Mergence, Solarise Africa Invest R160 Million In South Africa Updated On Tue, Aug 27th, 2024 by Saurenergy Solarise Africa, an Energy-as-a-Service company, has announced a strategic partnership with Mergence Investment Managers, securing an R160 million investment to expand Commercial & Industrial (C&I) renewable energy solutions across South Africa. The introduction of local debt and a mezzanine facility will enhance the company’s ability to increase its industry presence and impact renewable energy adoption. […] Read more
A Week Later, No Relenting In Tamil Nadu Decision To Add ‘Resource Charge’ On Wind Energy Updated On Tue, Aug 27th, 2024 by Saurenergy The Tamil Nadu government , which imposed a Rs 50 lakh ‘resource charge’ for every MW of upcoming ISTS connected wind energy installations in the state, seems unwilling to relent on the decision. The state, one of the most well placed to generate wind power in the country with an installed capacity of 10.7 GW, […] Read more
Falling Solar, Wind Tariffs Threaten SJVN’s Core Hydro Projects Updated On Mon, Aug 26th, 2024 by Saurenergy The lower tariffs offered by solar and wind projects in India seem to have dented the avenues of SJVN’s pet hydroelectric power projects. The top management of the company has also taken an account of the same in its latest Annual Report for the last fiscal. In the pursuit of expanding its footprint in the […] Read more
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
