India’s Solar Sector Buoyant On New Growth Trajectory Updated On Wed, Oct 9th, 2024 by Saurenergy FY24-25 is likely to be remembered as a milestone year for India’s solar sector. Not only is capacity addition this year expected to hit a new high, but the year is also likely to see the 25 GW mark breached for the first time, with almost 15 GW added in H1 itself. Significantly, the spike […] Read more
Torrent Power Wins 2000 MW Energy Storage Contract From MSEDCL Updated On Wed, Oct 9th, 2024 by Saurenergy Torrent Power Ltd has won a letter of award from Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for long-term supply of 2,000 MW energy storage capacity from Torrent Power’s InSTS Connected Pumped Hydro Storage Plant in Maharashtra. Of the 2,000 MW energy storage contract, 1,500 MW had been confirmed earlier by Torrent Power through an […] Read more
Premier Energies Signs 173.35 MWp MSA with BrightNight India Updated On Wed, Oct 9th, 2024 by Saurenergy Premier Energies International Private Ltd., a subsidiary of Premier Energies Limited, has signed a Module Supply Agreement (MSA) with BN Hybrid Power-1 Private Limited, a Special Purpose Vehicle (SPV) of BrightNight India. According to the filing at the BSE by Premier Energies, it will supply 173.35 MWp of solar modules featuring the latest Topcon technology […] Read more
India Needs To Triple Wind Energy Power By 2027: EMBER Report Updated On Tue, Oct 8th, 2024 by Saurenergy India must triple its installed wind power capacity by 2027 to meet the projections made by the National Electricity Plan (NEP14). Though implementation of policies with state-specific targets will be crucial, the trends of wind and solar together will work in its favour – a reliable and diversified energy mix that helps India meet its […] Read more
TruBoard Partners Unveils TruGreen For Renewable Energy Management Updated On Tue, Oct 8th, 2024 by Saurenergy Mumbai-based TruBoard Partners, recently launched TruGreen, a managing renewable energy assets solution, at the Renewable Energy India (REI) Expo 2024. The tech-based asset management company TruGreen specializes in solar and wind assets, and is designed as a one-stop platform for renewable energy stakeholders, featuring five modules: TruAnalytica is for real-time performance management analytics, TruBuyer for […] Read more
Top 5: Battery Energy Storage Projects Commissioned in India Updated On Mon, Oct 7th, 2024 by Saurenergy Battery energy storage systems (BESS) have solved a key challenge for renewable energy, addressing the fluctuating nature of sources like solar and wind. Globally, new solar and wind projects are now integrating modern energy storage systems to ensure a reliable energy supply. Countries like China, the US, and Australia are rapidly expanding their energy storage […] Read more
REC Steps Up On Green Financing With 37.3% Growth In Renewable Energy Funding Updated On Mon, Oct 7th, 2024 by Saurenergy REC Limited, a maharatna CPSE under the Ministry of Power and a leading NBFC, has disbursed loans worth ₹90,955 crore, up 20.10% year-on-year for the half year ended September 30, 2024. The quantum of renewable energy loans grew 92.68% year-on-year to ₹11,297 crore. Notably, the firm raised the largest ever tranche of green binds from […] Read more
Google In Deals With Adani, Cleanmax For Clean Energy Deals In India Updated On Fri, Oct 4th, 2024 by Saurenergy In a busy week for Google in India, the global search and web giant inked agreements with the Adani Group as well as Cleanmax Enviro for supply of green energy to power operations here. Google Adani Tie-Up For Khavda Energy The Adani Group and Google are collaborating to further reduce Google’s carbon footprint. Under the […] Read more
IRENA Report On Renewable Jobs Claims 18% Jump In 2023 Updated On Thu, Oct 3rd, 2024 by Saurenergy 2023 saw the highest ever increase in renewable energy jobs, from 13.7 million in 2022 to 16.2 million, according to the newly released Renewable Energy and Jobs – Annual Review 2024 by the International Renewable Energy Agency (IRENA) and the International Labour Organization (ILO). The 18% year-on-year leap reflects the strong growth of renewables generating capacities, together […] Read more
