Global Energy Transition Investments Exceed $2Tn: BloombergNEF Updated On Mon, Feb 3rd, 2025 by Saurenergy BloombergNEF’s annual report found that low-carbon energy transition investment grew by 11% worldwide, reaching a record $2.1 trillion in 2024. According to the Energy Transition Investment Trends 2025 report, this growth was driven by electrified transport, renewable energy, and power grids. The report revealed that all these sectors reached new highs last year, along with […] Read more
Budget 2025: Experts Expect Spur In India’s Renewable Growth Updated On Mon, Feb 3rd, 2025 by Saurenergy The 2025 Budget brought forward by Union Finance Minister Nirmala Sitharaman raised new hopes for the Indian solar sector. With an increase in the budgetary allocations for the overall solar sector and higher budgets for key schemes like PM Surya Ghar, PM-KUSUM and solar power transmission infrastructure, the industry is looking at a healthy growth […] Read more
Budget 2025- Green Stocks Fail To Fire Despite Manufacturing Push Updated On Sat, Feb 1st, 2025 by Saurenergy The 2025 budget presented by Finance Minister Nirmala Sitharaman had one announcement at the end that overshadowed almost everything mentioned before. Yes, we are referring to the hike in Income Tax exemption limit for salaried individuals to Rs 12 lacs, a move that is seen as the biggest effort yet to spur domestic consumption by […] Read more
Odisha’s RE Market Can Attract Rs.1.5 Trillion Investments: CEEW Updated On Fri, Jan 31st, 2025 by Saurenergy Odisha has the potential to create approximately 10 lakh new full-time equivalent (FTE) jobs across three green sectors — energy transition, circular economy, and bio-economy and nature-based solutions— and attract INR 3.5 lakh crore (~USD 42 billion) in investments by 2030, reveals a study by the Council on Energy, Environment and Water (CEEW). The study […] Read more
News In Brief Jan 31: Torrent Power, EU’s Cross-Border Energy Infrastructure, Meta, Zelestra Agreement Updated On Fri, Jan 31st, 2025 by Saurenergy Torrent Power Commissions 300 MW Solar Project In Gujarat Torrent Power Limited subsidiary, Torrent Saurya Urja 2 Private Limited (TSU2) has received a certificate from the Gujarat Energy Development Agency certifying the commissioning of a 300 MW solar project w.e.f. December 15, 2024. The Gujarat Energy Development Agency-certified solar power plant has come into full […] Read more
SEIA Envisions To Install 700 GWh ESS Across US By 2030 Updated On Thu, Jan 30th, 2025 by Saurenergy US solar body Solar Energy Industries Association (SEIA) has unveiled a target for the U.S. to deploy 10 million distributed storage installations and reach 700 gigawatt-hours (GWh). These targets are part of a new whitepaper that analyzes the economic and energy security imperative of the storage sector. SEIA has also set sub-targets for residential, community, […] Read more
Gujarat Issues Norms For Setting Up Off-Grid, Hybrid Projects Updated On Wed, Jan 29th, 2025 by Saurenergy The Gujarat Energy Development Agency (GEDA) recently released guidelines for setting up off-grid solar, wind, and wind-solar hybrid projects in Gujarat. These guidelines aim to streamline procedures for these projects, including storage registration. The Gujarat government introduced this policy in response to requests from renewable energy project developers and to address challenges they face in […] Read more
Telangana Joins BESS Space With 250 MW/500 MWh Tender Updated On Mon, Jan 27th, 2025 by Saurenergy Telangana Genco’s (TGGENCO) latest tender seeks to select BESS developers to build 500 MWh (250 MW x 2 hours). The tender invites bids from BESS developers to establish an “on-demand” battery storage system under Tariff-based Global Competitive Bidding with Viability Gap Funding (VGF) in Telangana. TGGENCO is accepting bids until February 21, 2025. With the […] Read more
Budget 2025: Green Firms Seek Support For Wafer, Ingot Production Updated On Mon, Jan 27th, 2025 by Saurenergy As the Union government is gearing up to announce the Union Budget, India’s renewable energy sector is expecting more hand-holding support from the government. The industry is now also keen to have more stability in policies and attention to some of the lesser support areas of the industry. In the last interim and extended budget […] Read more
