GoodWe To Produce One million Units Per Year Post Expansion Updated On Mon, Jun 21st, 2021 by Saurenergy PV Inverter manufacturer GoodWe has announced a major manufacturing expansion to up to one million units per year in phase II of its Guangde manufacturing facility in China. The firm, ranked as the leading storage inverter firm in the world by Wood Mackenzie, has a strong presence across categories in solar. The company hosted the […] Read more
IFC and Rockefeller Foundation to Co-finance RE Development in Africa Updated On Thu, Jun 17th, 2021 by Saurenergy The International Finance Corporation, the private sector arm of the World Bank Group, and The Rockefeller Foundation (RF) yesterday announced a new partnership to finance renewable energy development in Sub-Saharan Africa and some other regions. The joint venture aims to deploy $150 million of RF’s catalytic capital in blended finance to mobilize up to $2 […] Read more
NCRTC Partners with SECI to Use Renewable Energy in Delhi-Meerut Corridor Updated On Wed, Jun 16th, 2021 by Saurenergy In an effort to promote India’s sustainability development goals (SDGs), thus encouraging the use of renewable energy in the transportation sector the National Capital Region Transport Corporation (NCRTC) and Solar Energy Corporation of India (SECI) have signed a Memorandum of Undertaking (MoU) to harness blended renewable energy for Delhi-Meerut RRTS (Regional rapid transit system) corridor. […] Read more
Impact of Global Shift of Funds Away From Fossil Fuels on India: IEEFA Updated On Tue, Jun 15th, 2021 by Saurenergy The International Energy Agency’s (IEA) Net Zero Emissions (NZE) roadmap by 2050 is compatible with the Paris goal of restricting the temperature increase to below 1.5 degree Celsius. As per the NZE roadmap, the use of unabated fossil fuels declines sharply to just over a fifth of the total energy supply. More than two-thirds of […] Read more
GUVNL Notices Stakeholders About Surplus Energy Compensation at Rs 1.99/unit Updated On Wed, Jun 9th, 2021 by Saurenergy Gujarat Ujrja Vikas Nigam Ltd. (GUVNL), a wholly-owned state electricity regulation board in the state of Gujarat has recently declared that the simple average of solar tariffs discovered and contracted through competitive bidding process conducted by GUVNL for non-park based solar projects during the period from October 1st, 2020 to March 31, 2021, is Rs […] Read more
CESL & GEDA Partner to Electrify Remote Rural Households in Goa Updated On Fri, May 28th, 2021 by Saurenergy Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), has signed an agreement with Goa Energy Development Agency (GEDA) for the installation of solar PV-based home lighting systems for remote households in the state, which do not have access to proper power supply till date. Under the Agreement, CESL […] Read more
Is The SB Energy Exit A Worrying Sign For India? Updated On Thu, May 20th, 2021 by Saurenergy By Now, the news of SB Energy’s portfolio buyout by Adani Green Energy (AGEL) has been well reported. The 100% buyout of SB Energy India assets by AGEL for $3.5 billion, for a fresh 4954 MW of additions to AGEL’s total assets including project pipeline, has been cited as a possible warning sign for India’s […] Read more
“India Needs Schemes that can support the market expansion”, Stefan Louis, Nexcharge Updated On Tue, May 18th, 2021 by Saurenergy Nexcharge, the Joint venture between Exide India and Leclanché, Switzerland, (Exide Leclanché Energy Private Limited) completes three years this year. It’s been a period of major changes on the battery storage front, with Lithium Ion batteries finally given the importance they deserve, with support from both the official PLI schemes and a major push from […] Read more
IEX: 90% YoY growth in electricity market; 7707 MU trade in April 2021 Updated On Fri, May 7th, 2021 by Saurenergy Great news has come from the electricity market at the Indian Energy Exchange as it began the new fiscal year 2022 with 7707 MU volume in April 2021, achieving a 90.2 per cent year-on-year growth, much like its notable performance in the last fiscal year. Considering the power demand data published by the National Load Dispatch […] Read more
