Southeast Asia’s RE Firm ACEN to Add 700 MW Solar & Wind Energy in 2023 Updated On Wed, Jan 4th, 2023 by Saurenergy Just as the Philippines is aiming to raise the share of renewable energy in the country’s energy mix to 35% by the end of this decade and 50% by 2040, its renewable energy conglomerate ACEN Corporation is looking to operationalise 700 MW of solar and wind energy projects in 2023. ACEN is the energy platform […] Read more
US Electrical Generation by RE Sources Grows by 14.3% in Past Year, Solar Share Over 5% Updated On Tue, Jan 3rd, 2023 by Saurenergy As per a report by the SUN DAY Campaign of data which was recently shared by the U.S. Energy Information Administration (EIA), the country’s electrical generation from renewable sources of energy in the first ten months of 2022 stood at 23%. The concluding issue of EIA’s “Electric Power Monthly” report series further shared that during […] Read more
China, Malaysia Explore Development of Virtual Power Plants Updated On Tue, Jan 3rd, 2023 by Saurenergy Virtual Power Plants are touted as the next big step in solar industry that is driving the new wave of energy. In a recent development on the front, China and Malaysia have joined forces to explore opportunities in VPPs. Towards this, the two countries organised “China-Malaysia Virtual Power Plant Project Achievements Conference and China-Malaysia Virtual […] Read more
African Development Bank to Fund 100 MW Tunisian Solar Project Updated On Tue, Jan 3rd, 2023 by Saurenergy The African Development Bank is playing a critical role in the development of renewable sources of energy in Africa to ensure that the resource-starved region can have access to power while sustaining the natural environment. In a recent development, the African Development Bank Group has approved a $27 million and €10 million loan package to […] Read more
Bihar (BERC) Gives Green Signal to 600 MW Solar Purchases From SECI Updated On Mon, Jan 2nd, 2023 by Saurenergy The Bihar Electricity Regulatory Commission (BERC) has given nod to procurement of 600 MW of solar power from Solar Energy Corporation of India (SECI) in Tranche-VIII by the distribution companies (DISCOMS). BERC has allowed the procurement at a tariff of Rs 2.50/kWh. The trading margin has been kept by the regulator at Rs 0.07 for […] Read more
Draft Solar Policy of Delhi Wants 6000 MW Installation by 2025 Updated On Mon, Jan 2nd, 2023 by Saurenergy The Delhi government has accorded approval to the draft Solar Policy 2022 under which the state wants to install solar capacity to 6,000 MW by 2025. In the previous solar policy released in 2016, Delhi had targeted to install solar power of a cumulative capacity of 2,000 MW of solar power by 2022. Readers will […] Read more
Torrent Power Mulls Over Buying 1.1 GW Clean Energy from ReNew Energy Global Updated On Mon, Jan 2nd, 2023 by Saurenergy Ahmedabad-based Torrent Power, that looks into the generation, transmission and distribution of power, is in the midst of discussions with ReNew Energy Global Plc for the purchase of clean power projects, the capacity of which will stand at 1.1 GW. Sources have revealed that the deal is valued at $1.2 billion. ReNew Energy Global Plc […] Read more
Canadian Start-up Hygge Energy Joins Hands with IOC for EV Solar Charging Updated On Mon, Jan 2nd, 2023 by Saurenergy Hygge Energy – a Canada based cleantech provider – has said that it has successfully implemented an EV charging pilot project at the retail outlet of Indian Oil Corporation (IOCL) in Bengaluru. The project called ‘Zero Emission Electric Mobility’ has employed the software solution platform of Hygge that could enable the installer of the EV […] Read more
Maharashtra Set to Provide 5 Lakh Solar Pumps Under PM-KUSUM: Dy CM Updated On Mon, Jan 2nd, 2023 by Saurenergy The State of Maharashtra looks bullish as far as the utilization of PM-KUSUM Yojana is concerned. In a major announcement, the State’s Deputy Chief Minister Devendra Fadnavis has said that the state government is planning to provide the farmers of Maharashtra with solar pumps. The Deputy CM held that the plan is to benefit five […] Read more