Bangladesh Opens Up Small, But Profitable Opportunity Next Door For Indian Developers Updated On Fri, May 19th, 2023 by Saurenergy Of late, Bangladesh, powered mostly by thermal power and blessed with an unfavourable location for hydropower, has made a serious effort to ramp up its renewable capacity. The country, which has a deficit of power supply that forces it to import from India, hopes that by 2041, 40 per cent of its total power requirements […] Read more
Govt Report Bats For Boosting Renewables In Day-Ahead Electricity Market Updated On Wed, May 17th, 2023 by Saurenergy A report by an expert group constituted by the Ministry of Power to review the Indian electricity markets batted for including variable renewable power in the day-ahead markets. The report said this could be done with some revenue protection for the developers. The inclusion of RE was one of the reforms the Group advocated in […] Read more
A Lack of Awareness Among Key Stakeholders About Benefits Of Solar Insurance- Sudhish Ramteke, Anand Rathi Updated On Wed, May 17th, 2023 by Saurenergy As solar has achieved scale and a future of strong growth, insurance firms have also done well to catch up and offer products for the sector. Besides the obvious role of de-risking projects for developers, insurance firms also play a key role in wider understanding and acceptance of the risks involved for other key stakeholders, […] Read more
Vattenfall, OX2 To Build 1.6-GW Offshore Wind Power In Sweden Updated On Tue, May 16th, 2023 by Saurenergy Global renewable energy developers Vattenfall and OX2 have received permission from the Swedish government to build 1.6 GW of offshore wind energy in Sweden waters. Vattenfall will be developing 1.2GW and OX2 has 400 MW in its kitty. Vattenfall has disclosed that the Swedish Government allowed it to develop 1.2 GW Kattegat Syd offshore wind […] Read more
MNRE To Hold Talks On Financing New Technologies At G20 WG Meet Today Updated On Mon, May 15th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) will conduct a brainstorming session on low-cost finance for new and emerging technologies in Mumbai today. The event will be organized on the sidelines of the third Energy Transition Working Group (ETWG) meeting at the Jio World Convention in Mumbai. The event will likely discuss ways to […] Read more
Indian EV Sector Registered 170% Growth In FY23: CEEW-CEF Report Updated On Thu, May 11th, 2023 by Saurenergy A latest analysis report by the Council on Energy, Environment and Water’s Centre for Energy Finance (CEEW-CEF) claimed that sales of Electric Vehicles (EVs) in India grew exponentially in FY23. It claimed that the Indian EV sector witnessed a growth of 170 percent (compared to FY22). It also crossed the one million mark during the […] Read more
Corporate PPA Contracts Added 148 GW of RE From 2015 to 2022: WBSCD Updated On Thu, May 11th, 2023 by Saurenergy As per a recent report shared by World Business Council for Sustainable Development (WBSCD), 23% of the firms that aimed for 100% renewable energy have achieved their goal of 100% renewable energy. Furthermore, by 2021, companies committing to procure 100% renewable power through RE100 were procuring 49% from renewable sources, equating to 184 TWh of […] Read more
Demand For Solar Trackers In Indian RE Market Rising: Chintan Patel, Sunchaser Updated On Wed, May 10th, 2023 by Saurenergy Sunchaser is a Gujarat-based single-axis solar tracker manufacturer. These mounted structures help the solar panels rotate toward the sun’s direction to maximize energy generation. The company has the experience of supplying its product in around 30 countries across the globe. Chintan Patel, Chief Technology Officer (CTO) from Sunchaser, in a short interview with Saur Energy […] Read more
Icon Solar Aims To Touch USD 200 million sales by 2025: Shakti Dubey, Director Updated On Mon, May 8th, 2023 by Saurenergy Shakti Kumar Dubey is the Director of Icon Solar-En Power Technologies Private Limited (En-Icon), an Indian solar module manufacturing company. The company started its operations nine years ago and has expanded its base since then in the country. En-icon has also been important in supplying solar pumps under the PM-KUSUM and other solar pump schemes. In […] Read more
