Confirmed. Renew Power Sells Rooftop Portfolio To Fourth Partner For Rs 672 crores Updated On Thu, Jan 27th, 2022 by Saurenergy ReNew Power, has confirmed the news of the selloff of its distributed rooftop portfolio. The news had been doing the rounds since last week, including on Saur energy. The firm today announced that it has sold 117 MW/138 MWp of its distributed rooftop solar portfolio to Fourth Partner Energy, one of India’s leading rooftop solar energy […] Read more
Fluence Commissions 20 MWh BESS In Philippines Updated On Thu, Jan 27th, 2022 by Saurenergy US storage major Fluence has started commercial operations at the first project of its storage projects totaling 470 MW/470 MWh for power firm SMC Global Power Holdings (SMCGPH) in the Philippines. The battery will provide ancillary services to the power grid. Located in Kabankalan in the Philippines’ Negros Occidental region, the Battery Energy Storage System […] Read more
CEEW-NRDC-SCGJ Study Highlights 1 Million Jobs Potential For RE Sector In India Updated On Thu, Jan 27th, 2022 by Saurenergy India’s renewable energy sector could potentially employ around one million people by 2030, which would be ten times more than the existing workforce of an estimated 1.1 lakh (110,000) employed by the sector, according to an independent study released today by the Council on Energy, Environment and Water (CEEW), Natural Resources Defense Council (NRDC) and […] Read more
China Now A Superpower In Offshore Wind Too, With Highest Installs In 2021 Updated On Thu, Jan 27th, 2022 by Saurenergy Offshore Wind, one of the last renewable energy bastions where European manufacturers and countries still dominated, has finally seen China arrive in style in 2021. Figures shared across multiple sources including the National Energy Administration of China place China’s offshore wind capacity additions in 2021 at 17 GW. That figure takes total offshore wind capacity […] Read more
Sungrow Tops ESG Rankings in China Updated On Thu, Jan 27th, 2022 by Saurenergy Inverter major Sungrow has announced that the Company ranked first in the 2021 China Top 500 ESG Companies list released jointly by the well-known organization Sina Finance ESG Rating Center and CCTV-1 “Brand of Great Power” program. A strong ESG rating and ranking is increasingly helping firms benefit with a stronger brand perception and access […] Read more
IEX’s Growth Momentum Continues in Q3 With 37% Volume Growth Updated On Tue, Jan 25th, 2022 by Saurenergy The Indian Energy Exchange (IEX) has reported yet another strong quarter of operating results, growing both volumes and profitability. The firm, at the vanguard of the Indian energy trading market, that is expected to see high growth and innovations in the coming years, seems to be doing a very good job of its situation currently, […] Read more
RenewSys Takes Solar Encapsulant Capacity to 3GW Updated On Tue, Jan 25th, 2022 by Saurenergy Mumbai-based RenewSys India has commissioned a new encapsulant (EVA & POE) line this month, taking the company’s total encapsulant manufacturing output to 3 GW, according to a recent press statement. The addition of yet another GW of encapsulant production capacity has also begun, which will ramp up the total capacity to 4 GW, the statement adds. […] Read more
Industry Welcomes Govt Move To Simplify Rooftop Solar Installation Updated On Tue, Jan 25th, 2022 by Saurenergy Last Friday’s (Jan 21) announcement by the Power ministry on rooftop solar guidelines and implementation have been welcomed by industry. While this is by no means unexpected, considering how the new guidelines seek to push more discretion in the hands of the buyer and pushes for faster response from operating and regulating agencies, it remains […] Read more
Agrivoltaics Make Their Case For India Updated On Tue, Jan 25th, 2022 by Saurenergy It is a truism that no change is really big enough to matter, unless it impacts the agricultural sector in India. After all, even after 2021, the Agriculture and allied sectors account for over 50% of our workforce, and contribute a substantial 18% to the country’s GDP. With the highest amount of arable land in […] Read more