Odisha Intends To Solarize Thermal Ash Pond With 50 MW Project Updated On Wed, Nov 13th, 2024 by Saurenergy Odisha, in a bid to expand its renewable energy capacity from the current 606.87 MW (as of October 2024), is now planning to build a 50 MWAC grid-connected solar PV power plant on the earth-capped Ash Pond-B of the OPGC at Ib Thermal Power Station (IBTPS) in Jharsuguda, Odisha. The last date for techno commercial […] Read more
India, SE Asia Host 15% Of Global Clean Energy Manufacturing Jobs: IEA Updated On Wed, Nov 13th, 2024 by Saurenergy While most emerging and developing economies face structural barriers to attracting new clean energy manufacturing jobs, India and Southeast Asia have fared relatively well on this front, according to a latest report by the International Energy Agency (IEA). Clean energy manufacturing jobs in this region represent nearly 15% of the global total. Several other countries, […] Read more
Q3 2024: Australia Sees $3.3B New RE Projects, Surpasses 2023 Record Updated On Wed, Nov 13th, 2024 by Saurenergy Australia saw strong renewable energy and storage investment in the third quarter (Q3) of 2024. According to the Clean Energy Council’s latest Quarterly Renewables Report. Australia added 1,405 MW of capacity ($3.3 billion) in new large-scale renewable generation projects during Q3 of 2024, exceeding the total in 2023. Currently, over 40 percent of Australia’s electricity […] Read more
KERC Draft Aims To Achieve 1.5% Distributed RE Mandate Till 25 Updated On Tue, Nov 12th, 2024 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC) has released a draft proposal aimed at encouraging the expedited procurement of renewable energy. It has invited comments from the stakeholders concerned on the proposal until November 27, 2024. Currently, the state has 8930.10 MW of solar, 6564.36 MW of wind energy, and 22378.34 MW of total renewable energy […] Read more
Manager – Process Design and Digital Transformation Updated On Tue, Nov 12th, 2024 by Saurenergy The Process Design and Digital Transformation Manager will be responsible for designing, implementing, and optimizing processes across various teams within the organization. This role focuses on driving operational efficiency, leading digital transformation efforts, integrating processes into ERP systems, and developing Key Performance Indicators (KPIs) to measure success. The ideal candidate will have a deep understanding […] Read more
Green Stocks Nov 12: Waaree, JSW, KPI Green Stand Out As Stocks Slump Updated On Tue, Nov 12th, 2024 by Saurenergy The rush of FII selling has left India’s equity markets searching for a temporary bottom. That has meant a severe beating down of prices for many stocks, and our green brigade has not been left unscathed. Today was a day for newly listed Waaree energies to claw back the losses it suffered yesterday, as investor […] Read more
RE Investment Needs Restructuring Favoring Global South: IRENA Updated On Tue, Nov 12th, 2024 by Saurenergy IRENA World Energy Transition Outlook identified that there is a geographic concentration of investments, and calls for structural changes to close the financing gap faced by the countries of the global south. According to the report’s findings, among the advanced economies of 38 countries, which make up 14% of the world’s population and represent 40% […] Read more
How Carbon Market Boost At COP29 Can Bolster Indian RE Sector? Updated On Tue, Nov 12th, 2024 by Saurenergy After a long wait, global leaders have approved the standards for an international carbon market at the latest COP20 at Baku in Ajerbaijan. The United Nations Framework Convention on Climate Change (UNFCCC) announced this significant development in an official release. The new UN-backed global carbon credit market is set to pave the way for increased […] Read more
India’s RE Investment Hits USD 12.4 Bn, Falls Short of 2030 Target: Report Updated On Tue, Nov 12th, 2024 by Saurenergy India’s renewable energy investment has grown to USD 12.4 billion in 2023, up from 2020. However, investment remains far below the estimated USD 200 billion required to achieve India’s goal of 500 GW of non-fossil fuel electricity capacity by 2030. According to the Zero Carbon Analytics report’s findings, to meet the 500 GW of non-fossil […] Read more