European Solar & Storage Set to Grow over 400% by 2025: Study Updated On Mon, Nov 29th, 2021 by Saurenergy The forecast for household solar continues to look bright for coming years, with European solar & storage set to grow over 400%, from 3 GWh installed storage capacity in 2020 to 12.8 GWh in 2025, announced SolarPower Europe recently. SolarPower Europe has published its annual ‘European Market Outlook for Residential Battery Storage’ report, covering 2021-2025. Analysing […] Read more
Roadmap Ready to Make MP a Leading State in Solar Gen, says CM Updated On Mon, Nov 29th, 2021 by Saurenergy Union Power Minister RK Singh has announced an allocation of Rs 13,000 crore for Madhya Pradesh (MP) for modernisation and infrastructure development in the energy sector, especial solar generation an official said on November 26, according to media reports. The news follows some smart progress made by Madhya Pradesh in terms of adding capacity, as […] Read more
Coal India Subsidiary to Set Up 50MW Solar Plant in Odisha at ₹302 Cr Updated On Mon, Nov 29th, 2021 by Saurenergy Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India will set up a 50 megawatt (MW) solar power plant in Odisha’s Sambalpur at a total cost of Rs 301.92 crore, moving steadily towards its goal to achieve carbon neutrality by 2024. MCL has placed a turnkey order to set-up a 50 MW solar power plant […] Read more
41 MW Floating Solar Plant Completed in South Korea Updated On Fri, Nov 26th, 2021 by Saurenergy Scotra, a local South Korean floating PV specialist has completed construction of a 41 MW floating solar installation for the Korea Water Resources firm. The plant has been built on a reservoir of the Hapcheon Dam in South Korea’s Gyeongsang province. South Korea has set itself a target of 2.1 GW of floating solar by […] Read more
MG Motor Becomes First Auto Firm To Adopt Wind Solar Hybrid Energy Updated On Thu, Nov 25th, 2021 by Saurenergy MG Motor India has partnered with Clean Max Enviro Energy Solutions Pvt Ltd (CleanMax), for the supply of 4.85 MW of wind-solar hybrid power to MG’s manufacturing facility in Halol. With this partnership, MG will abate approximately 2 lakh MT of CO2 over 15 years. Thus, even as auto firms have moved forward across the […] Read more
Power Ministry Issues Order Extending ISTS Benefits to BESS, Pumped Storage Projects Updated On Thu, Nov 25th, 2021 by Saurenergy In an order dated November 23, the Ministry of Power of the Government of India has notified key changes to its existing orders allowing waiver of ISTS (Inter State Transmission Charges) on Wind and Solar Sources. In the latest version, for Wind, Solar, Hydro PSP (Pumped Storage Projects) and BESS projects commissioned upto 30.06.2025, the […] Read more
Denmark Plans Island To Mainland Strategy For Power Transmission, Using Wind Energy Updated On Thu, Nov 25th, 2021 by Saurenergy Even as we wrote about the top 3 transcontinental transmission lines to carry solar power across continents, we track news from Europe about major wind generation plans using artificial and natural islands, in the North Sea and Baltic Sea respectively. At the centre of both these plans is Denmark, the wind energy leader, which hopes […] Read more
Canadian Solar Signs Framework Agreement With Battery Major CATL Updated On Thu, Nov 25th, 2021 by Saurenergy Canadian Solar Inc. has announced that its subsidiary CSI Solar signed a strategic cooperation framework agreement with Contemporary Amperex Technology Co., Ltd. (“CATL“), a global leader of new energy innovative technologies. For CATL, the partnership is yet another addition to its string of partnerships to push its technology across after earlier partnership with Jinko Solar […] Read more
Renewable Energy Certificates. Trading Resumes, But Much Needs To Be Done Updated On Thu, Nov 25th, 2021 by Saurenergy Highlights: The market share of REC market had already shrunk to 9.2 lakh Renewable Energy Certificates (REC) in 2020-21, while 60.58 lakh RECs piled up till March end. As per CEEW-CEF analysis, as many as 5.1 million RECs have remained unsold due to poor RPO compliance across India, a demand shortfall of 7%. The Appellate […] Read more