Saur Energy International
15th May 2024

RENEWABLES NEWS

gautam-solar

US Utility Solar Capacity Crosses 100 GW

The American Clean Power Association (ACP), in its quarterly report for the US states that 2024 has begun on a strong note with Q1 seeing U.S. utility-scale solar, wind, and storage sectors adding a combined 5,585 megawatts (MW) of new capacity.This is an increase of...

GIB Row: CERC Grants Compensation To PFC In Case Involving Adani Green

The Central Electricity Regulatory Commission (CERC) in its latest judgement allowed compensation to Fatehgarh Bhadla Transmission Limited (FBTL) due its increased project cost due to the Great Indian Bustard (GIB) row. FBTL is a Special Purpose Vehicle (SPV) of the PFC Consulting Limited. It was...

icon solar

SJVN, Hero Future Energies Sign PPA For 120 MW AP Solar Project

SJVN Limited (SJVN), an Indian Public Sector Undertaking (PSU), recently signed a Power Purchase Agreement (PPA) with Hero Future Energies. The company singed this agreement with SJVN Limited for a 120 MW Firm and Dispatchable Renewable Energy (FDRE) project to be developed in Andhra Pradesh....

solax power

May 15- Green Stocks Continue To Enjoy Investor Confidence

On a day when the broader market struggled to make a decisive move, green energy stocks in our basket had no such problems, with 9 out of 11 racing away yet again. While Waaree Renewable Technologies made its by now predictable return to a 5%...

ib solar

MNRE Issues Order To Simplify Solar Park Documentation

The Ministry of New and Renewable Energy (MNRE) in its latest order exempted the vetting of Detailed Project Reports (DPRs) and solar parks infrastructure development charges and O&M charges of solar parks by the State Government Committee. This was done by demands were made by...

Current Issue

With The Rise Of RE, India’s New Coal Capacity Sees Record Drop: Report

A latest report by the Institute for Energy Economics and Financial Analysis (IEEFA) said that renewable energy accounted for 71.5% of the record 13,669 megawatts (MW) power generation capacity added by India in the first quarter (Jan-Mar) of this year (2024), while coal’s share (including lignite)...

KPI Green Energy Approves Fundraising Proposal Worth Rs 1,000 crore

KPI Green Energy has approved the proposal of raising Rs 1,000 crore in a recently held board meeting. According to a regulatory filing, KPI Green Energy will raise the funds through the issuance of equity shares of the Company or any other equity-linked securities of...

Grid Optimization: Heimdall Power’s Magic Balls Make A Mark

As our energy demands evolve and renewable sources become increasingly integrated into our power networks, the need for innovative solutions to optimize grid performance has never been more pressing. Especially with higher injections of variable renewable energy, grid optimisation has never been more important. The...

News Brief May 15 – China-Serbia Deal, JinkoSolar, Finnish Wind Farm

China’s Hunan Rich Inks Deal With Serbia for 1GW PV module factory in Serbia The Serbian government has signed an MoU with Chinese firm Hunan Rich Photovoltaic Science and Technology to build a 1GW solar module production facility in Serbia. Serbian minister of mining and...

US Slaps 50% tariffs On Chinese Solar Cells

In its continuing efforts to build, and protect existing US solar manufacturers from Chinese imports, US President Joe Biden has announced a series of tariffs directed towards Chinese goods, including solar cells. Under Section 301 of the Trade Act of 1974, solar cells – whether...

Hitachi Energy Inks 3.5 GW Wind Power Transmission Deal In US

Hitachi Energy announced that it has signed a multi-year agreement with Pattern Energy to support its high-voltage direct current (HVDC) technologies for the SunZia Transmission Project. The link will connect the 3,515-megawatt (MW) SunZia Wind project in New Mexico to Arizona and Western states, which...

Australia Plans To Boost Local Solar Module Manufacturing, Allocates Funds

The Australian government has now planned to boost its solar module manufacturing locally. The government yesterday in its latest budget had also announced special packages for boosting solar module manufacturing and renewable energy in the region.  As per the budget document of the government, the...

EV's & Storage News

Top Five Electric Auto Manufacturers In India Changing City Transit Landscape

Electric Auto-rickshaws are becoming the talk of the town with major transitions taking place in cities like Delhi. Amid the push for cleaner modes of transport, public transport is rapidly changing and electric buses are plying on the road in larger numbers. Now, electric autos...

Exicom Launches DC Chargers With Power Outputs Up To 400kW

Exicom, an electric vehicle (EV) charging and critical power solutions provider in India, launched fast DC Chargers up to 400kW. The newly launched Harmony Gen 1.5 DC Fast Chargers are bundled with a range of advanced features including an advanced AI-driven remote management system. It...

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