Brazil Crosses 14 GW Solar Capacity Mark Updated On Fri, Mar 4th, 2022 by Saurenergy The installed solar power capacity of Brazil has reached the 14 GW milestone. The announcement of the major achievement was made by ABSOLAR which is a domestic solar power association. Out of the 14 GW solar power presently installed in the South American country, distributed technology installations amount to 9.3 GW. The large-scale solar plants […] Read more
UPERC Faults Generator For Not Utilising Banked Power On Time, Allows It To Lapse Updated On Thu, Mar 3rd, 2022 by Saurenergy In a recent judgement, Uttar Pradesh Electricity Regulatory Commission (UPERC) has sought to clarify the issue of banking of power by generators in the state. Amrit Bottlers Private Limited set up a 10 MW solar plant in Uttar Pradesh, which was commissioned in October 2020. Out of the total 10 MW capacity, 6 MW was […] Read more
Renewable Energy to Power First Lithium Mines of North America Updated On Thu, Mar 3rd, 2022 by Saurenergy Canadian mining major Snow Lake Lithium which has plans to open the first lithium mine in North America in the near future says the mining will be done using renewable energy completely. As per Snow Lake Lithium, the lithium resource mining will start in the province of Manitoba in Canada in 2024 or 2025. The […] Read more
CERC nod for hydropower contracts in GTAM for HPO Compliance Updated On Mon, Feb 28th, 2022 by Saurenergy In a recent ruling, the Central Electricity Regulatory Commission (CERC) has granted approval to the Indian Energy Exchange Limited (IEX) to introduce hydropower contracts in Green Term-Ahead Market (GTAM) on its platform to facilitate the compliance of Hydropower Purchase Obligation (HPO) by obligated entities. The Ministry of Power (MoP) has set a target of 30000 […] Read more
Wind Repowering in India Waits for a Favourable Wind Updated On Mon, Feb 28th, 2022 by Saurenergy The benefits of solar and wind energy as clean alternatives to oil, coal and gas are well established globally. Though many countries started their solar journey early, India’s solar-energy build-up has been consistently gathering momentum over the last decade, with the last five years seeing a sharp spurt. The wind energy sector, on the other […] Read more
ReNew Power Q3 Results, Revenues jump 25% but losses mount too Updated On Mon, Feb 28th, 2022 by Saurenergy The Nasdaq listed ReNew Energy Global (ReNew Power) has announced its results for the Third Quarter (Q3 FY22) and Nine Months of Fiscal 2022, both ended December 31, 2021. Operating Highlights: The commissioned capacity of the Company increased by 1.1 GW during Q3 FY22 of which 0.8 GW was added organically. As of December 31, […] Read more
UK firm Granted £912,000 to use Gravity to Store Energy at Brownfield site Updated On Fri, Feb 25th, 2022 by Saurenergy The UK government’s Department for Business, Energy & Industrial Strategy (BEIS) has granted around £912,000 in funding to London-based Gravitricity, whose patented technology uses gravity to store energy, to enable the company to set up an energy storage project in Northern England. The ‘GraviSTORE’ project is one of the five successful projects chosen under the Longer Duration Energy Storage Demonstration Programme, Stream […] Read more
CERC Notifies Draft Regulations 2022 for Issuance of RECs Updated On Wed, Feb 23rd, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) has notified Draft Regulations, 2022, for the issuance of renewable energy certificates (RECs), which are aimed at developing the renewable power market. CERC has invited comments, suggestions, and objections from the relevant stakeholders and interested persons with respect to the Draft Regulations. The responses are to be sent on […] Read more
Siemens, Desert Technologies form ‘Capton Energy’ to develop solar projects Updated On Wed, Feb 23rd, 2022 by Saurenergy To provide a major boost to the ongoing energy transition, Saudi Arabia based solar power company Desert Technologies and Siemens have launched a joint venture (JV) called Capton Energy. The announcement has revealed that the novel joint venture will be jointly owned by financing arm of Siemens called Siemens Financial Services (SFS) and the Saudi Arabian company. […] Read more
