Indus To Acquire Stake in Amplus Tungabhadra’s Solar Plant Updated On Tue, Feb 4th, 2025 by Saurenergy In a pursuit of expanding its renewable energy portfolio, Gurugram-based Indus Towers has agreed to acquire a 26% equity stake in Amplus Tungabhadra Private Limited. Together, they will form a special purpose vehicle (SPV) to own and operate a Captive Power Plant (CPP). The company said in a regulatory filing, “Indus Towers is set to […] Read more
CERC Adopts Tariff For 600 MW Unsold Energy From SECI Updated On Tue, Feb 4th, 2025 by Saurenergy In a welcome development for SECI (Solar Energy Corporation of India) and related stakeholders, the Central Electricity Regulatory Commission (CERC) agreed to adopt the tariff for the full tranche of 900 MW of capacity, even as SECI has tied up for PPAs and PSAs for just 300 MW at the time of the order. The […] Read more
Germany’s Battery Storage Capacity Soars To 19 GWh In 2024 Updated On Mon, Feb 3rd, 2025 by Saurenergy After exceeding the 100 GW mark in solar energy production in 2024, Germany has now installed more than 1.8 million storage systems with a total capacity of 19 gigawatt-hours (GWh) at the turn of the year. This is mathematically sufficient to store the average daily electricity consumption of more than two million two-person households in […] Read more
Budget 2025: Experts Expect Spur In India’s Renewable Growth Updated On Mon, Feb 3rd, 2025 by Saurenergy The 2025 Budget brought forward by Union Finance Minister Nirmala Sitharaman raised new hopes for the Indian solar sector. With an increase in the budgetary allocations for the overall solar sector and higher budgets for key schemes like PM Surya Ghar, PM-KUSUM and solar power transmission infrastructure, the industry is looking at a healthy growth […] Read more
Australia Risks 12-18 GW Renewable Gap Due To Slow Investment, Study Finds Updated On Mon, Feb 3rd, 2025 by Saurenergy Australia has run into plenty of problems regarding its solar capacity. 2024 saw the continuing issue of curtailments as solar was regularly oversupplied to a grid run on baseload coal and gas power. The rush to build large batteries has helped, but not enough clearly. The National Electricity Market (NEM) is stalling investment in Australia’s […] Read more
China’s March Towards 3000 GW Renewables By 2030, 2025 Solar Price Trends Updated On Mon, Feb 3rd, 2025 by Saurenergy In news from China, the National Energy Administration (NEA) of the country has confirmed that in 2024, China added 373 GW of renewable capacity. This is a 23 percent year on year rise. Those additions, which accounted for 86% of all power capacity added, also took the share of renewables in total capacity to 56 […] Read more
Budget 2025- Green Stocks Fail To Fire Despite Manufacturing Push Updated On Sat, Feb 1st, 2025 by Saurenergy The 2025 budget presented by Finance Minister Nirmala Sitharaman had one announcement at the end that overshadowed almost everything mentioned before. Yes, we are referring to the hike in Income Tax exemption limit for salaried individuals to Rs 12 lacs, a move that is seen as the biggest effort yet to spur domestic consumption by […] Read more
News In Brief Jan 31: Torrent Power, EU’s Cross-Border Energy Infrastructure, Meta, Zelestra Agreement Updated On Fri, Jan 31st, 2025 by Saurenergy Torrent Power Commissions 300 MW Solar Project In Gujarat Torrent Power Limited subsidiary, Torrent Saurya Urja 2 Private Limited (TSU2) has received a certificate from the Gujarat Energy Development Agency certifying the commissioning of a 300 MW solar project w.e.f. December 15, 2024. The Gujarat Energy Development Agency-certified solar power plant has come into full […] Read more
Solar Journey of Africa: 2024 in Review and the Road Ahead Updated On Fri, Jan 31st, 2025 by Saurenergy Africa is the continent with the world’s largest solar energy potential and investment is the only thing that’s keeping Africa from powering its development using this potential. The solar growth in Africa remained modest in 2024 in the face of structural challenges such as limited financing, regulatory barriers and infrastructure constraints which still impede the […] Read more
