IEA World Energy Outlook 2023-Focus on Affordability, Developing Nations To Achieve Targets Updated On Wed, Oct 25th, 2023 by Saurenergy The International Energy Agency’s (IEA) Annual World Energy Outlook Report is out, and it does its best to paint an optimistic picture of the possibilities from energy demand and supply. Even as meeting the target of limiting global warming to 1.5°C from human activity looks increasingly difficult, which the report admits, it continues to provide […] Read more
Servotech Power Systems Files Two Patents for Energy Management Technologies Updated On Wed, Oct 25th, 2023 by Saurenergy Servotech Power Systems, a manufacturer of EV chargers and solar solutions, has announced that it has filed two patents for innovative energy management technologies in order to facilitate grid service optimization through a battery energy storage system. These will also help effectively channel renewable energy into BESS for maximum value, enabling the transition to sustainable […] Read more
Amazon European Portfolio Enhanced with 39 Renewable Energy Projects Updated On Mon, Oct 23rd, 2023 by Saurenergy IT giant Amazon has revealed that it has added 39 new renewable energy projects in Europe as on date. These entail 24 utility-scale wind and solar projects. Amazon is also developing its first solar farm in Greece. In 2022, Amazon’s had set up its first utility-scale solar farm in Poland. So far, Amazon has added […] Read more
Solar the Star In Volatile Australian Electricity Market Updated On Mon, Oct 23rd, 2023 by Saurenergy As per a release from Rystad Energy Research, Australia’s power market has emerged as the most volatile in the world as unexpected losses of supply from unplanned coal generation outages and transmission line issues related to natural disasters lead to huge price fluctuations. However, in all these, solar has emerged as the star, helping keep […] Read more
Tata Power Renewable Energy in 12.5 MW PDA with Supreme Petrochem Limited Updated On Mon, Oct 23rd, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a renewable energy player and a subsidiary of Tata Power Company Limited has signed a Power Delivery Agreement (PDA) with Supreme Petrochem Limited for a 12.5 MW group captive project through a SPV – TP Saturn Limited. Located in Achegaon, Maharashtra, the plant will generate around 27.5 million units (MUs) […] Read more
US Invested $3.46 billion In Electric Grid Resilience Projects: US Department of Energy Updated On Fri, Oct 20th, 2023 by Saurenergy US President Joe Biden recently released the America Agenda Funds for investment in 58 projects across 44 states in the US, for grid resilience, a report from the Department of Energy said. In the agenda, it has announced $3.46 billion grant for these projects to strengthen electric grid resilience and reliability across America. This would […] Read more
Shakti Pumps Empaneled For 50,000 Solar Pumps In Maharashtra Updated On Fri, Oct 20th, 2023 by Saurenergy Pithampur, Madhya Pradesh-based Shakti Pumps, a leader in solar pumping solutions, announced that it has received Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited (MSEDCL), for 50,000 Off-Grid Solar Photovoltaic Water Pumping Systems (SPWPS) pumps for the entire state of Maharashtra under Component-B of PM-KUSUM scheme (Phase-III). The total value of the 50,000 […] Read more
JKPCL & RUVNL to Purchase Power from SJVN’s 1000 MW Solar Project Updated On Fri, Oct 20th, 2023 by Saurenergy CPSU SJVN has been awarded Letters of Intent for the purchase of solar power from Jammu & Kashmir Power Corporation Limited (JKPCL) and Rajasthan Urja Vikas Nigam Limited (RUVNL). While JKPCL is looking to purchase 600 MW, RUVNL will purchase 500 MW. The purchase will be at a tariff of INR 2.57 per unit from […] Read more
Opdenergy Seals Finance for Solar Projects Totalling 260 MWDC Updated On Thu, Oct 19th, 2023 by Saurenergy Opdenergy, an independent renewable energy producer, has sealed a $252 million project financing package for two solar projects in the United States. The first solar project, Blake, located in Jefferson County, West Virginia, has an installed capacity of 100 MWDC. The second solar project Elizabeth, located in Allen Parish, Louisiana, has an installed capacity of […] Read more