Energy Storage Can Bring 1 TW New Capacity Online By 2033, Finds Study Updated On Tue, Jul 9th, 2024 by Saurenergy Wood Mackenzie, recently forecasted an increase in renewable energy consumption from 2024 to 2033. It expects developers to bring more than 5.4 terawatts (TWac) of new solar and wind capacity online, which can increase the cumulative global total to 8 TWac, according to the latest analysis by Wood Mackenzie. The global data and analytics provider […] Read more
DVC’s Investment Plan To 2030 Focus More On Solar, Pumped Storage Updated On Mon, Jul 8th, 2024 by Saurenergy Kolkata based Damodar Valley Corporation (DVC) on Friday announced that it plans to invest Rs 20,000 crore by 2030 to install nearly 4,000 MW of solar capacity. DVC currently is a primarily thermal power firm, with 6540 MW of its existing installed generation capacity of 6,700 MW thermal. the corporation and its plans can have […] Read more
Africa Solar Progress: The Next Solar Frontier? Updated On Mon, Jul 8th, 2024 by Saurenergy Africa is a gold mine, both literally and figuratively. Providing essential resources for the global transition to clean energy, Africa also holds immense potential for renewable energy development. By 2023, the continent had 62.11 GW of renewable energy capacity installed, a figure that could rise substantially with more funding. Africa as a continent – and […] Read more
Even Better Together- Five Ways Solar Is Better With Other Green Energy Options Updated On Thu, Jul 4th, 2024 by Saurenergy Solar power is the fastest-growing energy source globally. The Global Market Outlook for Solar Power 2024-2028 report reveals that in 2023, global solar installations surged by 87 per cent compared to the previous year. In 2023, 447 GW of new solar capacity was added, up from 239 GW in 2022, bringing the world’s total solar […] Read more
SolarDuck, RWE Install Offshore Floating Solar Pilot Off Dutch Coast Updated On Thu, Jul 4th, 2024 by Saurenergy Dutch-Norwegian company SolarDuck, together with RWE, has installed its offshore floating solar (OFPV) pilot project ‘Merganser’ 12 km off the Dutch coast. The pilot project aims to test and demonstrate the structural, mooring, and electrical designs and acquire knowledge about manufacturing, assembly, offshore installation, and maintenance methodologies required for large-scale commercial deployment of OFPV. Merganser […] Read more
ACME Solar Holdings Limited Files DRHP for Rs 3,000 crore IPO Updated On Wed, Jul 3rd, 2024 by Saurenergy Gurugram-based Acme Solar Holdings Limited, with a portfolio of solar, wind, hybrid and firm and dispatchable renewable energy (FDRE) projects, has filed its draft red herring prospectus (DRHP) with the market regulator, Securities and Exchange Board of India (SEBI) to raise Rs 3,000 crore through an Initial Public Offering (IPO). The IPO, with a face value […] Read more
Jakson Green, NHPC Sign PPA For 400 MW Solar Project Updated On Wed, Jul 3rd, 2024 by Saurenergy Jakson Green today announced the signing of its first Power Purchase Agreement (PPA) with NHPC Limited. This agreement takes the company’s total portfolio of 1 GW under development. The PPA was signed between Onkar Yadav, General Manager, NHPC, and Kannan Krishnan, Joint Managing Director (MD), Jakson Green in the presence of M.K Gupta, Executive Director […] Read more
SolarAfrica Begins Work For 1 GW Project On SunCentral Solar Farm Updated On Wed, Jul 3rd, 2024 by Saurenergy SolarAfrica, an Independent Power Producer, providing financial and technical solutions in energy recently began construction on the Rand 5 billion development project. This marks the beginning of Phase 1 of the IPP’s flagship utility-scale project. It also marks some serious progress on South Africa’s challenge to add more renewable energy to a struggling grid. The […] Read more
KLK Ventures Bags 5 MW Allotment From UPNEDA For Solar Projects Updated On Tue, Jul 2nd, 2024 by Saurenergy Noida-based KLK Ventures Private Limited has been selected by the Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) as one of the solar power developers for an ambitious 500 MW grid-connected rooftop solar photovoltaic (PV) project. This project will be implemented on government, semi-government buildings, and other institutions across Uttar Pradesh under the Renewable […] Read more
