MSEDCL Invites Bids From Across The World For Power From 500 Mw Updated On Mon, Jun 13th, 2022 by Saurenergy Taking a different path from previous bids, Maharashtra State Electricity Distribution Company Limited (MSEDCL) has invited bids from across the world to procure power from 500 MW of intrastate grid-connected solar power projects (Phase-VII) for 25 years. Previous bids meant for purchase of power were invited from both interstate or intrastate grid connected solar projects. […] Read more
Record US $14.5 b Investment In Indian RE In Last FY Updated On Mon, Jun 13th, 2022 by Saurenergy A record US$14.5 billion was invested in renewable energy In India during the last financial year (FY2021-22) registering an increase of 125% compared to FY2020-21. However, that number still needs to be higher to meet the new demands of the renewable capacity target of 500GW by 2030. 15.5 gigawatts (GW) of renewable energy capacity was […] Read more
Growatt Wins “Top Brand PV Storage” Award From EUPD Research Updated On Mon, Jun 13th, 2022 by Saurenergy EUPD Research, the well known market research company, has awarded “Top Brand PV Storage” to Growatt in 6 different countries including Italy, Australia, the UK, Scandinavia, the Czech Republic, & Brazil, etc. The award recognises the brand for credibility, market penetration, brand recognition, and satisfaction, in all these six countries. Growatt is included in the […] Read more
The Top 5: Cryptocurrencies Seeking A Greenwash Updated On Fri, Jun 10th, 2022 by Saurenergy Bitcoin’s environmental impact has been a talking point for a while now. From being compared to the energy consumption of whole countries to the impact of such consumption to climate change, the high energy use has been the biggest, and easiest stick to beat it up with. Similarly, the carbon footprint of the many other […] Read more
SJVN to collaborate with Assam Govt for renewable energy projects Updated On Thu, Jun 9th, 2022 by Saurenergy The Assamese government looks bullish on renewable energy as the state and the entire North East region, always blessed with high potential, finally act on it. In the latest development, Director Finance of Shimla based state owned Satluj Jal Vidyut Nigam (SJVN), Akhileshwar Singh met with the Assam Chief Minister Himanta Biswa Sarma in Guwahati […] Read more
China’s Dajin To Supply World’s Largest Monopiles To Moray West Wind Farms Updated On Thu, Jun 9th, 2022 by Saurenergy China’s Dajin Offshore Heavy Industry has announced that it has signed a contract for the UK’s Moray West Offshore Wind Farm for the manufacturing and supply of ‘XXL monopoles.’ The monopiles will be one of the largest to be installed so far in the world and Dajin will supply it. Dajin has also declared that […] Read more
Despite Positive Results, Renewable Energy In Australia Faces Local Challenges Updated On Wed, Jun 8th, 2022 by Saurenergy Community protests are delaying Australia’s efforts to rebuild its overburdened electricity infrastructure, potentially delaying investments in wind and solar farms (Renewable Energy) that would be needed to replace retiring coal-fired power generation over the next 25 years. The continent sized country has long been blamed for going too slow on renewable additions, besides its high […] Read more
IEX Power Market Update for May – 80% Growth For Green Market Updated On Tue, Jun 7th, 2022 by Saurenergy In its May 2022 update, India’s premier energy exchange IEX (Indian Energy Exchange) informs that it 7596 MU of electricity volume in May’22 comprising 6680 MU in the conventional power market, 642 MU in the green power market, and 275 MU (2.75 lac Certificates) in the REC Market, registering 16% YoY growth across all the […] Read more
Energy Storage To Keep Pace With RE Installation In India – Fitch Ratings Updated On Tue, Jun 7th, 2022 by Saurenergy The success of renewable energy in any market largely depends on the energy storage capacity given the intermittency nature of it. The credit rating agency, Fitch Ratings, has said in its new report that power storage demand in India will expand at a rapid pace to stabilise the increasing variability on both the power supply […] Read more