GoodWe Inaugurates Global Partner Summit at New Headquarters Updated On Tue, Nov 19th, 2024 by Saurenergy GoodWe, a global company offering solar inverter and energy solutions, inaugurated its first Global Partner Summit at its new global headquarters in Suzhou, China. Themed Empowering Future of Energy Together: Opportunities, Challenges, and Collaborations, the event gathered 500 industry players worldwide to foster collaboration, exchange insights on industry dynamics, and showcase GoodWe’s latest innovations accelerating […] Read more
Saatvik Partners With MSEDCL For Supplying 250 Solar Pumps Updated On Wed, Nov 13th, 2024 by Saurenergy Indian solar module manufacturer Saatvik Green Energy has partnered with the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) to supply solar powered submersible pumps at 250 sites across the state. The high-efficiency pumps range from 3HP to 7.5HP enhancing water access and supporting irrigation. These are 100% stainless steel pumps with high-efficiency motors & controllers, […] Read more
BII, Norfund & IndiGrid Enter 300 Mn Partnership To Expand BESS Project In India Updated On Wed, Nov 13th, 2024 by Saurenergy IndiGrid, a power sector infrastructure investment trust (InvIT), formed a new platform, EnerGrid in partnership with British International Investment (BII), UK’s development finance institution and impact investor, along with the Norwegian Climate Investment Fund, managed by Norfund. This platform focuses on developing greenfield transmission and standalone Battery Energy Storage System (BESS) projects in India. The […] Read more
Five Takeaways From CERC’s Short-Term Power Market Report Updated On Thu, Nov 7th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) has published its annual report on the short-term electricity market for 2023-24. The report sheds light on the growth of the short-term market in the country, the rise of power transactions through power exchanges, and other topics. Following are the five main takeaways from the report- Short-term market is […] Read more
IFC Invests $400Mn To Support Bajaj Finance Climate Fundraising Updated On Thu, Nov 7th, 2024 by Saurenergy The International Finance Corporation (IFC), the World Bank’s private sector focused entity that offers investment, advisory, and asset-management services recently partnered with NBFC Bajaj Finance Limited (BFL) to invest $400 million. This is part of a $1 billion fundraising initiative by BFL. BFL raised IFC’s $400 million loan to expand financing options for customers buying […] Read more
IEX October Power Market Updates- Soft Demand Leads to Lower Prices Updated On Wed, Nov 6th, 2024 by Saurenergy Indian Energy Exchange, India’s premier electricity exchange, achieved electricity traded volume of 9,642 MU in October’24, marking a 4% year on year increase. During the month, IEX traded 4.44 lakh renewable energy certificates recording a 105% year on year increase. According to government data published in October 2024, the country’s energy consumption reached 140.4 BUs, […] Read more
Public Capital and Solar Firms- Made For Each Other? Updated On Mon, Oct 28th, 2024 by Saurenergy What a difference four years can make! It was just over four years ago in September 2020 when SaurEnergy wrote about how access to capital markets was a glaring disadvantage for India’s aspiring solar firms vis-a-vis China. Highlighting the contrasting performances of the few listed firms then, namely, Adani Green (Developer), Sterling and Wilson Solar […] Read more
Hoymiles Microinverters Offer An Efficient Opportunity To Ride The Solar Boom In India Updated On Mon, Oct 21st, 2024 by Saurenergy India has emerged as one of the fastest-growing solar markets in the world. With government policies, technological advancements, and increasing demand, solar power is poised to become a mainstream energy source in India’s clean energy transition. Why is it the best time to go solar in India? The year 2024 represents a promising start for […] Read more
CERC Takes Into Account PSPs, Offshore Wind, Changes Transmission Rules Updated On Mon, Oct 21st, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) has made changes to the rules about how costs are shared for using the Inter–State Electricity Transmission System (ISTS) These new rules have been named CERC (Sharing of Inter-State Transmission Charges and Losses) (Fourth Amendment) Regulations, 2024. For power plants that connect to both the national (inter-State) and local […] Read more
