Govt Releases Framework For Promoting Energy Storage Updated On Mon, Sep 4th, 2023 by Saurenergy The Ministry of Power has now released a detailed framework for promoting energy storage systems (ESS) in the country. The framework includes the promotion of battery storage systems as well as pumped storage systems. The ministry guidelines advocated for a Viability Gap Funding (VGF) of up to 40 percent of the project’s capital cost to make […] Read more
Drop In Solar Costs Put At 3% by IRENA for 2021-22 Period Updated On Mon, Sep 4th, 2023 by Saurenergy The International Renewable Energy Agency (IRENA) has published a report into the cost of producing power in 2022, putting the drop in levelised cost of electricity (LCOE) in the solar PV sector at 3% in 2022, and 89% between 2010 and 2022. The findings will be no surprise to industry insiders, considering how the drop […] Read more
Sungrow Reaches 15 GW Order Milestone in Latin America Updated On Mon, Sep 4th, 2023 by Saurenergy Sungrow, ranked by some measures as the leading inverter and energy storage system supplier, announced its cumulative PV inverter orders signed in Latin America have reached 15 GW, among which the primary momentum is Brazil with 10 GW, during Intersolar South America on August 29-31, 2023. In addition, the Company introduced several innovations including the new three-phase 220V string […] Read more
Australia’s Iron Ore Industry Faces Challenges in Decarbonizing Steel Updated On Fri, Sep 1st, 2023 by Saurenergy A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) warns that Australia’s iron ore industry is at risk of losing ground to other countries as they move to meet growing global demand for green iron. The report states that the quality of the ore from Australia’s primary iron ore-producing region, the Pilbara, mainly […] Read more
Largest Procurement Effort for US Community Solar as Nexamp Orders 1.5 GW Solar Modules Updated On Fri, Sep 1st, 2023 by Saurenergy In what is touted as the largest procurement initiative for community solar in US, Boston’s community solar developer, Nexamp, has placed an order worth 1.5 GW of solar modules from Heliene, a manufacturer of solar photovoltaic modules in American and Canadian facilities “A solar order of this size is without precedent and comes at a […] Read more
Google & Apex Clean Energy Join Forces for Timbermill Wind Project of 189 MW Capacity Updated On Fri, Sep 1st, 2023 by Saurenergy US-based firm, Apex Clean Energy, which delves into the origination, commercialization, construction, and operation of utility-scale wind energy facilities has joined hands with Google for 189 MW worth of capacity for the Timbermill Wind project. The wind project will be established in North Carolina, USA. The said wind project will aid Google, which is eyeing carbon-free […] Read more
Chandigarh Admin Pegs BOT Model for Installation of Free of Cost Rooftop Solar at 22.5 Years Updated On Fri, Sep 1st, 2023 by Saurenergy In a recent development for rooftop solar plants across the city of Chandigarh, the city administration has given its nod to the CREST (Chandigarh Renewable Energy Science and Technology Promotion Society) to peg the build, operate and transfer (BOT) model for twenty two and a half years in the city. The idea for the installation […] Read more
India’s Top 5 Module Manufacturers By Highest Module Efficiencies Basis ALMM List Updated On Fri, Sep 1st, 2023 by Saurenergy The Ministry of New & Renewable Energy has updated the Approved List of Models and Manufacturers (ALMM). The validity stands from March 10, 2023 to March 10, 2027. The ALMM list lays down the approved manufacturers whose modules can be used for government supported projects in India. Currently, there is a temporary exemption till March […] Read more
4GW Rooftop Solar Capacity In India Likely By 2024 End: IEEFA Report Updated On Fri, Sep 1st, 2023 by Saurenergy A latest report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics claimed that India’s rooftop solar market is likely to add a record 4 Gigawatt (GW) of capacity in the fiscal year of 2024. The report claimed that the sector is on its way to overcoming several major roadblocks. […] Read more
