South America Could Become Next Frontier For Offshore Wind Updated On Wed, Jul 31st, 2024 by Saurenergy South America, for long the forgotten continent in solar and wind energy until the early 2020s, is playing catch up finally. Even as large solar projects have been the preserve of Brazil and Chile until now, when it comes to wind, it is offshore wind that is promising some major changes. The largest country in […] Read more
NTPC Achieves 76 GW Capacity, Adds 4 GW In FY24 Updated On Tue, Jul 30th, 2024 by Saurenergy NTPC, at its annual investor’s meeting, announced it has attained a 76 GW installed capacity by June end, of 2024. The company added 4 GW of capacity in FY24, with 21 GW currently under construction and 26 GW under planning. The latest addition was the completion of a small but prestigious 40 MW project at […] Read more
Largescale Solar Generation Specialist (P3) Updated On Tue, Jul 30th, 2024 by Saurenergy Reporting to the Chief of PPIC, the Large-scale Generation Specialist will spearhead the planning and design of programmes and policies for ISA. This role will primarily focus on solar park projects, encompassing large-scale ground-mounted and floating solar installations. This pivotal role involves applying global best practices, crafting suitable business models, and deploying them across ISA […] Read more
India Reduces AT&C Losses From 22.62% To 15.40% In 10 Years: Minister Updated On Tue, Jul 30th, 2024 by Saurenergy India’s renewable energy installed capacity has recently surged to 4,46,190 MW in June 2024, up from 2,48,554 MW in March 2014, according to data shared by Minister of State for Power, Shripad Naik. In a written reply to the Parliament, the Minister noted: “India’s total installed capacity has increased from 2,48,554 MW in March 2014 […] Read more
Carbon Credit Market to Soar: From $267.8 Billion to $1.2 Trillion by 2029 Updated On Tue, Jul 30th, 2024 by Saurenergy Despite the scandal involving Shell and 5.7 million tons of fraudulent carbon credits earlier this year, efforts from the carbon credit industry continue to show results, with the latest BCC research study showing an expected growth from $267.8 billion in 2023 to $1.2 trillion by 2029 at a compound annual growth rate (CAGR) of 28.4%. […] Read more
Corporate India Lagging Behind In RE Adoption: Report Updated On Tue, Jul 30th, 2024 by Saurenergy India’s leading companies are dragging their feet when it comes to meeting the country’s ambitious renewable energy and decarbonisation goals, according to analysis by think tank Climate Risk Horizons (CRH). The industrial sector accounts for more than half of India’s energy consumption, making corporate action essential to the government’s decarbonisation efforts. In a report titled […] Read more
L&T Gets Multiple Order To Build Grid Elements In India, Abroad Updated On Mon, Jul 29th, 2024 by Saurenergy Larsen & Toubro (L&T) recently received multiple orders to set up transmission networks and substations in India and abroad. The Power Transmission & Distribution (PT&D) business of Larsen & Toubro recently won new orders to support develop an interconnected electricity network in India and abroad. The Power Transmission & Distribution (PT&D) business vertical of L&T […] Read more
SECI’s FDRE Tender Breaks New Ground With sub 5 Tariff at Rs 4.98/unit Updated On Fri, Jul 26th, 2024 by Saurenergy In a historic moment, the country has witnessed awarding of Firm and Dispatchable Renewable Energy (FRDE) contracts at tariffs as low as Rs 4.98 per unit. This came in response to a tender issued by the Solar Energy Corporation of India (SECI) for a 630 MW of FDRE power. The move is likely to boost […] Read more
SWREL Gets Two Projects In Rajasthan And Karnataka Updated On Fri, Jul 26th, 2024 by Saurenergy Leading EPC firm Sterling and Wilson Renewable Energy Limited (SWREL), received two domestic orders. One order is for an EPC project for a GWH-scale stationary battery energy storage project in Rajasthan. This project is for a 500 x 2 (1,000 MWhr) standalone BESS plant in the region. Additionally, the company also secured a 20 MW […] Read more
