Conference on Distributed Renewable Energy for Sustainable Development Updated On Wed, Feb 28th, 2024 by Saurenergy Power Foundation of India organized a conference on “Distributed Renewable Energy for Sustainable Development” in New Delhi, on 27th February 2024. The Conference was organized in collaboration with Climate Policy Initiative. The Conference brought together key stakeholders from the Government, Private and Public sectors, and policy think tanks. Notable participants included Bhupinder Singh Bhalla, Secretary, […] Read more
EESL Invites Bid For 70 MW Solar Project in Maharashtra Updated On Tue, Feb 27th, 2024 by Saurenergy Energy Efficiency Services Limited (EESL), a joint venture of Union Power Ministry, has issued tenders seeking bids for 70 MW of Solar Power Generating Systems. The tender is regarding design, engineering, supply, construction, erection, testing, commissioning, operation, and comprehensive maintenance service contract of 12 years for up to 70 MW of Solar Power Generating Systems […] Read more
Largest Solar Battery Project By SECI Commissioned in Chhattisgarh Updated On Mon, Feb 26th, 2024 by Saurenergy Solar Energy Corporation of India Limited (SECI), under the Ministry of New and Renewable Energy, has commissioned India’s largest Battery Energy Storage System (BESS). The project was inaugurated by PM Modi on February 24. The 40 megawatts (MW) / 120MWh BESS with a solar photovoltaic (PV) plant which has an installed capacity of 152.325 megawatt […] Read more
Global Solar Installations Could Touch 574 GW In 2024, Predicts BloombergNEF Updated On Thu, Feb 22nd, 2024 by Saurenergy The latest report by energy think tank BloombergNEF forecasts that there could be solar installations of capacity as high as 574 GW this year. The new global PV outlook report says the new installations hit 444 GW in 2023 instead of having peaked at 413 GW as was predicted earlier by BloombergNEF. The research further […] Read more
PSP Emerges Cost Competitive To BESS: CareEdge Ratings Analysis Updated On Thu, Feb 22nd, 2024 by Saurenergy CareEdge Ratings a research-based company in its recent estimate for this year found PSP and BESS to be two leading technologies for energy storage. The CareEdge report found that Pumped Storage Projects (PSP) and Battery-Energy Storage Solutions (BESS) technology can become leading technologies in the mainstream mediums for energy storage. It holds the potential to […] Read more
IEA Announce To Setup It First Southeast Asia Office In Singapore Updated On Wed, Feb 21st, 2024 by Saurenergy International Energy Agency (IEA) recently announced the establishment an IEA Regional Cooperation Centre, in Singapore. It mentioned it to be IEA’s first office outside of its headquarters (HQ) in Paris, France. The announcement was made during the IEA’s 50th Anniversary Ministerial in Paris. IEA announcement, “This headquarter will work with all countries in Southeast Asia […] Read more
BluSmart, TATA Power Sign 30 MW PPA To Procure Green Energy Updated On Wed, Feb 21st, 2024 by Saurenergy BluSmart, an eMobility ride-hailing service and electric vehicle (EV) charging infrastructure network provider, announced a multi-year Power Purchase Agreement (PPA) with Tata Power Trading Company Limited (TPTCL) a wholly owned subsidiary of Tata Power. The PPA will allow BluSmart to source green power from TPTCL. This collaboration marks a significant step towards BluSmart’s commitment to […] Read more
Goa Govt, PFC Collaborate To Set Up Blended Finance Facility With World Bank Updated On Wed, Feb 21st, 2024 by Saurenergy Power Finance Corporation (PFC), a NBFC, power sector PSU and renewable energy financier in India, collaborated to support the climate ambitions in Goa. They signed a Memorandum of Understanding (MoU) to support the climate ambitions of the state of Goa. The support extended would be under the Blended Finance Facility being set up by Goa […] Read more
IREDA To Establish Subsidiary For Retail Finance Updated On Wed, Feb 21st, 2024 by Saurenergy In a clear sign of its determination to go it alone if required for achieving solar rooftop targets, the Chairman and Managing Director (CMD) of Indian Renewable Energy Development Agency Ltd. (IREDA), Pradip Kumar Das has confirmed IREDA’s plans for establishing a subsidiary to cater to retail projects encompassing Rooftop Solar, PM-KUSUM, Electric Vehicles, and other […] Read more
