The Australia Experience: How Energy Storage is Transforming National Grids Updated On Mon, Sep 30th, 2024 by Saurenergy Energy storage has undeniably emerged as a critical component in the growth of solar energy. For much of the last decade, high installation costs and the intermittent nature of renewable energy sources were major barriers to wider adoption. However, advancements in technology and government subsidies have significantly reduced these costs, with increased competition and production […] Read more
First Solar Opens New Module Manufacturing Unit In US Updated On Fri, Sep 27th, 2024 by Saurenergy American solar module maker First Solar opened its $1.1 billion solar manufacturing facility in Lawrence County, Alabama. The new manufacturing plant adds 3.5 gigawatts (GW) of solar production capacity and is expected to create over 800 high-tech jobs in the region. First Solar has been a key beneficiary of the move to reduce dependence on […] Read more
Jio-bp Reaches 5000 Charging Points Milestone with 500th Station In Mumbai Updated On Thu, Sep 26th, 2024 by Saurenergy Anant Mukesh Ambani, Director, Reliance Industries Limited (RIL) and Murray Auchincloss, CEO, bp inaugurated the 500th Jio-bp pulse EV-charging station of Jio-bp, a fuels and mobility joint venture between RIL and bp. The commissioning of the EV-charging station enables access for guests at the Nita Mukesh Ambani Cultural Centre, Jio World Plaza and Jio World […] Read more
SWREL Gets New Orders Of Rs. 512 Cr From Gujarat, Maharashtra Updated On Tue, Sep 24th, 2024 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWREL), a domestic renewable EPC received two new domestic orders from Private (IPPs) valued at Rs. 512 crore. It received this order from Gujarat and Maharashtra. It received an order for Engineering, Procurement, and Construction of a 200 MW AC / 250 MWp DC PV plant for a PV […] Read more
Fiscal Year 2024: World Bank Provides $42.6 Bn Climate Finance Updated On Fri, Sep 20th, 2024 by Saurenergy The World Bank Group delivered a record $42.6 billion in climate finance in fiscal year 2024—from July 1, 2023, to June 30, 2024, according to its ‘Climate Finance Fiscal Year 2024 Snapshot’. This is a 10% increase in climate finance compared to the previous year. At COP28, the World Bank Group committed to increasing its […] Read more
RE Project Delays Can Halt Global 2030 Targets: IEA Updated On Wed, Sep 18th, 2024 by Saurenergy Globally, the recent shift in solar PV and wind demand highlights the urgent need for timely integration of these technologies. Such integration is crucial for achieving global decarbonization goals and can significantly contribute to meeting growing electricity demands by 2030. The International Energy Agency (IEA), in its recent report titled “Integrating Solar and Wind: Global […] Read more
Jakson Green Signs MoU With REC For Solar IPP Projects Updated On Tue, Sep 17th, 2024 by Saurenergy Renewable energy project developer Jakson Green today announced taking another step towards accelerating India’s clean energy transition with the signing of a ₹1,420 Crore Memorandum of Understanding (MoU) with REC Limited for our solar IPP projects. “This investment will significantly boost renewable energy capacity, directly reducing reliance on fossil fuels and cutting carbon emissions. Beyond […] Read more
Re-Invest 2024- Firms Parade 480 GW Capacity Addition Plans Updated On Tue, Sep 17th, 2024 by Saurenergy At the fourth edition of Re-invest 2024, you might be tempted to believe that India’s renewable energy targets are as good as met. At least, going by the line up of firms queuing up to make their commitments public. In a spectacle suitably titled ‘Shapath Patra’ or agreements signed at the event, firms made the […] Read more
KSEB Signs Pact With SECI For 500 MW Solar Power Updated On Fri, Sep 13th, 2024 by Saurenergy The Kerala State Electricity Board (KSEB) has now signed an agreement with the Solar Energy Corporation of India (SECI) to boost the growth of solar energy in the southern state. This new deal is aimed at reducing power purchase costs by at least 10%. With this collaboration, the state board plans to add 500 MW […] Read more
