Despite Positive Results, Renewable Energy In Australia Faces Local Challenges Updated On Wed, Jun 8th, 2022 by Saurenergy Community protests are delaying Australia’s efforts to rebuild its overburdened electricity infrastructure, potentially delaying investments in wind and solar farms (Renewable Energy) that would be needed to replace retiring coal-fired power generation over the next 25 years. The continent sized country has long been blamed for going too slow on renewable additions, besides its high […] Read more
IEX Power Market Update for May – 80% Growth For Green Market Updated On Tue, Jun 7th, 2022 by Saurenergy In its May 2022 update, India’s premier energy exchange IEX (Indian Energy Exchange) informs that it 7596 MU of electricity volume in May’22 comprising 6680 MU in the conventional power market, 642 MU in the green power market, and 275 MU (2.75 lac Certificates) in the REC Market, registering 16% YoY growth across all the […] Read more
Energy Storage To Keep Pace With RE Installation In India – Fitch Ratings Updated On Tue, Jun 7th, 2022 by Saurenergy The success of renewable energy in any market largely depends on the energy storage capacity given the intermittency nature of it. The credit rating agency, Fitch Ratings, has said in its new report that power storage demand in India will expand at a rapid pace to stabilise the increasing variability on both the power supply […] Read more
With A Vision of 100 GW Solar Rooftop Potential, NSEFI launches Awareness Campaign Across India Updated On Tue, Jun 7th, 2022 by Saurenergy The National Solar Energy Federation of India (NSEFI), one of the leading industry bodies for the sector with a high developer presence, has launched the “Ghar Ke Upar Solar is Super” Pan-India Rooftop Solar Awareness Campaign. Starting with Bidar in Karnataka, the campaign was launched by Union Minister of State, MNRE Bhagwant Khuba along with […] Read more
Canadian Solar sells 70% stake in key Brazilian solar projects to SPIC Brasil Updated On Tue, Jun 7th, 2022 by Saurenergy In a major deal in the South American renewable energy market, Canadian Solar Inc. today announced it signed an agreement with SPIC Brasil to sell 70% stake in its 738 MWp solar power projects – Marangatu and Panati-Sitia in Brazil. SPIC Brasil is a leading power generation company in Brazil. SPIC Brasil is a leading […] Read more
O2 Power Commissions First 250 MW Solar Project in Bikaner Updated On Mon, Jun 6th, 2022 by Saurenergy Temasek and Alternative Asset Manager EQT backed O2 Power India has commissioned its first solar project in India, the 250 MW Solar project at Jaisalmer, Rajasthan. Announced by the firm on its social handle, the project was commissioned over phases in April-May this year. It has 1030 MW of projects under development in Rajasthan, including […] Read more
Jharkhand Progresses Towards Plans For 4 Solar Projects Adding Up To 80 MW Updated On Mon, Jun 6th, 2022 by Saurenergy The state government of Jharkhand is in catch up mode with plans to develop four solar power parks in the state that is expected to reduce the dependence and share of the non-renewable energy sources in the state. As per the reports, the solar power parks will be collectively of 80 MW and once all […] Read more
RE Success Could Have Prevented Frequent Power Cuts In AP Updated On Mon, Jun 6th, 2022 by Saurenergy Andhra Pradesh could have averted the power crisis over the last few months had it met its renewable energy targets. This was the finding of a report from Climate Risks Horizons, a Bengaluru based Thinktank. AP experienced more power cuts than other states in India facing a power crisis. According to the report from Climate […] Read more
South African Miner Harmony Gold To Add 30 MW Solar For Cleaner Mining Updated On Mon, Jun 6th, 2022 by Saurenergy Leading South African Mining firm Harmony Gold Mining has begun to construct a 30 MW solar PV plants in South Africa. The effort is part of its ESG goals to achieve a lower carbon footprint. The action plan is divided into three parts: Phase I, Phase II and Phase III. Phase I has mandated the […] Read more
