India’s Renewable Capacity Additions In Oct Dip By 65% On YoY Updated On Thu, Nov 16th, 2023 by Saurenergy The latest data from the Central Electricity Authority (CEA) hinted at a slump in India’s renewable capacity additions in October. The monthly installed capacity data of October 2023 revealed that India added a meager new renewable capacity of 349 Megawatt (MW). It contrasts with its green energy capacity additions in the previous years during the period. The […] Read more
Saudi Power Procurement Firm Issues Tender for 3.7GW PV Projects Updated On Tue, Nov 14th, 2023 by Saurenergy Saudi Arabia has issued a tender inviting bids for solar projects under four new PV initiatives. Together these initiatives will account for solar energy worth 3.7 GW under the National Renewable Energy Programme (NREP). The Saudi tender has been issued by Government-owned entity, Saudi Power Procurement Company (SPPC). The Saudi tender’s RFQ encompasses four projects, […] Read more
Adani Discom Used RE Energy To Power Mumbai During Diwali Updated On Tue, Nov 14th, 2023 by Saurenergy Adani Electricity, the local power utility in Mumbai has delivered a green gift of sorts on Diwali to the financial capital. The firm says that it met the electricity demand of the territory in the metropolitan city it serves with renewable energy for a continuous four hours on Diwali. This was done during the Diwali […] Read more
Solar Energy In US Can Surpass Hydropower By 2024: EIA Estimates Updated On Tue, Nov 14th, 2023 by Saurenergy A latest Energy International Agency (EIA) report on solar growth in the United States (US) suggested that the country witnessed an increase in installed capacity by an average rate of by 44% annually from 2009 to 2022. It forecasted that the US would generate 14% more electricity from solar energy than from hydroelectric facilities in […] Read more
Tata Power Delivers Steady Q2, 16th Quarter of Growing Profits Updated On Fri, Nov 10th, 2023 by Saurenergy Tata Power has revealed its financial results for Q2 for FY24 in its analyst call presentations– for the quarter ended September 30, 2023. The private power firm that hopes to have a majority of it’s assets portfolio in renewables by FY26, has delivered a strong set of numbers, with profits after tax up 9% to […] Read more
CATL and Quinbrook In Agreement for 10 GWh Stationary Battery Energy Storage Systems Updated On Thu, Nov 9th, 2023 by Saurenergy CATL and Quinbrook have announced the signing of a Global Framework Agreement in stationary storage with the aim to deploy 10GWh+ of CATL’s advanced storage solutions over the next five years,underlining their focus on using advanced storage solutions to meet energy transition goals. The long-term partnership includes the design, optimization, and supply of the most […] Read more
Haryana Releases Draft Solar Policy, Aims To Install 6GW RE Power Updated On Wed, Nov 8th, 2023 by Saurenergy The Haryana New and Renewable Energy Department has published its latest draft Solar Policy 2023. It has asked the stakeholders concerned to submit their opinion on the same within the next one month. In the latest draft note, the state renewable department aimed to install a cumulative 6000 Megawatt (MW) by 2030 in Haryana. The agency […] Read more
World Bank Backs Himachal Power Sector with USD 200mn Updated On Wed, Nov 8th, 2023 by Saurenergy The Government of Himachal Pradesh and the World Bank have joined hands for a project valued at USD 200 million to enhance power sector reforms in the state. The project aspires to augment the share of renewable energy (RE) in the power mix of Himachal Pradesh, which has set sights on adding 10,000 MW of […] Read more
Waaree Renewable Technologies Aims To Grow Its IPP Business Updated On Tue, Nov 7th, 2023 by Saurenergy Waaree Renewable Technologies, the EPC arm of Waaree Group, claimed that it wants to boost its role as a renewable energy generator under the Independent Power Producer (IPP) category. The information was shared by Dilip Panjwani, Chief Financial Officer of the firm, in the latest investors’ call. Panjwani said the IPP business is ‘cash-intensive’ and […] Read more
