2023 Proved Brightest For Wind Power Generation In India: Govt Updated On Wed, Dec 27th, 2023 by Saurenergy Union Minister R.K Singh in a written reply before the parliament shared data on the contribution of wind energy in the total energy mix in the last three years. The data revealed an incremental growth in the wind generation capacity to the overall renewable energy. The data said that 2023 proved fruitful for the wind […] Read more
India Awards More Than 8GW Of Energy Storage Tenders: IEEFA Report Updated On Thu, Dec 21st, 2023 by Saurenergy Indian policymakers have recognised the importance of energy storage systems (ESS) to the country’s evolving power landscape and have already awarded more than 8 gigawatts (GW) of such tenders, allocating 60% of these in 2023 alone, according to a new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research […] Read more
Solis Confirms Leadership Tier With Tier 1 Status In BNEF Updated On Wed, Dec 20th, 2023 by Saurenergy Ningbo, China-based , Ginlong (Solis) Technologies, recognized as one of the foremost and largest inverter manufacturers globally, has ended 2023 with its inclusion in the BloombergNEF Tier 1 PV Inverter Manufacturers list for the fourth quarter of 2023. For Solis, this noteworthy acknowledgment caps what has been a tremendous year for the firm in China […] Read more
India’s RE Sector Saw FDI Equity Investment of USD 6,137.39 Mn in Last 3 Financial Years Updated On Wed, Dec 20th, 2023 by Saurenergy The Minister for New & Renewable Energy and Power, R.K. Singh, disclosed measures taken to entice Foreign Direct Investment (FDI) into India’s renewable energy sector. Currently, India’s FDI policy permits up to 100% investment in the renewable energy sector through the automatic route. According to the Department for Promotion of Industry and Internal Trade (DPIIT), […] Read more
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
ReNewX Gears Up To Showcase Renewable Opportunities In South India At Hyderabad In 2024 Updated On Thu, Dec 14th, 2023 by Saurenergy South India, with its long coastlines, ample sunshine, and windswept hills, presents a golden opportunity for businesses in the renewable energy sector. With a focus on sustainability and clean energy, the region is witnessing a rapid expansion in solar, wind, and other renewable energy projects. This creates a dynamic landscape ripe for innovation and entrepreneurial […] Read more
“We Are Targeting To Achieve Installation Of 10+ GW Quantum by 2030”, Naresh Mansukhani, Juniper Green Energy Updated On Wed, Dec 13th, 2023 by Saurenergy Juniper Green Energy has been in the news for all the right reasons in the recent past, as the firm led by its founder and CEO Naresh Mansukhani, closed a major $350m deal with the AT Capital group and Vitol in September this year. Now part of the AT group, Juniper Green Energy, based out […] Read more
Profit Uncertainty Holding Back Europe’s BESS Growth: Rystad Report Updated On Wed, Dec 6th, 2023 by Saurenergy A recent research report on battery storage energy systems (BESS) by Rystad Energy claimed that the profit uncertainties in Europe have held back the growth of BESS. According to the latest research, which analyzes day-ahead power prices in Europe for 2023, Bulgaria (BG), Italy (NORD) and Hungary (HU) offer the highest profit potential for BESS […] Read more
India Joins Battery Storage Consortium To Boost BESS Deployment Updated On Mon, Dec 4th, 2023 by Saurenergy India has now joined the Battery Energy Storage Systems (BESS) Consortium, at the ongoing Conference of Parties (COP28) Summit at Dubai. The consortium is an initiative of the Global Leadership Council (GLC) of the Global Energy Alliance for People and Planet (GEAPP). Through the BESS Consortium, India is among the first-mover countries as a part […] Read more