415 GW and Beyond: Role of Solar Energy in Meeting Global 2030 Climate Goals Updated On Thu, Sep 5th, 2024 by Saurenergy The urgency for a global shift towards sustainable development, primarily driven by renewable energy, is undeniable. Both developed and developing economies have embraced the need to limit the increase in global temperatures, as agreed in the Paris Agreement (COP21). This agreement set ambitious goals for nations to work towards keeping the global temperature increase to […] 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
Survey Places GenZ On Top For Affinity To Solar Solutions In India Updated On Wed, Sep 4th, 2024 by Saurenergy A multi city survey in India of over 4000 respondents has thrown up some interesting findings when it comes to awareness of, and perception of solar power solutions. Gen Z (those aged between 27- 40years) leads with 50% awareness, followed by Millennials at 46% (those aged 28 to 43) , and Gen X (44 to […] Read more
Alpex Solar To Double PV Module Capacity, Explore Cell Production Updated On Wed, Sep 4th, 2024 by Saurenergy Greater Noida-based NSE Emerge-listed solar systems manufacturing Company Alpex Solar Ltd today announced its expansion plans to double its photovoltaic solar module capacity to 2.4 GW. The greenfield project will be installed in the company’s newly acquired land parcel at Kosi Kotwan, Mathura, Uttar Pradesh. Besides, the Board also authorised the Managing Director of the […] 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
PM-KUSUM: JREDA Awards Contract To Solartive For Solar Pumps Updated On Tue, Sep 3rd, 2024 by Saurenergy Jharkhand Renewable Energy Development Agency (JREDA) has awarded the contract of solar pumps under the PM KUSUM scheme to Solartive, a water and infrastructure company, the firm said today. Under the project, the company will provide farmers solar pumps with an aim to decarbonise irrigation activities on the farmlands. This project, valued at approximately Rs […] Read more
PM KUSUM: UPNEDA Issues Bids To Solarise 10,000 Solar Pumps Updated On Mon, Sep 2nd, 2024 by Saurenergy Intending to solarize 10,000 grid-connected agriculture pumps under KUSUM Component C-1, the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) recently released a tender. The tender aims to supply, install, test, and commission distributed grid-connected solar PV systems with 5 years of comprehensive maintenance. UPNEDA has set 23rd September as the last date for […] Read more
Solar Generation In India Improved In FY24: Fitch Ratings Updated On Mon, Sep 2nd, 2024 by Saurenergy In the financial year ending March 2024 (FY24), India saw improved power generation performance. However, overall power generation was slightly below the one-year P90 forecasts, Fitch Ratings reports. Fitch Ratings, a credit rating organization headquartered in both New York and London, observed an increase in generation at the portfolio level. The company reported a 4% […] Read more
