Indonesia, India & China Account for Almost 70% of Demand for Floating PV in ’22: WoodMac Updated On Thu, Jun 1st, 2023 by Saurenergy A report released by Wood Mackenzie says that the global floating solar market is set to top 6 GW threshold by 2031. In a significant finding, the report adds that 15 countries are estimated to cross 500 MW of cumulative floating PV installations by 2031. These include China, India, Indonesia, South Korea, Vietnam in the […] Read more
Hyundai Mobis Constructs New Battery Plant in Indonesia Updated On Thu, Jun 1st, 2023 by Saurenergy South Korean automotive supplier Hyundai Mobis has started the construction of a new EV dedicated battery system plant in Indonesia that will be completed by the first half of 2024. It said that it intends to set Indonesia as a beachhead as the country is emerging as the heart of the ASEAN market, and catapult […] Read more
India’s Utility Scale Renewable Growth To Face Hurdles In 2023 to 2024: IEA Report Updated On Thu, Jun 1st, 2023 by Saurenergy A latest report by the International Energy Agency (IEA) claimed that India is likely to see an increased installation of renewable energy in 2023 and 2024. It attributed this to some of the positive developments in the sector. The global report titled ‘Renewable Energy Market Update’ gives a projection of the growth of renewable energy across the […] Read more
Nexamp Secures $400 Million for Community Solar in Six US States Updated On Thu, Jun 1st, 2023 by Saurenergy Boston based national clean energy provider Nexamp has announced over $400 million in tax equity and debt commitments led by US Bancorp Impact Finance and Mitsubishi UFJ Finance Group (MUFG). The funds will support the creation of 49 solar power and battery storage projects in six US states. The renewable energy projects will come up […] Read more
Europe’s SOLEK Closes $379 Million Financing for Chile Solar Projects Updated On Thu, Jun 1st, 2023 by Saurenergy European renewable energy firm SOLEK has closed a $379 million financing for its portfolio in Chile, consisting of solar photovoltaic utility-scale and PMGD (Small Means of Distributed Generation projects in chile). The solar power projects will come up in the Central Region. SOLEK claims to be a fast-growing company in the renewable energy sector. It […] Read more
Paresh Ranpara Joins Grid India as Director, Human Resources Updated On Thu, Jun 1st, 2023 by Saurenergy Paresh Ranpara has joined the Grid Controller of India (effective 31.05.2023) as Director, Human Resources. Ranpara has almost three decades of experience as an HR professional in the power sector. His professional experience entails his role as the General Manager of Human Resources at Gujarat Urja Vikas Nigam Ltd (GUVNL). The newly appointed Director of […] Read more
Top Automakers in Japan, India Lag in EV Transition: Report Updated On Thu, Jun 1st, 2023 by Saurenergy A latest report from the International Council on Clean Transportation (ICCT) claimed that the top automobile companies in Japan and India are lagging behind in transitioning from a fossil-fuel-based regime to an Electric Vehicle (EV)-based market. The report evaluated automakers on their performance and strategy across a set of measures related to their current position in the […] Read more
PSPCL Issues Tender to Procure 1000 MW Solar Power Updated On Thu, Jun 1st, 2023 by Saurenergy Punjab State Power Corporation Ltd. (PSPCL) has issued a tender for the procurement of 1000 MW of solar power via competitive bidding. This will be followed by an e-reverse auction. The RfS is open to grid-connected solar photovoltaic power projects with a capacity of 5 MW and above, located anywhere in Punjab. The last date […] Read more
CERC Asks Regional Gencos To Be Prepared For Ancillary Services During Peak Demand Updated On Thu, Jun 1st, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest order, has asked the regional power generating stations under the control of state governments and other power stations to be prepared to render their ancillary services to counter the peak electricity demand. The peak demands are likely to increase with the country’s temperature rise. The central authority […] Read more
