Tata Steel Limited Eyes 26% Stake in Tata Power Arm Updated On Fri, Oct 20th, 2023 by Saurenergy Steelmaking firm Tata Steel Limited (TSL) has joined hands with Tata Power Renewable Energy Limited (TPREL) and TP Vardhaman Surya Ltd. (TPVSL). Under this agreement, TSL seeks to acquire 26% in TPVSL, currently a wholly owned subsidiary of TPREL. As per the agreement, TSL will also execute a fixed-tariff long-term agreement with TPVSL to source […] Read more
At Least 3000 GW of Renewable Power Projects in Grid Connection Queues: IEA Updated On Wed, Oct 18th, 2023 by Saurenergy The International Energy Agency (IEA) has released a report on, ‘Electricity Grids and Secure Energy Transitions Enhancing to Support the Foundations for Building Resilient, Sustainable and Affordable Power Systems’. The report emphasises that the grid’s risk is becoming a weak link of clean energy transitions. The report suggests that a link between delays in grid […] Read more
Exeter Study Claims Solar ‘Tipping Point’, Challenges To Solar Growth Updated On Wed, Oct 18th, 2023 by Saurenergy Research from a team at the UK- based University of Exeter has come out with some provocative findings. The research claims that the world may have crossed a “tipping point” that will inevitably make solar power our main source of energy. The study, led by the University of Exeter and University College London, is part […] Read more
European Solar Body Wants Life Support Now, from the EU Updated On Thu, Oct 12th, 2023 by Saurenergy Solar Power Europe, the member-led association for the European solar PV sector, with claims to represents over 300 organisations across the entire solar sector in the continent has iterated its demand for direct support from the EU, instead of trade tariffs. Calling trade tariffs no solution, the board of Solar Power Europe said that ” […] Read more
10% PV Installations Will Incorporate Storage Within a Decade: DNV Report Updated On Thu, Oct 12th, 2023 by Saurenergy DNV, an expert in assurance and risk management, has recently released its ‘Energy Transition Outlook, 2023’ report, focusing on the progress of solar photovoltaic (PV) technology. The report gives an overall trends stating that, in 2004 the annual solar installations were a modest 1 GW. However, by 2019, this figure skyrocketed to 100 GW despite […] Read more
Envision Strengthens Success Story in India with 653.4 MW Order Updated On Thu, Oct 12th, 2023 by Saurenergy Envision Energy, a global leader in renewable energy solutions has won an order from India’s JSW Energy for developing a 653.4 MW wind energy park in Karnataka and Maharashtra. As per the order, Envision would provide 198 units of EN 156-3.3 MW WTGs (Wind Turbine Generator). The project is expected to be commissioned in phased […] Read more
Cabinet Approves Change In MMDR Norms To Specify Royalty For Lithium Updated On Wed, Oct 11th, 2023 by Saurenergy Union Cabinet chaired by the Prime Minister Narendra Modi today approved amendment of Second Schedule of the Mines and Minerals (Development and Regulation) Act, 1957 (‘MMDR Act’). The amendment was meant for specifying rate of royalty for three critical and strategic minerals–Lithium, Niobium and Rare Earth Elements (REEs). Recently, the Mines and Minerals (Development and […] Read more
Waaree Group Inaugurates 715 Wp Module at REI Expo 2023 Updated On Fri, Oct 6th, 2023 by Saurenergy Waaree Group, solar energy solutions provider, is showcasing its presence at the REI Expo 2023. The firm’s booth was inaugurated by Hitesh Doshi, Chairman and Managing Director of Waaree Group, and renewable energy industry leader, Dan Shugar, Founder and CEO of Nextracker. Nextracker is an energy solutions company, delivering solar technology for future generations. During […] Read more
Credit Fair Joins Hands with Amplus to Finance Rooftop Solutions Updated On Thu, Oct 5th, 2023 by Saurenergy Credit Fair, a consumer lending fintech startup, has joined forces with Amplus Solar, a clean energy solutions provider. This collaboration offers collateral-free affordable financing to individuals, housing societies and trust associations looking to set up solar rooftops. The maximum loan an individual and MSME can avail of is up to Rs 200 lakh. Credit Fair […] Read more
