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energy price

IEA Report: Expect $1.7 Trillion Investments In Clean Energy In 2023

The International Energy Agency has said that the global investment in clean energy is on course to rise to $1.7 trillion in 2023. In this journey, solar energy is set to eclipse oil production for the first time. According to the new report by IEA, about $2.8 trillion is set to be invested globally in []

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MNRE to Launch New Scheme To Boost Distributed Solar Energy: RK Singh

In his latest speech, Union Minister for New and Renewable Energy RK Singh announced starting a new scheme to boost distributed renewable energy (DRE). He announced this during an event on DRE organised by the Council on Energy, Environment and Water (CEEW) and Villgro Innovations Foundations Powering Livelihoods. We are developing a new DRE policy []

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Sungrow Bags 150 MW Energy Storage Project in UK

Chinese inverter and energy storage system solution maker and supplier Sungrow has announced that it has signed a contract to supply its liquid cooled energy storage system (ESS) called PowerTitan to a 150MW/300MWh project in Ferrybridge, West Yorkshire, the United Kingdom. Sungrow said that the project is expected to increase total grid stability and bolster []

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Maharashtra Discom To Get Solar Energy At Rs 3.30/Unit Under Rural Solar Scheme

  The Maharashtra State Electricity Distribution Company Limited (MSEDCL) is now all set to procure 150 Megawatt (MW) of solar power on a long-term basis under the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) at the rate of Rs 3.30 per unit.  The Maharashtra Electricity Regulatory Commission (MERC) also approved these rates recently. The scheme allows farmers or []

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Amp Energy Wins CESCs 150 MW Wind-Solar Hybrid Tender

Renewable energy firm Amp Energy India has won a 150 MW wind-solar hybrid Calcutta Electric Supply Corporation (CESC) project via competitive bidding. The project has been won through its subsidiary Amp Green Energy Private Ltd, at a tariff of 3.07 per unit. The tariff discovered was the lowest tariff in the bid. The other []

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Indian PV Modules Are Gaining Global Traction: Atul Kamathi, Grew Energy

Atul Kamathi is the Vice President (EPC) of Grew Renewables Pvt Ltd, an Indian solar module manufacturer. In a short-duration interview with Saur Energy at the sideline of ReneX exhibition in Hyderabad, Kamathi talks about the journey of the Grew, the likely future of the Indian module manufacturing sector, and others. A venture of the Chiripal Group, []

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Aiming To Bring Down Energy Storage Costs: Manish Narula, Jinko Solar 

Manish Narula is the Executive Vice President of Chinese solar manufacturerJinko Solar (South Asia). In an exclusive interview with Saur Energy in Hyderabad, Narula talked about his companys experiments with newly-started energy storage devices, bifacial solar panels, and the future of these in India. Excerpts:   How has the experience of Jinko Solar been in India till now? []

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Record Renewable Output Lowers Costs, Emissions Australian Energy Market Operator

According to the Australian Energy Market Operator (AEMO), the country witnessed a significant increase in its renewable energy production in the quarter that ended in March. As a result, energy costs decreased, carbon emissions hit record lows, and there was a shift away from power generated by coal and gas. This surge in renewable energy []

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End of Nuclear Energy in Germany: What are the Fallouts?

Germany recently announced the shutting down of its last nuclear power plants. From supplying nuclear power plant-based electricity to the grid for the first time, at Kahl in Bavaria in 1961, to now shutting down the last three in April 2023, Nuclear energy polarized peoples opinions and remained a point of debate for decades in []

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