Ministry of Power Releases Guidelines For Uniform Renewable Tariff Updated On Thu, Oct 26th, 2023 by Saurenergy The Ministry of Power has now approved the procedure for implementing a Uniform Renewable Energy Tariff for the end power procurers, including discoms and open-access consumers. It will be applicable to renewable energy projects connected with the Inter-State Transmission Systems (ISTS). It comes after the Electricity (Amendment) Rules 2022 discussed the uniform renewable tariff (URET). […] Read more
Solar Accounted For 60% Of New Generation Capacity In Last 5 Years: IEA Updated On Wed, Oct 25th, 2023 by Saurenergy The International Energy Agency (IEA) report titled “World Energy Outlook”, shares an update on India’s initiative to build energy security and reduce greenhouse gas emissions. The report states that recent events, such as rising heatwaves and other extreme weather events, have not caused a significant increase in greenhouse gas emissions. It further adds that it […] Read more
IndiGrid Scores Maiden Win for 20 MW/ 40 MWh Battery Energy Storage System Project Updated On Wed, Oct 25th, 2023 by Saurenergy IndiGrid (BSE: 540565 | NSE: INDIGRID), India’s first power sector InvIT, has received the Letter of Intent (LOI) / Letter of Award (LOA) from BSES Rajdhani Power Limited (BRPL) to look into the design, supply, testing, installation, commissioning, operation and maintenance of 20 MW/40 MWh BESS in Delhi. The project is envisaged on build, own, […] Read more
The Future of Solar Fabrication: Emerging Trends to Watch Updated On Wed, Oct 25th, 2023 by Saurenergy As the world grapples with the consequences of climate change and transitions to cleaner and more sustainable energy sources, solar energy remains as a bright beacon of hope in the renewable energy landscape. Solar power accounts for 4.5% of the world’s electricity and is the third largest renewable electricity technology, behind hydropower and wind. However, the future […] Read more
AmpIn & Jupiter Partnership Sets Sights on 1.3 GW Solar Manufacturing Unit Updated On Wed, Oct 25th, 2023 by Saurenergy AmpIn Energy Transition, an Independent Power Producer (IPP) has announced its strategic partnership with solar solutions provider, Jupiter International Limited, to establish a joint venture dedicated to the solar manufacturing business. Under the JV, a state-of-the-art manufacturing facility will be set up, aimed at manufacturing up to 1.3 GW of high-quality solar cells and modules […] Read more
SECI Looks for Developers to Set Up 2000 MW Wind-Solar Hybrid Projects Updated On Wed, Oct 25th, 2023 by Saurenergy SECI, a Miniratna CPSU under the Ministry of New & Renewable Energy, has issued an RfS for the selection of hybrid power developers for setting up of 2000 MW ISTS-connected wind-solar hybrid power projects in India under Tariff-Based Competitive Bidding (SECI Tranche-VII). The tender fee is INR 29500. The tender EMD is INR 1469000. The […] Read more
Husk Power Secures $100+ Million in Equity and Debt To Boost Growth Updated On Wed, Oct 25th, 2023 by Saurenergy Husk Power Systems has now announced closing $43 million in Series D funding. It said that it is the largest-ever equity raise in the minigrid industry. The funding, the firm said, would bolster Husk’s position as the leader in electrifying communities in rural Sub-Saharan Africa and South Asia with an Artificial Intelligence-enabled platform of renewable […] Read more
IEA World Energy Outlook 2023-Focus on Affordability, Developing Nations To Achieve Targets Updated On Wed, Oct 25th, 2023 by Saurenergy The International Energy Agency’s (IEA) Annual World Energy Outlook Report is out, and it does its best to paint an optimistic picture of the possibilities from energy demand and supply. Even as meeting the target of limiting global warming to 1.5°C from human activity looks increasingly difficult, which the report admits, it continues to provide […] Read more
Servotech Power Systems Files Two Patents for Energy Management Technologies Updated On Wed, Oct 25th, 2023 by Saurenergy Servotech Power Systems, a manufacturer of EV chargers and solar solutions, has announced that it has filed two patents for innovative energy management technologies in order to facilitate grid service optimization through a battery energy storage system. These will also help effectively channel renewable energy into BESS for maximum value, enabling the transition to sustainable […] Read more
