Renewable Energy Credits In Demand In US As Utility Seeks RFP For 570,000 Updated On Wed, Oct 18th, 2023 by Saurenergy Renewable Energy Credits (RECs), also termed Renewable Energy Certificates, in India are gaining wider currency in the US as utilities use them to fulfill green energy requirements for themselves and even customers in many cases. The latest is US utility FirstEnergy Ohio that has launched a request for proposal (RFP) to purchase 570,000 renewable energy […] Read more
NLC Introduces Renewable Energy Subsidiary- NIGEL Updated On Tue, Oct 17th, 2023 by Saurenergy Tamil Nadu-based NLC India Limited, a Navratna Central Public Sector has incorporated a wholly-owned subsidiary, NLC India Green Energy Limited (NIGEL). The arm has been established to commission renewable energy projects. NIGEL has set sights on executing renewable energy projects of a cumulative of 2 GW. These entail a 600 MW solar power project in […] Read more
Reliance New Energy Recruitment Updated On Mon, Oct 16th, 2023 by Saurenergy We have a 15-year vision to build Reliance as one of the world’s leading New Energy and New Materials company. The New Energy business based on the principle of Carbon Recycle and Circular Economy is a multi-trillion opportunity for India and the world. It is a also an opportunity to make clean and green energy […] Read more
Critical To bring Quality Standards Within The Solar Energy National Ecosystem Updated On Mon, Oct 16th, 2023 by Saurenergy India’s commitment to achieving net-zero status by 2070, along with its pursuit of a greener transition, underscores the critical significance of solar power within portfolio of renewable energy. In a nation where approximately 5 billion GWh of energy is incident per year, with many regions receiving between 4 to 7 kWh per square meter daily, […] Read more
Australia Set for Renewable Energy Hub with 1,200MW/2.4GWh BESS Updated On Fri, Oct 13th, 2023 by Saurenergy A new renewable energy centre is set to be established in Australia following the governmental approvals to the ‘Melbourne Renewable Energy Hub’ (MREH), the owner and developer of which is Singapore based renewables investor Equis. With the approval being received, a 1,200MW/2.4GWh two-hour duration battery energy storage system (BESS) will come up in Victoria. This […] Read more
GERC Allows Compensation To Juniper Energy For ‘Change Of Law’ Updated On Fri, Oct 13th, 2023 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC), in its latest judgement, allowed Juniper Green Sigma Pvt Ltd compensation for ‘change of law’ events. Juniper Green Sigma is a subsidiary of Juniper Green Energy. It has developed a 120-megawatt (MW) grid-connected solar plant in Gujarat to supply Gujarat Urja Vikas Nigam Limited (GUVNL). Juniper, in its petition before the […] 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
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
Growatt Showcases Full Range Of Smart Energy Solutions at REI 2023 Updated On Mon, Oct 9th, 2023 by Saurenergy Growatt, a leading distributed energy solution provider, showcased its comprehensive ‘solar, storage and EV charging’ solutions for residential, C&I, utility applications during the REI Expo 2023. According to the firm, the offerings were aligned with Indian market trends and customers’ needs. PV Inverters Growatt presented its smart string PV inverters with a wide range of […] Read more
