Winding Up: Global Offshore Wind Installations To Surpass 520 GW by 2040 Updated On Fri, Aug 23rd, 2024 by Saurenergy Global offshore wind projects are set to defy all predictions of doom and gloom, based on energy research firm Rystad’s Predictions. Offshore wind energy, which has been in the news in recent months for all the wrong reasons, be it inflationary pressures, supply chain disruptions, exemplified by postponed permitting processes, delayed auctions and slow supply […] Read more
GUVNL Issues Tender For 500 MW Solar Projects Updated On Thu, Aug 22nd, 2024 by Saurenergy GUVNL recently released a tender for the procurement of power through a competitive bidding process for a 500 MW Grid Connected Solar Photovoltaic Power Projects to be set up /under construction / already commissioned projects anywhere in India with Greenshoe option of additional capacity up to 500 MW without energy storage. The tender’s last date […] Read more
PM Surya Ghar: Technical Glitches Affecting Final Approvals By Discoms Updated On Wed, Aug 21st, 2024 by Saurenergy Technical glitches in the PM Surya Ghar portal continue to frustrate stakeholders across the rooftop solar industry. While initial issues related to consumer applications and document uploads by both consumers and vendors have seen some improvement, discoms (distribution companies) are still grappling with several persistent glitches that disrupt the entire process. Many rooftop solar consumers […] Read more
Lower CUF: MERC Declines ACME’s Plea For Penalty Exemption Updated On Wed, Aug 21st, 2024 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC), in its latest judgment, declined to grant ACME any relief for its shortfall in meeting the committed Capacity Utilisation Factor (CUF) from its 300 MW solar project at Bhadla in Rajasthan. ACME had signed a Power Purchase Agreement (PPA) with the Maharashtra State Electricity Distribution Co Ltd (MSEDCL) to […] Read more
News Briefs Aug 21- Quartz Sand Price Drop, Engie’s Victoria PV Plant, Lighsource bp Updated On Wed, Aug 21st, 2024 by Saurenergy Lightsource bp In Tie-up with German Developer for 500MWp Of Solar In Germany Solar and battery storage developer Lightsource bp, which has a target of 500 MW of solar in Germany by 2030, has signed an agreement with German developer Kajoni Energie to build over 500MWp of solar PV capacity in the country. Kajoni will […] Read more
Google in 1.5 GW Pact With Energix For Renewable Power, Credits Updated On Wed, Aug 21st, 2024 by Saurenergy Energix Renewables, a leader in the U.S. renewable energy sector and part of the Energix Group, has announced the signing of a strategic long-term agreement with Google. The agreement will initially cover 1.5GWp of solar project development until 2030. Future expansion options will include, Energix supplying electricity and Renewable Energy Credits (RECs) generated from its […] Read more
Is Community Solar A Key Piece In India’s Clean Energy Strategy? Updated On Tue, Aug 20th, 2024 by Saurenergy India’s ambitious renewable energy targets highlight a promising model for democratizing access to clean energy—community solar. Despite the global momentum and success stories, community solar has faced hurdles in gaining traction within India. With existing financial support for various clean energy schemes, the path from concept to a widespread adoption has not been smooth in […] Read more
APTEL Accepts SGD As Change In Law, Relief Likely For Developers Updated On Tue, Aug 20th, 2024 by Saurenergy In a case that involved a bunch of similar petitions from developers in Rajasthan executing projects worth 950 MW, and another batch in Andhra Pradesh involving projects worth 750 MW, the Appellate Tribunal for Electricity, has provided some measured relief for the developers involved. The petitions bunched together by the APTEL bench involved the acceptance […] Read more
Q1 Results: ReNew Sees 86% Decline In Net Profits Updated On Fri, Aug 16th, 2024 by Saurenergy Renewable energy company ReNew today announced the financial results (unaudited) of first quarter of financial year 2024-25. The NASDAQ-listed company said that it has seen a surge in its operating capacity by around 24 percent Year on year. ReNew’s clean energy contracted portfolio was ~15.6 GW as of Aug 15, 2024. The company said that […] Read more
