With IRA Boost, Energy Storage Demand Likely To Surge Six-Fold: SEIA Updated On Mon, Nov 20th, 2023 by Saurenergy The Solar Energy Industry Association (SEIA) has released a report stating that over the next one decade, lithium-ion battery would witness a surge in global demand due to the unprecedented investment in solar. This was attributed to the production incentives bolstered through the Inflation Reduction Act (IRA) in the United States (US). SEIA’s report titled, […] Read more
MERC Increases Net-Metering Benefits For Rooftop Consumer Upto 5MW Updated On Mon, Nov 20th, 2023 by Saurenergy In its latest notification, the Maharashtra Electricity Regulatory Commission (MERC) allowed net-metering benefits for solar rooftop consumers up to 5 MW in Maharashtra. The state commission brought these changes with an amendment to the existing solar rooftop regulation of 2019. The notification amended several provisions of the MERC (Grid Interactive Rooftop Renewable Energy Generating Systems) […] Read more
Top 5 Reasons Why India’s Power Demand Exceeded Projections Updated On Mon, Nov 20th, 2023 by Saurenergy India’s power demand has been rising steadily. The country’s higher than anticipated peak demand has been in the news, with peak demand touching a lifetime high of 223 GW in June 2023 when peak deficit touched 0.17 percent. As per the Load Generation Balance Report (LGBR) released by the Central Electricity Authority, the peak demand […] Read more
UK, German Moves To Support Offshore Wind Point To Challenges Ahead Updated On Fri, Nov 17th, 2023 by Saurenergy Ørsted’s Travails World’s biggest offshore wind energy developer- Danish firm Ørsted on November 1 this year announced ceasing developing two of its proposed offshore wind projects in the United States (US) at the cost of around £3bn in penalties. These projects were slated to come up at New Jersey off the US coast. They had […] Read more
Australia’s Hydrogen & Renewable Energy Act 2023 Sees Light of Day Updated On Fri, Nov 17th, 2023 by Saurenergy Both the houses of the South Australian Parliament have cleared the Hydrogen and Renewable Energy Act 2023. Some areas of the state will benefit from the Act with respect to the generation of hydrogen and renewable energy. The legislative framework of Hydrogen and Renewable Energy Act 2023 looks to introduce a ‘one window to government’ […] Read more
RECPDCL Issues Request for Proposal For 1 GW Renewable Energy Updated On Fri, Nov 17th, 2023 by Saurenergy REC Power Development & Consultancy Limited has issued a Request for Proposal for the selection a transmission service provider through tariff based competitive bidding process to establish Inter-State Transmission system for transmission system for evacuation of power from renewable energy projects for 1000 MW in Rajgarh SEZ in Madhya Pradesh-Phase II. The last day to […] Read more
UK Supports Slumping Offshore Wind Sector With 66% Hike In Auction Prices Updated On Fri, Nov 17th, 2023 by Saurenergy The UK, which has been one of the largest offshore wind markets until now, has moved to limit the damage and recover lost ground after a series of offshore wind projects were threatened or cancelled. The projects in the UK, and other regions, notably the US, were all cancelled due to rising costs and maintainance […] Read more
SJVN Green Energy Ltd Signs PPA with SECI for 200 MW Wind Project Updated On Fri, Nov 17th, 2023 by Saurenergy SJVN Green Energy Limited (SGEL) has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI) for 200 MW wind project connected to the grid. SGEL had participated in the tariff based competitive bidding process conducted by SECI for selection of wind power developers for setting up 1,200 MW grid connected […] Read more
Suzlon Gets RLMM Enlisting for S144 – 3 MW Turbine Series Updated On Thu, Nov 16th, 2023 by Saurenergy Indian wind turbine manufacturer Suzlon has received the RLMM (Revised List of Models & Manufacturers) Listing from MNRE (Ministry of New and Renewable Energy) listing of its S144 – 3 MW series of wind turbines. This will enable the firm to pave the way for the successful commercialization of the product. Suzlon has already installed […] Read more
