Q3 2024: Australia Sees $3.3B New RE Projects, Surpasses 2023 Record Updated On Wed, Nov 13th, 2024 by Saurenergy Australia saw strong renewable energy and storage investment in the third quarter (Q3) of 2024. According to the Clean Energy Council’s latest Quarterly Renewables Report. Australia added 1,405 MW of capacity ($3.3 billion) in new large-scale renewable generation projects during Q3 of 2024, exceeding the total in 2023. Currently, over 40 percent of Australia’s electricity […] Read more
KERC Draft Aims To Achieve 1.5% Distributed RE Mandate Till 25 Updated On Tue, Nov 12th, 2024 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC) has released a draft proposal aimed at encouraging the expedited procurement of renewable energy. It has invited comments from the stakeholders concerned on the proposal until November 27, 2024. Currently, the state has 8930.10 MW of solar, 6564.36 MW of wind energy, and 22378.34 MW of total renewable energy […] Read more
Are Indian Solar Module Makers Ready for ALMM For Solar Cells? Updated On Tue, Nov 12th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) in October 2024 released a draft proposal to include domestic solar cell production under its Approved List of Models and Manufacturers (ALMM), inviting responses from industry stakeholders. Soon after the announcement, a number of Indian module makers have announced starting new solar cell lines. However, this […] Read more
Green Stocks Nov 12: Waaree, JSW, KPI Green Stand Out As Stocks Slump Updated On Tue, Nov 12th, 2024 by Saurenergy The rush of FII selling has left India’s equity markets searching for a temporary bottom. That has meant a severe beating down of prices for many stocks, and our green brigade has not been left unscathed. Today was a day for newly listed Waaree energies to claw back the losses it suffered yesterday, as investor […] Read more
RE Investment Needs Restructuring Favoring Global South: IRENA Updated On Tue, Nov 12th, 2024 by Saurenergy IRENA World Energy Transition Outlook identified that there is a geographic concentration of investments, and calls for structural changes to close the financing gap faced by the countries of the global south. According to the report’s findings, among the advanced economies of 38 countries, which make up 14% of the world’s population and represent 40% […] Read more
India’s RE Investment Hits USD 12.4 Bn, Falls Short of 2030 Target: Report Updated On Tue, Nov 12th, 2024 by Saurenergy India’s renewable energy investment has grown to USD 12.4 billion in 2023, up from 2020. However, investment remains far below the estimated USD 200 billion required to achieve India’s goal of 500 GW of non-fossil fuel electricity capacity by 2030. According to the Zero Carbon Analytics report’s findings, to meet the 500 GW of non-fossil […] Read more
Feeder Solarisation: Sunkind Bags 10.4 MW Mahagenco Contract Updated On Tue, Nov 12th, 2024 by Saurenergy In a step to augment the solariation of agricultural feeders in Maharashtra, Sunkind, a renewable energy solutions provider has secured a ground-mounted solar project awarded by Maharashtra State Power Generation Company Limited (Mahagenco) under the Mukya Mantrai Krishi Vikas Yojana (MSKVY) 2.0 scheme. The 569 MW EPC (Engineering, Procurement, and Construction) is aimed to boost […] Read more
Chief Manager- Contracts Updated On Tue, Nov 12th, 2024 by Saurenergy We are seeking an experienced Contract and Commercial Manager to join our team at Serentica, a leading renewable power developer. The successful candidate will have a strong background in contracts and commercial management, with expertise in wind contracting, strategic commercial planning, and contract negotiation. Responsibilities:- The role will be responsible for managing the contract lifecycle, […] Read more
Chief Manager- Design and Engineering Updated On Tue, Nov 12th, 2024 by Saurenergy We are seeking a highly skilled Power System Studies and Renewable Energy Engineer to conduct comprehensive power system analysis and coordinate with external consultants, Central Transmission Utility (CTU), and Regional Load Dispatch Center (RLDC). This role also involves design and engineering activities for solar and wind power plants. The ideal candidate will have a strong […] Read more
