CSP Capacity Needs To Touch 196.7 GW By 2030: Report Updated On Thu, Feb 6th, 2025 by Saurenergy A latest report from the International Renewable Energy Agency (IRENA) claimed that in a scenario aligned with the Paris Agreement, global installed Concentrated Solar Power (CSP) capacity will need to reach 196.7 GW by 2030. The report dealt with various issues related to the growth and challenges to the sector. The report said that global […] Read more
India Needs 3.9 Million Charging Stations by 2030: Report Updated On Thu, Feb 6th, 2025 by Saurenergy A latest report from GameChanger Law Advisors and Speciale Invest claimed that to meet its ambitious 2030 EV adoption targets, India needs to install at least 3.9 million charging stations, making charging accessibility one of the most pressing challenges for the industry. The report titled ‘Charging Ahead II’ said that India’s electric vehicle (EV) market […] Read more
Q3 Results: KPI Green Revenues Up 60%, PAT Grows 86% In Q3 Updated On Thu, Feb 6th, 2025 by Saurenergy Gujarat-based KPI Green Energy continues to demonstrate strong financial growth, with an increase in its turnover in the third quarter of FY 2024-2025 (Q3 FY 2024-2025). The company’s total revenue recorded, Rs. 466.1 crore, reflected a 40.6% increase from 331.33 crore in Q3 FY 2023-2024. This growth is driven by expanded project execution, increased capacity […] Read more
CtrlS Datacenters Unveils Captive Solar Farm — GreenVolt1 Updated On Thu, Feb 6th, 2025 by Saurenergy CtrlS Datacenters Ltd, a data center operator, unveiled its captive solar farm, GreenVolt 1, in India. Phase I, with a capacity of 62.5 MWp, went live in June 2024, while Phase II, with an additional capacity of 62.5 MWp, is under implementation. CtrlS has spent over a year in R&D optimizing the project and complying […] Read more
After Tax Credit Aid, US Solar Module Production Rises By 600% Updated On Wed, Feb 5th, 2025 by Saurenergy Solar module manufacturing capacity in the United States (US) rose by around 600% after the federal government’s tax credit support to the industry, a report said. The latest update from the Solar Energy Industries Association (SEIA) said that the tax credit support bolstered the growth of the solar industry in the region significantly. These tax […] 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
GE Vernova Plans $600 Mn Investment To Build US Factories Over Next Two Yrs Updated On Fri, Jan 31st, 2025 by Saurenergy GE Vernova Inc., a US-based energy manufacturer has announced plans to invest nearly $600 million in its US factories and facilities over the next two years to help meet the surging demand worldwide. The new investments – expected to create more than 1,500 new US jobs – will help drive its energy affordability, national security, […] 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
