USA’s Utility-Scale Renewables Generated More Electricity Than Coal On 169 Days Updated On Thu, Jan 19th, 2023 by Saurenergy As per a report by Institute for energy Economics and Financial Analysis, USA’s clean energy transition received major impetus in 2022. The report highlights that the US clean energy transition is witnessing an upward trend and has made major progress since 2019. The report has highlighted three major trends in renewables for US electricity generation. […] Read more
Will A New Solar Policy Power Up Uttar Pradesh? Updated On Thu, Dec 22nd, 2022 by Saurenergy The Uttar Pradesh Government has come up with a new ‘Uttar Pradesh Solar Energy Policy 2022’ that aims to add 22-GW of solar power in the coming five years. It looks to attract an investment of Rs 40,000 cr in the solar sector in particular. The state wants to tap 14,000 MW through solar parks, […] Read more
Solar Roofs: Countering Ecological Concerns of Installing Solar Farms in India? Updated On Thu, Nov 17th, 2022 by Saurenergy When one speaks of solar rooftops, generally an image of solar panels on private residences or small commercial buildings comes to mind. However, solar roofs are increasingly becoming a crucial source of generating renewable rooftop solar power worldwide. In addition to its solar rooftop installations on individual residences, India also needs to realise the potential […] Read more
Agro-PV: Gauging India’s Agrivoltaics Potential Updated On Sat, Sep 17th, 2022 by Saurenergy According to the 2011 national census, agricultural and related sector activities employ 54.6% of the total workforce and contribute to 17.8% of the nation’s Gross Value Added (GVA). These stats show that despite the digital transformation that has taken place in the country, India is fundamentally an agrarian economy. Under its Mission 500GW, India has […] Read more
Dramatic Solar Capacity Rise Across Asia; India’s Sprint Towards 2030 Goal Updated On Wed, Sep 7th, 2022 by Saurenergy As per US electricity think tank Ember, solar power is expected to experience exponential growth across five of Asia’s biggest economies, positioning the region to become a global hub of solar power. Ember made the revelation after an analysis of existing national power sector development plans across China, Japan, Indonesia, India and the Philippines. Findings […] Read more
US-Based Arevon Secures $400M Green Loan for Solar, Storage Portfolio Updated On Tue, Sep 6th, 2022 by Saurenergy To finance the development of a 6 gigawatt (GW) pipeline of solar and storage projects in the Midwest, Southeast, and California, Arevon Energy, a US based renewable energy leader, has obtained a $400 million green loan fund credit facility from the Canadian Imperial Bank of Commerce (CIBC) and KeyBank N.A. The timing of this fundraising […] Read more
Norway’s Norfund Commits Investment In Solar Energy Project in Rajasthan Updated On Tue, Aug 23rd, 2022 by Saurenergy The Norwegian Climate Investment Fund has said that it has entered into an agreement to take a 49% stake in a 420 MW solar power plant in Rajasthan, India, that is developed by Italy-based energy provider, Enel. With the investment, Norfund has within a short time put a total of NOK 1.8 billion to work […] Read more
August ALMM Brings 4 GW Fresh Capacity Along with 8 New Manufacturers Updated On Tue, Aug 23rd, 2022 by Saurenergy The ALMM (Approved List of Module Manufacturers) list for Indian domestic manufacturers has been updated by the ministry of new and renewable energy. The latest update lists 66 companies in total, including 8 new module manufacturers with a cumulative capacity of 3,976 MW. Overall capacity has risen to just over 18 GW now. Rajasthan Electronics […] Read more
India Added 1.9GW Of RE Open Access Capacity In FY22 Updated On Thu, Aug 18th, 2022 by Saurenergy The falling costs of renewable energy and the decarbonisation goals of commercial and industrial consumers are driving the uptake of renewable energy open access power. The renewable energy open access (OA) market, which has been expanding in almost all key renewables-rich states in recent years, will continue to overcome policy hurdles to grow organically in […] Read more