West Bengal Discoms Operate Without Any Clear Mandate On RPO Updated On Mon, Nov 20th, 2023 by Saurenergy Electricity distribution companies in West Bengal have been struggling on a different front when it comes to their handling of renewable energy portfolios. The state, which has merely 636 MW of total installed renewable power capacity (excluding hydro) till recently, was clueless about its Renewable Purchase Targets (RPOs). Legal complexities and litigations have kept the issue pending, […] Read more
Gensol Engineering Reports 24% Growth in PAT in H1 of FY24 Updated On Wed, Nov 8th, 2023 by Saurenergy Public-listed renewable company–Gensol Engineering Limited released its latest consolidated financial results for the first half of the year and quarter ending September 30, 2023. As per the financial statements of the firm, it reported an 88 percent increase in its revenue in the H1 of FY23 compared to the last H1 of FY23. Founded in […] Read more
India Will Need 60 GW Of Storage By 2030, Says Research Report Updated On Tue, Nov 7th, 2023 by Saurenergy Global Energy Alliance for People and Planet (GEAPP) and RMI released a report on battery storage systems, defining the role of discoms in accelerating battery energy storage in India. The report titled ‘Powering Progress: Batteries for Discoms, A Market Action Report evaluated the accelerating battery energy storage ecosystem in India. It attempted to provide an […] Read more
Australian Fund Plans Polysilicon Manufacturing Hub, Launches Supply Chain Tracking Platform Updated On Thu, Nov 2nd, 2023 by Saurenergy Quinbrook Infrastructure Partners, a Queensland, Australia, based investment firm with a special focus on the energy transition, has announced an ambitious plan to establish a polysilicon manufacturing facility in Australia. The move, said to involve investments of $8 billion comes with the firm claiming that land for the project has already been identified in Townsville, […] Read more
Amazon Crowned As Leading Renewable Energy Corporate Buyer in India Updated On Tue, Oct 31st, 2023 by Saurenergy IT giant Amazon is now the largest corporate buyer of renewable energy in India. The firm sealed this position soon after it launched a 198 MW wind farm in Osmanabad, Maharashtra. The said project is the firm’s 50th renewable energy project in India, which has helped it take its capacity beyond 1.1 GW in India. As […] Read more
Ministry of Coal To Employ Surplus Land For Green Energy Projects Updated On Mon, Oct 30th, 2023 by Saurenergy The Ministry of Coal and the Ministry of New & Renewable Energy (MNRE) have joined hands to work for the promotion of green energy. The decision was arrived at during secretary-level joint meeting between the two ministries. The MNRE will offer technical, policy and capacity building support, technicians and other functionaries through National Institute of […] Read more
SOFAR Serves Up PV & ESS Solutions at All Energy 2023 In Australia Updated On Thu, Oct 26th, 2023 by Saurenergy SOFAR, a leading provider of all-scenario PV & ESS solutions, presented its latest solar and storage solutions with PowerMagic leading the show at the All Energy exhibition in Australia , solidifying its presence in the Australian solar market. Australia is seeing rapid growth on commercial energy storage installations as business owners strive to make the […] Read more
Flexible Energy Solution Key Towards Decarbonization: EEA Updated On Wed, Oct 25th, 2023 by Saurenergy The European Environment Agency (EEA) recently published a report titled ‘Flexibility Solutions for Decarbonization: Securing the EU Electricity System.’ This report highlights a significant surge in renewable energy capacity, specifically in solar and wind energy, which is expected to increase from 24% to 60% of the total renewable energy capacity. The report indicates that this development will […] Read more
Germany’s 1Komma5° To Set Up 5 GW TOPCon Plant Updated On Tue, Oct 10th, 2023 by Saurenergy Hamburg-based energy startup 1Komma5°, which prides itself on making modules using Made in Germany polysilicon, has announced plans for a 5 GW tunnel oxide passivated contact (TOPCon) module assembly plant in Germany.\ Founded in 2021, 1Komma5° successfully rolled out the first of its modules at the end of 2022. For its software application, 1Komma5° secured […] Read more
