CERC Orders Compensation To NTPC Over ‘Change Of Law’ Event Updated On Tue, Apr 30th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgement awarded compensation to NTPC Limited over a surge in Goods and Services Tax (GST). The public sector utility had moved to the CERC seeking compensation for the increased project costs due to the increased taxation. The case was related to two solar projects with a […] Read more
Jinko Solar Q1 Results-Module Shipments at 19.9 GW, Down 21% QoQ Updated On Tue, Apr 30th, 2024 by Saurenergy JinkoSolar Holding Co., Ltd, one of the largest integrated solar module manufacturers in the world, has announced its unaudited financial results for the first quarter ended March 31, 2024. Till 2023 end, JinkoSolar was also the leading Chinese module supplier to the Indian market. First Quarter 2024 Business Highlights Module shipments increased 53.3% year-over-year to […] Read more
Neoen To Build Stage 2 of 341MW/1363 MWh Collie Battery In Australia Updated On Mon, Apr 29th, 2024 by Saurenergy French Renewable Energy company Neoen has been awarded a 300 MW/ 4-hour capacity services contract by the Australian Energy Market Operator (AEMO) in a competitive tender initiated by the Western Australian Coordinator of Energy. The service will be delivered by Stage 2 of Collie Battery sized at 341 MW / 1,363 MWh and consisting of […] Read more
BluPine Energy Secures Financial Closure for 120 MW Solar Project Updated On Mon, Apr 29th, 2024 by Saurenergy BluPine Energy, a leading renewable energy services company established in India by global infrastructure investor Actis has announced the successful financial closure for its 120 MW Solar Project in Sadla, Gujarat under GUVNL 18. BluPine Energy has secured the debt financing for its project from HDFC Bank, India’s largest private sector bank. The total debt […] Read more
Qatar Plans To Increase Its Renewable Capacity To 18% By 2030 Updated On Mon, Apr 29th, 2024 by Saurenergy The Qatar General Electricity and Water Corporation “Kahramaa” recently shared its plans to launch its Qatar National Renewable Energy Strategy (QNRES). Qatar is one of the leading exporters of Liquified Natural Gas (LNG) and relies heavily on thermal sources of energy to cater its electricity demands. As per the strategy prepared by the authority, it has […] Read more
Renewable Power Capital Inks Deal With P&G For 140 MW Sweden Wind Farm Updated On Fri, Apr 26th, 2024 by Saurenergy Renewable Power Capital (RPC) and Procter & Gamble have signed a 10-year Power Purchase Agreement (PPA) for more than 90% of the electricity generated by the 140MW Sörlidberget onshore wind farm in Sweden, corresponding to an expected 400 GWh per annum of green electricity. According to Renewable Power Capital, Sörlidberget forms part of RPC’s 553MW […] Read more
SaurEnergy Explains- AC & DC Capacity of Solar Projects Updated On Fri, Apr 26th, 2024 by Saurenergy As Solar PV penetration hits new highs each year, the numbers are just adding up. 2023 saw at least 29 countries installing more than 1 GW, up from 25 countries in 2022. Nineteen countries (not including the EU) now have more than 10 GW of total cumulative capacity and five have more than 40 GW. […] Read more
IEA Forecasts 40% Drop In Battery Storage Costs By 2030 Updated On Fri, Apr 26th, 2024 by Saurenergy International Energy Agency’s (IEA) recent report on the use of batteries in electric vehicles (EVs) and battery storage installations has shown that developer costs of batteries will decline by 40% by 2030. The report was prepared after studying the use of solar PV plus batteries and found the total upfront costs of utility-scale battery storage […] Read more
Enphase Energy Partners with Octopus Energy in UK For Micro-Inverters, BESS Updated On Fri, Apr 26th, 2024 by Saurenergy Enphase Energy, an energy technology company and supplier of microinverter-based solar and battery systems has announced a partnership with energy and tech company, Octopus Energy Group. The parties will focus on deploying Enphase IQ8 Microinverters and IQ Battery 5P in the United Kingdom. Octopus Energy’s retail customers in the United Kingdom can now integrate Enphase’s […] Read more
