DOE Unveils $135 Million Investment to Propel Industrial Decarbonization in America Updated On Fri, Jun 16th, 2023 by Saurenergy The U.S. Department of Energy (DOE) has announced a substantial investment of $135 million in 40 projects aimed at industrial decarbonization, crucial in driving the nation towards a net-zero emissions economy by 2050. By advancing transformative and innovative technologies, these projects will play a significant role in decarbonizing the U.S. industrial sector. “America’s industrial sector […] Read more
Southeast Asian Power Market On A Liberalisation Spree: Report Updated On Thu, Jun 15th, 2023 by Saurenergy The recent Global Market Outlook report on solar power by Intersolar Europe and Global Solar Council claimed that several countries in the Southeast Asian market are on a liberalization spree to reform their power sector. These reforms aimed to boost the production of renewable energy and its use to cater to the power needs of […] Read more
Govt Releases Norms for Tariff-Based Bidding Process for RE Power with Storage Updated On Tue, Jun 13th, 2023 by Saurenergy The Ministry of Power recently released a set of guidelines for a tariff-based competitive bidding process for procuring firm and dispatchable power from grid-connected renewable energy power projects with energy storage systems. The document defined renewable power as solar generating systems, wind energy generating systems, or a combination of both, with Energy Storage Systems (ESS). It also […] Read more
Trina Solar Aims To Use 100 RE Power In Global Manufacturing By 2030 Updated On Mon, Jun 12th, 2023 by Saurenergy Solar photovoltaic module solution and energy company Trina Solar has now vowed to use 100 percent renewable energy for its global manufacturing and operations by the end of 2030. The company has outlined its plan to go net-zero with its greener ambitions. The company said that it had expanded its sustainability efforts by implementing various […] Read more
SECI Signs PSA With GRIDCO To Provide 600 MW Of Wind Power To Odisha Updated On Fri, Jun 9th, 2023 by Saurenergy The Solar Energy Corporation of India Limited (SECI), has signed a Power Sale Agreement (PSA) with Odisha’s state utility GRIDCO. GRIDCO is the state government’s nodal agency for dealing with the bulk transmission of power in the state. Under the agreement, GRIDCO will purchase 600 Megawatt (MW) of wind power from SECI under Tranche – […] Read more
RE Projects With No PPAs, Made For Power Exchanges- CFD could Make It Possible Updated On Fri, Jun 9th, 2023 by Saurenergy In an announcement that could potentially change the landscape of renewable energy projects, the way they are procured and the flexibility, freedom enjoyed by developers and generators in the industry, new renewable energy projects can now be sold on power exchanges exclusively. Traders and project developers will interact directly for contracting supplies from these projects. […] Read more
Masdar Offers Lowest Bid of US 1.62154 cents/Kwh for World’s Largest Solar Park in Dubai Updated On Fri, Jun 9th, 2023 by Saurenergy The world’s largest single site solar park in Dubai, Mohammed bin Rashid Al Maktoum Solar Park has received two bids (ACWA Power and Masdar) for the phase VI of the1,800 MW tender launched in September 2022. Dubai Electricity and Water Authority (DEWA) revealed that Masdar submitted the lowest bid of USD 1.62154 cents per kilowatt […] Read more
NTPC To Commission Second Part Of Gandhar Solar Project Updated On Tue, Jun 6th, 2023 by Saurenergy NTPC will be commissioning the second part of the Gandhar Solar Power Project developed by the Maharatna PSU. The total capacity of the solar power project is 20 MW and the second part will be 10MW. NTPC revealed in a regulatory filing that the company will add 10 MW of capacity to the project on […] Read more
The Solar-Powered Smart Farm Unveiled Via India & Sweden Partnership Promises 80% Water Savings Updated On Tue, Jun 6th, 2023 by Saurenergy Small-hold farmers are extremely vulnerable to erratic climatic conditions, and often do not have access to resources to address the challenges confronting them. With a goal to equip them better, India and Sweden have partnered up and launched a solar-powered smart farm that will enable them to save water and increase food production in a […] Read more
