Solar Tracker Maker PVH set to Open First Solar Facility in the Middle East Updated On Wed, May 19th, 2021 by Saurenergy California-headquartered PV Hardware (PVH), a Spanish solar tracker and mounting systems manufacturer, announced yesterday its plans to open a manufacturing facility in Saudi Arabia. The company’s first factory and branch in the Middle East will manufacture PV structures, solar tracking systems and robotic cleaning devices ‘Made-in-K.S.A.’, in response to the rules for domestic content recently outlined […] Read more
IEX Q4 FY21 Results: ‘Unprecedented Performance’; Rs 100 Cr Revenues Updated On Fri, May 14th, 2021 by Saurenergy The Indian Energy Exchange (IEX) released its audited consolidated financial results for the fourth quarter ended March 31, 2021, today, announcing an “unprecedented performance” in the last fiscal year. The New Delhi-headquartered power trading exchange, which is regulated by Central Electricity Regulatory Commission (CERC), reported 37.3% YoY growth in electricity volumes in the last year. In […] Read more
Pace of Renewables Deployment Must Grow by 5-7 Times by 2030: ETC Updated On Tue, Apr 27th, 2021 by Saurenergy The Energy Transitions Commission (ETC) has released a new report analysing the feasibility of achieving a net-zero greenhouse gas emissions (GHG) economy by 2050 and the actions required in the next decade to put this target within reach. The report Making Clean Electrification Possible: 30 years to electrify the global economy sets out why it is […] Read more
Leaders Summit Outlines Energy Transition Priorities for a 1.5°C Future: IRENA Updated On Mon, Apr 26th, 2021 by Saurenergy The Paris agreement sets out a global framework to avoid dangerous climate change by limiting global warming to well below 2°C and pursuing efforts to limit it to 1.5°C. Today, more and more countries are aiming for net zero emissions by mid-century and attention is shifting to the implication of this objective. While existing Nationally […] Read more
Cross Border Electricity Trade in the Age of Renewables- New Trends and Developments Updated On Tue, Apr 20th, 2021 by Saurenergy Trading in electricity, unlike what many people might know, has been an intrinsic part of trade for many regions of the world. After all, it is only a little different from the energy trading that we all understand, be it oil or gas. In markets like Europe, which have found ways to bring down barriers […] Read more
Solar O&M Gets Set For The Big League In India Updated On Mon, Apr 19th, 2021 by Saurenergy As India’s solar footprint has grown, from a tentative 3.7 GW in 2015 to over 40 GW now, a little appreciated, but growing opportunity is finally getting its place in the sun too. The Solar Operations and Maintainance (O&M) business. A $4 billion business worldwide in 2019, it is set to be a $9 billion […] Read more
CESC Seeks Solar Power Suppliers To Meet RPO Obligations Updated On Mon, Apr 19th, 2021 by Saurenergy CESC, the privately owned discom and power generator that is entrusted with managing power for the city of Kolkata in West Bengal, has advertised for its April to October renewable purchase requirements. RPO’s are considered key to driving demand for solar power, enabling the sector’s expansion. In fact, even as CESC has advertised for its […] Read more
China vs US: The New Battle for Energy Supremacy Updated On Tue, Apr 13th, 2021 by Saurenergy At his first news conference since taking office, US President Joe Biden had said in March that he would outspend China on innovation and infrastructure so that the latter’s dream of superseding the US to become the most powerful and wealthiest country would not come to fruition, at least not on “his watch.” The President’s […] Read more
Waaree Energy Storage System Secures Seed Funding of USD 2 Million Updated On Thu, Apr 8th, 2021 by Saurenergy Waaree Energy Storage System (WESS) has announced that it has raised USD 2 million in seed funding from an HNI investor. The energy storage division of the WAAREE group – Waaree Energy Storage System (WESS) has announced that it ha raised USD 2 million in seed funding from an HNI investor. As per the firm, the […] Read more
