5 Upcoming Trends that will dominate the power sector in the new fiscal Updated On Mon, Apr 25th, 2022 by Saurenergy The world faced numerous challenges in the last fiscal due to pandemic and consequent lockdown. Almost every sector felt the heat but they also indicated the signs of recovery; they are on the path of continuous rise. The new financial year stimulates hopes and aspirations across the sectors to reach the expected targets. The power […] Read more
GESCOM invites bids for 3 MWp rooftop solar systems in Karnataka Updated On Mon, Apr 25th, 2022 by Saurenergy Gulbarga Electricity Supply Company Limited (GESCOM) has invited bids for the empanelment of vendors for the development of 3MWp rooftop solar plants in residential buildings under Phase-II Scheme of MNRE in Karnataka. Key dates of the tender are as below: Last date for submission of queries : 02.05.2022 @ 11.00 Hrs. Pre-Bid meeting : 04.05.2022 […] Read more
Chandigarh jail goes green with 350 kWp rooftop solar plant Updated On Mon, Apr 25th, 2022 by Saurenergy To commemorate World Earth Day, the current year’s theme being “Invest in our Planet”, another green energy initiative has been undertaken by the department of science and technology and renewable energy, Chandigarh. A 350 kWp Rooftop SPV Power Plant at Model Jail Complex, Sector 51, Chandigarh was inaugurated by UT adviser Dharam Pal in the […] Read more
Solar Powered Refrigerator Built by Kanpur Student to Safeguard Covid Vaccines Updated On Mon, Apr 25th, 2022 by Saurenergy Samarjit Singh, a third year B.Tech student of Kanpur’s Axis College, has created a refrigerator that runs on solar power and can host Covid-19 vaccines and other life-saving drugs eliminating chances of wastage. Uttar Pradesh still has issues of electricity shortages and frequent power cuts. The solar run refrigerator by Samarjit Singh is expected to […] Read more
Torrent Power Secures 50 MW Solar Power Plant from SkyPower Updated On Mon, Apr 25th, 2022 by Saurenergy Leading Ahmedabad based power player Torrent Power Limited has said that the company has acquired a 50 MW Solar Power Project from SkyPower Group. Torrent informed that the enterprise value for this acquisition is somewhere about Rs 417 crore subject to closing price adjustments, in case there are any and the acquisition is further subject […] Read more
Power Minister Calls for International Credit Guarantee and RE Bank for RE Development Updated On Mon, Apr 25th, 2022 by Saurenergy While addressing the round table conference at the International Solar Alliance (ISA) in Gurgaon, Union Minister for Power and New and Renewable Energy, R.K Singh said that the world now requires setting up of an international credit guarantee fund and a renewable energy bank that will help the world with renewable energy projects’ development. The […] Read more
Global Battery Energy Storage Systems Market Set For CAGR Of 27.9% On Grid Modernisation Updated On Fri, Apr 22nd, 2022 by Saurenergy According to an analysis by ESOMAR-certified market research and consulting firm Future Market Insights, the battery energy storage systems market is expected to be valued at US$ 64.92 B in 2032, with 27.9% CAGR during the forecast period. The market’s expansion can be attributed to rising demand for grid energy storage systems due to ongoing grid modernization, increasing […] Read more
Eolian Gets $925 Million Renewable Energy Financing Updated On Fri, Apr 22nd, 2022 by Saurenergy Global Infrastructure Partners’ (GIP) portfolio company Eolian has announced the closing of a $925 million renewable energy financing. Eolian announced it in collaboration with Banco Santander, Natixis, MUFG and Mizuho. The official statement of the Eolian said that the structured transaction will further advance multiple strategies already underway as the Eolian team rapidly accelerates the […] Read more
Malawi solar mini-grid shows promise as way of electrifying rural Africa Updated On Fri, Apr 22nd, 2022 by Saurenergy A solar mini-grid in rural Malawi, East Africa, is powering maize mills, a sunflower oil facility and will help a welder in a nearby village expand his business, showing that centralised grid systems are not Africa’s only route towards low-carbon power. Malawi, a landlocked country in southeastern Africa, is defined by its topography of highlands […] Read more
