India Will Surpass 100 GW of Solar Installed Capacity By Early 2024: Report Updated On Thu, Jun 15th, 2023 by Saurenergy A study entitled ‘Global Market Outlook For Solar Power 2023-2027’ (With a Focus on South East Asia) has been released. The major findings of the insightful report are as follows- Top Five Countries in Installations The top five countries that added solar installations in 2022: 1. China: 100 GW (Approx) 2. US: 21.9 GW 3. […] Read more
UK Allocates £4.3 Mn Funding to Advance Space-Based Solar Power Updated On Tue, Jun 13th, 2023 by Saurenergy The UK government has allocated £4.3 million in funding to universities and tech companies to drive the development of space-based solar power. While the concept of commercial power stations in space may seem futuristic, the space industry has long been at the forefront of solar power advancements. As part of the government’s space-based solar power […] Read more
SECI Signs PSA With GRIDCO To Provide 600 MW Of Wind Power To Odisha Updated On Fri, Jun 9th, 2023 by Saurenergy The Solar Energy Corporation of India Limited (SECI), has signed a Power Sale Agreement (PSA) with Odisha’s state utility GRIDCO. GRIDCO is the state government’s nodal agency for dealing with the bulk transmission of power in the state. Under the agreement, GRIDCO will purchase 600 Megawatt (MW) of wind power from SECI under Tranche – […] Read more
RE Projects With No PPAs, Made For Power Exchanges- CFD could Make It Possible Updated On Fri, Jun 9th, 2023 by Saurenergy In an announcement that could potentially change the landscape of renewable energy projects, the way they are procured and the flexibility, freedom enjoyed by developers and generators in the industry, new renewable energy projects can now be sold on power exchanges exclusively. Traders and project developers will interact directly for contracting supplies from these projects. […] Read more
Europe’s SOLEK Closes $379 Million Financing for Chile Solar Projects Updated On Thu, Jun 1st, 2023 by Saurenergy European renewable energy firm SOLEK has closed a $379 million financing for its portfolio in Chile, consisting of solar photovoltaic utility-scale and PMGD (Small Means of Distributed Generation projects in chile). The solar power projects will come up in the Central Region. SOLEK claims to be a fast-growing company in the renewable energy sector. It […] Read more
India’s Solar O&M Market: A tale of increased domination of new evolving technologies Updated On Tue, May 30th, 2023 by Saurenergy If you track the Indian solar sector or are a regular SaurEnergy reader, you might remember the increasing frequency of news reports on the topic of robotic cleaning of solar panels. Be it Ecoppia, Airtouch (incidentally, both are Israeli firms), or the domestic Skilancer Solar and many more, robotic cleaning has created a disruption in […] Read more
Wood Mackenzie: China’s Solar Exports Boom 64% In 2022 Despite Global Trade Tensions Updated On Wed, May 24th, 2023 by Saurenergy A new report from Wood Mackenzie has revealed that solar exports of China grew 64% to $52 billion in 2022 despite global trade tensions. Wood Mackenzie research director Alex Whitworth held that trade tensions have taken a back seat to high power prices driven by the energy crisis, and this is causing consumers and developers […] Read more
Gujarat Discoms To Get 500 MW Of Solar Power At Rs 2.51/unit Updated On Tue, May 23rd, 2023 by Saurenergy Electricity distribution companies in Gujarat are all set to get green energy from its 500 Megawatt (MW) grid-connected solar projects in the state with a tariff of Rs 2.51 to Rs 2.52 per unit. The Gujarat Electricity Regulatory Commission (GERC) recently approved these tariffs. It comes after the Gujarat Urja Vikas Nigam Ltd (GUVNL) moved a petition […] Read more
NTPC Issues Tender for O&M of Solar Plants up to 50 MW Updated On Tue, May 23rd, 2023 by Saurenergy The National Thermal Power Corporation Limited (NTPC) has issued a tender for outsourcing its operation and maintenance of solar power plants up to 50 Megawatt (MW). The leading power producer of India has kept the closing date for the bid to June 29, 2023. The bidders can submit their bids by June 29, 2023. It […] Read more
