Saudi’s ACWA Power in PPA with South Africa for Dispatchable RE Project of 150 MW Updated On Wed, Dec 20th, 2023 by Saurenergy Saudi-based clean energy firm ACWA Power, has entered into a Power Purchase Agreement (PPA) for a project known as, ‘ACWA Power Project DAO’ to be established in South Africa. The initiative is for a dispatchable renewable hybrid plant of 150 MW capacity. The signatories of the agreements included Gwede Mantashe, Minister of Mineral Resources and […] Read more
PM KUSUM: Ambitions Continue to Overpower Ground Work in 2023 Updated On Fri, Dec 15th, 2023 by Saurenergy The Union Minister for New & Renewable Energy and Power R.K. Singh has informed that 2.73 lakh standalone solar pumps have been installed under PM-KUSUM as on October 31, 2023. Not surprisingly, Component A has barely seen installations, with Component C being disappointing. Component B has fared better relatively. Component A Installations Fail to Impress […] Read more
India Added 87,397 kms Of Power Lines In Last 6 Years: Power Ministry Updated On Fri, Dec 8th, 2023 by Saurenergy Union Power Minister R.K Singh in his written reply to the Parliament informed the House that, the national grid national electricity grid capacity has been expanding in line with the increasing electricity demand and capacity. He said that, till 31st October 2023, based on the MNRE data, about 179 GW Renewable Energy capacity (including hydro) […] Read more
To Meet Targets, Wind Power Needs To Grow 3 Times By 2030: Report Updated On Wed, Nov 22nd, 2023 by Saurenergy A latest report from EMBER studied global renewable capacity and found that, based on current national targets, it’s set to increase by 7.3 TW by 2030. It anticipates that, based on the current national target, the renewable energy capacity is set to increase by 2.1x until 2030. The report on ‘Tracking National Ambition Towards a […] Read more
EU Witnessed Signing 7.1GW Of PPAs Till September 2023: EY Report Updated On Wed, Nov 22nd, 2023 by Saurenergy A report by Ernst & Young (EY) provided an update on the Renewable Energy Countries Attractiveness Index (RECAI), focusing specifically on offshore wind energy. According to the report, India maintained its 16th position, consistent with the previous year. India’s technological standing in Concentrated Solar Power (CSP) is noted at 34.3, while solar Photovoltaic (PV) is […] Read more
EU’s Grid Infrastructure Needs 200 GW Battery Storage: Report Updated On Tue, Nov 14th, 2023 by Saurenergy The Solar Power Europe report on the use of storage in grid, and the importance of developing supportive energy policy talked about several aspects of the grid infrastructure in the European Union (EU). It underscored the key recommendations for strengthening the EU grid policy to drive transformative changes in the energy landscape for battery storage. […] Read more
Hithium & Perfect Power Join Forces for 1 GWh Energy Storage Updated On Fri, Nov 10th, 2023 by Saurenergy Manufacturer of stationary energy storage products for large-scale energy project developers as well and commercial and industrial sector, Hithium has forged a partnership with energy storage project developer Perfect Power LLC. The agreement was signed at Hithium’s headoffice located in China. The agreement will pave the way for Hithium to supply battery products of 1 […] Read more
Financial Impact of Mitigation Policies Centered on Deep Decarbonization Most Severe on These States Updated On Mon, Nov 6th, 2023 by Saurenergy The National Institute of Public Finance and Policy (NIPFP) has released a paper reflecting on ‘Deep De-decarbonization and Regional Equity’ and regional imbalances in India with respect to Variable Renewable Energy. The insightful report has been authored by Sanjay Mitra and Rohan Chandra from the School of Public Policy, IIT Delhi. Impact on states The […] Read more
New York Government Clears the Path for 6.4 GW Clean Energy Projects Updated On Thu, Oct 26th, 2023 by Saurenergy The New York state government has announced a slew of initiatives that are set to accelerate capacity additions of renewable energy massively. Notable among these are Community Offshore Wind and Clean Path NY. In a recent announcement that further sets an optimistic tone for New York renewable energy industry, the government has given a green […] Read more
