RPO Non-Compliance Penalty Should Be Higher: Prayas Energy Group Updated On Fri, Sep 15th, 2023 by Saurenergy Pune-based energy think tank Prayas Energy Group has urged the Maharashtra Electricity Regulatory Commission (MERC) to consider keeping the penalty for non-compliance of Renewable Purchase Obligation (RPO) higher. The think tank expressed its views in connection with the MERC draft (RPO, Its Compliance and Implementation of Renewable Energy Certificate Framework (First Amendment) Regulations 2023. RPO […] Read more
Denmark’s Ørsted Marks Entry into UK with Solar Farm of 740 MW Capacity Updated On Thu, Sep 14th, 2023 by Saurenergy Denmark based renewable energy firm, Ørsted has made headways into UK with its first solar project in the country. Ørsted has set sights on establishing a One Earth solar farm with a proposed capacity of 740 MW. The project will also boast battery storage and will be set up in Nottinghamshire. The solar farm is […] Read more
China On Course For 1 TW Solar Capacity By 2026, 500 GW In 2023 Updated On Wed, Sep 13th, 2023 by Saurenergy China’s solar sector is set to break records in the coming years. When installed capacity crosses the 500 gigawatts (GW) mark by the end of 2023, it will have taken 13 years to reach that milestone. That total, however, will be doubled to 1 terawatt (TW) in just three additional years. Rystad Energy modeling shows […] Read more
GUVNL Seeks Outside Expertise For Its Pumped Storage Project Tenders Updated On Tue, Sep 12th, 2023 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a tender for the selection of consultant for preparation of tender documents for selection of project developers through competitive bidding process for development of Pumped Storage Plant (PSPs) on “Build Own & Operate” or “ Build Own Operate & Transfer” basis and for assisting GUVNL to carry […] Read more
Djibouti Launches Maiden Wind Farm with 60 MW Capacity Updated On Tue, Sep 12th, 2023 by Saurenergy Djibouti, located on the Horn of Africa, has launched its maiden wind farm- the 60 MW Red Sea Power (RSP) project. This is the key international investment in Djibouti’s energy. The project, valued at US$122 million, has put in place Djobouti’s first Independent Power Producer (IPP). The investors responsible for the said project are mulling […] Read more
Energy Storage in Focus in US as Multiple Firms Secure Support Updated On Mon, Sep 11th, 2023 by Saurenergy The US is witnessing a boom in solar manufacturing and energy storage projects with the announcement of the Inflation Reduction Act. The past week was also marked by news on key energy storage projects. Project Financing Among these, a major news coming in was of Nevada-based American Battery Technology Co., a battery materials firm, that […] Read more
Google to Power Irish Offices & Data Centre with Solar from Power Capital Updated On Wed, Sep 6th, 2023 by Saurenergy Ireland-based Power Capital Renewable Energy (PCRE), which delves into the design, development, financing, building and operation of solar power plants, has entered into a power purchase agreement (PPA) with American multinational technology firm Google. The agreement will help power up the data centre and offices of Google in Ireland with solar energy worth 58 MW […] Read more
Clients Willing To Pay A Premium For Green Data Centres- Moiz Vaswadawala, NTT Updated On Wed, Sep 6th, 2023 by Saurenergy Moiz Vaswadawala, Vice President, Risk management and Sustainability at NTT Global Data Centers & Cloud Infrastructure India Pvt Ltd, the leading data center provider in India currently, talks about the push towards greener, more sustainable data centres. Excerpts from the interview: What is a data centre’s total energy footprint like, in terms of power, water, […] Read more
Solar Startup Ellipsol Raises Rs 2.5 cr Seed Funding Updated On Tue, Sep 5th, 2023 by Saurenergy Ellipsol, a next-generation solar company developing path-breaking solar energy solutions, has raised rupees 2.5 crore in a seed funding round led by Capital A. The funding round also saw the participation of the Grand Anicut Fund. Other individuals also contributed to the funding round. Ellipsol’s site, that is yet to open formally, promises 2X the […] Read more
