UK’s Foresight Solar Fund Forays Into Battery Storage; Takes 50% stake in SBSL Updated On Tue, Aug 2nd, 2022 by Saurenergy Renewable energy player, Foresight Solar Fund Limited, has acquired stakes in Sandridge Battery Storage project after it has acquired 50 per cent equity in Sandridge Battery Storage Limited (SBSL), the company is developing and constructing a large energy storage facility in UK. The facility is a 50 MW lithium-ion battery energy storage system based in […] Read more
MSEDCL Issues RfS For Purchase Of Power For Solar Power Projects Updated On Mon, Aug 1st, 2022 by Saurenergy Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued an RfS for the purchase of power on long term basis through competitive bidding process for 500 MW inter/intra state grid connected solar photovoltaic power projects. The timeline for the online submission of response to RfS is August 30, 2022 at 15.00 hrs. All documents are […] Read more
Solar Trackers: Poised To Boom With Solar Once Again Updated On Thu, Jul 28th, 2022 by Saurenergy Solar trackers are usually paired with ground mount solar systems in order to increase energy output of the solar panel. Recently, rooftop-mounted trackers have also emerged in the market. So, what is a solar tracker? How is it instrumental in boosting energy output of solar panels? In the simplest of terms, a solar tracker is […] Read more
500GW of Energy Storage Will Be Globally Available By 2031: Wood Mackenzie Updated On Thu, Jul 28th, 2022 by Saurenergy UK-based data provider Wood Mackenzie has released its Global Energy Storage Outlook today. According to this report, market growth for global energy storage has been uneven, with cumulative storage deployments anticipated to reach 500GW by 2031. Only 159-gigawatt hours (GWh) are projected for the region by 2031, compared to 422 GWh for China and 600 […] Read more
USA To Give $56 Million For Solar Manufacturing & Recycling Updated On Thu, Jul 28th, 2022 by Saurenergy The U.S. Department of Energy (DoE) will be funding new initiatives with $56 million which includes $10 million from President Biden’s Bipartisan Infrastructure Law, to spur innovation in solar manufacturing and recycling in the country. The government said that the funding will help make clean energy more affordable and reliable. Also, developing more solar power […] Read more
Over 500GW Generation By 2030 From Renewable Energy: RK Singh Updated On Thu, Jul 28th, 2022 by Saurenergy The Union Power and New & Renewable Energy Minister RK Singh, on July 27 said the renewable energy capacity will reach over 500GW by 2030. In his message at the launch of a report of The Energy Resource Institute (TERI), Singh said, “By 2030, the total capacity for power production would be about 820GW. Out […] Read more
Filatex India Signs PPA To Purchase Renewable Energy Updated On Thu, Jul 28th, 2022 by Saurenergy Filatex India Ltd, has signed a PPA with FP Crysta Energy Pvt Ltd and an SHA with FPEL Sunrise Pvt Ltd. The agreements have been signed under Gujarat’s Hybrid Wind-Solar Power Policy 2018 to mitigate the cost of energy from the grid that has constantly been on the rise and while also keeping in mind […] Read more
Turmoil Ahead In Solar, As Key Suppliers Continue To Raise Solar Input Prices Updated On Thu, Jul 28th, 2022 by Saurenergy Consider this. The price of Polysilicon, the earliest processed input in the solar supply chain, averaged CNY (Chinese Yuan) 76/kg in 2020. In 2021, thanks to a series of incidents at key manufacturing plants and rising demand, prices averaged CNY 117/kg. However, prices as of July 24 have climbed to well over CNY 260/kg, after […] Read more
Policy Muddle, Economy Trip Up US Clean Energy Growth In Q2, Says Industry Association Updated On Thu, Jul 28th, 2022 by Saurenergy According to a report from the American Clean Power Association (ACPA), a US body of mostly energy developers, the rate of clean energy deployment slowed substantially in the second quarter. The association’s report blames policy headwinds, economic factors and trade issues for impacting project development and increasing the backlog of new project delays. The report […] Read more
