Funding New Thermal Power Plants May Create Stranded Assets: IEEFA Report Updated On Wed, Jun 28th, 2023 by Saurenergy A latest report by the Institute for Energy Efficiency and Financial Analysis (IEEFA) claimed that new investments in thermal power plants could potentially lead to new stranded assets. The report said it is due to the economic benefits of renewable energy. The report titled ‘Cleaning up the last pile of India’s power sector Non-Performing Assets (NPAs)’ discusses […] Read more
World Bank Approves $200 Mn Loan to Himachal for RE Sector Reforms Updated On Wed, Jun 28th, 2023 by Saurenergy World Bank’s Board of Executive Directors has approved a $200 million loan for the Government of Himachal Pradesh to support power sector reforms in the state and increase the share of Renewable Energy (RE) in its electricity generation. The loan aligns with Himachal Pradesh’s objective of adding 10 GW of additional RE capacity to make […] Read more
Site Engineer-Project Construction & Commissioning (Floating Solar PV) Updated On Wed, Jun 28th, 2023 by Saurenergy Responsibilities:- Plan, schedule, predict and manage all the technical tasks of the assigned project to assure accuracy, proper resources and quality from start to finish. Checking technical designs and drawings to ensure that they are followed correctly. managing parts of construction projects. Undertaking surveys Update relevant stakeholders or team members on the project performances Performing […] Read more
Meghmani Finechem Commissions 18.34 MW Hybrid RE Plant Through SPV ReNew Green Updated On Wed, Jun 28th, 2023 by Saurenergy Meghmani Finechem Limited (MFL), which delves into agrochemical products, has successfully commissioned a wind-solar hybrid power plant of 18.34 MW in Gujarat. The hybrid plant has been commissioned through its Special Purpose Vehicle (SPV) ReNew Green (GJS Three) Private Limited. The power flow has begun, it added. The Indian government has set sights on curbing […] Read more
NREL Study Forecasts Significant Decline in BESS Costs by 2030 Updated On Wed, Jun 28th, 2023 by Saurenergy The long-term lithium-ion battery energy storage system (BESS) costs could halve over this decade, as per the “Cost Projections for Utility-Scale Battery Storage: 2023 Update” report by US National Renewable Energy Laboratory (NREL). The report forecasts the future capital expenditure (capex) costs of Battery Energy Storage Systems (BESS) from 2022 to 2050. It specifically focuses […] Read more
Ethiopia & China Establish Joint Research Centre to Spur RE Development in Ethiopia Updated On Tue, Jun 27th, 2023 by Saurenergy China and Ethiopia have launched a joint research and extension centre supported by the United Nations Development Programme (UNDP) to fast-track renewable energy development in Ethiopia, a country situated in the Horn of Africa. The Joint Research and Extension Center is expected to serve as a research, training and demonstration platform to enhance the capacity […] Read more
Tata Power Issues Tender for 225 MW Solar-Wind Hybrid Projects Updated On Tue, Jun 27th, 2023 by Saurenergy Tata Power Company Limited has issued a tender for the supply of 225 MW wind-solar hybrid power. This will be on long term basis via competitive bidding. The selected bidder will be responsible for the development and procurement of 225 MW grid connected intrastate and interstate wind-solar hybrid power projects with a greenshoe option of […] Read more
Europe’s Nuclear Regret: Sweden Moves To Redress The Nuclear Exit Updated On Tue, Jun 27th, 2023 by Saurenergy Sweden, over four decades after deciding to phase out nuclear power, is now considering the construction of additional nuclear reactors. This shift comes as the country’s parliament officially abandoned its goal of achieving 100 per cent renewable energy to reach net-zero emissions by 2045. Sweden recently revised its net-zero targets to focus on achieving 100 […] Read more
Solar PV Inverter Firm GoodWe Showcases Offerings at Customer Meet in Lucknow Updated On Mon, Jun 26th, 2023 by Saurenergy A manufacturer and innovator of solar inverters, energy storage solutions and PV building materials for residential and business markets, GoodWe has chosen a new destination for its ongoing customer meet- ‘The City of Nawabs’ – Lucknow. The event was supported by Evervolt Green Energy Pvt Ltd. RE Targets for Lucknow Lucknow is actively embracing renewable […] Read more