Cheaper Than Imports? US Counts On Inflation Reduction Act To Galvanise RE Manufacturing Updated On Tue, Jun 13th, 2023 by Saurenergy Researchers at Dartmouth and Princeton released a report on the estimated impacts the Inflation Reduction Act will have on the US wind and solar industry, including changes in wind and solar manufacturing, labor standards for clean energy workers, job creation, and demand for materials. Specifically, the report explores the impacts of the law’s clean electricity production and investment […] Read more
Duke Energy in $2.8 Billion Deal with Brookfield Renewable for Commercial Renewables Business Updated On Tue, Jun 13th, 2023 by Saurenergy A key US electricity distributor and generator, Duke Energy has announced reaching reached an agreement to sell its unregulated utility scale commercial renewables business to Brookfield Renewable for $2.8 billion. Brookfield is one of the world’s largest owners and operators of renewable power and climate transition assets. Duke Energy’s expected net proceeds from this transaction […] Read more
SJVN, Dhaani Renewables, Apraava Energy Among Winners of 1.2 GW SECI Tender Updated On Mon, Jun 12th, 2023 by Saurenergy State-owned entity SJVN Ltd arm SJVN Green Energy has won a 200 MW wind power project won through competitive bidding in a tender floated by Solar Energy Corporation of India (SECI). SJVN Green Energy won the full quoted capacity of a 200 MW wind power project at the rate of Rs 3.24 per unit. Apraava […] Read more
Ginlong (Solis) Appoints enPossibilities As Its Authorised Channel Partner for India Updated On Mon, Jun 12th, 2023 by Saurenergy Solar inverter manufacturer Ginlong (Solis) Technologies has now announced its strategic collaboration with enPossibilities Private Limited to expand its business in India. enPossibilities is a leading distributor of solar products in India. Ginglong said that this partnership aimed to achieve deeper market penetration and a larger market share in the Indian solar industry by strengthening […] Read more
Chile to Launch $2 Billion Bill for Large-Scale Energy Storage Systems for 2026-2028 Updated On Mon, Jun 12th, 2023 by Saurenergy The government of Chile has announced plans to introduce a bill this year aimed at procuring large-scale energy storage systems. With an investment of $2 billion, the initiative is set to commence operations in 2026 and will be the largest project of its kind in Latin America. President Gabriel Boric highlighted the necessity of integrating […] Read more
EU Focus On Renewables Could Add 69 GW in 2023 Updated On Mon, Jun 12th, 2023 by Saurenergy The EU’s renewed focus on renewable energy is no secret, especially after the Russian-Ukraine war that started last year. New reports indicate that the continent could see additions of as many as 69 GW in renewable capacity, mostly solar, in 2023. That, combined with a high focus on bringing manufacturing back to the region, indicates […] Read more
India Added 1,077 MW Of Additional Renewable Capacities In May Updated On Mon, Jun 12th, 2023 by Saurenergy The latest released monthly power installation report from the Central Electricity Authority (CEA) claimed that India added a total of 1076.7 Megawatt (MW) of renewable energy (excluding hydro) in the month of May this year. It included the addition of 743.34 MW of solar energy. By the end of April 2023, the country had a total installed […] Read more
Wind Energy Body Proposes 4 Measures To Boost Capacity Updated On Mon, Jun 12th, 2023 by Saurenergy Indian wind industry body Wind Independent Power Producers Association (WIPPA) has proposed four measures to boost progress in the wind energy sector in the country. “At the central government, we request the implementation of the four policies implementation of the bidding plan, ISTS (inter-state transmission system) open access, fixing the missing links in LPS (late […] Read more
SECI Signs PSA With GRIDCO To Provide 600 MW Of Wind Power To Odisha Updated On Fri, Jun 9th, 2023 by Saurenergy The Solar Energy Corporation of India Limited (SECI), has signed a Power Sale Agreement (PSA) with Odisha’s state utility GRIDCO. GRIDCO is the state government’s nodal agency for dealing with the bulk transmission of power in the state. Under the agreement, GRIDCO will purchase 600 Megawatt (MW) of wind power from SECI under Tranche – […] Read more
