Sungrow Pins Hopes On Its 1+X Modular Inverter For Utility Sector Updated On Wed, Nov 22nd, 2023 by Saurenergy Energy storage service provider Sungrow has now pinned hopes for its 1+X modular inverter for utility-scale solar projects across the world. It claims that in large-scale utility PV applications, Sungrow’s 1+X Modular Inverter can assist with its intelligent branch diagnosis function, particularly beneficial when a system solution does not contain a combiner box or if […] 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
CERC Allows Adani Subsidiary Compensation For ‘Change of Law’ Events Updated On Tue, Nov 21st, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement, allowed compensation to Mahoba Solar (UP) Private Limited MSUPL) a subsidiary of Adani Green. The central commission allowed the compensation on account of ‘change of law’ events. These include the imposition of increased safeguard duty on the imports of solar cells and modules and the […] Read more
Early Stage VC SeaFund Invests in 5 DeepTech Startups Updated On Tue, Nov 21st, 2023 by Saurenergy Early stage focused Seafund Ventures has invested INR 5 crore across five sustainability focused startups. The fund plans to invest 20% of its entire investible corpus in clean energy and the EV value chain including sectors like transportation, logistics and circular economy. SeaFund is currently raising its second fund with a target corpus of INR […] Read more
West Bengal Discoms Operate Without Any Clear Mandate On RPO Updated On Mon, Nov 20th, 2023 by Saurenergy Electricity distribution companies in West Bengal have been struggling on a different front when it comes to their handling of renewable energy portfolios. The state, which has merely 636 MW of total installed renewable power capacity (excluding hydro) till recently, was clueless about its Renewable Purchase Targets (RPOs). Legal complexities and litigations have kept the issue pending, […] Read more
UK, German Moves To Support Offshore Wind Point To Challenges Ahead Updated On Fri, Nov 17th, 2023 by Saurenergy Ørsted’s Travails World’s biggest offshore wind energy developer- Danish firm Ørsted on November 1 this year announced ceasing developing two of its proposed offshore wind projects in the United States (US) at the cost of around £3bn in penalties. These projects were slated to come up at New Jersey off the US coast. They had […] Read more
UK Supports Slumping Offshore Wind Sector With 66% Hike In Auction Prices Updated On Fri, Nov 17th, 2023 by Saurenergy The UK, which has been one of the largest offshore wind markets until now, has moved to limit the damage and recover lost ground after a series of offshore wind projects were threatened or cancelled. The projects in the UK, and other regions, notably the US, were all cancelled due to rising costs and maintainance […] Read more
Current Growth Insufficient To Meet Global Net Zero Targets: KPMG Report Updated On Thu, Nov 16th, 2023 by Saurenergy A latest report from KPMG said that current developments across the world were not enough to meet the net zero targets globally. It said that governments and industry must deliver transformative change on net zero but are currently hamstrung by significant barriers, including global public debt, domestic tensions, increased opposition to decarbonization plans, and the […] Read more
Gensol Emerges as L1 in NHPC Green Hydrogen Mobility Station Tender Updated On Thu, Nov 16th, 2023 by Saurenergy Gensol Engineering Ltd., a firm that delves in the renewable energy and electric mobility sectors, has been identified as the lowest bidder for Engineering, Procurement and Commissioning (EPC) contract for a green hydrogen-based mobility station in Kargil, Ladakh. The NHPC mobility station tender was released in June, 2023. Gensol has emerged as the lower bidder […] Read more
