For Net Zero India Needs 494 GWs Of Solar & Wind Capacity By 2030: Bloomberg NEF Updated On Thu, Sep 5th, 2024 by Saurenergy The New Energy Outlook report released by Bloomberg NEF at its Indian event says India needs more than 4 terawatts of wind and solar capacity installation by 2050 for the Net Zero Scenario. Power demand is projected to grow six fold during the period. Moreover, the report also calls for over $12 trillion investment and […] Read more
Zetwerk Crosses Key Milestone with ARAI Certification For Its Fast Chargers Updated On Thu, Sep 5th, 2024 by Saurenergy Contract manufacturing specialist Zetwerk has announced a significant milestone for its EV charging manufacturing operations. With the approval of its 60kW and 120kW DC fast chargers by the Automotive Research Association of India (ARAI), the firm can start delivering these to clients. This certification thus is a key step forward in ZETWERK’s plans forthe EV […] Read more
HPERC Issues Draft Regulation To Promote Green Open Access Updated On Thu, Sep 5th, 2024 by Saurenergy To offer the right to Green Energy Open Access to consumers in Himachal Pradesh, the Himachal Pradesh Electricity Regulatory Commission (HPERC) recently released draft regulation guidelines to promote green open access in the state. Under the regulation, which is termed “Himachal Pradesh Electricity Regulatory Commission (Terms and Conditions for Green Energy Open Access and Banking) […] Read more
Railway Floats Tender For Rooftop Solar In Chhattisgarh Updated On Thu, Sep 5th, 2024 by Saurenergy The South East Central Railway’s Bilaspur Division (Electrical) has announced a tender for the installation of 1.88 MW rooftop solar systems across service buildings, station buildings, and residences in Chhattisgarh. The project will be executed in CAPEX mode. This comes at a time when the Indian Railways is working towards decarbonising its operations and boosting […] Read more
Green Stocks Sept 4: Tata Power Stock Sees The Highest Plunge Updated On Wed, Sep 4th, 2024 by Saurenergy The stock market today gave a mixed back of returns with many firms reporting positive growth and around half of them seeing negative growth. Tata Power reported the highest plunge in their stock prices with a negative growth of 3.03 percent. It was followed by Inox Wind which reported a negative growth of 2.48 percent. […] Read more
Can Digital Solar Project Make Rooftop Solar More Accessible? Updated On Wed, Sep 4th, 2024 by Saurenergy In 2023-24, India’s installed Rooftop Solar (RTS) capacity increased by 2.99 GW, marking the highest annual growth to date. According to the latest data from the Ministry of New and Renewable Energy (MNRE) India’s total installed rooftop solar capacity has reached 13.40 GW by the end of July 2024. Following the launch of the PM […] Read more
NHPC Revises MoU With Maharashtra Govt For 7,350 MW PSPs Updated On Wed, Sep 4th, 2024 by Saurenergy On September 3, State owned NHPC (National Hydroelectric Power Corporation Private Limited) said that it has re-entered a memorandum of understanding (MoU) with the Maharashtra’s Department of Water Resources (WRD) for 7,350 MW renewable energy storage systems. The MoU aims to establish energy storage systems, specifically pumped storage projects (PSPs), in the state of Maharashtra. […] Read more
Jakson Engineers To Invest Rs 2,000cr On Solar Manufacturing Updated On Wed, Sep 4th, 2024 by Saurenergy Jakson Engineers Ltd (JEL), part of the energy and infrastructure conglomerate Jakson Group, announced an expansion of its solar manufacturing business. The company plans to invest approximately Rs 2,000 crore for setting-up a 2,500 MW Solar Cell manufacturing facility, which will be developed in two phases and is simultaneously expanding its existing solar module manufacturing […] Read more
IEX’s August Power Market Update Updated On Wed, Sep 4th, 2024 by Saurenergy The Indian Energy Exchange (IEX), the dominant power exchange in the country, has released its market update for August. IEX achieved a total volume (including certificates) of 12,040 MU in August 2024, marking a 35.8% year-over-year increase. The electricity volume at 9,914 MU, increased 17.1% YoY. The renewable energy certificates (REC) at 2,116 MU, increased […] Read more
