NTPC, Avaada Emerge Winners for MSEDCL’s 500 MW Solar Project Phase VIII Updated On Thu, Sep 8th, 2022 by Saurenergy The 500 MW grid-connected intrastate or interstate solar project power purchase auction for the Maharashtra State Electricity Distribution Company (MSEDCL) has concluded NTPC Renewable Energy and Avaada Energy as the winners. 200 MW were awarded to NTPC Renewable Energy at a quote of Rs. 2.82/kWh. Avaada Energy requested 500 MW at Rs. 2.83/kWh, but was […] Read more
Dramatic Solar Capacity Rise Across Asia; India’s Sprint Towards 2030 Goal Updated On Wed, Sep 7th, 2022 by Saurenergy As per US electricity think tank Ember, solar power is expected to experience exponential growth across five of Asia’s biggest economies, positioning the region to become a global hub of solar power. Ember made the revelation after an analysis of existing national power sector development plans across China, Japan, Indonesia, India and the Philippines. Findings […] Read more
Hyderabad All Set for Solar Rooftop Cycling Track in 2023 Updated On Wed, Sep 7th, 2022 by Saurenergy Telangana Municipal Minister K T Rama Rao has revealed that Hyderabad is all set to witness the establishment of its maiden cycle track, which will host a solar roof to employ solar panels for power generation. The construction will be on the lines of Daejeon and Sejong cycle highways in South Korea. The Minister laid […] Read more
Start-Up Jungle Raises €5 Million to Deploy AI Technology in RE Sector Updated On Wed, Sep 7th, 2022 by Saurenergy Dutch artificial intelligence start-up Jungle has announced that it has closed a €5 million Series A funding round led by SHIFT Invest- Dutch venture capital fund complemented by Rocks International Group, EDP Ventures, Gorilla Growth Capital and Future Energy Ventures. Jungle said that the funding will allow it to speed up the deployment of its […] Read more
S&P Global Launches REC Price Assessments for Brazil-India Turkey Updated On Wed, Sep 7th, 2022 by Saurenergy S&P Global Commodity Insights has announced an independent suite of price assessments for International Renewable Energy Certificates (I-RECs) in Brazil, India, and Turkey. The key objective behind the I-RECs is to provide market participants and energy consumers a higher level of transparency in the global market for valuing renewable-origin power generation. I-RECs certificates are a […] Read more
Nagaland Unveils Unified Rooftop Solar Portal Updated On Tue, Sep 6th, 2022 by Saurenergy The Nagaland Government has launched a unified rooftop solar web portal that is expected to give a fillip to greater generation and use of solar power in the residential sector by simplifying the approval process. KD Vizo, Principal Secretary for Power applauded the effort of the power department and said that the unified rooftop solar […] Read more
Sungrow to Supply Solar + Storage Project For Australia’s 100 MWh Project Updated On Tue, Sep 6th, 2022 by Saurenergy China-based inverter and energy storage solution provider for renewable energy, Sungrow has announced that it will supply a fully integrated 55MW/220MWh Battery Energy Storage System (BESS) to Global Power Generation (GPG) for its 100MWac Cunderdin Project. Cunderdin lies 150 km east of Perth in Western Australia. Global Power Generation is Naturgy Energy Group’s subsidiary and […] Read more
Reliance Industries to Acquire Majority Stake in Solar Digital Platform SenseHawk Updated On Tue, Sep 6th, 2022 by Saurenergy Reliance Industries Limited (RIL) has signed definitive agreements to acquire a majority stake in California based SenseHawk for a total transaction value of USD 32 million, including funding for future growth, commercial rollout of products and R&D. Founded in 2018, SenseHawk is an early-stage California-based developer of software-based management tools for the solar energy generation industry. SenseHawk […] Read more
Taiwan’s ProLogium to Build Solid-State Battery Gigafactory in Europe Updated On Tue, Sep 6th, 2022 by Saurenergy Taiwan-based solid-state batteries manufacturer ProLogium has appointed Accuracy – an independent financial and strategic consulting firm – to advise on the location of its first major Gigawatt-hour (GWh) battery factory in Europe and to work with its international development team. The official statement of ProLogium states that the investment in the new factory will total […] Read more
