RUVNL Initiates Proposal to Eliminate Restrictions of Structured RE Projects with ESS Updated On Fri, Dec 15th, 2023 by Saurenergy In a petition filed by the Rajasthan Urja Vikas Nigam Limited (RUVNL), it seeks approval for the selection of developers and procurement of bidding documents for an Inter-State Transmission System (ISTS) connected energy storage solution with a capacity of 1000 MW/6000 MWh. The proposal aspires to meet the requirements of Jaipur Vidyut Vitran Nigam Limited, […] Read more
Solar Production Costs In China Falls By 42% In 2023: Wood Mackenzie Updated On Fri, Dec 15th, 2023 by Saurenergy A latest report states that the cost of producing solar modules in China has dropped by 42% in the last 12 months to US$0.15 per watt (/W). This gave manufacturers in the country cost advantage over international rivals according to the New Horizons report from Wood Mackenzie. The report looks at ‘Five low-carbon tech trends […] Read more
SOFAR Showcases PV & ESS Offering at EnerGaïa 2023 at France Updated On Fri, Dec 15th, 2023 by Saurenergy SOFAR showcased its solar and storage solutions covering residential, C&I and utility applications at EnerGaïa concluded at France recently. SOFAR is a global provider of all-scenario PV & ESS solutions, With the European Parliament adopting the power market reform plan in July, the EU utility storage market is expected to usher in an outbreak. In […] Read more
EU New Electricity Market Design To Speed-Up Renewable Deployment Updated On Fri, Dec 15th, 2023 by Saurenergy A latest report shared by the European Council and the Parliament has revealed that they have reached a provisional agreement to reform the EU’s electricity market design (EMD). “This deal is great news, as it will help us reduce even more the EU’s dependence on Russian gas and boost fossil-free energy to cut greenhouse gas […] Read more
Suzlon Armed with 100.8 MW Wind Power Project in Gujarat Updated On Fri, Dec 15th, 2023 by Saurenergy Renewable energy solutions provider, Suzlon Group, has announced a new order win for the development of a 100.8 MW wind power project for a global utility firm. Suzlon will install 32 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 MW each. The project is located in […] Read more
Sterling & Wilson Renewable Energy Raises INR 1,500 Cr via QIP Route Updated On Fri, Dec 15th, 2023 by Saurenergy Sterling & Wilson Renewable Energy Limited (SWRE) has announced the completion of a fundraise of INR 1,500 crore through Qualified Institutions Placement (QIP) route. The Securities Issuance Committee of Board of Directors, at its meeting held on December 14, 2023, approved the issue and allotment of 4,32,27,665 equity shares of face value Re. 1 each […] Read more
Bangalore EV Startup Exponent Energy Rakes Up $26.4 Mn in Series B Round Updated On Fri, Dec 15th, 2023 by Saurenergy A Bangalore-based startup that delves in rapid charging of electric vehicles, Exponent Energy, has pocketed $26.4 million in a Series B round that was led by Eight Roads Ventures. It also entailed a strategic investment from TDK Ventures. Other participants in the Series B round included existing investors such as Lightspeed, YourNest VC, 3one4 Capital, […] Read more
BluPine Energy Achieves Financial Closure for 120 MW Solar Project in Gujarat Updated On Thu, Dec 14th, 2023 by Saurenergy Renewable Energy Company BluPine Energy, established in India by global infrastructure investor Actis, announced financial closure for its 120 MW solar project situated in Gujarat, secured under the GUVNL 16 tender. The electricity generated from this plant will be supplied to Gujarat Urja Vikas Nigam Limited (GUVNL) under a Power Purchase Agreement (PPA) for 25 […] Read more
“The Cabling In Solar Systems Is Designed to Exceed the 25 Year Warranty”, Hemant K Mehta, Elegar Kerpen Updated On Thu, Dec 14th, 2023 by Saurenergy Pune-based German cable firm Elegar Kerpen has been among the many firms leveraging the solar opportunity for faster growth. The cable maker was in the news recently after completing the acquisition of LEONI Cables Solutions (India) Pvt. Limited, making the German firm among the leading cable manufacturers in the country. SaurEnergy spoke to Hemant K […] Read more
