UP Set To Emerge As The Solar Energy Hub Of India: UPNEDA Updated On Wed, Jan 3rd, 2024 by Saurenergy With close to 125 projects at an estimated outlay of Rs 1 lakh crore in the pipeline in the field of clean energy, Uttar Pradesh is well in line to meet 40 percent of the state’s energy requirement through solar and alternate sources. Of these, four large solar projects worth Rs 35,000 crore will be […] Read more
Top 12 Trends Of 2023 That Created Ripples In Indian Renewable Sector Updated On Tue, Jan 2nd, 2024 by Saurenergy For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […] Read more
MERC Rejects MEDA’s Plea For 50% Local RE Procurement By Discoms Updated On Tue, Dec 19th, 2023 by Saurenergy The Maharashtra Energy Development Agency had filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) asking it to issue appropriate directions to distribution licensees (discoms) to meet 50% of total Renewable Purchase Obligation (RPO) requirement by purchase of energy from Renewable Sources within the State. Maharashtra has achieved installed capacity of 10,799 MW as […] Read more
“700+ Wp Modules Increase Generation By Around 20% Compared To Existing 580-585 Wp Range”: Sarthak Sengupta, Amplus Updated On Thu, Dec 14th, 2023 by Saurenergy Sarthak Sengupta, Vice President, Procurement, Amplus, has 17 years of experience in materials management, strategic sourcing, and procurement consulting. During his extensive professional journey, Sarthak has worked for organizations like Hindustan Petroleum Corporation Limited and Blue Star Limited, demonstrating expertise across diverse industries such as electric vehicles, renewable energy (solar, wind, battery storage, EPC), new […] Read more
India Has An Opportunity In Solar Cell Manufacturing In US Market: Devesh Sharma, Navitas USA Updated On Tue, Dec 12th, 2023 by Saurenergy The Inflation Reduction Act in the USA has paved the path for a number of Indian solar manufacturing firms to set up manufacturing units in the US market. Prominent among them is Gujarat-headquartered Navitas Solar, which announced a strategic collaboration in the US earlier. The firm, which is expanding its global footprint, will make its […] Read more
Rise In Renewables In Europe Can Curb Up to 67% Emissions: Report Updated On Thu, Nov 30th, 2023 by Saurenergy A recent event by Wood Mackenzie shared an analysis on the current growth in Europe’s flexible renewable energy. The report finds that, European power market will see its carbon intensity plummet. It accredits this rise with the change in ambitious climate-energy policies. Moreover, it finds that, flexibility to be key to enable this change, according to […] Read more
EU Witnessed Signing 7.1GW Of PPAs Till September 2023: EY Report Updated On Wed, Nov 22nd, 2023 by Saurenergy A report by Ernst & Young (EY) provided an update on the Renewable Energy Countries Attractiveness Index (RECAI), focusing specifically on offshore wind energy. According to the report, India maintained its 16th position, consistent with the previous year. India’s technological standing in Concentrated Solar Power (CSP) is noted at 34.3, while solar Photovoltaic (PV) is […] Read more
Battery Management Firm Element Energy Raises $111 Million Updated On Wed, Nov 15th, 2023 by Saurenergy US battery management firm Element Energy, a Menlo Park-based Battery Management Technology company founded in 2019, has announced the close of $111 million in capital comprised of a $73 million Series B equity investment and a $38 million debt facility provided by Keyframe Capital Partners, L.P. The Series B round is co-led by one of […] Read more
EU Solar Market Faces Challenges From China and US: ESIA Report Updated On Wed, Nov 8th, 2023 by Saurenergy The European Union’s (EU) industry association body, the European Solar PV Industry Alliance (ESIA), released a report that evaluates factors that can contribute to the de-risking and scaling up of Europe’s solar PV manufacturing. The alliance evaluates the factors affecting European industries, aiming to achieve the goal of 30 GW of domestic manufacturing capacity by 2025 and the EU’s […] Read more