Government Removes License Requirement For Energy Storage System Updated On Tue, Jan 16th, 2024 by Saurenergy Centre ends the requirement for license to operate and maintain the dedicated transmission lines by power generating companies for them to connect to the grid. Union minister RK Singh recently announced this decision stating that putting an end to the requirement of license for dedicated transmission lines for industry will lead to “ease of doing […] Read more
GoodWe’s 2023 Journey: A Year of Innovation, Recognition, and Impact Updated On Mon, Jan 15th, 2024 by Saurenergy The year 2023 proved to be a particularly eventful for Inverter major GoodWe, marked by significant achievements, product expansions, and noteworthy projects that have propelled the firm ahead globally. New Products Redefining Standards In 2023, GoodWe showcased its commitment to advancing solar technology with the introduction of groundbreaking products. Expanding Utility Portfolio Capacity: The launch […] Read more
14 Trends That Drove Change In RE Within 2023: IEA Analysis Updated On Fri, Jan 12th, 2024 by Saurenergy The International Energy Agency (IEA) reviews 14 major trends that shaped 2023 and predicts future changes for energy sector in 2024. 1. 2023 Witnessed Change In Renewable Capacity Additions, driven by China’s solar PV market According to IEA , the global annual renewable capacity addition was expected to increase by almost 50% to nearly 510 […] Read more
Mahindra Susten Gets ‘Water Positive’ Certification Updated On Thu, Jan 11th, 2024 by Saurenergy Mahindra Susten, a renewable Independent Power Producer (IPP) with in-house expertise in engineering, procurement, and construction (EPC), announced that it has been awarded the ‘Water Positive Verification’ certificate for its 100% operating portfolio for the assessment year FY23. The accreditation, granted by certification authority TUV India (TÜV NORD GROUP), recognized Susten’s commitment towards planet-positive initiatives and […] Read more
Singapore’s Nexif Ratch Energy Appoints Cyril Dissescou CEO Updated On Thu, Jan 11th, 2024 by Saurenergy Nexif Ratch Energy Investments Pte. Ltd. (“Nexif Ratch Energy”), a leading owner/operator and developer of clean-energy power projects in the Asia Pacific region, has announced the appointment of Cyril Dissescou as its Chief Executive Officer. Cyril takes over from Matthew Bartley who stepped in as interim CEO to establish Nexif Ratch Energy during its first […] Read more
With Lowest Bid Of Rs 3.15, Only Three Winners For SECI 2000 MW Tranche VII Hybrid Tender Updated On Wed, Jan 10th, 2024 by Saurenergy NTPC Renewable Energy, Juniper Green Energy and Sembcorp emerged as the only three bidders acceptable to Solar Energy Corporation of India (SECI) for the 2000 MW ISTS connected Hybrid projects. With bids received for only 1265 MW, SECI had reduced available capacity to 1012 MW at 80% of aggregate bid capacity. The results for the […] Read more
€300 Million IFC Loan For Iberdrola To Back Renewables Versus Coal Updated On Tue, Jan 9th, 2024 by Saurenergy The World Bank’s private lending arm, the International Finance Corporation (IFC) has backed Spanish utility major Iberdrola with a €300 million (US$328.7 million) loan to support and develop renewable energy projects in coal-dependent countries, including Morocco, Vietnam and Poland. According to Iberdrola,€170 million has already been committed to financing onshore wind projects in Poland, one of the biggest European […] Read more
Inox Wind Receives LoI For 50 MW Gujarat Wind Project from NLC India Updated On Tue, Jan 9th, 2024 by Saurenergy Indian wind energy solutions company Inox Wind Limited (IWL) today announced receiving a Letter of Intent (LoI) for executing a 50 MW ISTS (Inter-State Transmission System)-connected wind power project on a turnkey basis from NLC India Limited. NLC India is a Central Public Sector Utility (CPSU). As part of the project, Inox Wind will supply, install, and […] Read more
To Boost Renewables, Resilient Energy Systems, US Commits $70mn Updated On Mon, Jan 8th, 2024 by Saurenergy The United States (US) Department of Energy (DOE) announced up to $70 million of funding to support research into technologies designed to increase resilience in energy delivery infrastructure. The move is likely to boost the renewables into the system and boost the capabilities of the grid infrastructure in the country. The funding would support from […] Read more
