RWE Kicks Off Two Solar Plus Battery Projects in Garzweiler Mine Updated On Wed, Sep 6th, 2023 by Saurenergy German multinational energy firm RWE installed 58,000 photovoltaic modules in the Garzweiler opencast mine. The modules also boast two battery storage facilities. The project is supplying solar energy to over 7,250 German households per year. The project employs bifacial modules, that capture sunlight from not only both the sides, but also uses light reflected from […] Read more
NTPC, Oil India Sign MoU for Boosting Renewable & Green Initiatives Updated On Fri, Sep 1st, 2023 by Saurenergy Indian power behemoth NTPC Limited and state-owned Oil India Limited have now signed a Memorandum of Understanding (MoU) for collaboration in the business of exploration, development and production of crude oil and natural gas. The agreement was recently signed between the government enteprises to explore collaboration in Renewable Energy, Green Hydrogen and its derivatives, geothermal […] Read more
Govt Releases New Bidding Norms For Hybrid Projects Updated On Wed, Aug 23rd, 2023 by Saurenergy The Ministry of Power has now developed its latest bidding guidelines for solar and wind hybrid projects. It will apply to all intra-state hybrid projects with a capacity of 10 MW and more and to all those with 50 MW or more capacity. The norms said that the rated power capacity of one resource (wind […] Read more
Avg Wholesale Electricity Prices in India in H1 2023 80% Higher than 2019 Levels: IEA Updated On Fri, Aug 18th, 2023 by Saurenergy IEA’s latest report entitled, ‘Electricity Market Report Update; Outlook for 2023 and 2024’ has shed light on the following findings- India has installed significant solar generation capacities in recent years, which helps meet daytime peak demand for cooling. However, evening peaks when the sun does not shine but temperatures remain very high pose a significant […] Read more
Renewables and EVs: Myths and Reality Updated On Wed, Aug 16th, 2023 by Saurenergy There is no doubt that Electric vehicles are a Global saviour for our planet against the pollution being caused by transportation. Reduced greenhouse emissions with EVs is supposed to be offering its accelerated benefits when fueled through renewables. The benefits of this combination thus are inevitable. But there are implementation challenges that places limits on […] Read more
C&I Segment: Group Captive Mode to Drive Installations in FY24-FY25-CareEdge Ratings Updated On Mon, Aug 7th, 2023 by Saurenergy A new report from CARE Ratings predicts sunny times for solar power through Group captive mode in India’s C&I segment. Commercial & Industrial (C&I) consumers in India have the option to purchase power either through a third-party power plant or through a captive/group captive power plant besides procuring power from the designated utility in their region. […] Read more
Govt Releases New Bidding Norms For Solar Projects Updated On Thu, Aug 3rd, 2023 by Saurenergy The Ministry of Power has released new guidelines for bidding of grid-connected solar projects in the country. This comes days after the ministry released a similar document on the bidding format for medium and large wind projects. The new bidding document aims to bring uniformity in solar bids, clearly defining timeline of the projects, Power […] Read more
France’s Neoen Augments Queensland Battery Project to 270 MW/540 MWh Updated On Wed, Jul 26th, 2023 by Saurenergy France’s Independent Power Producer firm which develops, finances, builds and operates solar power plants, wind farms and energy storage solutions, Neoen will be augmenting the the size of its Western Downs Battery project located in Queensland. The expansion is to keep step with the growing demand for storage in the Australian state. Formerly, the battery […] Read more
ITOCHU Expands Renewable Energy Footprint with $2 Bn Overland Capital Partners Fund Updated On Wed, Jul 26th, 2023 by Saurenergy ITOCHU Corporation, headquartered in Minato-ku, Tokyo, has unveiled its latest venture in the renewable energy sector with the establishment of Overland Capital Partners, L.P., a fund focused on investing in renewable energy generation assets across North America, specifically in the United States and Canada. The fund is set to allocate up to approximately US$2 billion […] Read more
