Better Solar Technology Covers Up For Wind Issues In Hybrid Projects For Adani Green Updated On Wed, Aug 9th, 2023 by Saurenergy Adani Green Energy Limited (AGEL), in its latest financial results for Q1 of FY24, reported a decline in Capacity Utilisation Factor (CUF) for its wind portfolio. It attributed its lower CUF to the Biporjoy cyclone in Gujarat and lower wind speeds in the state. However, the latest investors call of the company to discuss the […] Read more
Mahindra Susten Signs PPA with GUVNL at INR 2.7250 INR / KWh for 200 MW Solar Project Updated On Wed, Aug 9th, 2023 by Saurenergy Mahindra Susten has entered into a Power Purchase Agreement (PPA) with GUVNL (Gujarat Urja Vikas Nigam Limited). The tender was issued by GUVNL for 500 MW Phase XIX ISTS project, while Mahindra Susten won project size of 100 MW with 100 MW greenshoe capacity. The total capacity won by the firm is 200 MW. The […] Read more
NTPC REL Wins RUMSL’s 80 MW Floating Solar Project Updated On Wed, Aug 9th, 2023 by Saurenergy NTPC Renewable Energy Limited, a subsidiary firm of energy conglomerate NTPC, has emerged successful in bidding for a 80 MW floating solar project at Khandwa, Madhya Pradesh. The tariff at which the firm won the tender floated by RUMSL (Rewa Ultra Mega Solar Limited) is an impressive INR 3.80 kWh. RUMSL is joint venture between […] Read more
Indian Register of Shipping & MPUVNL Partner for Completion of Solar Electric Boats Projects Updated On Tue, Aug 8th, 2023 by Saurenergy The Indian Register of Shipping (IRS) and MPUVNL (Madhya Pradesh Urja Vikas Nigam Ltd)- a firm owned by the Government of Madhya Pradesh and delves into the execution of renewable energy programs, have joined hands for the classification and certification of solar-electric boats. The partnership between IRS and MPUVNL will pave the way for the […] Read more
Jharkhand Seeks Empanelment of Solar Hot Water System Providers Updated On Mon, Aug 7th, 2023 by Saurenergy Jharkhand Seeks Empanelment of Solar Hot Water System Providers The Jharkhand Renewable Energy Development Agency (JREDA) has sought bids from prospective developers for solar hot water systems. The tender said that the bidders would also have to take care of the maintenance of the systems for the first five years post-commissioning. The tender document sought bids for […] Read more
What’s Wrong With Mexico’s Solar Plans? Updated On Mon, Aug 7th, 2023 by Saurenergy Mexico, situated in one of the sunniest parts of the world with a strong manufacturing base and growing energy demand should have been among the leaders in the transition to renewable energy. However, the country has underperformed massively, perhaps even flowing under the radar of more intense global attention, as it pays lip service to […] Read more
Tongwei Becomes First Chinese PV Maker in Fortune 500 List Updated On Mon, Aug 7th, 2023 by Saurenergy China’s Tongwei Group, a powerhouse in the solar manufacturing space made its debut on the Fortune 500 list of 2023 with a revenue of CNY 2148.82 billion and ranked 476th, becoming the first photovoltaic company in the world to enter the Fortune Global 500. At the same time, Tongwei Group ranked 34th on the Return on […] Read more
Swiss Storage Firm Energy Vault Commissions First Gravity Energy Storage System In China Updated On Wed, Aug 2nd, 2023 by Saurenergy The world’s first grid-scale EVx™ gravity energy storage system (GESS) has entered the first phases of commissioning. Energy Vault Holdings, a firm that delves in sustainable, grid-scale energy storage solutions, has announced the commissioning of the project, along with its partners Atlas Renewable and China Tianying (CNTY). Located outside of Shanghai in Rudong, Jiangsu Province, […] Read more
SaurEnergy Explains IRA: The Act That Kickstarted a Solar Manufacturing Rush in the US Updated On Tue, Aug 1st, 2023 by Saurenergy On August 7, 2022, the US Senate approved a Bill titled the Inflation Reduction Act (IRA) 2022 after a series of discussions and debates between the Democrats and Republicans. The most interesting aspect of the bill was its focus on clean energy incentives. The bill was also hailed as a crucial piece of climate legislation […] Read more