Annual Global Investment in Energy Transition Tech Touched Record Level of US$ 1.1 Trillion in 2022 Updated On Wed, Oct 4th, 2023 by Saurenergy Deloitte’s recent report on India’s energy transition pathway, highlights three pillars of the energy transition pathway. The report mentions three important components in energy transition: grid decarbonisation, industrial decarbonisation, and transport transition. Investments in Energy Transition In 2022, annual global investment in energy transition technologies touched a record level of US$ 1.1 trillion, witnessing a 31 […] Read more
German 400 MW Solar Plus Storage Tender Sees Oversubscription Updated On Tue, Oct 3rd, 2023 by Saurenergy Germany has concluded its latest round of the 400 MW solar tender that comes with storage. The Federal Network Agency shortlisted 408 MW worth of projects. Interestingly, this round of the innovation tender attracted unprecedented interest from the bidders. The round saw a total of 53 bids with a cumulative capacity of 779 MW. Of […] Read more
KPI Green Wins 16.90 MW Aggregate Orders Under Captive Segment Updated On Tue, Oct 3rd, 2023 by Saurenergy Independent Power Producer KPI Green has received a new order for executing wind-solar hybrid power project for a aggregate 6.90 MW capacity comprising of 4.90 MW wind and 2 MW solar capacity. The projects have been awarded by General Polytex Pvt. Ltd., Surat, under ‘Captive Power Producer (CPP)’ segment of the firm. The projects are […] Read more
Nextracker Primed For India Growth With 4.5 GW Order Book, 10 GW Capacity Updated On Tue, Oct 3rd, 2023 by Saurenergy US-based solar tracker leader Nextracker is set to ride the solar growth story in India, with its local manufacturing capacity up to 10 GW now. Spread across 13 factories across the country through its eleven contract manufacturing partners, the firm claims to have achieved 80% indigenization levels, giving it a strong advantage over global competitors. […] Read more
Powergrid Emerges Successful Bidder for 2500 MW Transmission Project Updated On Tue, Oct 3rd, 2023 by Saurenergy India’s largest electricity transmission company Power Grid Corporation of India Limited, has emerged as the successful bidder under tariff based competitive bidding, for the acquisition of Ananthpuram Kurnool Transmission Limited to establish transmission scheme for solar energy zone in Ananthpuram (Ananthapur) (2500 MW). It has also bagged Kurnool (1000 MW) project in Andhra Pradesh. The […] Read more
Mordor Intelligence Pegs 6.97% CAGR in 2023-28 for Distributed Solar Power Generation Updated On Tue, Oct 3rd, 2023 by Saurenergy A report release by Mordor Intelligence on distributed solar power generation market size forecasts that the market is expected to grow from USD 139.96 billion in 2023 to USD 196.03 billion. It is estimated that this growth is to be attained by 2028, at a CAGR of 6.97% during the forecast period (2023-2028). The report […] Read more
NHPC Issues Tender for EPC, O&M of 40 MW Solar Project in Odisha Updated On Tue, Oct 3rd, 2023 by Saurenergy NHPC has issued a tender and invited online bids through domestic competitive bidding in single stage-two part bidding basis (i.e.part-I:QR+technical-bid and part-II: financial bid) with e-reverse auction (e-RA) by NHPC Ltd.for “Engineering Procurement and Construction (EPC) contract for development of 40 MW capacity solar power project and associated 220 KV transmission line for connectivity at […] Read more
RSOLEC Announces Solar Venture with $300 Mn Planned Investment Updated On Tue, Oct 3rd, 2023 by Saurenergy Renaissance Solar and Electronic Materials (RSOLEC), a solar enterprise with operations in India and the USA, today announced its official launch and establishment, accompanied by a significant planned investment of about $300 million. With global reach and expertise in differentiated solar and electronic materials manufacturing, RSOLEC claims it is set to revolutionize the industry with […] Read more
RUMSL Issues Tender for 750 MW Wind-Solar Hybrid Power Projects Updated On Tue, Oct 3rd, 2023 by Saurenergy Rewa Ultra Mega Solar Limited (RUMSL) has issued a tender for the development of 750 MW wind-solar hybrid power projects in Madhya Pradesh. This project will be on a BOO basis (Build Own Operate) basis. Developers may also add storage capacity. The last date for submission of bids is November 17, 2023. Bids open on […] Read more
