SOFAR Storage Solutions Seeks To Repeat Success In European C&I Market Updated On Thu, Oct 12th, 2023 by Saurenergy SOFAR, a global leading provider of all-scenario PV & ESS solutions, marked presence at the BNEF London Summit. Together with Nelson Nsitem, energy storage analyst from BNEF, both parties jointly held the roundtable “Exploring Possibilities and Overcoming Barriers: C&I Energy Storage in Europe” where industry experts exchange perspectives on C&I energy storage in Europe. SOFAR, […] Read more
India Requires $350-400bn For Its Clean Energy Ambitions: Report Updated On Thu, Oct 12th, 2023 by Saurenergy A latest KPMG report said India would require around USD 350-400 billion annually by 2047 for its clean energy ambitions. The report was released recently under the presence of Union Minister Hardeep Singh Puri in New Delhi. The report said the need for high-speed and large-scale energy transition offered investment opportunities. It said climate change […] Read more
Finnish Energy Tech Firm Capalo AI Raises Pre-Seed Funding Worth €500,000 Updated On Wed, Oct 11th, 2023 by Saurenergy Finnish energy tech startup Capalo AI has raised €500,000 in pre-seed funding. The funding round was led by Innovestor Tech Fund, with Inventure also participating. Capalo AI will use the funding to further develop its virtual power plant (VPP) and multi-market optimization AI, as well as scale up its team with talented mathematicians and cloud service professionals. With the […] Read more
RE Generators Selling Power At Power Exchanges Can Issue REC: CERC Updated On Wed, Oct 11th, 2023 by Saurenergy In its latest order, the Central Electricity Regulatory Commission (CERC) clarified that renewable energy generators are entitled to Renewable Energy Certificates (REC) if they sell their power under the conventional market contracts of power exchanges. The order came to the fore after Indian Energy Exchange Limited (IEX) moved the Commission seeking approval for the changes made […] Read more
Advertising, Brand Ambassadors, And Celebrities Emerge As the ABC Of Solar Marketing Updated On Wed, Oct 11th, 2023 by Saurenergy Advertising, Brand Ambassadors, And Celebrities Emerge As the ABC Of Solar Marketing As India’s domestic solar manufacturing ramps up from an estimated 38 GW currently to over 100 GW by 2026, firms have realised the limits of doing business as usual. Counting on large government-backed projects, with exports as the icing on the cake when […] Read more
EU Augments Overall Energy Consumption Target to 42.5% by 2030 Updated On Tue, Oct 10th, 2023 by Saurenergy The European Council recently adopted the new Renewables Energy Directive that will raise the share of renewable energy in the EU’s overall energy consumption to 42.5% by 2030 with an additional 2.5% indicative top up to allow the target of 45%. The directive has been formally adopted. Member states will have 18 months after the […] Read more
JSW Forges Partnership with Confirmware for 1.3 GW Turnkey PV Module Line Updated On Tue, Oct 10th, 2023 by Saurenergy Confirmware, a solar module manufacturing equipment provider, has recently signed a contract with JSW, one of India’s largest conglomerates. This collaboration involves the installation of a massive 1.3 GW turnkey module line. This state-of-the-art manufacturing line will equip JSW with the capacity to produce high-quality solar modules at an unprecedented scale complemented by Confirmware’s cutting-edge […] Read more
Govt Plans Imposing 10% RE Generation Obligation (RGO) For Coal Plants Updated On Mon, Oct 9th, 2023 by Saurenergy The Ministry of Power has been mulling to impose up to 10 percent Renewable Generation Obligation (RGO) for the new and old coal-fired thermal power plants and lignite plants in the country. It has put forth a new draft notification proposing the plan. It has asked the stakeholders to submit their feedback within 15 days. The new […] Read more
Genex Lands Solar Plus Storage Deal of 337.5 MW with Fortescue Updated On Mon, Oct 9th, 2023 by Saurenergy Genex Power, which develops projects for renewable energy generation and storage across Australia, will be developing a 2 GW multi-stage Bulli Creek solar and battery project in Queensland. The Australian firm has joined hands with the green energy arm of Fortescue Metals Group for the project for a period of 25 years. The Bulli Creek […] Read more
