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
KPI Green Bags 1.5 MW Solar Power Project From Pruthvi Textile Updated On Fri, Feb 16th, 2024 by Saurenergy KPI Green Energy, a Gujarat-based solar and hybrid power generating company, recently announced receiving a new order for a 1.5 MW solar power project from Pruthvi Textile. KPIG Energia Private Limited is a wholly-owned subsidiary of the company under the ‘Captive Power Producer (CPP)’ segment of the company. The domestic entity has awarded the project […] Read more
COVER STORY: Increased Govt Thrust Set To Give Rooftop Solar Financing A Fillip Updated On Tue, Feb 13th, 2024 by Saurenergy Days after the announcement of PM Suryodaya Yojana on January 22, its impact was felt in different parts of the country. Several states, ministries, energy regulators and companies seem to be in a race to enable faster adoption of rooftop solar. Union Minister for New and Renewable Energy already announced increasing subsidies for residential rooftop […] Read more
In 2023 China EV Witnessed 35% Rise YoY: Rystad Updated On Mon, Feb 12th, 2024 by Saurenergy Rystad, an energy research and business intelligence company recently shared insights on the ongoing trend in the electric vehicle (EV) market in 2024. According to the Rystad report, “The electric vehicle (EV) market is on track in 2024 as emissions reduction targets clash with falling consumer spending amid enduring economic uncertainty.” Rystad Energy research forecasts, […] Read more
