81% of RE Additions In 2023 Were Cheaper Than Fossil Fuels: IRENA Updated On Wed, Sep 25th, 2024 by Saurenergy Renewables remain competitive despite fossil fuel prices returning closer to historical cost levels, concludes Renewable Power Generation Costs in 2023, released by the International Renewable Energy Agency (IRENA) at the Global Renewables Summit during the UN General Assembly in New York today. Of the record 473 gigawatts (GW) added in 2023, 81% or 382 GW […] Read more
SJVN Invites Developers To Build RT Solar Projects On Gov Buildings Updated On Wed, Sep 25th, 2024 by Saurenergy SJVN has invited proposals from developers to set up 5830 kW of grid-connected rooftop solar power projects (without battery storage). SJVN is developing these on Union Government buildings across seven states, as designated by the MNRE under the PM Suryaghar scheme. These states are NCT of Delhi, Madhya Pradesh, Uttar Pradesh, Haryana, Gujarat, Maharashtra, and […] Read more
Himachal Pradesh To Invest In Pumped Storage projects Updated On Wed, Sep 25th, 2024 by Saurenergy Himachal Pradesh Chief Minister, Thakur Sukhvinder Singh Sukhu said the State has decided to enter the sector of Pumped Storage Projects (PSPs). He said that PSPs are considered one of the most dependable mechanisms towards a balanced supply of power from renewable sources like solar and wind energy. Himachal has been the leader in mini-hydel […] Read more
Delectrik Wins 3 MWh Battery Energy Storage Project From NTPC Updated On Tue, Sep 24th, 2024 by Saurenergy Gurugram-based Delectrik Systems, a flow battery OEM, won a tender from NTPC for its NETRA division (NTPC Energy Technology Research Alliance) to deploy a 3 MWh Vanadium Redox Flow Battery (VRFB) based Battery Energy Storage System (BESS). NETRA is deploying this VRFB as long-duration energy storage (LDES) to augment the storage capacity of its microgrid […] Read more
Maharashtra Launches Solarization of Lift Irrigation Updated On Tue, Sep 24th, 2024 by Saurenergy The Government of Maharashtra (GoM) has undertaken the process of solarization of Lift Irrigation Schemes that supports the agricultural regions. These regions could not be promoted through the traditional irrigation system because of geographical constraints. Furthermore, the problem of forest clearance does not permit the implementation of the traditional methods of irrigation in some region. […] Read more
Sustainiam Onboards 400 MW Portfolio Of Brookfield Assets In India Updated On Tue, Sep 24th, 2024 by Saurenergy Sustainiam, a climate tech startup, and a carbon management solutions provider, onboarded 400 MW of renewable assets from Brookfield, a global renewable energy provider, for the registration, issuance, and trading of International Renewable Energy Certificates (I-REC). This portfolio primarily consists of wind assets, to help Brookfield expand its renewable energy capabilities in India and beyond. […] Read more
Power Minister Calls RE Additions Inadequate, Case For Pushing Thermal Till 2035 Updated On Tue, Sep 24th, 2024 by Saurenergy Power Minister Manohar Lal made a strong case for India to push thermal power growth till 2035, due mainly to the inability of renewable capacity additions to fill the gap in demand. India’s peak power demand is projected to reach 458 GW by 2032, a number that cannot be met by even the planned 500 […] Read more
MP and UP to Collaborate on a 2 GW Solar Project Updated On Tue, Sep 24th, 2024 by Saurenergy In what is probably a first at this scale for a renewable project, Madhya Pradesh (MP) and Uttar Pradesh (UP) are undertaking a new 2 GW solar power project which would help to meet the seasonal electricity demands of both states. Madhya Pradesh’s peak power demand usually coincides with rabi crop season between October and […] Read more
ICRA Sees FDRE, RTC Projects As Key Drivers Of India’s RE Growth Updated On Mon, Sep 23rd, 2024 by Saurenergy A recent report by the Investment Information and Credit Rating Agency (ICRA) foresees a rise in renewable energy capacity in the next six years in India. It is estimated that the share of renewable energy (RE), plus large hydro, in all-India electricity generation, will increase to over 35% in FY2030 from 21% in FY2024. ICRA […] Read more
