MERC Rejects MEDA’s Plea For 50% Local RE Procurement By Discoms Updated On Tue, Dec 19th, 2023 by Saurenergy The Maharashtra Energy Development Agency had filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) asking it to issue appropriate directions to distribution licensees (discoms) to meet 50% of total Renewable Purchase Obligation (RPO) requirement by purchase of energy from Renewable Sources within the State. Maharashtra has achieved installed capacity of 10,799 MW as […] Read more
South Africa Announces Tender for 5 GW Renewable Capacity under BW7 Updated On Tue, Dec 19th, 2023 by Saurenergy The Department of Mineral Resources and Energy (DMRE) of South Africa has released a tender under the seventh bid window (BW7) under its Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The tender seeks bids for the development of 5 GW of renewable capacity, entailing 3.2 GW of wind and 1.8 GW of solar capacity. […] Read more
Andhra Biggest Beneficiary Under Energy Efficient Public Lighting Updated On Mon, Dec 18th, 2023 by Saurenergy Andhra Pradesh is the biggest beneficiary of Union government’s energy efficiency scheme for public lighting through LEDs, data shared by the New and Renewable Energy Minister RK Singh before the Parliament revealed. The ministry in his written response before the Lower House of the Parliament (Lok Sabha) submitted state-wise details of coverage under the scheme. […] Read more
RUVNL Initiates Proposal to Eliminate Restrictions of Structured RE Projects with ESS Updated On Fri, Dec 15th, 2023 by Saurenergy In a petition filed by the Rajasthan Urja Vikas Nigam Limited (RUVNL), it seeks approval for the selection of developers and procurement of bidding documents for an Inter-State Transmission System (ISTS) connected energy storage solution with a capacity of 1000 MW/6000 MWh. The proposal aspires to meet the requirements of Jaipur Vidyut Vitran Nigam Limited, […] Read more
SOFAR Showcases PV & ESS Offering at EnerGaïa 2023 at France Updated On Fri, Dec 15th, 2023 by Saurenergy SOFAR showcased its solar and storage solutions covering residential, C&I and utility applications at EnerGaïa concluded at France recently. SOFAR is a global provider of all-scenario PV & ESS solutions, With the European Parliament adopting the power market reform plan in July, the EU utility storage market is expected to usher in an outbreak. In […] Read more
EU New Electricity Market Design To Speed-Up Renewable Deployment Updated On Fri, Dec 15th, 2023 by Saurenergy A latest report shared by the European Council and the Parliament has revealed that they have reached a provisional agreement to reform the EU’s electricity market design (EMD). “This deal is great news, as it will help us reduce even more the EU’s dependence on Russian gas and boost fossil-free energy to cut greenhouse gas […] Read more
Bangalore EV Startup Exponent Energy Rakes Up $26.4 Mn in Series B Round Updated On Fri, Dec 15th, 2023 by Saurenergy A Bangalore-based startup that delves in rapid charging of electric vehicles, Exponent Energy, has pocketed $26.4 million in a Series B round that was led by Eight Roads Ventures. It also entailed a strategic investment from TDK Ventures. Other participants in the Series B round included existing investors such as Lightspeed, YourNest VC, 3one4 Capital, […] Read more
Mingyang Rolls Out World’s Largest Offshore Wind Turbine of 18 MW Updated On Thu, Dec 14th, 2023 by Saurenergy The largest wind turbine manufacturer in the world, China-based Mingyang Smart Energy has rolled out its 18 MW offshore wind turbine at its manufacturing base Shanwei. MySE 18.X-20 MW, is now the world’s largest offshore wind turbine with reference to capacity and rotor diameter. Features The turbine boasts flexible power ratings varying from 18.X to […] Read more
Honeywell to Supply BESS of 124 MWh to US Virgin Islands Updated On Wed, Dec 13th, 2023 by Saurenergy Honeywell will supply VIElectron, its first installation of battery energy storage solutions (BESS) for six solar parks located across the US Virgin Islands. The BESS, which is for a capacity of 124 MWh, will boast an end-to-end battery management system (BMS). The solar array of 140 MWDC and BESS will help the islands meet 30% […] Read more
