India’s Renewable Energy Capacity To Reach 54% By 2047: NREL Updated On Mon, Jan 29th, 2024 by Saurenergy A recent report by the United States (US)-based organization National Renewable Energy Laboratory (NREL) anticipated an increase in the share of renewable energy (RE) generation from wind and solar in India to reach 54 percent by 2047. The NREL report evaluated, “In the base scenario, investments in battery storage are economic in 2030 is expected […] Read more
BHEL Haridwar Issues Tender for 5 MW Solar Project Updated On Thu, Jan 25th, 2024 by Saurenergy Bharat Heavy Electricals Ltd (BHEL) has issued a tender notification seeking developers for its 5MW solar project at Ranipur facility in Haridwar, Uttarakhand. The project will be developed under BOOM mode comprising design and construction responsibilities of design-build procurements with operations and maintenance of the project. The bids will have to be submitted by February […] Read more
₹650 cr Morbe Dam Solar Project Tender To Be Issued Soon by NMMC Updated On Thu, Jan 25th, 2024 by Saurenergy The Navi Mumbai Municipal Corporation (NMMC) will be issuing tender for a 100 MW solar PV project at the Morbe Dam that lies in Raigad, Maharashtra. The solar power project was initially conceived in 2012 but didn’t fructify due to several reasons. It is now finally progressing after a 12-year delay. NMMC also has plans […] Read more
PV Module Manufacturer Alpex Solar Seeks Rs. 75 Crore Through IPO At NSE Emerge Updated On Thu, Jan 25th, 2024 by Saurenergy The solar boom continues to make itself felt more publicly, with yet another firm, Alpex Solar, planning an IPO in February this year. Alpex solar has filed its Draft Red Herring Prospectus (DRHP) with NSE Emerge, for an IPO it hopes to complete during the month. The issue size comprises a fresh issue of 64,80,000 […] Read more
Sembcorp Awarded 450MW Wind-Solar Hybrid Project In India Updated On Wed, Jan 24th, 2024 by Saurenergy Sembcorp Industries (Sembcorp) a wholly owned renewables subsidiary of Green Infra Wind Energy Limited (GIWEL), recently announced that it received a Letter of Award (LOA) for its 450MW Inter-State Transmission System (ISTS) wind and solar hybrid project. The firm received the LOA from the Solar Energy Corporation of India (SECI). Sembcorp’s Build-Own-Operate (BOO) project was […] Read more
New Building Regulation Code Reduces Heat Pumps Emission By 25%: IEA Study Updated On Tue, Jan 23rd, 2024 by Saurenergy International Energy Agency (IEA) report on, “The Evolution of Energy Efficiency Policy to Support Clean Energy Transitions” outlines the changing energy system and shows why traditional energy efficiency policies must evolve, globally, to ensure clean energy transitions. In response to the evolving energy landscape, the IEA analysis focuses on leveraging existing policy foundations. For instance, […] Read more
PM Modi Announces Scheme To Install Rooftop Solar On 1cr Households Updated On Mon, Jan 22nd, 2024 by Saurenergy Days after the Ministry of New and Renewable Energy (MNRE) increased its subsidies for Residential Rooftop Solar, Prime Minister Narendra Modi today announced a dedicated scheme to boost the sector. Modi named the scheme ‘Pradhanmantri Suryodaya Yojana’. As per the announcement of the Prime Minister, under this scheme, the Indian government would target to install […] Read more
Battery Cell Costs To Touch $32-54 per kWh By 2030: RMI Report Updated On Mon, Jan 22nd, 2024 by Saurenergy A latest report from RMI claimed that the cost of battery cells is likely to fall drastically in the days to come. The report from the global energy think tank said that the cost of battery cell costs is likely to fall to USD $32-$54 per kWh. It also said that the top-tier batteries would […] Read more
Sunsure Energy Signs Pact To Supply Solar Power To KSB Ltd For 25 Yrs Updated On Fri, Jan 19th, 2024 by Saurenergy Renewable Energy company Sunsure Energy has signed a Power Purchase Agreements (PPA) with Pune-based KSB Limited, one of the leading pumps and valves manufacturers in India to supply nearly one crore units of green power annually for the next 25 years. Sunsure will set up this captive renewable energy project with KSB Limited as the […] Read more
