AMPIN Energy, Sumitomo Collaborate To Boost RE In India Updated On Fri, Sep 13th, 2024 by Saurenergy Sumitomo Corporation has established AMPIN C&I Power Private Limited, in cooperation with AMPIN Energy Transition Private Limited. The joint venture (JV) will be owned 51% by AMPIN and 49% by Sumitomo. The allocated funds will be used for the development, construction, and operation of State Transmission Utility (STU) connected projects providing renewable energy to Commercial […] Read more
APERC Releases Draft To Streamline Deviation Settlement Mechanism Updated On Thu, Sep 12th, 2024 by Saurenergy The Andhra Pradesh Electricity Regulatory Commission (APERC) recently released a draft notification to incentivize consumers to amend their electricity consumption patterns. This draft aims to reform both the timing and level of electricity demand to help consumers use electricity more efficiently. “Andhra Pradesh State Electricity Regulatory Commission (Demand Side Management) Regulation, 2024”, aims to manage […] Read more
Global RTS Achieves 15% Growth In 10Yrs, Hits 105 GW: CEEW Updated On Thu, Sep 12th, 2024 by Saurenergy The global transition to solar photovoltaic (PV) technologies, particularly distributed solar or rooftop solar (RTS), is playing a pivotal role in helping economies like India, China, the US, Japan, and Australia meet their net-zero targets. A recent study by CEEW, “Global Perspectives on Rooftop Solar Energy A Deep Dive on How Leading Economies Advance Rooftop […] Read more
GUVNL Deserves Carbon Credit Share From RE Project: GERC Updated On Thu, Sep 12th, 2024 by Saurenergy In an interesting case, the Gujarat Electricity Regulatory Commission (GERC) has ruled that wind energy generators must share the benefits of carbon credits with power distribution companies, regardless of the platform used. The order was passed in a case where the Power Purchase Agreement (PPA) was executed under a generic tariff arrangement. The case emerged […] Read more
candi solar Aims To Touch 200 MW Capacity In India By FY25: Nishant Sood Updated On Mon, Sep 9th, 2024 by Saurenergy How a solar company from Switzerland planned to invest in India? The main purpose of candi solar our company was to provide access to solar energy to industries, commercial entities, and any business entity that otherwise couldn’t access it. When we began our operations in India, around six years ago, PPA contracts were complex—70 pages […] Read more
SolarX Startup Challenge 2024: ISA Enlists 10 Winners From India Updated On Mon, Sep 9th, 2024 by Saurenergy The International Solar Alliance (ISA) has now announced the winners of the SolarX Startup Challenge 2024: APAC edition during the International Solar Festival held at the Bharat Mandapam in New Delhi. Among the enlisted winners, 10 companies are from India. The SolarX Startup Challenge 2024: APAC saw a strong response, with over 270 solar entrepreneurs […] Read more
The Rise Of BESS: The ‘Age of Batteries’ Draws Closer Updated On Fri, Sep 6th, 2024 by Saurenergy BESS (Battery Energy Storage System) technology has emerged as a key product for transforming as well as storing, distributing the excess green electricity for later use and for reducing the emissions of CO2. According to the International Energy Agency (IEA), World Energy Outlook 2024 Report, in 2023 battery storage in the power sector was the […] Read more
India Can Export 8.6cr Electric Two Wheelers By 2047: RMI Updated On Thu, Sep 5th, 2024 by Saurenergy In its recent report, RMI highlighted that in 2023, over 15 lakh electric vehicles (EVs) were registered in India. To achieve energy independence it advocated for India to adopt 100% clean fuel vehicle sales in all vehicle segments by 2043. RMI recently released its report, “India at 2047: A Vision for Energy Independence in the […] Read more
For Net Zero India Needs 494 GWs Of Solar & Wind Capacity By 2030: Bloomberg NEF Updated On Thu, Sep 5th, 2024 by Saurenergy The New Energy Outlook report released by Bloomberg NEF at its Indian event says India needs more than 4 terawatts of wind and solar capacity installation by 2050 for the Net Zero Scenario. Power demand is projected to grow six fold during the period. Moreover, the report also calls for over $12 trillion investment and […] Read more
