US At Risk Of Falling Behind RE Target Post-IRA: Report Updated On Thu, Feb 22nd, 2024 by Saurenergy A collaborative report on clean energy released by the Rhodium Group, in partnership with the Massachusetts Institute of Technology (MIT), states that despite reaching record levels of investment in utility-scale clean electricity generation and storage capacity in 2023, the US has a risk of falling behind post-IRA (Inflation Reduction Act) projections. While renewable electricity has […] Read more
TotalEnergies Acquires 59MW Solar Farm in Spain Updated On Thu, Feb 22nd, 2024 by Saurenergy TotalEnergies Renewables, the green energy arm of TotalEnergies, has announced that it acquired the 59MW Dehesa Nueva del Rey solar park in Spain from developer Synergia. This ready-to-build project adds to the 3GW portfolio of solar projects TotalEnergies already has with environmental permits in Madrid, Murcia, Andalusia, Aragon, and Castilla La Mancha, said the press […] Read more
Switzerland-Based MET Group Building 23-MW Solar Farm In Hungary; AI To Assist Project Team Updated On Wed, Feb 21st, 2024 by Saurenergy Switzerland-headquartered MET Group has announced that it has started building a 23-MWp expansion to its Kaba solar farm in eastern Hungary. According to the press release, the 23 MWp photovoltaic plant will cover an area of almost 32 hectares in which more than 33,000 solar panels will be installed. The construction of the solar park […] Read more
BluSmart, TATA Power Sign 30 MW PPA To Procure Green Energy Updated On Wed, Feb 21st, 2024 by Saurenergy BluSmart, an eMobility ride-hailing service and electric vehicle (EV) charging infrastructure network provider, announced a multi-year Power Purchase Agreement (PPA) with Tata Power Trading Company Limited (TPTCL) a wholly owned subsidiary of Tata Power. The PPA will allow BluSmart to source green power from TPTCL. This collaboration marks a significant step towards BluSmart’s commitment to […] Read more
Italy’s PLT Energia And GGS Energy to Develop 1 GW RE Projects in Texas Updated On Wed, Feb 21st, 2024 by Saurenergy Italy-based renewable and energy storage company PLT Energia has announced that its subsidiary PLT Energy US Corp has entered into a joint venture with GGS Energy to develop more than 1 GW of renewable energy in Texas, United States. According to a press statement, the joint venture’s first project will be the development and construction […] Read more
GERC Revises Tariff To Rs 2.57 For 700 MW Project Between SECI, GUVNL Updated On Wed, Feb 21st, 2024 by Saurenergy Gujarat Electricity Regulation Commission (GERC) recently approved the power usage agreement signed by Gujarat Urja Vikas Nigam Limited (GUVNL) with Solar Energy Corporation of India Limited (SECIL). The agreement was undertaken for procurement of 700 MW power from their solar PV power plant that is to be set up under Ministry of New and Renewable […] Read more
Karnataka Set To Install 40,000 Solar Pumps Under PM-KUSUM Updated On Wed, Feb 21st, 2024 by Saurenergy Karnataka 2024 Budget released some key initiatives to support the solar sector such as through the installation of solar pumps. The 2024 budget emphasized some key initiatives to make farmers self-sufficient. The Karnataka government will install 40,000 off-grid solar pump sets under the PM-KUSUM Component-B scheme. It plans to do so at an estimated cost […] Read more
New Rooftop Subsidy Only For Applications Post Feb 13-MNRE Updated On Wed, Feb 21st, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE), in a fresh update on Geb 20, has declared that only applications received after Feb 13, 2024 will be considered for Central Financial Assistance (CFA) under the PM Surya Ghar Muft Bijli Yojana. The move comes even as demand is expected to skyrocket for solar rooftops under […] Read more
CEA Proposes Key Changes In Draft Regulations For Connectivity Updated On Wed, Feb 21st, 2024 by Saurenergy In a draft notification proposing specific changes through a second amendment to the to the Connectivity and General Network Access to the inter-State Transmission System) Regulations, 2022, the Central Electricity Authority has proposed some key changes. The first amendment was done back in 2023, while the regulations were published in 2022. Key proposals (amendments) include […] Read more