Budgetary Allocation for Solar Sees Upward Thrust, But Wind Slumps Updated On Thu, Feb 2nd, 2023 by Saurenergy Finance Minister Nirmala Sitharaman has placed eminence on green growth in Budget 2023-24. Consequently, a slew of announcements and schemes have been announced. Off-grid and grid-connecting solar projects as well as PM-KUSUM has also see a major increase in budgetary allocation. An outlay of Rs 7327 crore has been approved towards the scheme for both […] Read more
Greek Firm OET Seeks to Mass Produce Flexible Multicolour Solar Panels Updated On Thu, Feb 2nd, 2023 by Saurenergy As the world is honking towards the renewable sources of energy – primarily targeting the solar irradiance to generate electricity – a new player is mulling to bring out flexible solar panels that would further enhance the expansion of solar power world over. In a key development, Greek start-up Organic Electronic Technologies (OET) has said […] Read more
RUVNL Floats Tender for 1.5 GW Wind-Solar Hybrid Projects with Storage Updated On Wed, Feb 1st, 2023 by Saurenergy Rajasthan Urja Vikas Nigam (RUVNL), has invited bids for the establishment of 1.5 GW(AC) ISTS-connected Wind-Solar Hybrid Power Projects with Storage, to be set up anywhere in India. The projects are to have flexibility in scheduling power as required by DISCOMS. The project must have a mandatory energy storage system (ESS) of a minimum of […] Read more
WEC Energy To Acquire 80% Stake In 250 MW Texas Solar Project Updated On Wed, Feb 1st, 2023 by Saurenergy US energy conglomerate WEC Energy Group has announced that it has signed an agreement to acquire an 80% ownership interest in the Samson I Solar Energy Center. The investment by WEC Energy Group is expected to total approximately $250 million for the 80% ownership interest. WEC Energy said that Samson I is a 250-MW project […] Read more
Juniper & Solarcraft Win 50 MW, EDF & ACME Pokharan 100 MW Each in GUVNL 300 MW Wind Auction Updated On Tue, Jan 31st, 2023 by Saurenergy In the fresh auction by Gujarat Urja Vikas Nigam (GUVNL) for the power supply of 300-MW grid connected wind energy projects, Juniper Green Energy, WYN Renewables, EDF Renewables, ACME Pokharan Solar and Solarcraft Power India have emerged as winners. As per the results by GUVNL of the Phase-IV wind energy projects, the players also have […] Read more
Five Secrets About Solar & Wind Power You Should Know Updated On Tue, Jan 31st, 2023 by Saurenergy As Solar and wind are becoming increasingly popular sources of renewable energy, detractors love to point to limitations like intermittency, efficiency as drawbacks. However, even as these drawbacks are being covered with the drop in storage costs and ever higher efficiencies for both these options, many people may not be aware of the reason solar […] Read more
Boost to SMEs, Easy Imports, Cheaper Financing: Solar Expectations from Budget ’23 Updated On Tue, Jan 31st, 2023 by Saurenergy Budget 2022 made major announcements. Primary among them was the earmarking of Rs 19,500 crore for production linked incentives towards the manufacturing of high efficiency solar photo voltaic modules. While this has been a source of hope for the industry, a major mood dampener has been the imposition of duties on solar cells and modules. […] Read more
Pension Manager Railpen Buys BayWa r.e. Solar Farm in UK Updated On Tue, Jan 31st, 2023 by Saurenergy One of the United Kingdom’s key pension managers – Railpen – has announced that that it has acquired a Cambridgeshire solar project from BayWa r.e. that has furthered its renewable energy expansion. Global renewable energy firm BayWa r.e. previously owned the Bracks solar farm which is a 30 MWp project that will generate clean energy […] Read more
GE Mulls Building 2 New Offshore Wind Factories in New York Updated On Tue, Jan 31st, 2023 by Saurenergy Clean energy conglomerate GE Renewable Energy has said that it has submitted a plan to construct two new manufacturing facilities in New York if the company wins a sufficient volume of orders from customers in the State’s ongoing solicitation for up to 4.6 GW of offshore wind. GE said that it will be building the […] Read more
