ToD Tariff Mechanism: A Tool To Lower Electricity Bills While Managing Demand Updated On Fri, Oct 6th, 2023 by Saurenergy In a revision to Electricity (Rights of consumers) Rules, 2020, the Government introduced two changes to the electricity tariff system in June 2023. These changes are introduction of Time of Day (ToD) Tariff, and rationalization of smart metering provisions. As per the tariff system introduced, tariff during high-solar hours of the day should be 10%-20% […] Read more
US Could Usher Over 90 GW Wind Installations By 2028: US Wind Watch Updated On Fri, Oct 6th, 2023 by Saurenergy A latest study release entitled, the ‘US Wind Watch’, has been released by Wood Mackenzie and the American Clean Power Association. The report reflects on the surge in offshore wind projects, the revival of onshore markets, and the booming repowering sector. Estimates on Wind Installations The study estimates more than 90 GW of wind energy […] Read more
Sungrow Unveils Residential Inverter Built with Recycled Material at REI 2023 Updated On Fri, Oct 6th, 2023 by Saurenergy Sungrow, an inverter and energy storage system supplier, has released its new residential single phase PV inverter SG5.0RS-L at REI 2023. Sungrow claims that its SG5.0RS-L delivers blazing-powerful performance in an ultra-light weight design. At the same time, its redesigned light weight cover increases corrosion resistance and lightens the installation. Eco-Conscious The new residential hybrid inverter SG5.0RS-L […] Read more
Bengaluru’s EV Infra Startup Bolt.Earth Rakes Up $20 Mn Funding Updated On Fri, Oct 6th, 2023 by Saurenergy EV infrastructure and software company Bolt.Earth has raised $20 million from Union Square Ventures, Prime Venture Partners and ITIGO Funds, among others. Union Square and Prime Venture Partners had already backed the Bengaluru-based startup during its Series A round of $4 million in September 2021. The company then rebranded itself from Revos to Bolt.Earth. The company said […] 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
Energy Modeling Platform PLEXOS Signs Up Tata Power In India Updated On Fri, Oct 6th, 2023 by Saurenergy Australia based Energy Exemplar, a developer of the PLEXOS modeling platform, has signed a one-year deal with Tata Power Ltd, India’s largest integrated power company, which will use the platform to optimize its power portfolio and undertake round-the-clock renewable energy modeling in a one-year deal. Formerly called Drayton Analytics, Energy Exemplar calls PLEXOS the mot […] Read more
Australian Battery Recycling Start up Renewable Metals Scoops Up $8 Million Updated On Fri, Oct 6th, 2023 by Saurenergy Perth-based firm Renewable Metals has raised an AUD $8 million in funding from the Clean Energy Finance Corporation (CEFC), to scale up its battery recycling technology. Lithium ion battery recycling has been a focus area for many startups around the world, as the case is extremely strong on both environment and economic grounds, thanks to […] Read more
Havells Launches Dual Mode Micro Inverter With Four US Patents Updated On Thu, Oct 5th, 2023 by Saurenergy On day 2 of the REI 2023, Havells India Limited, a Fast Moving Electrical Goods (FMEG) company, on Oct 5, unveiled the Dual Mode MicroInverter (DMMI), backed by four US patents. The firm claims that this innovation could transform the solar power industry by addressing key limitations associated with traditional inverters and microinverters. DMMI is […] Read more
Inverter Firm SOFAR Launches PV & ESS Innovations at REI 2023 Updated On Thu, Oct 5th, 2023 by Saurenergy SOFAR, a provider of all-scenario PV & ESS solutions, drew attention by showcasing its solar and storage solutions at Renewable Energy India (REI), held at Greater Noida from October 4 to 6. New Inverter Launched Currently, utility segment contributes to the major growth of the Indian RE industry. The firm unveiled its 350kW inverter PowerMega […] Read more
