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Saurenergy Explains: AC Block vs DC Block – Battle of BESS

Renewable energy sources struggled to become a reliable alternative to fossil-based power for long. The Utility-scale battery energy storage systems (BESS) emerged as a panacea to renewable woes, with new renewable projects now even accommodating BESS as a part of the project. The landscape of utility-scale BESS is also now witnessing a dynamic evolution, with […]

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ONGC Acquires PTC Energy With Its 288.8 MW Wind Projects

ONGC has announced its investment in ONGC Green Limited (OGL) and the recent acquisition of PTC Energy Limited (PEL). In a regulatory filing regarding the acquisition of PTC Energy Limited (PEL), it stated, “PTC Energy Limited (PEL) was established in August 2008 as a wholly owned subsidiary of PTC India Limited. It has an aggregate […]

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Hoymiles Appoints Impulse Green Energy As Its Newest Distributor In India

Hoymiles, a smart solar solutions provider, announces the appointment of Mumbai-based Impulse Green Energy as its newest distributor in India. This partnership will help to expand the presence and access to Hoymiles’ solar solutions across the region. Hoymiles has a presence in over 190 countries and is renowned for its microinverters and energy storage solutions. […]

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Climate Change vs Solar Energy: The Battle Within

Decades ago, global warming and associated climate change had prompted the world to take some serious measures, such as curbing GHG emissions and trapping pollutants. Today, the surge of renewable energy, especially solar and wind energy, is now promising the sustainable future the world once dreamed about. However, climate change has also become profound, leading […]

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India Proposed Renewable Energy Financing Obligation (REFO)

The Ministry of New and Renewable Energy (MNRE) has now proposed a new intervention to boost the flow of financing to the renewable energy sector in the country. This comes as the demand for faster deployment of renewable energy becomes significant keeping in light India’s target of 500 GW of non-fossil fuel in 2030. Union […]

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EPointZero, TotalEnergies Partner To Support Africa & Asia Market

Abu Dhabi Future Energy Company PJSC—Masdar, a UAE-based clean energy company, TotalEnergies, and EPointZero, the decarbonization arm of 2PointZero, a global investment platform, signed a Framework for Action (FFA) agreement. This agreement aims to increase access to clean energy in emerging markets and developing economies in Africa and Asia. The agreement follows the UAE President […]

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ONGPL Acquires Ayana in Landmark INR 19,500 Renewable Energy Deal

India’s largest oil and gas producer Oil and Natural Gas Corp (ONGC) and nation’s biggest power company NTPC acquired renewable energy firm Ayana through their joint venture ONGC-NTPC Green Pvt Ltd (ONGPL), for an enterprise value of INR 19,500 crore (USD 2.3 billion).  ONGPL has signed a share purchase agreement with the current stakeholders National […]

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Clean Energy Financing: Are We Investing Enough?

Finance plays a vital role in the global push for renewable energy. Over the past decade, clean energy investments have grown significantly, driving gigawatt-scale renewable capacity additions and supporting related sectors, particularly in Asia, the Middle East, Europe, and North America. However, much more needs to be done for countries to meet their renewable energy […]

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Juniper Green Energy Raises $1bn In Debt Financing

Renewable energy developer Juniper Green Energy has successfully secured US$1 billion in phased debt financing over the past few months from leading financial institutions, including Power Finance Corporation Limited (PFC), DBS Bank, HSBC Bank, and the Indian Renewable Energy Development Agency Limited (IREDA). This funding will support the growth and development of Juniper Green Energy […]

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