Saur Energy International
15th December 2023

RENEWABLES NEWS

gautam-solar

Solar Production Costs In China Falls By 42% In 2023: Wood Mackenzie

A latest report states that the cost of producing solar modules in China has dropped by 42% in the last 12 months to US$0.15 per watt (/W). This gave manufacturers in the country cost advantage over international rivals according to the New Horizons report from...

RUVNL Initiates Proposal to Eliminate Restrictions of Structured RE Projects with ESS

In a petition filed by the Rajasthan Urja Vikas Nigam Limited (RUVNL), it seeks approval for the selection of developers and procurement of bidding documents for an Inter-State Transmission System (ISTS) connected energy storage solution with a capacity of 1000 MW/6000 MWh. The proposal aspires...

waaree

PM KUSUM: Ambitions Continue to Overpower Ground Work in 2023

The Union Minister for New & Renewable Energy and Power R.K. Singh has informed that 2.73 lakh standalone solar pumps have been installed under PM-KUSUM as on October 31, 2023. Not surprisingly, Component A has barely seen installations, with Component C being disappointing. Component B...

SOFAR Showcases PV & ESS Offering at EnerGaïa 2023 at France

SOFAR showcased its solar and storage solutions covering residential, C&I and utility applications at EnerGaïa concluded at France recently. SOFAR is a global provider of all-scenario PV & ESS solutions, With the European Parliament adopting the power market reform plan in July, the EU utility...

cosmic

Suzlon Armed with 100.8 MW Wind Power Project in Gujarat

Renewable energy solutions provider, Suzlon Group, has announced a new order win for the development of a 100.8 MW wind power project for a global utility firm. Suzlon will install 32 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated...

Sterling & Wilson Renewable Energy Raises INR 1,500 Cr via QIP Route

Sterling & Wilson Renewable Energy Limited (SWRE) has announced the completion of a fundraise of INR 1,500 crore through Qualified Institutions Placement (QIP) route. The Securities Issuance Committee of Board of Directors, at its meeting held on December 14, 2023, approved the issue and allotment...

Bangalore EV Startup Exponent Energy Rakes Up $26.4 Mn in Series B Round

A Bangalore-based startup that delves in rapid charging of electric vehicles, Exponent Energy, has pocketed $26.4 million in a Series B round that was led by Eight Roads Ventures. It also entailed a strategic investment from TDK Ventures. Other participants in the Series B round...

Navalt Releases Solar-Electric Boat Barracuda at Mazagon Dock

Navalt, an eco-marine tech firm that specializes in the manufacturing of solar electric vessels, has released its solar-electric boat, the Barracuda at Mazagon Dock in Maharashtra. This is said to be one of the fastest solar-electric boats in India. The solar electric boat works on optional...

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