India’s Annual RE Capacity To Remain At 15-18GW Over FY25-FY26: Report Updated On Thu, May 16th, 2024 by Saurenergy India Ratings and Research (Ind-Ra) expects the annual renewable capacity addition to maintain pace and remain at 15-18GW over FY25-FY26, owing to a significant reduction in equipment prices, continued policy support, availability of liquidity and investment plans of some of the large corporate players in the renewable sector for growth. However, the execution timelines of […] Read more
IEX Year End Review: DAM Prices Witness A Decline In FY24 Updated On Thu, May 16th, 2024 by Saurenergy Indian Energy Exchange (IEX) in its audited financial results for the fourth quarter & year ended March 31, 2024, found a total volume in FY24 to reach 110.1 BU which is a 13.7% YoY increase. In the audited standalone IEX financial results for the fourth quarter and financial year ending March 31, 2024, the company reported an increase in its revenue in FY’24 at Rs.550.8 […] Read more
SJVN, Hero Future Energies Sign PPA For 120 MW AP Solar Project Updated On Wed, May 15th, 2024 by Saurenergy SJVN Limited (SJVN), an Indian Public Sector Undertaking (PSU), recently signed a Power Purchase Agreement (PPA) with Hero Future Energies. The company singed this agreement with SJVN Limited for a 120 MW Firm and Dispatchable Renewable Energy (FDRE) project to be developed in Andhra Pradesh. Under the agreement, the project is expected to be commissioned […] Read more
Exicom Launches DC Chargers With Power Outputs Up To 400kW Updated On Wed, May 15th, 2024 by Saurenergy Exicom, an electric vehicle (EV) charging and critical power solutions provider in India, launched fast DC Chargers up to 400kW. The newly launched Harmony Gen 1.5 DC Fast Chargers are bundled with a range of advanced features including an advanced AI-driven remote management system. It has high operational efficiency, integrated ambient lighting, and many features […] Read more
Australia Plans To Boost Local Solar Module Manufacturing, Allocates Funds Updated On Wed, May 15th, 2024 by Saurenergy The Australian government has now planned to boost its solar module manufacturing locally. The government yesterday in its latest budget had also announced special packages for boosting solar module manufacturing and renewable energy in the region. As per the budget document of the government, the Australian government will allocate $3.2 billion on the next one […] Read more
Hitachi Energy Inks 3.5 GW Wind Power Transmission Deal In US Updated On Wed, May 15th, 2024 by Saurenergy Hitachi Energy announced that it has signed a multi-year agreement with Pattern Energy to support its high-voltage direct current (HVDC) technologies for the SunZia Transmission Project. The link will connect the 3,515-megawatt (MW) SunZia Wind project in New Mexico to Arizona and Western states, which will be one of the world’s largest transmission links delivering […] Read more
GIB Row: CERC Grants Compensation To PFC In Case Involving Adani Green Updated On Wed, May 15th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgement allowed compensation to Fatehgarh Bhadla Transmission Limited (FBTL) due its increased project cost due to the Great Indian Bustard (GIB) row. FBTL is a Special Purpose Vehicle (SPV) of the PFC Consulting Limited. It was created to develop a transmission system for ultra mega solar […] Read more
Senior Primary Design Engineer Updated On Wed, May 15th, 2024 by Saurenergy To act in a senior technical capacity in producing WSP engineering related project deliverables relating to Primary Engineering for Transmission & Distribution, Renewable (Onshore & Offshore wind/ Solar), BESS projects. This includes (but not limited to): Draft proposals and develop scopes, including conceptual designs and execution plans. Generate engineering cost and man-hour estimates, as well […] Read more
US Utility Solar Capacity Crosses 100 GW Updated On Wed, May 15th, 2024 by Saurenergy The American Clean Power Association (ACP), in its quarterly report for the US states that 2024 has begun on a strong note with Q1 seeing U.S. utility-scale solar, wind, and storage sectors adding a combined 5,585 megawatts (MW) of new capacity.This is an increase of 28% compared to installations in the same period a year […] Read more