MoP Warns States Against Levying Charges On Power Generation Updated On Thu, Oct 26th, 2023 by Saurenergy The Ministry of Power (MoP) has now issued an order asking states to not levy any additional charges on the generation of electricity from any source ranging from hydropower, thermal to renewable. The ministry even termed the events as “unconstitutional and illegal”. “It has come to the notice of the Government of India that some State Governments […] Read more
Solar Accounted For 60% Of New Generation Capacity In Last 5 Years: IEA Updated On Wed, Oct 25th, 2023 by Saurenergy The International Energy Agency (IEA) report titled “World Energy Outlook”, shares an update on India’s initiative to build energy security and reduce greenhouse gas emissions. The report states that recent events, such as rising heatwaves and other extreme weather events, have not caused a significant increase in greenhouse gas emissions. It further adds that it […] Read more
European Green Deal Law Aided In Increased RE Deployment: Report Updated On Wed, Oct 25th, 2023 by Saurenergy The European Union (EU) shared a report titled ‘The State of the Energy Union’ 2023, by the European Commission. The report looks back on the EU response to the unprecedented energy crisis of the past two years. It assesses the state of play with the green transition at the national and global levels. It further […] Read more
IndiGrid Scores Maiden Win for 20 MW/ 40 MWh Battery Energy Storage System Project Updated On Wed, Oct 25th, 2023 by Saurenergy IndiGrid (BSE: 540565 | NSE: INDIGRID), India’s first power sector InvIT, has received the Letter of Intent (LOI) / Letter of Award (LOA) from BSES Rajdhani Power Limited (BRPL) to look into the design, supply, testing, installation, commissioning, operation and maintenance of 20 MW/40 MWh BESS in Delhi. The project is envisaged on build, own, […] Read more
The Future of Solar Fabrication: Emerging Trends to Watch Updated On Wed, Oct 25th, 2023 by Saurenergy As the world grapples with the consequences of climate change and transitions to cleaner and more sustainable energy sources, solar energy remains as a bright beacon of hope in the renewable energy landscape. Solar power accounts for 4.5% of the world’s electricity and is the third largest renewable electricity technology, behind hydropower and wind. However, the future […] Read more
Flexible Energy Solution Key Towards Decarbonization: EEA Updated On Wed, Oct 25th, 2023 by Saurenergy The European Environment Agency (EEA) recently published a report titled ‘Flexibility Solutions for Decarbonization: Securing the EU Electricity System.’ This report highlights a significant surge in renewable energy capacity, specifically in solar and wind energy, which is expected to increase from 24% to 60% of the total renewable energy capacity. The report indicates that this development will […] Read more
Solar the Star In Volatile Australian Electricity Market Updated On Mon, Oct 23rd, 2023 by Saurenergy As per a release from Rystad Energy Research, Australia’s power market has emerged as the most volatile in the world as unexpected losses of supply from unplanned coal generation outages and transmission line issues related to natural disasters lead to huge price fluctuations. However, in all these, solar has emerged as the star, helping keep […] Read more
SECI’s Aggregate Capacity of PSA Agreements Exceeds 50 GW Updated On Sun, Oct 22nd, 2023 by Saurenergy Solar Energy Corporation of India (SECI), a Miniratna Central Public Sector Enterprise under the Ministry of New & Renewable Energy has surpassed the milestone of 50 GW aggregate capacity of agreements signed under Power Sale Agreements (PSAs). The latest quantum of PSAs signed stands at 50,292.64 MW now, where SECI is the trader as an […] Read more
US Invested $3.46 billion In Electric Grid Resilience Projects: US Department of Energy Updated On Fri, Oct 20th, 2023 by Saurenergy US President Joe Biden recently released the America Agenda Funds for investment in 58 projects across 44 states in the US, for grid resilience, a report from the Department of Energy said. In the agenda, it has announced $3.46 billion grant for these projects to strengthen electric grid resilience and reliability across America. This would […] Read more
