Clean Energy Investment Double The Fossil Fuel Amount This Year: IEA Updated On Fri, Jun 21st, 2024 by Saurenergy Global spending on clean energy technologies and infrastructure is on track to hit $2 trillion in 2024 even as higher financing costs hinder new projects, notably in emerging and developing economies, according to a report by the International Energy Agency (IEA). Despite pressures on financing, global investment in clean energy is set to reach almost […] Read more
Waaree, Loom Solar Aim To Lead In Direct Sales Of PV Panels To Consumers Updated On Thu, Jun 20th, 2024 by Saurenergy Editorial Note: The copy earlier mentioned that Adani Solar is set to sell solar panels to consumers through its recently opened center in Bangalore. This is to clarify that the Bangalore center of Adani Solar was meant only for consumer awareness and not for direct sales to consumers. Reference to Adani Solar in the story […] Read more
Top 5 Non-Chinese Solar Inverter Manufacturers Updated On Thu, Jun 20th, 2024 by Saurenergy A Solar inverter is one of the crucial components of solar panel systems, which converts the direct current (DC) generated by solar panels into alternating current (AC), which is suitable for powering household appliances, businesses, and the electrical grid. Needless to say, the solar inverter market growth is analogous to the growth of solar power […] Read more
Only 10% Coal Plants To Be Decommissioned By 2030: Report Updated On Thu, Jun 20th, 2024 by Saurenergy Only 10% of the world’s existing coal power capacity is slated for decommissioning by 2030. More coal decommissioning transactions can be closed in the next three to five years, according to a report by IEEFA. Governments, investors and philanthropic organisations should invest the effort to identify these opportunities. The decarbonisation of electricity in emerging market […] Read more
MAHAGENCO Issues Tender Seeking EPC Contractors For Solar Project Updated On Thu, Jun 20th, 2024 by Saurenergy Maharashtra State Power Generation (MAHAGENCO) recently released a tender inviting bids under two systems, technical/commercial and price bid. The MAHAGENCO seeks bidders to select EPC contractors for the design, engineering, supply, erection, testing, and commissioning of 65 MWAC capacity crystalline solar PV technology. The project is located in a village in Lakhmapur, Taluka in Chandrapur […] Read more
Cabinet Approves Viability Gap Funding For Offshore Wind Updated On Thu, Jun 20th, 2024 by Saurenergy The Indian Union Cabinet chaired by Prime Minister Narendra Modi recently approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects. The total outlay of the scheme stood at Rs 7,453 crore. The fund included an outlay of Rs 6,853 crore for the installation and commissioning of 1 GW of offshore wind energy […] Read more
LONGi Showcases Black Back Contact Module At Intersolar 2024 Updated On Thu, Jun 20th, 2024 by Saurenergy Leading Chinese solar PV module manufacturer LONGi has launched a new black dual-glass back contact module with a 22.3% conversion efficiency. Targeted at the European market, the new module hopes to meet higher aesthetic standards and minimum efficiency expectations from the demanding European market. Besides the Ultra black, LONGi is showcasing five module innovations based […] Read more
Gensol Engineering Allotted Additional 250 MW (500 MWh) for GUVNL’s BESS Project Updated On Thu, Jun 20th, 2024 by Saurenergy Gensol Engineering Ltd. has received the second tranche under greenshoe option allotment of 250 MW/500 MWh from Gujarat Urja Vikas Nigam Limited (GUVNL) for standalone Battery Energy Storage Systems (BESS) project to reach 500 MW / 1000 MWh. According to Gensol, the project including first and second tranche will generate a total revenue of INR […] Read more
Vestas Gets 577 MW Order For 1.3 GW Australia Wind Project Updated On Wed, Jun 19th, 2024 by Saurenergy Vestas has been awarded the Engineering, Procurement, and Construction (EPC) for the second stage of Golden Plains Wind Farm in Australia. The second stage will feature 93 of Vestas’ V162-6.2 MW wind turbines from the EnVentus platform. Vestas is currently delivering the 756 MW EPC contract for the first stage. The extension will provide an […] Read more
