Centre Amends Electricity, Late Payment Surcharge Rules 2022 Updated On Mon, Mar 4th, 2024 by Saurenergy The Central government has amended the Electricity (Late Payment Surcharge and Related Matters) Rules of 2022 to ensure an adequate supply of electricity and to meet the growing demand in the country. The government amended the rule to ensure the optimum utilisation of available power-generating capacity. These amendments are expected to enhance the reliability of […] Read more
Gautam Solar Cracks Notable Deal In Ghana Updated On Mon, Mar 4th, 2024 by Saurenergy India’s solar module manufacturers have for long targeted the US and other developed markets for exports, considering the intense Chinese competition in other markets. In that context, an announcement by leading manufacturer Gautam Solar, of a successful export of cutting-edge solar modules to Ghana deserves notice. Despite intense competition from Chinese manufacturers dominating the African market, […] Read more
XPENG, Volkswagen Enter Master Agreement On Joint Sourcing Programme Updated On Thu, Feb 29th, 2024 by Saurenergy XPeng, a Chinese smart electric (Smart EV) vehicle company, and the Volkswagen Group, an automobile manufacturer, recently entered into a master agreement on platform and software strategic technical collaboration. Under the master agreement, both parties have entered into a joint sourcing programme for the common parts of vehicles and platforms that are used by both […] Read more
SaurEnergy Explains- Reconductoring, A Solution For a Renewable Powered Grid? Updated On Thu, Feb 29th, 2024 by Saurenergy The power sector, by most estimates, accounts for close to 40% of carbon emissions worldwide. That has made it the focal point of efforts to reduce emissions, seen mainly in the shift towards renewable energy, and linked to that, the electrification of more and more parts of the economy, as seen in the transportation sector. […] Read more
Chhattisgarh Invites Bids For 20,000 Solar Water Pumps Across State Updated On Thu, Feb 29th, 2024 by Saurenergy Chhattisgarh Renewable Energy Development Agency (CREDA) has issued a tender inviting online bids to install 20,000 solar water pumps across the state. The tender pertains to standardisation of rates for survey, design, manufacture, supply, transport, installation, testing, and commissioning of off-grid Solar Photovoltaic Water Pumping Systems (SPWPS) of capacities 02, 03 & 05 (HP) anywhere […] Read more
Global Solar Outlook 2024- BNEF Expects 655GWdc Addition In Best Case Updated On Thu, Feb 29th, 2024 by Saurenergy Amid early expectations of a possible stall in China’s solar additions in 2024, comes the latest Global PV Market Outlook from BNEF. The report has projected up to 655GWdc of solar PV capacity additions this year in its optimistic scenario, with its conservative forecast projecting 520GWdc. For the record, it tracked 444GWdc of solar capacity […] Read more
MNRE Finalises BESS Mechanisms For ‘Round-the-Clock’ Renewable Energy Updated On Mon, Feb 26th, 2024 by Saurenergy A meeting was held by Union Minister for Power and New & Renewable Energy RK Singh on February 22 regarding finalising the structure for operationalizing the scheme for Viability Gap Funding (VGF) for the development of Battery Energy Storage Systems (BESS) with a capacity of 4,000 Megawatt Hours (MWh). The minister emphasised that the price […] Read more
Sembcorp RE Acquisition In China, India Rose By 42% YoY In 2023 Updated On Tue, Feb 20th, 2024 by Saurenergy Singapore-based Sembcorp Industries (Sembcorp) recently posted a strong performance for the year of 2023 (FY2023). They recently announced that they made a turnover of S$7.0 billion compared to S$7.8 billion in FY2022. Sembcorp said, “The group net profit before exceptional items (EI) grew 38% year-on-year to S$1.0 billion from S$739 million in FY2022, with higher […] Read more
Goa State Industries Association (GSIA) Eyes 20-MW Expansion In Rooftop Solar Updated On Tue, Feb 20th, 2024 by Saurenergy As Goa strives to increase the installed capacity of its solar power, the industry of the state also seems to be on the same path. In a key development, the Goa State Industries Association (GSIA) will be supporting local manufacturing units to get rooftop solar power plants. The objective of GSIA is to generate 20 […] Read more
