hit in 2022 In US as 20.2 GW Fresh Capacity Added Updated On Fri, Mar 10th, 2023 by Saurenergy A report from the developer led industry body Solar Energy Industries Association and WoodMac says that the United States added 20.2 gigawatts (GW) of new solar capacity in 2022, a 16% decrease from 2021. This was due in large part to an investigation into new anti-circumvention tariffs by the U.S. Department of Commerce, as well […] Read more
Startup on Smart Grid Applications Probus Smart Things Raises $3 Mn Updated On Thu, Mar 9th, 2023 by Saurenergy Probus Smart Things, a startup on IoT communications and data analytics focused on smart grid applications has raised $3 million. Unicorn India Ventures and Family Office from the US lent support to the startup to raise this amount. The round also saw participation from existing investors. Unicorn India Ventures is a Mumbai-based early stage fund […] Read more
“What is important is the intent; Capability can be built”, Shilpa Urhekar, Sterling & Wilson Renewable Energy Updated On Tue, Mar 7th, 2023 by Saurenergy Shilpa Urhekar is one of those rare professionals in the solar sector who have seen the sector evolve from its tentative origins, when a MW-sized project was a milestone, to the current shift, when GW-sized ambitions are at par for the course. The former Indian Air Force squadron leader has been involved with establishing module […] Read more
Oracle Power & China’s CET Sign MoU to Set Up Renewable Projects With Battery Storage in Pakistan Updated On Tue, Mar 7th, 2023 by Saurenergy Pakistan-based power project developer Oracle Power has signed a memorandum of understanding with China Electric Power and Technology (CET)- a wholly-owned subsidiary of State Grid Corporation of China. They will explore the development, financing, construction, operation as well as maintainence of a green hydrogen project to be set up in Pakistan. The said project will […] Read more
As Inverters Become ‘Smart’ Customers Follow Suit Updated On Mon, Mar 6th, 2023 by Saurenergy Solar inverters, with a share of 3-7% of project cost typically, have always played a far more critical role than the share of costs would imply. As the ‘brains’ behind the plant, the role of the inverter in converting power generated with the highest possible efficiency, in the safest way possible, has been critical for […] Read more
RGO For Coal Plants. Will It Have A Significant Impact On Renewable Capacities? Updated On Mon, Mar 6th, 2023 by Saurenergy The Ministry of Power, has finally notified the Renewable Generation Obligations (RGO)for Coal and lignite based plants. These new conditions are expected to mitigate the impact of additional thermal capacities India still plans, to support demand growth for electricity across the country. As the notice says, any plant starting operations after April 1, 2023, will […] Read more
RWE Acquires JBM Solar to Diversify Portfolio in United Kingdom Updated On Fri, Mar 3rd, 2023 by Saurenergy UK-based renewable energy developer RWE has announced the acquisition of JBM Solar with an ambition to significantly expand its solar and battery capabilities. JBM Solar is a sizable independent developer of solar and battery storage systems. With the acquisition of JBM Solar, RWE takes over a mature pipeline with a combined capacity of around 6.1 […] Read more
Ramkrishna Forgings to Spend Rs 35 Cr for 7.82 MW Rooftop Solar Updated On Fri, Mar 3rd, 2023 by Saurenergy As industries rush towards decarbonisation through employment renewable energy, Ramkrishna Forgings Limited plans has said that it will install a 7.82 MW rooftop solar power system at forging plants. The rooftop solar will come up in Sariekella and Dugni plants in Jamshedpur. The total investment in the solar installation will come to Rs 35 crore. […] Read more
Lightsource bp Secures Approval to Build 1.6 GW Solar Project in Spain Updated On Thu, Mar 2nd, 2023 by Saurenergy Global renewable energy conglomerate Lightsource bp – a joint venture between Lightsource and British Petroleum – has held that its route for the development of solar energy projects of multi-GW stands cleared in Spain. In a key development, Lightsource bp has received the environmental go-ahead for 19 solar power projects having total cumulative capacity of […] Read more