Airtel To Source 23,000 MWh of Renewable Power For 6 Data Centers Updated On Mon, Sep 4th, 2023 by Saurenergy Telecom operator Airtel today announced that it would purchase 23,000 MWh of renewable energy by Q4 FY 23-24 for its data center company, Nxtra. The telecom firm will acquire stakes in the renewable energy project companies established by Continuum Green India Pvt. Ltd. and Vibrant Energy Holdings Pte. Ltd. to power six of Nxtra’s Edge […] Read more
NIIF-Backed Ayana Renewable Power To develop 330 MW RE Capacity For Hindalco Updated On Mon, Sep 4th, 2023 by Saurenergy Ayana Renewable Power, one of the largest Independent Power Producers (IPP) in India and backed by National Investment and Infrastructure Fund (NIIF), British International Investment (BII) and Green Growth Equity Fund, has signed a Power Purchase Agreement with Hindalco Industries Limited, the metals flagship company of the Aditya Birla Group, for the supply of 100 MW of Round-the-Clock […] Read more
Increased Wind, Hydro Power Surged Renewable Generation In July Updated On Mon, Sep 4th, 2023 by Saurenergy An analysis of the latest monthly renewable energy generation data from the Central Electricity Authority (CEA) claimed that the increased generation of clean energy from wind power projects and small and hydropower projects led to an overall increase in non-fossil fuel energy generation in July this year. However, the data also revealed that solar energy generation during […] Read more
H1 Revenues and Growth Powered By Global Expansion For Chinese Solar Majors Updated On Mon, Sep 4th, 2023 by Saurenergy While protectionist moves in key global markets might be a factor in a couple of years or earlier, for now, Chinese solar manufacturers offering critical solar equipment are enjoying their day in the sun. Key players are all delivering record numbers, thanks to capacity increases and steady prices. H1 figures coming from firms across the […] Read more
Govt Releases Framework For Promoting Energy Storage Updated On Mon, Sep 4th, 2023 by Saurenergy The Ministry of Power has now released a detailed framework for promoting energy storage systems (ESS) in the country. The framework includes the promotion of battery storage systems as well as pumped storage systems. The ministry guidelines advocated for a Viability Gap Funding (VGF) of up to 40 percent of the project’s capital cost to make […] Read more
Drop In Solar Costs Put At 3% by IRENA for 2021-22 Period Updated On Mon, Sep 4th, 2023 by Saurenergy The International Renewable Energy Agency (IRENA) has published a report into the cost of producing power in 2022, putting the drop in levelised cost of electricity (LCOE) in the solar PV sector at 3% in 2022, and 89% between 2010 and 2022. The findings will be no surprise to industry insiders, considering how the drop […] Read more
Largest Procurement Effort for US Community Solar as Nexamp Orders 1.5 GW Solar Modules Updated On Fri, Sep 1st, 2023 by Saurenergy In what is touted as the largest procurement initiative for community solar in US, Boston’s community solar developer, Nexamp, has placed an order worth 1.5 GW of solar modules from Heliene, a manufacturer of solar photovoltaic modules in American and Canadian facilities “A solar order of this size is without precedent and comes at a […] Read more
Google & Apex Clean Energy Join Forces for Timbermill Wind Project of 189 MW Capacity Updated On Fri, Sep 1st, 2023 by Saurenergy US-based firm, Apex Clean Energy, which delves into the origination, commercialization, construction, and operation of utility-scale wind energy facilities has joined hands with Google for 189 MW worth of capacity for the Timbermill Wind project. The wind project will be established in North Carolina, USA. The said wind project will aid Google, which is eyeing carbon-free […] Read more
Chandigarh Admin Pegs BOT Model for Installation of Free of Cost Rooftop Solar at 22.5 Years Updated On Fri, Sep 1st, 2023 by Saurenergy In a recent development for rooftop solar plants across the city of Chandigarh, the city administration has given its nod to the CREST (Chandigarh Renewable Energy Science and Technology Promotion Society) to peg the build, operate and transfer (BOT) model for twenty two and a half years in the city. The idea for the installation […] Read more