German 400 MW Solar Plus Storage Tender Sees Oversubscription Updated On Tue, Oct 3rd, 2023 by Saurenergy Germany has concluded its latest round of the 400 MW solar tender that comes with storage. The Federal Network Agency shortlisted 408 MW worth of projects. Interestingly, this round of the innovation tender attracted unprecedented interest from the bidders. The round saw a total of 53 bids with a cumulative capacity of 779 MW. Of […] Read more
Mordor Intelligence Pegs 6.97% CAGR in 2023-28 for Distributed Solar Power Generation Updated On Tue, Oct 3rd, 2023 by Saurenergy A report release by Mordor Intelligence on distributed solar power generation market size forecasts that the market is expected to grow from USD 139.96 billion in 2023 to USD 196.03 billion. It is estimated that this growth is to be attained by 2028, at a CAGR of 6.97% during the forecast period (2023-2028). The report […] Read more
Employment in Renewables Rose to 13.7 Mn in 2022, Solar Largest Employer: ILO Updated On Fri, Sep 29th, 2023 by Saurenergy The ILO, in a joint initiative with the the International Renewable Energy Agency (IRENA) has released the tenth edition of Renewable Energy and Jobs: Annual Review 2023. The report explores the connection between renewable energy which is attracting increasing investment, and leading to job creation among countries. Surge in Employment in Renewable Energy The report […] Read more
Sterling and Wilson Renewable Bags Third Order from NTPC REL at Khavda Updated On Fri, Sep 29th, 2023 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWRE) has announced that it has received the Notification of Award for the EPC project of 300 MWac of NTPC Renewable Energy Limited (NTPC REL) at Khavda RE Power Park, Rann of Kutch, Gujarat. The total contract price, including O&M for three years, would be INR 1,535 crore (inclusive […] Read more
Canada’s Brookfield Asset Management Adds $845 Mn for JV with Axis Energy Updated On Fri, Sep 29th, 2023 by Saurenergy Canadian investor in renewable energy, Brookfield Asset Management has announced a second joint venture with Telangana-headquartered clean energy firm, Axis Energy Ventures. Brookfield Asset Management will invest worth $845 million in solar and wind energy projects of the Indian firm. The investment is being made from the Brookfield Global Transition Fund II to accelerate countrywide […] Read more
Solar Refrigeration Enabled By Carbon Credits In Nigeria Updated On Fri, Sep 29th, 2023 by Saurenergy CarbonClear, a pioneering data-driven carbon credit standard, has announced a strategic partnership with Koolboks, a Nigerian company specializing in the design and manufacturing of solar-powered refrigerators. These innovative refrigeration units are engineered to be portable, robust, and energy-efficient, making them an ideal solution for regions with limited or unreliable access to electricity. They are particularly […] Read more
Offshore Wind Developers To Get Seabed Area On Lease For Five Years Updated On Thu, Sep 28th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued norms for the tenders for allocating seabed to develop offshore wind projects. It comes when the ministry has proposed to hold bids for the allocation of offshore wind sites off the coast of Tamil Nadu. As per the norms, the National Institute of Wind Energy […] Read more
KP Energy Bags 464.10 MW BoS Package for Wind Energy Project from NTPC REL Updated On Thu, Sep 28th, 2023 by Saurenergy KP Energy Limited has been awarded a contract through the Notification of Award (NOA) for the development of a 464.10 MW Balance of System package for an Inter-State Transmission System (ISTS) connected wind energy project to be developed in the state of Gujarat. The contract has been awarded by NTPC Renewable Energy Limited (NTPC REL) […] Read more
Amara Raja Batteries Limited Is Now Amara Raja Energy & Mobility Limited Updated On Thu, Sep 28th, 2023 by Saurenergy Two years ago, Amara Raja Batteries Limited (ARBL), which delves in industrial and automotive battery sector (listed as BSE: 500008 and NSE Code: AMARAJABAT), announced to direct its focus beyond batteries and address the larger energy and mobility space. The firm has now capped off the journey with the official name change to Amara Raja […] Read more
