India could become carbon neutral before its 2070 goal: IRENA chief Updated On Wed, Apr 27th, 2022 by Saurenergy India’s focus on decarbonising its steel sector and developing offshore wind power will help it become carbon neutral ahead of its promised goal of 2070, the director-general of the International Renewable Energy Agency (IRENA) said. IRENA’s Francesco La Camera told an international news agency that India was “very serious” about meeting the challenges and was […] Read more
Solar Inverters Move to The Front Updated On Wed, Apr 27th, 2022 by Saurenergy When it comes to the Solar market, a disproportionate share of attention is always paid to the modules, or more recently, the module supply chain. The global solar PV module market was valued at $127.9 billion in 2020, and is projected to reach $260.2 billion by 2030, growing at a CAGR of 7.4% from 2021 […] Read more
Regional Energy Trade Lead Updated On Tue, Apr 26th, 2022 by Saurenergy Lead and design policy and regulatory interventions for setting up and expanding a regional power market as well as power trade rules, operations, and codes. Develop capacity of regional institutions on power trading regional energy cooperation and support evolution of new trading companies in South Asian countries. Provide technical inputs in the formulation/ update of […] Read more
GESCOM invites bids for 3 MWp rooftop solar systems in Karnataka Updated On Mon, Apr 25th, 2022 by Saurenergy Gulbarga Electricity Supply Company Limited (GESCOM) has invited bids for the empanelment of vendors for the development of 3MWp rooftop solar plants in residential buildings under Phase-II Scheme of MNRE in Karnataka. Key dates of the tender are as below: Last date for submission of queries : 02.05.2022 @ 11.00 Hrs. Pre-Bid meeting : 04.05.2022 […] Read more
Sungrow 2021 Results Deliver Strong Growth, Claims 30% Market Share Updated On Mon, Apr 25th, 2022 by Saurenergy Leading Inverter and energy storage solution provider major Sungrow has released its annual report 2021, reporting a strong revenue increase and growth across both its renewable and storage businesses. Financials in 2021 The revenue increased by 25.15% to $3.74 billion (2020: $2.956 billion). The net income attributable to shareholders of a listed company came to […] Read more
APTEL Overturns BERC Order In 5 MW RE Project, Restores tariff Of Rs 10.90/kWh Updated On Fri, Apr 22nd, 2022 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has recently overturned Bihar Electricity Regulatory Commission’s (BERC) order that rejected a renewable project developer’s plea for extension of the Commercial Operation Date (COD) due to delays created by the procurer. In March 2013, Avantika Contractors India Limited (the project developer) entered into a Power Purchase Agreement (PPA) with Bihar […] Read more
Senior Manager, Market Development Updated On Fri, Apr 22nd, 2022 by Saurenergy We are looking for a Senior Manager, Market Development – India, to join the Middle East and Asia Growth & Development team in Wärtsilä Energy Business. Wärtsilä Energy Business is leading the transition towards a 100% renewable energy future. As an Energy Systems Integrator, we understand, design, build and serve power systems for future generations. […] Read more
Statkraft inks 300 GWh RE PPA with German cement mfr Updated On Fri, Apr 22nd, 2022 by Saurenergy Statkraft, a hydropower company fully owned by the Norwegian state, has signed a further power purchase agreement (PPA) with OPTERRA, a German cement manufacturer, for the supply of renewable power from onshore wind and solar power. It follows a wind power PPA agreed in 2021 and enables OPTERRA to further transition its plant operations to a […] Read more
Global Battery Energy Storage Systems Market Set For CAGR Of 27.9% On Grid Modernisation Updated On Fri, Apr 22nd, 2022 by Saurenergy According to an analysis by ESOMAR-certified market research and consulting firm Future Market Insights, the battery energy storage systems market is expected to be valued at US$ 64.92 B in 2032, with 27.9% CAGR during the forecast period. The market’s expansion can be attributed to rising demand for grid energy storage systems due to ongoing grid modernization, increasing […] Read more
