ADB Approves Support for Rooftop Solar Systems in India Updated On Wed, Jul 17th, 2024 by Saurenergy The Asian Development Bank (ADB) has approved $240.5 million in loans to finance rooftop solar systems in India that will help the government expand energy access using renewable energy. The financing will support tranches 2 and 3 of the Multitranche Financing Facility (MFF) Solar Rooftop Investment Program approved by ADB in 2016. The program was restructured in […] Read more
Rajasthan Set To Bring Guidelines To Expedite PSP Growth Updated On Wed, Jul 17th, 2024 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) in its latest order has allowed extension of time period for the state government authorities to frame guidelines for the growth of Pumped Storage Projects (PSPs) in the state. The order came to the fore when RVUNL (Rajasthan Urja Vikas Nigam Limited) & IT Service Limited moved the State […] Read more
Indian EV Sector Needs Rs 1,151cr To Flourish, Says Report Updated On Wed, Jul 17th, 2024 by Saurenergy Principal Scientific Adviser to the Government of India, Ajay Kumar Sood, released a report for building a comprehensive roadmap that outlines research projects in four crucial areas. These areas are energy storage cells, electric vehicles (EV) aggregates, materials and recycling, and charging and refueling. It provided pathways for India to achieve leadership and self-reliance in […] Read more
July 16 News In Brief: SunCable’s 20 GW Project, TotalEnergies and SSE JV, Jinko’s 150 MW Deal Updated On Tue, Jul 16th, 2024 by Saurenergy TotalEnergies, SSE In JV For EV Charging In UK & Ireland TotalEnergies and SSE have signed a binding agreement to create a joint venture to establish a new major player in EV charging infrastructure in the UK and Ireland, under the brand “Source”. The new business will deploy in both countries up to 3000 high […] Read more
IRENA’s 11.2 TW RE Target For 2030 Risks Falling Short By 1.5 TW: Report Updated On Tue, Jul 16th, 2024 by Saurenergy Despite renewables becoming the fastest-growing source of power, the International Renewable Energy Agency (IRENA) latest report needs a minimum 16.4% growth rate annually through 2030 to stay on course, to meet the 2030 target. IRENA’s Renewable Energy Statistics 2024 report indicated the possible risk of missing the tripling renewables target pledge set at COP28. The […] Read more
5 Key Points for India on the Road to 300 GW Solar by 2030 Updated On Tue, Jul 16th, 2024 by Saurenergy India missed its 2022 goal of achieving 100 GW of installed solar capacity. The fact that this target is still unmet highlights the need for significant efforts to overcome various challenges if the country is to realize its vast solar potential. This is even more important considering last year’s government resolution of adding 50 GW […] Read more
SolarPower Europe Sets Unified Cybersecurity Standards For PV Updated On Mon, Jul 15th, 2024 by Saurenergy Digitalization in the energy sector offers significant opportunities for Europe. It can enhance power plant efficiency and provide flexibility in managing decentralized energy resources. According to SolarPower Europe’s recent report, digital flexibility solutions could potentially save 32 billion EUR by 2030 and 160 billion EUR by 2040. The report aims to establish a unified cybersecurity […] Read more
As EV Infra Charges Up, Expect EVs To Follow Suit Updated On Mon, Jul 15th, 2024 by Saurenergy The recent speed breaker in the sales of Electric Vehicles (EVs) has raised many worries that the industry might be heading for trouble. However, we believe that this temporary blip will soon be a memory as sales pick up again, mainly due to the visible improvements one can expect in EV charging infrastructure, as well […] Read more
Waaree Subsidiary Indosolar Commences 1.30 GW Solar Module Facility Updated On Fri, Jul 12th, 2024 by Saurenergy Indosolar Limited, a subsidiary of Waaree Energies Limited today announced the inauguration of its solar module manufacturing facility in Noida. The company in a media statement today said that with a production capacity of 1.30 GW, this factory marks a milestone in its domestic manufacturing and is expected to accelerate employment opportunities, and contribute towards […] Read more
