US Community Solar Sector Market Forecast To Grow By 2027: Wood Mackenzie Updated On Thu, Aug 4th, 2022 by Saurenergy Wood Mackenzie has revealed in its new research that the American community solar market will continue to grow over the next five years, with at least 7 GWdc of community solar expected to come online between 2022-2027. The research by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA), has said that […] Read more
Setting Up a Battery Manufacturing Plant: The Factors That Matter Updated On Thu, Aug 4th, 2022 by Saurenergy Battery manufacturing is one of the fastest-growing industries worldwide. A decade ago, consumers used batteries for their laptops, phones and other gadgets. Today, these energy storage devices are powering cars, medical equipment and even houses. New plants for battery production are popping up as a result. But in this realm of a gradual shift towards […] Read more
Adani Green Energy Q1 Results: Strong Revenue Growth, Profit Stumbles Updated On Wed, Aug 3rd, 2022 by Saurenergy Adani Green Energy Limited has announced it’s results for Q1, FY 23. The firm has reported net sales at Rs 1,701.00 crore in June 2022, up 57% from Rs. 1079 crore in June 2021. On a QoQ basis, vis a vis March 2022, sales have moved up from Rs 1587 crores in March, just over […] Read more
USA Expands RE Share Rapidly, Several Reports Mutually Agree Updated On Fri, Jul 29th, 2022 by Saurenergy According to an analysis by the SUN DAY Campaign, three new reports released this week by the Energy Information Administration (EIA) of the United States of America all point to the same conclusion that renewable energy sources, led by solar and wind, continue to rapidly expand their share of the nation’s energy production and electricity […] Read more
APTEL Provides Relief To CSP Developers On Force Majeure Grounds Updated On Wed, Jul 27th, 2022 by Saurenergy In an important judgement that will hopefully close the chapter on a festering dispute, the Appellate Tribunal for Electricity (APTEL) has allowed multiple developers stuck with Concentrated Solar Thermal (CSP) projects to get relief from liabilities, caused due to lower DNI (Direct Natural Irradiance) than they had assumed when bidding. The developers impacted include Godavari […] Read more
MNRE Minister Khuba Tells Parliament 123 GW Of Solar Capacity Either Commissioned Or In Pipeline Updated On Wed, Jul 27th, 2022 by Saurenergy Minister of State for New and Renewable Energy Bhagwanth Khuba informed the Rajya Sabha in his written reply on July 27 that a solar energy capacity of 123.11 GW has either been commissioned till June or is in the pipeline against the target of 100 GW solar capacity by December 2022. The written reply reads […] Read more
Cypress Creek Acquires 400 MW Storage From Black Mountain Updated On Tue, Jul 26th, 2022 by Saurenergy USA-based renewable energy player Cypress Creek Renewables has added 400MW/600MWh to its storage portfolio after acquiring four Texas standalone energy storage projects from Black Mountain Energy Storage (BMES). The projects, each 100MW, are located throughout the Electric Reliability Council of Texas (ERCOT) market and are currently under development. Cypress Creek said that it will continue […] Read more
Saudi Arabia Looks To Double RE Capacity Through Tenders Updated On Tue, Jul 26th, 2022 by Saurenergy The Kingdom of Saudi Arabia is mulling to double the renewable energy tenders this year and give a fillip to the clean electricity availability. According to reports, the country will continue the spree in 2023 for faster development in the solar power and wind farm projects. The Energy Minister Saudi Arabia has an online capacity […] Read more
Centre Gives States A New Green Power Mandate To Encourage RPO Compliance Updated On Mon, Jul 25th, 2022 by Saurenergy The Union Government has asked state governments to meet a quarter of their power demand through renewable energy sources in the current year, which can be scaled to 47 % in the following eight years. Although consistent with India’s clean energy commitments, the new trajectory of the Union Government will be difficult for the already […] Read more
