China’s Module Giants Sound Alarm Over Falling Prices Updated On Thu, Nov 30th, 2023 by Saurenergy At the Bloomberg New Energy Finance Summit in Shanghai on November 27, the leaders of China’s, and the world’s largest solar module firms expressed worries on the all time low module prices seen in recent weeks and months. For what it is worth, prices are expected to drop even further before any recovery can start. […] Read more
EU Action Plan Proposes 40% Investment In Electricity Grids Till 2030 Updated On Wed, Nov 29th, 2023 by Saurenergy The European Union (EU) Commission released an ‘Action Plan’ which supports the European Green Deal. The Commission’s proposed action plan aims at supporting the Europe’s electricity demand, which is expected to increase by 60% till 2030. The prosed system is expected to help deliver a digitalized, decentralized and flexible system. It claims to accommodate millions […] Read more
Charge Zone & MG Motor Partner to Boost EV Charging Network Across India Updated On Wed, Nov 29th, 2023 by Saurenergy Automotive firm MG Motor India has joined hands with Charge Zone aiming at the expansion of EV charging network across India. Under the partnership forged by the two firms to set up EV charging network, Charge Zone and MG Motor will set up charging stations across prime locations on highways, cities as well as MG […] Read more
GUVNL Looks to Procure 500 MW Hybrid Renewable Power Updated On Tue, Nov 28th, 2023 by Saurenergy Gujarat Urja Vikas Nagam Limited (GUVNL) has issued a tender seeking developers for a hybrid solar-wind projects. The state-utility sought to purchase the clean power from this hybrid project through competitive bidding process (followed by reverse e-auction). As per the tender documents of this 500 MW hybrid renewable energy projects (Phase I), GUVNL will also […] Read more
MERC Allows Compensation To Tata Power Over Hiked GST Rates Updated On Tue, Nov 28th, 2023 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) in its latest judgement allowed compensation to Tata Power Green Energy Limited (TPGEL) on account of ‘change of law’ events. The order came to the fore when TPGEL moved the State Commission seeking compensation on account of additional expenses due to increased GST rates. TPGEL, the petitioner in the […] Read more
Remove Fossil Fuel Subsidy To Meet 2030 RE Targets: BloombergNEF Updated On Tue, Nov 28th, 2023 by Saurenergy A latest report from BloombergNEF on the issue of global renewable targets claimed that solar is on track for what’s needed to achieve the 2030 target. The report highlighted that the world needs to reduce subsidies in fossil fuels to boost the growth of renewables. This comes at a time when several global leaders are […] Read more
France’s Fifth PPE2 Auction Round Awards 931.3 MW Capacity Updated On Tue, Nov 28th, 2023 by Saurenergy 54 onshore wind projects have been awarded deals in the recent onshore wind tender that had been floated by France. The fifth PPE2 auction, which is France’s multi-year energy procurement programme, was slightly oversubscribed at a capacity of 931.3 MW, exceeding the target set at 925 MW. The average cost at which the projects were […] Read more
Bihar Sees 50% Surge In Awareness On DRE Among Women: Report Updated On Fri, Nov 24th, 2023 by Saurenergy An endline survey conducted under the Bolega Bihar initiative revealed a significant increase in awareness of renewable energy among women, rising from 25% to 76% in Nalanda and Gaya districts in the state. The study indicates a significant increase in awareness of renewable energy among the targeted group, rising from 25 per cent at the […] Read more
Deye To Start Manufacturing Inverters, ESS in India Soon: Bharat Singh Updated On Fri, Nov 24th, 2023 by Saurenergy How has the journey of Deye in India been till now? In the last two years, Deye has increased its presence in India. We earlier, introduced our hybrid inverters to ensure our brand gets recognition in the country’s renewable sector. We also launched on-grid inverters. In the recently-concluded REI Expo in Greater Noida, we introduced […] Read more
