Goldi Solar Gets 190 MW Module Order From ENGIE India Updated On Wed, Dec 6th, 2023 by Saurenergy Indian solar module manufacturer Goldi Solar, bagged a Modules Supply Agreement (MSA) with ENGIE India, a subsidiary of the France-based ENGIE Group—a global player in low-carbon energy and services. The agreement entails the supply of 190 MW of modules for ENGIE India’s upcoming Sayla village project under a 25-year solar power purchase agreement with Gujarat […] Read more
Lack Of Climate Finance Hindering Global Renewable Deployment: IRENA Updated On Wed, Dec 6th, 2023 by Saurenergy The recent report on energy transition and climate finance released by the International Renewable Energy Agency (IRENA) underscores the pivotal role of the energy sector in reducing emissions, particularly in light of the updated Nationally Determined Contributions (NDC) targets. The study reveals that 90% of participating parties have identified renewable energy generation as a key […] Read more
Profit Uncertainty Holding Back Europe’s BESS Growth: Rystad Report Updated On Wed, Dec 6th, 2023 by Saurenergy A recent research report on battery storage energy systems (BESS) by Rystad Energy claimed that the profit uncertainties in Europe have held back the growth of BESS. According to the latest research, which analyzes day-ahead power prices in Europe for 2023, Bulgaria (BG), Italy (NORD) and Hungary (HU) offer the highest profit potential for BESS […] Read more
Wind Energy Takes Centre Stage at COP28 Updated On Tue, Dec 5th, 2023 by Saurenergy COP28, being held in Dubai, has served as an ideal platform seeing major wind firms and countries join hands on noteworthy agreements on the setting up of wind farms. These agreements run into several gigawatts. 1 GW TotalEnergies AoI On the COP28 platform, French firm, TotalEnergies has entered into an agreement on investment (AoI) with […] Read more
CERC Allows Uttarakhand RE Generator To Avail RECs Despite Delays Updated On Tue, Dec 5th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement used its ‘Power To Relax’ provision to provide relief to Uttarakhand-based renewable energy generators in the matter of the issuance of Renewable Energy Certificates (REC). The order was passed when the petitioner, Dhanashree Agro Products, a Haridwar-based sugar mill, moved the CERC. The sugar mill uses bagasse […] Read more
Sungrow To Supply South Africa’s First Hybrid Wind-Solar-Battery Project Updated On Tue, Dec 5th, 2023 by Saurenergy Global solar inverter player Sungrow signed a supply agreement with French renewable energy group EDF Renewables, to provide 264MWh liquid-cooled energy storage systems and MV transformers, for the Umoyilanga project – South Africa’s first wind-solar-storage integrated hybrid virtual power plant (VPP). EDF Renewables, and privately held investment company Perpetua Holdings (Pty) Ltd, won the Umoyilanga […] Read more
IEX Power Market Update for November 2023 Updated On Tue, Dec 5th, 2023 by Saurenergy Indian Energy Exchange (IEX), India’s largest power trading exchange, had a strong November, achieving 9,136 MU overall volume, including 7.55 Lac Renewable Energy Certificates (RECs) (equivalent to 755 MU), marking a 17.5% increase on YoY basis. IEX achieved 8,371 MU total electricity volume in November 2023, registering an increase of 13% on YoY basis. However, […] Read more
Possible To Abate 400 Mt CO2 Emissions Globally With Carbon Capture: IEA Updated On Mon, Dec 4th, 2023 by Saurenergy IEA (International Energy Agency) report on carbon capture and storage identifies challenges in deployment of clean energy technology and in reducing carbon emission. It also compares carbon capture technology, which based on technology for CO2 reduction, with solar PV (Photovoltaic) technology which aim at electricity generation. The report finds that, the depending on other variables […] Read more
Tata Power Acquires Bikaner-III Neemrana-II Transmission Renewable Energy Project Updated On Mon, Dec 4th, 2023 by Saurenergy Tata Power Co Ltd has won a bid for the acquisition of the Bikaner-III Neemrana-II Transmission renewable energy project valued at about INR 1,544 crore. The renewable energy project is of a special purpose vehicle (SPV) established by PFC Consulting Limited, an arm of Power Finance Corporation. The transmission project is be undertaken on a […] Read more
