Solar Power Costs Dipped 87% Globally In Last 10 Years: Study Updated On Tue, Sep 26th, 2023 by Saurenergy A recent report by the Mercator Research Institute on Global Commons and Climate Change claimed that the cost of electricity from solar power globally has fallen by 87 percent in the last 10 years. At the same time, the cost of battery storage plummeted by 85 percent during the same period. The recent innovation in […] Read more
PFC Issues Tender for Solar Power Developers for 1250 MW Solar Projects Updated On Fri, Sep 22nd, 2023 by Saurenergy PFC Consulting Limited, a wholly owned subsidiary of PFC Limited, a Maharatna company, under Ministry of Power, has issued a tender for the selection of solar power developers for setting up of 1250 MW ISTS-connected solar PV power projects in India under tariff-based competitive bidding under the scheme for flexibility in generation and scheduling of […] Read more
Japan Researchers Study Potential Of Potassium-Ion Batteries Updated On Wed, Sep 20th, 2023 by Saurenergy A research team from the Tokyo University of Science- (TUS), Japan, has recently conducted a study to gain insights into Potassium-ion batteries (KIBs), an alternative to conventional Lithium-ion batteries. The results of the study was recently published in Angewandte Chemie International Edition. Lithium-ion batteries have gained major traction with the increased deployment of electric vehicles (EVs) […] Read more
SECI Issues Bid For 1260 MW Of ISTS-Connected RE Projects Updated On Fri, Sep 15th, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) today issued a tender seeking developers for proposed 1260 Megawatt (MW) of firm and dispatchable renewable power in India. The central authority has planned to develop this project under the Inter-State Transmission Systems (ISTS). The last day to submit the bid is November 10 whereas the hard copy […] Read more
Large RE Market A Boon For India: Anadi Iyer, India Director, Fraunhofer Updated On Fri, Sep 15th, 2023 by Saurenergy How is Fraunhofer’s helping the renewable energy sector in India? Fraunhofer works around science and engineering, whether it is renewable energy, production technologies, material science, smart cities, smart manufacturing, and artificial intelligence, etc. We can make solar cell battery storage systems of high quality. We are also working on several technologies simultaneously, like thins cells. […] Read more
SOFAR Introduces Prime PV & ESS Solutions at RE+ 2023, Las Vegas Updated On Thu, Sep 14th, 2023 by Saurenergy A firm that delves into PV & Energy Storage Solutions (ESS), SOFAR has made its debut at RE+, a conference on renewables in Las Vegas, with innovations tailored for utility and residential applications. The firm has indicated its intensified focus on North American solar and storage market. Across all segments of the renewable energy industry, […] Read more
Serentica Secures INR 2600 Cr Funding from PFC for Green Projects Updated On Thu, Sep 14th, 2023 by Saurenergy Vedanta backed Serentica Renewables, a C&I focused renewable energy developer, has announced that it has achieved financial closure for its upcoming hybrid renewable energy projects in Karnataka. The firm has secured the entire debt funding of INR 2600 crores from one of India’s largest power sector lenders, Power Finance Corporation Limited (PFC Ltd.). To ensure […] Read more
China On Course For 1 TW Solar Capacity By 2026, 500 GW In 2023 Updated On Wed, Sep 13th, 2023 by Saurenergy China’s solar sector is set to break records in the coming years. When installed capacity crosses the 500 gigawatts (GW) mark by the end of 2023, it will have taken 13 years to reach that milestone. That total, however, will be doubled to 1 terawatt (TW) in just three additional years. Rystad Energy modeling shows […] Read more
RWE Kicks Off Two Solar Plus Battery Projects in Garzweiler Mine Updated On Wed, Sep 6th, 2023 by Saurenergy German multinational energy firm RWE installed 58,000 photovoltaic modules in the Garzweiler opencast mine. The modules also boast two battery storage facilities. The project is supplying solar energy to over 7,250 German households per year. The project employs bifacial modules, that capture sunlight from not only both the sides, but also uses light reflected from […] Read more