Sambhar Salts Seeks Bids for 4000MW Ultra Mega Solar Project in Jaipur Updated On Mon, Nov 29th, 2021 by Saurenergy Sambhar Salts Limited (SSL), a subsidiary of Hindustan Salts Limited, has invited Expression of Interest (EoI) from relevant parties for the development of an ultra mega solar power project, with around 4000 MW capacity, at Sambhar district, Jaipur, Rajasthan. SSL will only provide land (as per the requirement of the project) available at its Sambhar unit, which has […] Read more
European Solar & Storage Set to Grow over 400% by 2025: Study Updated On Mon, Nov 29th, 2021 by Saurenergy The forecast for household solar continues to look bright for coming years, with European solar & storage set to grow over 400%, from 3 GWh installed storage capacity in 2020 to 12.8 GWh in 2025, announced SolarPower Europe recently. SolarPower Europe has published its annual ‘European Market Outlook for Residential Battery Storage’ report, covering 2021-2025. Analysing […] Read more
Coal India Subsidiary to Set Up 50MW Solar Plant in Odisha at ₹302 Cr Updated On Mon, Nov 29th, 2021 by Saurenergy Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India will set up a 50 megawatt (MW) solar power plant in Odisha’s Sambalpur at a total cost of Rs 301.92 crore, moving steadily towards its goal to achieve carbon neutrality by 2024. MCL has placed a turnkey order to set-up a 50 MW solar power plant […] Read more
Australia’s Grid Vulnerabilities Threaten Wind Energy Expansion Too Updated On Fri, Nov 26th, 2021 by Saurenergy Australia, where solar rooftop became the number 1 source of energy on some day earlier this year, has been grappling with issues with the national grid for some time. At stake is not just the grid stability itself, but also the expansion of renewables further into the system. While large battery announcements have given the […] Read more
UK Fund Gresham House Raises £380m Funding For Storage Projects Updated On Fri, Nov 26th, 2021 by Saurenergy Gresham House Energy Storage Fund has secured a £380m bespoke funding package from NatWest bank with support the growth of its UK energy storage pipeline. Gresham House is a listed specialist alternative asset manager, offering funds, direct investments and tailored investment opportunities. The new funding will help finance seven newly announced battery energy storage projects due […] Read more
MG Motor Becomes First Auto Firm To Adopt Wind Solar Hybrid Energy Updated On Thu, Nov 25th, 2021 by Saurenergy MG Motor India has partnered with Clean Max Enviro Energy Solutions Pvt Ltd (CleanMax), for the supply of 4.85 MW of wind-solar hybrid power to MG’s manufacturing facility in Halol. With this partnership, MG will abate approximately 2 lakh MT of CO2 over 15 years. Thus, even as auto firms have moved forward across the […] Read more
Canadian Solar Signs Framework Agreement With Battery Major CATL Updated On Thu, Nov 25th, 2021 by Saurenergy Canadian Solar Inc. has announced that its subsidiary CSI Solar signed a strategic cooperation framework agreement with Contemporary Amperex Technology Co., Ltd. (“CATL“), a global leader of new energy innovative technologies. For CATL, the partnership is yet another addition to its string of partnerships to push its technology across after earlier partnership with Jinko Solar […] Read more
Renewable Energy Certificates. Trading Resumes, But Much Needs To Be Done Updated On Thu, Nov 25th, 2021 by Saurenergy Highlights: The market share of REC market had already shrunk to 9.2 lakh Renewable Energy Certificates (REC) in 2020-21, while 60.58 lakh RECs piled up till March end. As per CEEW-CEF analysis, as many as 5.1 million RECs have remained unsold due to poor RPO compliance across India, a demand shortfall of 7%. The Appellate […] Read more
ENEL To Add 43 GW OF Solar By 2030 In Larger Renewables Plan For 2030 Updated On Thu, Nov 25th, 2021 by Saurenergy Italian power and gas utility Enel has announced plans to invest €70 billion (US$78 billion) by 2030 across regions to scale up its renewables and energy storage portfolio. The move, announced yesterday (Nov 24) marks an effort by the energy major to bring forward its net zero plans to 2040. The company’s earlier net zero […] Read more
