Saudi’s ACWA Power in PPA with South Africa for Dispatchable RE Project of 150 MW Updated On Wed, Dec 20th, 2023 by Saurenergy Saudi-based clean energy firm ACWA Power, has entered into a Power Purchase Agreement (PPA) for a project known as, ‘ACWA Power Project DAO’ to be established in South Africa. The initiative is for a dispatchable renewable hybrid plant of 150 MW capacity. The signatories of the agreements included Gwede Mantashe, Minister of Mineral Resources and […] Read more
MERC Rejects MEDA’s Plea For 50% Local RE Procurement By Discoms Updated On Tue, Dec 19th, 2023 by Saurenergy The Maharashtra Energy Development Agency had filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) asking it to issue appropriate directions to distribution licensees (discoms) to meet 50% of total Renewable Purchase Obligation (RPO) requirement by purchase of energy from Renewable Sources within the State. Maharashtra has achieved installed capacity of 10,799 MW as […] Read more
Solar Production Costs In China Falls By 42% In 2023: Wood Mackenzie Updated On Fri, Dec 15th, 2023 by Saurenergy A latest report states that the cost of producing solar modules in China has dropped by 42% in the last 12 months to US$0.15 per watt (/W). This gave manufacturers in the country cost advantage over international rivals according to the New Horizons report from Wood Mackenzie. The report looks at ‘Five low-carbon tech trends […] Read more
“700+ Wp Modules Increase Generation By Around 20% Compared To Existing 580-585 Wp Range”: Sarthak Sengupta, Amplus Updated On Thu, Dec 14th, 2023 by Saurenergy Sarthak Sengupta, Vice President, Procurement, Amplus, has 17 years of experience in materials management, strategic sourcing, and procurement consulting. During his extensive professional journey, Sarthak has worked for organizations like Hindustan Petroleum Corporation Limited and Blue Star Limited, demonstrating expertise across diverse industries such as electric vehicles, renewable energy (solar, wind, battery storage, EPC), new […] Read more
Honeywell to Supply BESS of 124 MWh to US Virgin Islands Updated On Wed, Dec 13th, 2023 by Saurenergy Honeywell will supply VIElectron, its first installation of battery energy storage solutions (BESS) for six solar parks located across the US Virgin Islands. The BESS, which is for a capacity of 124 MWh, will boast an end-to-end battery management system (BMS). The solar array of 140 MWDC and BESS will help the islands meet 30% […] Read more
No Assessment Done On The Financial Impact Of Uniform RE Tariff: Govt Updated On Wed, Dec 13th, 2023 by Saurenergy Union Minister for New and Renewable Energy RK Singh in his recent written reply given in the Parliament said that the government is yet to implement the Uniform Renewable Energy Tariff. In his response made before the Lower House, he also said that the ministry has now done any financial assessment on the likely impact […] Read more
Nextracker Installed 10 GW Of Solar Trackers In Middle East, Africa, India Updated On Wed, Dec 13th, 2023 by Saurenergy Nextracker, a global provider of intelligent solar tracker and software solutions, has announced surpassing a corporate milestone of 10 GW of smart solar trackers either operational or under fulfilment for projects located in the Middle East, Africa, and India. In parallel timing with the United Nations COP28 Climate Change conference held in Dubai over the […] Read more
Solar Emerges As Primary Choice For Domestic Funding Of NDC Targets: IRENA Updated On Tue, Dec 12th, 2023 by Saurenergy A latest International Renewable Energy Association (IRENA) report shared the status of the renewable energy target in the Nationally Determined Contribution (NDC) until October 2023 and talked about the role of solar in this. It found that 148 parties have set quantifiable renewable energy targets for tripling renewable energy power by 2030. In this, 113 […] Read more
BREDA Plans To Revive Its Non-Functional Off-Grid Solar Projects, Issues Tender Updated On Mon, Dec 11th, 2023 by Saurenergy The Bihar Renewable Energy Development Agency (BREDA) government has now planned to revive its non-functional off-grid solar power systems. It has also issued a tender in this direction, seeking developers who can execute the government plan. BREDA has issued the tender on the behalf of the state. BREDA has planned to connect its ailing off-grid […] Read more
