UK’s First-Ever Bankable, Unsubsidized Solar & Storage Project in the Offing Updated On Wed, Jul 12th, 2023 by Saurenergy DIF Capital Partners, a global independent fund manager and Pexapark, an advisory firm specializing in renewable energy, have now partnered to make UK’s first-ever bankable and unsubsidized solar and storage project. A Power Purchase Agreement (PPA) for ten years in this regard has already been signed. As per the mandate, the two firms would help […] Read more
Mercedes To Integrate With Tesla’s North American Charging Standard System Updated On Tue, Jul 11th, 2023 by Saurenergy Mercedes-Benz has revealed its plans to integrate Tesla’s North American Charging Standard (NACS) system into its electric vehicles (EVs) in North America, beginning in 2025. As a first step, the company will introduce an adaptor in 2024, enabling its existing Combined Charging System (CCS) EVs to charge on the NACS network. This integration will grant […] Read more
Queensland Government Unveils Ambitious Plan to Establish 12 Renewable Energy Zones Updated On Tue, Jul 11th, 2023 by Saurenergy The Queensland government announced its initiative to create 12 renewable energy zones (REZs) across the state, as part of a comprehensive $62 billion plan. The goal is to phase out coal power and transition to 80 percent renewable energy within a little over a decade. Recently, the Labor Palaszczuk government released a draft roadmap, Queensland […] Read more
KERC Proposes Extra Banking Charges Against Peak Time Power Withdrawal Updated On Tue, Jul 11th, 2023 by Saurenergy In its latest discussion paper, the Karnataka Electricity Regulatory Commission (KERC) has offered more details relating to imposing an additional banking charge of two percent when the net power withdrawal is made during peak hours under the open access system. The proposal has been put forward for dealing with energy banking and its subsequent withdrawal, injection, […] Read more
Chinese Firms Doubled Their Investments In Critical Minerals: IEA Report Updated On Tue, Jul 11th, 2023 by Saurenergy A latest report by the International Energy Agency (IEA) claimed that companies in China doubled their investments in critical minerals in 2022. The report, released today, talked about the global landscape of demand and supply of critical minerals like Lithium, Cobalt and Nickel, among others. In its maiden report on the issue, titled “Critical Minerals Market […] Read more
Solis Consolidates Position As No. 3 Inverter Major Worldwide Updated On Tue, Jul 11th, 2023 by Saurenergy Ningbo, China based inverter major Ginlong(Solis) Technologies (the company), which broke into the top 3 ranking of inverter sellers last year, has consolidated its position further during the year, maintaining its ranking for a second consecutive year. For Solis, as it is called outside China, the ascent to no. 3 has been marked with a […] Read more
Delhi Discom To Replace 5,300 Old ACs With New Energy Efficient ACs Updated On Mon, Jul 10th, 2023 by Saurenergy Delhi-based power distribution (discom) company BSES Rajdhani Power Limited (BRPL) is now all set to relaunch its initiative to replace older inefficient air conditioners (ACs) with 5-Star energy-efficient ACs for its consumers. The domestic power consumers getting power through BRPL in their region would be eligible under the scheme to avail the scheme’s benefits. As […] Read more
1 Terawatt and Beyond: Solar Energy’s Unstoppable Rise and What Lies Ahead Updated On Mon, Jul 10th, 2023 by Saurenergy Solar has come a long way in the last few years, from over 100,000 megawatts in 2012 to one terawatt now (1 terawatt is 1 million megawatts). So, what spurred this development? What were the factors that facilitated the achievement of this feat? We’ll be going over humanity’s journey to 1 TW of installed capacity […] Read more
State Commissions Can’t Decide On Trade Margins In ISTS Projects: APTEL Updated On Mon, Jul 10th, 2023 by Saurenergy The Appellate Tribunal For Electricity (APTEL), in its latest judgment, ruled that State Commissions do not have the jurisdiction to take a call on the trade margins for Inter-State Transmission System (ISTS) power projects. The apex tribunal passed the order while hearing a case between the Solar Energy Corporation of India (SECI) against an impugned […] Read more
