Renewables Led To Saving Of $520bn in Fuel Costs Globally: IRENA Updated On Wed, Aug 30th, 2023 by Saurenergy A new report by the International Renewable Energy Agency (IRENA) claimed that the global power sector saved $520 billion in fuel costs last year, owing to the increasing adoption of renewable energy sources. The report underscores how the ongoing fossil fuel price crisis catalyzed the competitiveness of renewable power sources. In 2022, 86 percent, equivalent to 187 Gigawatts (GW), […] Read more
Australia’s Sunrise CSP & Engineers India Ltd Join Hands for Solar Thermal Projects Updated On Tue, Aug 29th, 2023 by Saurenergy Australia-based Sunrise CSP (Concentrated Solar Power), a firm that designs, builds and operates industrial process heat and electricity generation plants that use concentrated solar thermal energy and India’s Engineers India Ltd (EIL) have entered into an MoU for Concentrated Solar Thermal (CST) projects in the oil and gas sector in India. This will also encompass […] Read more
Solar PV Concentration In Few States Not Healthy, Hints IIT Study Updated On Mon, Aug 28th, 2023 by Saurenergy A latest study undertaken by the researchers at the Indian Institute of Technology (IIT), Kharagpur, hinted that the current trend of concentration of solar power projects in certain Indian states was good for the growth of the sector. The report, co-authored by Saikat Ghosh, Jatindra Nath Roy and Chandan Chakraborty, analyzed the merits of geographical diversification of […] Read more
Australian Firm Powerledger Takes Its Blockchain Public, With New Solution Updated On Mon, Aug 28th, 2023 by Saurenergy Energy software technology company Powerledger has revealed its fast ‘Powerledger chain’ for the global energy industry. The company said that Powerledger Chain would support Powerledger’s own applications and third-party applications, as well as be open for public domain electricity use cases, interested in introducing new services and products to the market. “Our mission with blockchain […] Read more
10.4 GW Tenders Issued For Standalone Wind & Hybrid Projects In ’22: India Wind Energy Market Outlook Updated On Fri, Aug 25th, 2023 by Saurenergy As per a report by GWEC and MEC Intelligence (MEC+), entitled ‘From local wind power to global export hub: India Wind Energy Market Outlook 2023-2027’ published recently, India could become a key player in the global wind energy supply chain. The India Outlook from GWEC and MEC+ highlights that in 2022, 10.4 GW of tenders […] Read more
GOGLA, IKEA Foundation Announce Partnership To Scale Up RE in Asia Updated On Fri, Aug 25th, 2023 by Saurenergy GOGLA, the global association for the off-grid solar energy industry, and the IKEA Foundation have now announced a strategic partnership to scale the productive use of renewable energy (PURE) across Asia and Africa. The partnership provides GOGLA with funding of EUR 4 million over four years to help the off-grid solar sector advance solar PURE technologies that […] Read more
KERC Issues Draft Norms For Pre-Paid Meters For All Power Consumers Updated On Fri, Aug 25th, 2023 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC) has now issued a draft notification to allow all categories of power consumers to install pre-paid electricity meters. Earlier pre-paid meter connections were confined to certain categories of power consumers only in the state. The Commission has now sought the public’s response to the draft regulations within one month. The new norms have […] Read more
Pune Military College Becomes India’s First Carbon Negative Garrison Updated On Fri, Aug 25th, 2023 by Saurenergy Pune’s College of Military Engineering has commissioned a 5 MW solar power plant. With the commissioning of this plant, the college has augmented its solar power generation capacity to 7 MW. CME claims to be the first carbon negative military formation in India. The CME has undertaken several initiatives towards curbing its carbon footprint. Among […] Read more
Duke Energy Offers RECs For Residential, Small Biz in Florida Updated On Wed, Aug 23rd, 2023 by Saurenergy American energy company Duke Energy Florida has announced ‘Clean Energy Impact’, its newest renewable energy certificates (RECs) programme. These renewable certificates are now available to customers looking to achieve their sustainability goals and support local renewable energy. The company’s latest product is available for residential, small and medium business customers in Duke Energy’s Florida service […] Read more
