India Expected To Spend $385 Bn To Reach RE Target: Moody’s Updated On Fri, Jun 7th, 2024 by Saurenergy Moody’s Ratings, a bond credit rating business of Moody’s Corporation, in its recent report, highlighted that India is expected to invest $385 billion to meet its target of 500 gigawatts (GW) of renewable energy by 2030. But coal will remain a key source of electricity generation for the next decade, said Moody’s Ratings. India, one […] Read more
IEA Forecasts Solar PV Investment To Exceed USD 500 Bn In 2024 Updated On Thu, Jun 6th, 2024 by Saurenergy The International Energy Agency’s (IEA) recent report on world energy investment found that investment in solar PV surpassed all other generation technologies combined. It found a noticeable rise in solar panel costs that have decreased by 30% over the last two years. International Energy Agency (IEA) report said, “The prices for minerals and metals which […] Read more
Octopus Australia To Develop 1 GW Wind Farm, Acquires Land For Project Updated On Thu, Jun 6th, 2024 by Saurenergy UK-based Wind Energy firm subsidiary, Octopus Australia has announced the successful acquisition of an additional 28,000 hectares of land near Deniliquin, NSW, for the development of the new 1GW Merino Wind Farm. This land is adjacent to the 400MW Saltbush Wind Farm also owned by Octopus. According to Octopus, with this latest acquisition, the company […] Read more
US Invests $ 9.5 Mn To Study Social Dynamics Of Siting Solar Project Updated On Wed, Jun 5th, 2024 by Saurenergy The US Department of Energy (DOE) recently announced an investment of $9.5 million for four new projects. This study was undertaken to examine the ways that siting practices can influence public attitudes toward and permitting of large-scale solar facilities. The research is expected to generate actionable insights that improve outcomes for host communities. It particularly […] Read more
Solis Launches New 350Kw Inverter For Indian Market Updated On Wed, Jun 5th, 2024 by Saurenergy Global energy solutions company Solis recently launched its new 350Kw inverter at a grand event in India. This launch comes at a time when the company achieved a cumulative shipment milestone of 4 GW to the Indian market. The newly unveiled 350KW inverter is designed to cater to the expansive needs of the utility solar […] Read more
China Flexes Solar Muscle (Again) With 5 GW Project Commissioning Updated On Wed, Jun 5th, 2024 by Saurenergy Lest their be any doubt over China’s absolute dominance and leadership in the renewable energy space, especially solar power, the Country reminded the world with a mammoth 5 GW project it commissioned earlier this month. The world’s largest solar project is a massive 5GW solar park in the north-west of the Xinjiang region that covers […] Read more
Bihar Proposes To Reduce Timelines For Rooftop Solar Installations Updated On Tue, Jun 4th, 2024 by Saurenergy The Bihar Electricity Regulatory Commission (BERC) has now come up with its latest draft regulation to pave the way for reduced timelines for rooftop solar projects. This comes after the Union government is pushing residential rooftop projects with increased subsidies and ambitious targets. The state commission has issued the draft paper and asked the stakeholders […] Read more
UPERC Amends Rules To Expedite Rooftop Solar Installations Updated On Fri, May 31st, 2024 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission (UPERC) has now amended its existing rooftop solar rules of 2019 to pave the way for faster installations of rooftop solar systems. As per the revised rules, the state commission has mandated the state discoms to complete the process of Technical Feasibility Reports (TFRs) within 15 days. The Commission […] Read more
5 Interesting Green Ventures That Have the US’s DOE Backing Them Updated On Thu, May 30th, 2024 by Saurenergy There’s a lot of promising green energy startups and concepts out there that end up getting shuttered because of a lack of funding. Whether the lack is because they failed to raise publicity or their ideas being too ahead for their time, there are a multitude of reasons as to why a perfectly good idea […] Read more
