COVER STORY: Increased Govt Thrust Set To Give Rooftop Solar Financing A Fillip Updated On Tue, Feb 13th, 2024 by Saurenergy Days after the announcement of PM Suryodaya Yojana on January 22, its impact was felt in different parts of the country. Several states, ministries, energy regulators and companies seem to be in a race to enable faster adoption of rooftop solar. Union Minister for New and Renewable Energy already announced increasing subsidies for residential rooftop […] Read more
Singapore, UK, Mauritius, UAE Biggest Solar Investors In India: R.K Singh Updated On Mon, Feb 12th, 2024 by Saurenergy The union minister of new and renewable energy, R.K Singh shared details of the solar investment received within the by India in the last three years i.e., from 2020 – September 2023. He stated, “Indian solar sector has received 3860.158 million investments through foreign direct investment (FDI) within the country till 30th September 2023.” India […] Read more
IREDA and IIT Bhubaneswar Collaborate To Support RE Research In Startup Updated On Mon, Feb 12th, 2024 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) an Indian public sector enterprise that provides financial assistance and other services to projects related to renewable energy, has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology (IIT) Bhubaneswar. The MoU, inked today at the 100 Cube Start-up Conclave held at IIT Bhubaneswar, aims […] Read more
Bihar Biggest Beneficiary Of DDUGJY & Saubhagya Funding Updated On Fri, Feb 9th, 2024 by Saurenergy Recently in parliament Union minister of Power and New and Renewable Energy R.K Singh shared data on the status of electrified and un-electrified villages under the Deen Dayal Gram Jyoti Yojana (DDGJY). The data shared by the union minister in a written reply to the parliament revealed, “Nearly 88,000 households of Particularly Vulnerable Tribal Groups […] Read more
Technical Development Manager Updated On Thu, Feb 8th, 2024 by Saurenergy Currently we are looking for a Technical Development Manager in New Delhi, India to be part of our global team working together towards our vision – Improving our future. The Technical Development Manager (TDM) has overall responsibility to support the projects during the opportunity and development phase by managing the engineering, supply chain and project control resources and workstreams to deliver a consistent […] Read more
IFC, SIMA Invest $150 mn In Green Bonds For Solar Projects In Africa Updated On Thu, Feb 8th, 2024 by Saurenergy International Financial Corporation (IFC), a member of the World Bank Group (WBG), in partnership with Social Investment Managers and Advisors LLC (SIMA Funds or SIMA) and other financiers, has reached the first close of a $150 million solar green bond, which expected to finance productive-use solar projects throughout Africa. The bond is expected to finance […] Read more
Scotland’s TWP Progresses With Its 1 GW Offshore Floating Wind Project Updated On Wed, Feb 7th, 2024 by Saurenergy Scotland-based renewable energy company Thistle Wind Partners (TWP) has submitted the onshore scoping report for its Ayre floating offshore wind project which is among the two of its ScotWind projects. According to the press release by the company, the 1 GW Ayre Offshore Wind Plant is planned to be located at the east of Orkney […] Read more
Stanford Study Develops Battery-Hydrogen Combo For Reliable Grids Updated On Wed, Feb 7th, 2024 by Saurenergy A recent study by Stanford University demonstrated that combining battery storage with hydrogen fuel cells can ensure low-cost reliability. In the study Stanford engineering professor Mark Z. Jacobson, he used a computer modelling system to bust the myth, he said, “The fossil fuels – rather than a combination of renewables, battery storage, and hydrogen fuel […] Read more
Solar Power Generation In Europe To Rise by 50 TW in 2024, Germany To Lead The Way Updated On Mon, Feb 5th, 2024 by Saurenergy The solar photovoltaic (PV) energy generation will spike by about 50 terawatt-hours (TWh) in 2024 in Europe due to major capacity installations across the region, predicts a report by Rystad Energy. The report also suggests that Wind power generation is also expected to increase in 2024. However, the growth rate will not match last the […] Read more