Downing Achieves Planning Approval For 50 MW Solar Farm in UK Updated On Thu, Mar 7th, 2024 by Saurenergy London-based Downing Renewable Developments, a subsidiary of investment manager Downing, has been awarded planning consent for a 49.9 MW solar farm, part of its 6GW pipeline of development projects across the UK. It has received the go-ahead for the Meerdyke Solar Farm near Marshland St James in Norfolk, which will produce enough renewable energy to […] Read more
US Solar Witnesses Over 50% New Capacity Addition To The Grid: Report Updated On Thu, Mar 7th, 2024 by Saurenergy A recent report by US-based think tank Wood Mackenzie and Solar Energy Industries Association (SEIA) estimated a 37% increase in new electric generating capacity in 2023 in the United States. This indicated an increase from the previous record set in 2021 and a 51% increase from 2022. According to the US Solar Market Insight 2023 […] Read more
Sri Lanka Offers An Opportunity For India In Solar Updated On Thu, Mar 7th, 2024 by Saurenergy Sri Lanka, which joined the renewable energy bandwagon much later than many others, thanks to its extended civil war and the brush with bankruptcy till recently, is finally ready to move ahead on its targets. The island nation targets taking the share of renewable energy to 70% of its requirements, from a share of just […] Read more
ReNew In Talks With Sembcorp To Sell 350 MW Assets: Report Updated On Fri, Mar 1st, 2024 by Saurenergy According to several media reports, Indian renewable energy company ReNew Energy Global Plc has initiated discussions to sell a portfolio of solar projects with a combined capacity of 350 MW to Singapore’s Sembcorp Industries Ltd The reports also said that earlier ReNew had sought to sell off a much larger 1.1-GW portfolio which included 750 […] Read more
MNRE Releases New Insurance Product List Covered Under IRDAI Updated On Tue, Feb 27th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) recently released a list of products that are covered by the IRDAI (Insurance Regulatory and Development Authority of India). The MNRE list covered details of various products that they offered and covered details of risks associated with solar power plants for information to the stakeholders. The list […] Read more
Gensol Engineering Wins Two EPC Projects Worth Rs 337.70 Crore Updated On Mon, Feb 26th, 2024 by Saurenergy Gensol group’s engineering arm, Gensol Engineering recently announced the award of two significant EPC contracts from Rajasthan and Maharashtra. Gensol’s first project is of 250 MWac/350 MWdc ISTS solar power project in Rajasthan, and the 50MWac/72.5MWdc solar power project in Maharashtra. This marks another step in our journey to becoming a dominant player in the […] Read more
5 Ways India Defies Global Rules For Solar Success Updated On Mon, Feb 26th, 2024 by Saurenergy At every large renewable energy event today India’s solar success is invariably taken as a given. Be it capacity additions (eventually), or manufacturing prowess (soon, we are told) industry and government in particular has been at pains to stress that it’s all practically ordained. We believe that despite the impressive progress India has made in […] Read more
PM To Launch Solar, Other Projects In Chhattisgarh On Feb 24 Updated On Fri, Feb 23rd, 2024 by Saurenergy PM Narendra Modi will launch a slew of solar and other energy-related projects worth Rs 34,400 crore in Chhattisgarh on February 24. The inauguration will take place during ‘Viksit Bharat Viksit Chhattisgarh’ programme on the same day. These projects will cater to several important sectors including roads, railways, coal, power, and solar energy among others. […] Read more
US At Risk Of Falling Behind RE Target Post-IRA: Report Updated On Thu, Feb 22nd, 2024 by Saurenergy A collaborative report on clean energy released by the Rhodium Group, in partnership with the Massachusetts Institute of Technology (MIT), states that despite reaching record levels of investment in utility-scale clean electricity generation and storage capacity in 2023, the US has a risk of falling behind post-IRA (Inflation Reduction Act) projections. While renewable electricity has […] Read more
