Govt Releases Norms for Tariff-Based Bidding Process for RE Power with Storage Updated On Tue, Jun 13th, 2023 by Saurenergy The Ministry of Power recently released a set of guidelines for a tariff-based competitive bidding process for procuring firm and dispatchable power from grid-connected renewable energy power projects with energy storage systems. The document defined renewable power as solar generating systems, wind energy generating systems, or a combination of both, with Energy Storage Systems (ESS). It also […] Read more
Cheaper Than Imports? US Counts On Inflation Reduction Act To Galvanise RE Manufacturing Updated On Tue, Jun 13th, 2023 by Saurenergy Researchers at Dartmouth and Princeton released a report on the estimated impacts the Inflation Reduction Act will have on the US wind and solar industry, including changes in wind and solar manufacturing, labor standards for clean energy workers, job creation, and demand for materials. Specifically, the report explores the impacts of the law’s clean electricity production and investment […] Read more
Trina Solar Aims To Use 100 RE Power In Global Manufacturing By 2030 Updated On Mon, Jun 12th, 2023 by Saurenergy Solar photovoltaic module solution and energy company Trina Solar has now vowed to use 100 percent renewable energy for its global manufacturing and operations by the end of 2030. The company has outlined its plan to go net-zero with its greener ambitions. The company said that it had expanded its sustainability efforts by implementing various […] Read more
Cost-Effective, Efficient Hydrogen From Seawater Possible: Researchers, IIT Madras Updated On Mon, Jun 12th, 2023 by Saurenergy In a significant development, a team of researchers from the Department of Physics at IIT-Madras has achieved a major breakthrough in the field of seawater electrolysis. Led by Dr. Ramaprabhu Sundara, the team has successfully developed critical components that enable the efficient and cost-effective electrolysis of seawater to generate hydrogen. The findings of their study […] Read more
NTPC Issues Tender for 1.46 GW for Solar Projects Updated On Fri, Jun 9th, 2023 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) has issued a tender for the supply of solar modules for a cumulative capacity of 1.46 GW. These projects are located in Madhya Pradesh, Gujarat and Rajasthan. NTPC REL is the renewable energy arm of state-owned Indian utility NTPC Limited. The said 1.46 GW capacity entails the Shajapur Solar […] Read more
RE Projects With No PPAs, Made For Power Exchanges- CFD could Make It Possible Updated On Fri, Jun 9th, 2023 by Saurenergy In an announcement that could potentially change the landscape of renewable energy projects, the way they are procured and the flexibility, freedom enjoyed by developers and generators in the industry, new renewable energy projects can now be sold on power exchanges exclusively. Traders and project developers will interact directly for contracting supplies from these projects. […] Read more
Revfin Rings In $5 Mn From US International Development Finance Corporation Updated On Fri, Jun 9th, 2023 by Saurenergy Revfin Services Private Limited, which delves into the Indian EV financing space, has secured $5 million from the United States International Development Finance Corporation (DFC). The investment is part of DFC’s portfolio for ‘Impact and Innovation’ and seeks to promote inclusive financing for EV adoption in India. The funds raised from DFC will enable Revfin […] Read more
FIMER to Introduce PV & E-Mobility Solutions on European Stage Updated On Thu, Jun 8th, 2023 by Saurenergy Solar Inverter firm FIMER, confirming its presence at the largest European event dedicated to the energy sector, said that it is set to launch new solutions for the solar and EVI markets. These will be showcased at The Smarter Europe 2023 scheduled from the June 14 to 16, 2023 in Munich. FIMER Offerings The firm […] Read more
Charge+Zone Expects to Raise $125mn in Ongoing Series A2 Funding Round Updated On Thu, Jun 8th, 2023 by Saurenergy EV charging firm Charge+Zone, has reached completion on the first phase for the installation of more than 1,600 charging stations. These have been established across over 450 locations. At the same time, the firm has now set sights on raising $125mn crore in equity in an ongoing round of fundraising. The Founders of the firm […] Read more
