Sungrow, Hero Future Energies Ink 850 MW Supply Agreement Updated On Thu, Jul 18th, 2024 by Saurenergy Sungrow signed a strategic agreement with Hero Future Energies (HFE), to supply 850 MW of inverters, expanding its presence in clean energy space. Sungrow a PV inverter and energy storage system provider for renewables signed an agreement with Hero Future Energies (HFE), the renewable energy arm of Hero Group. Through this agreement, the company claims […] Read more
11% Of Indian Module Capacity With ALMM Is TOPCon Production Updated On Thu, Jul 18th, 2024 by Saurenergy The latest Approved List of Models and Manufacturers (ALMM) for solar module makers in India revealed that several enlisted companies have now added new TOPCOn technology production lines. This is in addition to the production lines for mono-PERC which has now dominated the Indian solar market and the phasing out of redundant polycrystalline technology. A […] Read more
ADB Approves Support for Rooftop Solar Systems in India Updated On Wed, Jul 17th, 2024 by Saurenergy The Asian Development Bank (ADB) has approved $240.5 million in loans to finance rooftop solar systems in India that will help the government expand energy access using renewable energy. The financing will support tranches 2 and 3 of the Multitranche Financing Facility (MFF) Solar Rooftop Investment Program approved by ADB in 2016. The program was restructured in […] Read more
Indian EV Sector Needs Rs 1,151cr To Flourish, Says Report Updated On Wed, Jul 17th, 2024 by Saurenergy Principal Scientific Adviser to the Government of India, Ajay Kumar Sood, released a report for building a comprehensive roadmap that outlines research projects in four crucial areas. These areas are energy storage cells, electric vehicles (EV) aggregates, materials and recycling, and charging and refueling. It provided pathways for India to achieve leadership and self-reliance in […] Read more
Is India Ready For Online Rooftop Solar Deals? Updated On Wed, Jul 17th, 2024 by Saurenergy As Amazon (and Flipkart with its own Big Billion days sale), one of the top two e-commerce sellers in India prepare for yet another Prime day sale this July, readers might be surprised with some of the solar deals on offer. On Amazon, you can currently get solar modules from reputed brands like Waaree, Adani, […] Read more
July 16 News In Brief: SunCable’s 20 GW Project, TotalEnergies and SSE JV, Jinko’s 150 MW Deal Updated On Tue, Jul 16th, 2024 by Saurenergy TotalEnergies, SSE In JV For EV Charging In UK & Ireland TotalEnergies and SSE have signed a binding agreement to create a joint venture to establish a new major player in EV charging infrastructure in the UK and Ireland, under the brand “Source”. The new business will deploy in both countries up to 3000 high […] Read more
IRENA’s 11.2 TW RE Target For 2030 Risks Falling Short By 1.5 TW: Report Updated On Tue, Jul 16th, 2024 by Saurenergy Despite renewables becoming the fastest-growing source of power, the International Renewable Energy Agency (IRENA) latest report needs a minimum 16.4% growth rate annually through 2030 to stay on course, to meet the 2030 target. IRENA’s Renewable Energy Statistics 2024 report indicated the possible risk of missing the tripling renewables target pledge set at COP28. The […] Read more
5 Key Points for India on the Road to 300 GW Solar by 2030 Updated On Tue, Jul 16th, 2024 by Saurenergy India missed its 2022 goal of achieving 100 GW of installed solar capacity. The fact that this target is still unmet highlights the need for significant efforts to overcome various challenges if the country is to realize its vast solar potential. This is even more important considering last year’s government resolution of adding 50 GW […] Read more
Global Battery Storage Capacity Set To Reach 2,200 GW By 2050: Report Updated On Mon, Jul 15th, 2024 by Saurenergy BP Energy Outlook 2024 report, reported a rise in global power generation to nearly 25,000 TWh under current projections. This increase is closely paralleled by an approximately eight-fold rise in wind and solar power, reaching 23,000 TWh. The study projects a 40% decline in global coal-fired generation by 2050, with significant decreases expected across most […] Read more
