Global Solar Energy Costs Drop, Offshore Wind Prices Stay High: Wood Mackenzie Updated On Tue, Oct 22nd, 2024 by Saurenergy Globally, the Levelised Cost of Electricity (LCOE) landscape made significant advances in renewable energy technologies, with wind and solar power leading the way. The levelized cost of electricity (LCOE) is used to evaluate the net present value of the cost of electricity over generated during the lifetime of the generating system from the energy technology. […] Read more
Green Stocks Oct 21 – Stocks Endure Another Day With Losses Updated On Mon, Oct 21st, 2024 by Saurenergy Hopes must be really high for JSW Energy’s results, for coming out as the sole stock to stay up without suffering losses today. In line with the broader market, especially the small cap and mid-cap indices, green energy stocks uniformly were down today. Losses were higher for a few like Premier Energies, but no one […] Read more
Achieving Universal Energy Access by 2030: Can It Be Done? Updated On Mon, Oct 21st, 2024 by Saurenergy Universal energy access is not just a development goal. It’s a fundamental requirement for socio-economic growth and improved quality of life. Despite global efforts, millions of people, particularly in sub-Saharan Africa and South Asia, still lack access to electricity and clean cooking solutions. The World Energy Outlook 2024 examines these challenges and explores pathways to […] Read more
Sharp Fall In BESS Tender Bids Signals Faster Energy Storage Additions In India Updated On Mon, Oct 21st, 2024 by Saurenergy In the past three months multiple BESS (Battery-based Energy Storage system) tender results have pointed to yet another mini-disruption in the fast-evolving Indian renewable energy sector. Energy storage targets for 2028 might be a lot closer in 2026 itself. The price drops have been attributed primarily to falling lithium cell costs, which have led to […] Read more
Hoymiles Microinverters Offer An Efficient Opportunity To Ride The Solar Boom In India Updated On Mon, Oct 21st, 2024 by Saurenergy India has emerged as one of the fastest-growing solar markets in the world. With government policies, technological advancements, and increasing demand, solar power is poised to become a mainstream energy source in India’s clean energy transition. Why is it the best time to go solar in India? The year 2024 represents a promising start for […] Read more
SolaX Power Announces 149.8mn USD Investment On Energy Storage Updated On Mon, Oct 21st, 2024 by Saurenergy Global energy solutions company SolaX Power has now unveiled a 149.8 million USD investment to establish research and manufacturing facility in the Zhejiang Province of China. This project will focus on utility-scale energy storage and integrated smart energy systems. The company said that the move is likely to aid in the global energy transition towards clean […] Read more
Maharashtra: NTPC Looks For Land To Build 600 MW Solar Project Updated On Mon, Oct 21st, 2024 by Saurenergy NTPC Limited has now issued a tender seeking land to develop 600 MW of solar projects in the Dhule region of Maharashtra and the successful evacuation of the clean power from the region. The power behemoth has invited the bids from bidder with prior experience in execution for grid connected Solar PV Projects/Solar Parks or […] Read more
MNRE’s Plan To Boost Off-Grid Solar In Tribal Areas Gets Impetus Updated On Mon, Oct 21st, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has secured the sanction of the President for the implementation of its revised funding for the Solar Power Scheme (for tribal and PVTG Habitations/Villages) under PM JANMAN and Pradhan Mantri Janjatiya Unnat Gram Abhiyan (PM JUGA). This replaces the previous New Solar Power Scheme (for Particularly Vulnerable […] Read more
CERC Takes Into Account PSPs, Offshore Wind, Changes Transmission Rules Updated On Mon, Oct 21st, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) has made changes to the rules about how costs are shared for using the Inter–State Electricity Transmission System (ISTS) These new rules have been named CERC (Sharing of Inter-State Transmission Charges and Losses) (Fourth Amendment) Regulations, 2024. For power plants that connect to both the national (inter-State) and local […] Read more
