Global Solar Outlook 2024- BNEF Expects 655GWdc Addition In Best Case Updated On Thu, Feb 29th, 2024 by Saurenergy Amid early expectations of a possible stall in China’s solar additions in 2024, comes the latest Global PV Market Outlook from BNEF. The report has projected up to 655GWdc of solar PV capacity additions this year in its optimistic scenario, with its conservative forecast projecting 520GWdc. For the record, it tracked 444GWdc of solar capacity […] Read more
Arevon Secures $1.1 Billion Funding For California Solar And Storage Project Updated On Wed, Feb 28th, 2024 by Saurenergy US-headquartered renewable energy developer Arevon Energy has announced that it has secured more than $1 billion in aggregate financing commitments for its Eland 2 Solar-plus-Storage Project in Kern County, California. The 374 megawatts (MWdc) solar project coupled with 150 MW/600-megawatt hours (MWh) of energy storage is under early-stage construction and is anticipated to come online […] Read more
GIPCL Invites Bids For EPC Package For 500 MW Solar Project Updated On Tue, Feb 27th, 2024 by Saurenergy Gujarat Industries Power Company Limited (GIPCL) has issued a tender inviting bids for a 500 MW solar power plant across the state of Gujarat. The tender is regarding the GIPCL selection process for the appointment of a contractor for the EPC Package along with the power evacuation system up to the GETCO substation for the […] Read more
RenewSys Ink MoU with Telangana For Rs 6,000 Crore Investment in Solar Manufacturing Updated On Tue, Feb 27th, 2024 by Saurenergy Singapore-based integrated manufacturer of solar modules, RenewSys India Private Limited has signed a Memorandum of Understanding (MoU) with the Telangana government, regarding establishing several manufacturing units for Photovoltaic (PV) modules and PV cells within the state. The agreement is about a phased investment totaling Rs 6,000 crore, slated to extend until the financial year 2028. […] Read more
NLC India Invites Bid For Central Inverters For 600 MW Khavda Solar Project Updated On Mon, Feb 26th, 2024 by Saurenergy NLC India has issued a tender inviting bids for the supply of central inverters for a 600 MW Solar Project in GSECL’s Solar Park at Khavda inGujarat. The bids have been sought under a two-part system followed by reverse bidding. This 600 MW Solar Power Project will be developed by NLCIL through its wholly-owned subsidiary […] Read more
Largest Solar Battery Project By SECI Commissioned in Chhattisgarh Updated On Mon, Feb 26th, 2024 by Saurenergy Solar Energy Corporation of India Limited (SECI), under the Ministry of New and Renewable Energy, has commissioned India’s largest Battery Energy Storage System (BESS). The project was inaugurated by PM Modi on February 24. The 40 megawatts (MW) / 120MWh BESS with a solar photovoltaic (PV) plant which has an installed capacity of 152.325 megawatt […] Read more
Telangana Launches 10.5 MW Solar Project By SCCL Updated On Mon, Feb 26th, 2024 by Saurenergy Telangana agriculture minister T Nageswar Rao inaugurated a 10.5 MW solar plant set up by Singareni Collieries Company Limited (SCCL) at Ramavaram in Kothagudem town on 25th February. On the occasion of the inauguration of the state-owned Singareni Collieries Company Limited (SCCL), the minister spoke of the insurance scheme plans to provide cover for over […] Read more
Atlas Renewable Energy Acquires Its First Solar Project In Colombia Updated On Mon, Feb 26th, 2024 by Saurenergy Renewable Energy Company, Atlas Renewable Energy has announced that it acquired its first solar project in Colombia. The Shangri-La solar project, located in the Department of Tolima, will generate approximately 403.7 GWh per year and will supply clean energy through a power purchase agreement (PPA) that Atlas has entered into with a leading Colombian company […] Read more
5 Ways India Defies Global Rules For Solar Success Updated On Mon, Feb 26th, 2024 by Saurenergy At every large renewable energy event today India’s solar success is invariably taken as a given. Be it capacity additions (eventually), or manufacturing prowess (soon, we are told) industry and government in particular has been at pains to stress that it’s all practically ordained. We believe that despite the impressive progress India has made in […] Read more