More Actions Needed To Achieve Net-Zero Targets: Wood Mackenzie Updated On Wed, Oct 30th, 2024 by Saurenergy A string of global shocks has likely put 2030 emissions reduction targets out of reach. But with decisive action, there is still time to reach net zero emissions by 2050, according to Wood Mackenzie’s Energy Transition Outlook report, an assessment of the global journey towards a lower-carbon future. The new report analyses four different pathways […] Read more
IFC Partners With ACWA Power to Support Uzbekistan’s Energy Transition Updated On Wed, Oct 30th, 2024 by Saurenergy IFC announced today a $240 million Islamic Equity Bridge Loan (EBL) financing for ACWA Power to support the development of Uzbekistan’s renewable energy sector on the sidelines of the 8th Future Investment Institute conference at Riyadh in Saudi Arabia. IFC’s financing will support the construction and operation of two projects, with a cumulative capacity of […] Read more
PPA of 15 years Among Key Changes Proposed in TBCB Norms By India’s Power Ministry Updated On Tue, Oct 29th, 2024 by Saurenergy In Draft guidelines for Tariff based competitive bidding involving solar, wind, Hybrid, FDRE and Energy storage projects, India’s Ministry of Power has come out with a slew of proposed changes. The draft document has been released for feedback and suggestions, with a last day of submissions being 15 days from publishing of the guidelines, ie, […] Read more
Go Solar, Growatt Team Up To Distribute 1 GW Inverters Across Australia Updated On Fri, Oct 25th, 2024 by Saurenergy Growatt Australia, a residential and commercial solar energy solutions provider, and Go Solar Group have signed a Memorandum of Understanding (MOU) during the 2024 All Energy Expo. The MoU was signed by Allen Zhu, Growatt Australia’s Country Manager, and Lewis Sheppard, National Sales Director of Go Solar Group. Under the terms of the agreement, Go […] Read more
Ladakh: NTPC, Indian Army Set To Build Solar Hydrogen Microgrid Project Updated On Fri, Oct 25th, 2024 by Saurenergy NTPC has partnered with the Indian Army to establish a Solar Hydrogen-based Microgrid at Chushul, Ladakh. This would provide a stable power supply using Green Hydrogen in off-grid Army locations. The Defence Minister Rajnath Singh laid the foundation stone of this unique project through video conferencing. NTPC has designed this solar hydrogen-based microgrid system to […] Read more
ARENA Funds Australia’s First Community-Led Electrification Trial Updated On Thu, Oct 24th, 2024 by Saurenergy Australian Renewable Energy Agency (ARENA), and its partners Brighte, Rewiring Australia and Endeavour Energy, are set to electricity 500 households in New South Wales, in a new project announced recently announced by the organization. ARENA is providing $5.4 million in funding for the “Electrify 2515 Community Pilot” to support the electrification of 500 homes in […] Read more
Q3 Results: GE Vernova Falls Short On Offshore Wind, Hits Onshore Targets Updated On Thu, Oct 24th, 2024 by Saurenergy GE Vernova Inc., a US-based wind energy company, secured $1.7 billion in orders in the third quarter ending September 30, 2024. The company reported a 19% organic decrease, attributing the drop to lower Onshore Wind equipment orders outside of North America. GE Vernova generated $2.9 billion in revenue, down 1% organically. Losses increased due to […] Read more
Coal India Issues Tender For 300 MW Khavda PV Solar Project Updated On Thu, Oct 24th, 2024 by Saurenergy Coal India Limited has issued a fresh tender for a 300 MW solar project at Khavda. The government entity is now seeking EPC companies for executing the project in the region, touted to be India’s biggest renewable park. These are ground-mounted grid-connected solar projects. This comes at a time when Coal India has planned to […] Read more
JSW Energy Signs 700 MW Solar Power Agreement with SECI Updated On Wed, Oct 23rd, 2024 by Saurenergy JSW Renew Energy Eleven Limited, a subsidiary of JSW Energy Limited, has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI). The agreement covers the supply of 700 MW of solar energy through the Inter-State Transmission System (ISTS). This capacity was awarded under SECI’s Tranche XIII program. The power will […] Read more
