China Blows Past 2030 Target For Solar, Wind Updated On Mon, Aug 26th, 2024 by Saurenergy Back in 2020, Chinese President Xi Jining had outlined a plan to be carbon neutral by 2060, achieve peak emissions by 2030, and in doing so, add 1200 GW of solar and wind capacity by 2030. Low Prices Drive Faster Adoption As it turns out, the Chinese might have surprised even themselves considering how quickly […] Read more
Australia To Export Solar Energy To Singapore Updated On Fri, Aug 23rd, 2024 by Saurenergy Australia has approved a unique solar and battery farm project, set to become the largest of its kind in the world. The $24 billion venture, led by tech billionaire Mike Cannon-Brookes, aims to export clean energy from Australia to Singapore. The project, named SunCable, will span Australia’s remote northern region and include a vast array […] Read more
Bangalore Discom To Get Solar Power From Pavagada At Rs 2.89/unit Updated On Fri, Aug 23rd, 2024 by Saurenergy JSW Renew Energy Twenty Limited, a subsidiary of JSW Energy Limited, has signed a Power Purchase Agreement (PPA) with Bangalore Electricity Supply Company Limited (BESCOM) for a solar capacity of 300 MW. The project was awarded by the Karnataka Renewable Energy Development Limited (KREDL), the state nodal agency for renewable energy in Karnataka. The power […] Read more
Shyam Metalics & Energy Launches 10 MW RE Projects Updated On Thu, Aug 22nd, 2024 by Saurenergy Shyam Metalics and Energy Ltd., an integrated metal manufacturing company in India, is set to venture into clean energy by integrating rooftop and floating solar installations across their pan-India facilities. This initiative is part of the company’s commitment to sustainable energy, decarbonization, and supporting the country’s green and clean energy mission. The company has announced […] Read more
MSEDCL Seeks Bids To Setup 300 MW/600MWh BESS Pilot Projects Updated On Thu, Aug 22nd, 2024 by Saurenergy The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a tender to set up (300 MW x 2 hours) of BESS capacity within the state, with September 16th set as the last date for technical and financial bids. The state distribution agency seeks to select bidders through a tariff-based global competitive bidding process. The […] Read more
ABB Celebrates 10 GW Automation Milestone For RE Projects In India Updated On Wed, Aug 21st, 2024 by Saurenergy ABB India has surpassed a 10-gigawatt (GW) milestone in delivering its automation solution for renewable energy plants in India. Starting with a 100-MW project about seven years ago, ABB has strengthened its footprint in the renewable energy industry with this milestone, which is a result of over 300 renewable energy projects across India utilizing ABB’s […] Read more
Lower CUF: MERC Declines ACME’s Plea For Penalty Exemption Updated On Wed, Aug 21st, 2024 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC), in its latest judgment, declined to grant ACME any relief for its shortfall in meeting the committed Capacity Utilisation Factor (CUF) from its 300 MW solar project at Bhadla in Rajasthan. ACME had signed a Power Purchase Agreement (PPA) with the Maharashtra State Electricity Distribution Co Ltd (MSEDCL) to […] Read more
Google in 1.5 GW Pact With Energix For Renewable Power, Credits Updated On Wed, Aug 21st, 2024 by Saurenergy Energix Renewables, a leader in the U.S. renewable energy sector and part of the Energix Group, has announced the signing of a strategic long-term agreement with Google. The agreement will initially cover 1.5GWp of solar project development until 2030. Future expansion options will include, Energix supplying electricity and Renewable Energy Credits (RECs) generated from its […] Read more
Continuum Green Energy Secures $150Mn To Deploy RE Projects Across India Updated On Tue, Aug 20th, 2024 by Saurenergy Continuum Green Energy (Continuum), a leading renewable energy group in India serving commercial and industrial consumers, has entered into a definitive agreement with Just Climate. Under this agreement, Just Climate will invest Rs. 12.56 billion (approximately US$ 150 million) in new equity to support Continuum’s ongoing deployment of wind-solar-hybrid energy generation and storage projects across […] Read more