Solar Bids Below Rs 2? BCD Holds Up Solar Tariffs In India Updated On Thu, Sep 28th, 2023 by Saurenergy Even as prices of China-made solar cells and modules continue to slide to unprecedented lows, power consumers are likely to benefit only partially, thanks to the Basic Customs Duty (BCD) of 40 percent that the government has on module imports, besides the 25% on solar cell imports. While the drop in prices is welcome to […] Read more
Pexapark Infused with Funding Worth €20m in Series C Round Updated On Tue, Sep 26th, 2023 by Saurenergy Pexapark, a Switzerland-based firm that helps make PPAs for renewables, has been injected with funding worth €20m in Series C round. The fresh funding round was led by Telstra Ventures, a global investor in technology. It also saw participation from Swisscom Ventures and the A&G Energy Transition Tech Fund. “This fresh injection of capital takes […] Read more
Solar Power Costs Dipped 87% Globally In Last 10 Years: Study Updated On Tue, Sep 26th, 2023 by Saurenergy A recent report by the Mercator Research Institute on Global Commons and Climate Change claimed that the cost of electricity from solar power globally has fallen by 87 percent in the last 10 years. At the same time, the cost of battery storage plummeted by 85 percent during the same period. The recent innovation in […] Read more
EIB’s €200 Million Loan To CTP To Finance Its Ambitious Solar Energy Roll-Out Updated On Thu, Sep 21st, 2023 by Saurenergy European renewable energy conglomerate CTP has announced that it has secured €200 million in financing from the European Investment Bank (EIB) for the roll-out of its large-scale programme of solar panel installation across its European business park portfolio. CTP is Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable […] Read more
Green RTC Power Possible At Rs 6/unit If Green Hydrogen Is Used For Storage: Singh Updated On Fri, Sep 15th, 2023 by Saurenergy Union Minister for New & Renewable Energy RK Singh said that round-the-clock (RTC) renewable energy would cost about Rs 6 per unit if Green Hydrogen is used for storage. He was speaking at the Special Ministerial Session of the Fourth International Conference & Exhibition on Clean Energy in New Delhi today. Singh said that the […] Read more
Shakti Pumps Secures Order for 10,000 Pumps from UP Govt Updated On Fri, Sep 15th, 2023 by Saurenergy Shakti Pumps Ltd has secured a letter of award to the tune of INR 293 crore from the Department of Agriculture, Uttar Pradesh. The order is for 10,000 pumps. “Shakti Pumps (India) Limited has received Letter of Award under PM- KUSUM III scheme under component-B from Department of Agriculture, Uttar Pradesh for 10,000 pumps,” Shakti […] Read more
ENEL Adds Battery Storage As Texas Grapples With Extreme Demand Swings Updated On Fri, Sep 15th, 2023 by Saurenergy Enel North America, a key energy utulity in the US and Canada, has more than tripled its operational utility-scale storage capacity this summer by bringing five new battery energy storage systems (BESS) online in Texas. The new batteries add over 369 MW / 555 MWh of dispatchable energy storage to the Texas power grid, helping increase grid […] Read more
Solar Grade Nitric Acid Exemplifies Innovation & Progress in India’s Solar Sector Updated On Wed, Sep 13th, 2023 by Saurenergy In recent years, India has become a major player in the global solar energy scenario. By February 2023, the country had an impressive total renewable energy capacity of 168.96 gigawatts (GW), including 64.38 GW from solar power. However, to meet the 2030 goal of reaching 280 GW in solar capacity, India needs to add about […] Read more
Battery Swapping Can Reduce EV Costs Drastically: Kavinder Khurana, MD, TeslaPower Updated On Mon, Sep 11th, 2023 by Saurenergy Why Tesla Power USA invested in India. How much potential do you see here? Tesla Power USA is a United States (US)-based entity. It has invested heavily in battery rejuvenation technology. The company was launched in India in September 2021. Globally, it operates in 18 countries. It includes four countries in Latin America, seven in […] Read more
