Investment Crunch, Discoms Twin Hurdles to India’s 2070 RE target : Moody’s Updated On Mon, Jun 13th, 2022 by Saurenergy Moody’s Investors Service said in a report on June 13 that India needs a shift in its energy mix toward renewable energy and improve financial health of state owned distribution companies (discoms) if it is to reach its net-zero emission by 2070. It is worth remembering that in just the Modi government’s tenure, we have […] Read more
Extending The Net Metering Policy To Energy Storage Devices Will Grow The Market Updated On Mon, Jun 13th, 2022 by Saurenergy Sheru, an energy storage startup supports storing energy in the cloud and solves the lack of storage problems by aggregating idle battery capacity to create a virtual energy storage platform. Sheru was started by three friends, Ankit Mittal, Shikhar Sharma, and Nakul Mehan, engineering graduates from BITS Pilani. Having helped build robotics solutions in India’s first deep […] Read more
MSEDCL Invites Bids From Across The World For Power From 500 Mw Updated On Mon, Jun 13th, 2022 by Saurenergy Taking a different path from previous bids, Maharashtra State Electricity Distribution Company Limited (MSEDCL) has invited bids from across the world to procure power from 500 MW of intrastate grid-connected solar power projects (Phase-VII) for 25 years. Previous bids meant for purchase of power were invited from both interstate or intrastate grid connected solar projects. […] Read more
Vantage Data Centers Source Green Energy from SolarAfrica Updated On Thu, Jun 9th, 2022 by Saurenergy In a significant development, Vantage Data Centers have signed a 20-year PPA with South Africa’s solar energy financing player – SolarAfrica – to enable Vantage to supplement the local grid that powers its Johannesburg (JNB1) data center campus with renewable energy. This investment will further drive the creation of renewable energy in the region by […] Read more
Despite Positive Results, Renewable Energy In Australia Faces Local Challenges Updated On Wed, Jun 8th, 2022 by Saurenergy Community protests are delaying Australia’s efforts to rebuild its overburdened electricity infrastructure, potentially delaying investments in wind and solar farms (Renewable Energy) that would be needed to replace retiring coal-fired power generation over the next 25 years. The continent sized country has long been blamed for going too slow on renewable additions, besides its high […] Read more
Canadian Solar sells 70% stake in key Brazilian solar projects to SPIC Brasil Updated On Tue, Jun 7th, 2022 by Saurenergy In a major deal in the South American renewable energy market, Canadian Solar Inc. today announced it signed an agreement with SPIC Brasil to sell 70% stake in its 738 MWp solar power projects – Marangatu and Panati-Sitia in Brazil. SPIC Brasil is a leading power generation company in Brazil. SPIC Brasil is a leading […] Read more
Jharkhand Progresses Towards Plans For 4 Solar Projects Adding Up To 80 MW Updated On Mon, Jun 6th, 2022 by Saurenergy The state government of Jharkhand is in catch up mode with plans to develop four solar power parks in the state that is expected to reduce the dependence and share of the non-renewable energy sources in the state. As per the reports, the solar power parks will be collectively of 80 MW and once all […] Read more
RE Success Could Have Prevented Frequent Power Cuts In AP Updated On Mon, Jun 6th, 2022 by Saurenergy Andhra Pradesh could have averted the power crisis over the last few months had it met its renewable energy targets. This was the finding of a report from Climate Risks Horizons, a Bengaluru based Thinktank. AP experienced more power cuts than other states in India facing a power crisis. According to the report from Climate […] Read more
First Hybrid Solar And Wind Power Project Comes Up In Kerala By ANERT Updated On Mon, Jun 6th, 2022 by Saurenergy In a novel beginning, the Electricity Minister of the Kerala Government, K Krishnankutty, has inaugurated a hybrid solar and wind energy project in the state. The renewable energy project was developed by the Agency for New and Renewable Energy Research and Technology (ANERT) as the first of this kind in Kerala at Chooralmala in Wayanad. […] Read more
