ReNew Contracts 5 PPAs Worth 2.2 GW, 438 MW Corporate PPA Updated On Fri, May 10th, 2024 by Saurenergy Underlining its continued progress with key objectives like a larger portfolio and inroads into the corporate PPA market, ReNew, one of India’s leading renewable energy companies, has announced the signing of five Power Purchase Agreements (PPAs) totaling ~2.2 GW of RE capacity. These significantly expand its fully contracted renewable energy portfolio that now stands at […] Read more
Top 5 States Spearheading Rooftop Solar in India Updated On Thu, May 9th, 2024 by Saurenergy India has made strides in new solar capacity addition in the last few years. However, a considerable gap exists between rooftop solar (RTS) and utility-scale solar installations. Despite existing national and state-level schemes promoting rooftop solar, including the National Rooftop Scheme and state government subsidies, participation rates remained low. This is mostly because of the […] Read more
New Solar Projects In US Report Fewer Delays In 2023: EIA Updated On Thu, May 9th, 2024 by Saurenergy The Energy Information Administration (EIA), the federal body tasked with tracking energy policy in the US, recently reported fewer delays to install new utility-scale solar photovoltaic (PV) projects in 2023 than in 2022. EIA in its report said, “In 2023, solar developers pushed back the scheduled online date for an average of 19% of planned […] Read more
Bangladesh Power Firm Issues 160 MW International Solar Tender Updated On Thu, May 9th, 2024 by Saurenergy Bay of Bengal Power Company Limited (BPDB), has issued an international tender inviting bids for for the design, supply, installation, testing & commissioning of a 160 MW Solar (AC) PV Power Plant at Maheshkhali Peninsula, Cox’s Bazar, Bangladesh. According to the tender document (priced BDT 20,000), the bidders will have to submit the technical and […] Read more
EU Rooftop Solar Standard Can Provide Power To 56 Mn Homes Updated On Thu, May 9th, 2024 by Saurenergy The European Energy Performance of Buildings Directive recently entered into force with the publication of the rule in the official journal of the European Union (EU). Its implementation could provide solar power equivalent of 56 million European homes. A preliminary analysis conducted by SolarPower Europe suggests that the EPBD could drive the installation of 150 […] Read more
SMA 2024 Fiscal Year Sales: Profitability In Line With Expectations Updated On Thu, May 9th, 2024 by Saurenergy Germany-based SMA Solar Technology AG completed the first quarter of 2024 which the company claims lines with their expectations. The group sales totalled €361.8 million and were thus at the same level as the previous year (Q1 2023: €367.2 million). SMA said in a statement, “As expected, sales in the home solutions and commercial & […] Read more
Africa’s Solar Challenges: Massive Untapped Potential Shows Up Tiny Production Updated On Thu, May 9th, 2024 by Saurenergy With nearly one-fifth of the world’s population today, Africa accounts for less than 3% of the world’s energy-related carbon dioxide emissions to date and has the lowest emissions per capita of any region. But still, Africans are facing the worst consequences of climate change in the world due to several reasons. Following that, Africa also […] Read more
News In Brief May 9- i2Cool Funding, Risen Energy Financials Updated On Thu, May 9th, 2024 by Saurenergy Radiative Cooling Solutions Firm i2Cool Attracts HKD100 Million in Series A Financing i2Cool, a company specializing in electricity-free cooling technology, has attracted nearly HKD100 million (USD13.8 million) in its Series A round financing from Trustar Capital (the private equity investment business under CITIC Capital Holdings Limited), Future Times Technology Holding Company Limited, The Hong Kong and China Gas Company Limited, […] Read more
The Renewable Energy Developers Whose Plans Will Shape India’s Solar Targets Updated On Thu, May 9th, 2024 by Saurenergy India reached a notable milestone in renewable energy by adding a record-breaking 18.48 GW in 2023-24, a 21 per cent increase from the previous year. As of March 31, 2024, India’s installed renewable energy capacity stood at 143.64 GW, excluding large hydropower projects. The country needs an annual addition of at least 50 GW for […] Read more
