Wind Energy Generation to Surge 4-5 Times on Policy Tailwinds: CRISIL Report Updated On Wed, Mar 22nd, 2023 by Saurenergy According to a report by CRISIL, the Ministry of New and Renewable Energy has introduced positive policy changes that could lead to a 6–8 GW annual increase in wind capacity starting in fiscal 2026. This would be four times the growth of 1.6 GW seen in the past five fiscal years, which was driven by […] Read more
Access to finance remains a significant challenge for many energy storage projects: V G Anil, ARENQ Updated On Wed, Mar 22nd, 2023 by Saurenergy Pune-based ARENQ, a manufacturer and distributor of storage batteries for all industries, is a subsidiary of Sunlit Power. The CEO of ARENQ, V G Anil, speaks to Saur Energy about the battery storage industry in India and the ambitions of the firm. What are some alternatives to li-ion batteries that the industry can […] Read more
Solar Financing Startup Aerem Raises $5 Million in Equity Plus Debt Round Updated On Thu, Mar 16th, 2023 by Saurenergy Solar financing platform Aerem has raised $5 million in Pre-Series A round led by climate-tech investor Avaana Capital. The round also saw follow-on participation from Blume Ventures and it includes debt financing of $1.5 million from financial institutions. Financing has been a key issue seen to impact uptake of solar in the MSME segment, and […] Read more
Hero Future Energies Signs MoU with Andhra Pradesh to Develop Renewable Capacity Updated On Wed, Mar 15th, 2023 by Saurenergy An independent power producer (IPP) with about 1.6 GW of operating assets across utility and commercial and industrial sectors, Hero Future Energies has signed a Memorandum of Understanding with the Government of Andhra Pradesh. The agreement will pave the way for setting up a renewable energy facility in the state. The firm will work closely […] Read more
Power Minister R.K. Singh Updates Parliament On Progress With India’s Energy Transition Updated On Wed, Mar 15th, 2023 by Saurenergy Union Minister of Renewable Energy & Power R.K. Singh made a slew of announcements in the Rajya Sabha yesterday, shining the light on the progress made in renewable energy in the country. Here is a look at some important of the relevant news related to renewables. Renewable Energy Installed As on 31.01.2023, the cumulative installed […] Read more
High Priced Power Portal Launched Formally To Tackle Summer Peaks Updated On Fri, Mar 10th, 2023 by Saurenergy As reported earlier by SaurEnergy, the formal start of the high priced power regime has been started to combat the summer peaks in power supply. For the record, India’s February power demand was an all time high. Launching the High Price Day Ahead Market and Surplus Power Portal (PUShP) – an initiative to ensure greater […] Read more
“What is important is the intent; Capability can be built”, Shilpa Urhekar, Sterling & Wilson Renewable Energy Updated On Tue, Mar 7th, 2023 by Saurenergy Shilpa Urhekar is one of those rare professionals in the solar sector who have seen the sector evolve from its tentative origins, when a MW-sized project was a milestone, to the current shift, when GW-sized ambitions are at par for the course. The former Indian Air Force squadron leader has been involved with establishing module […] Read more
As Inverters Become ‘Smart’ Customers Follow Suit Updated On Mon, Mar 6th, 2023 by Saurenergy Solar inverters, with a share of 3-7% of project cost typically, have always played a far more critical role than the share of costs would imply. As the ‘brains’ behind the plant, the role of the inverter in converting power generated with the highest possible efficiency, in the safest way possible, has been critical for […] Read more
NREL Wins The Battle Of Commissions With GUVNL For 350 MW Solar Projects Updated On Fri, Mar 3rd, 2023 by Saurenergy In a battle involving 350 MW of delayed solar projects in Gujarat, NTPC Renewable Energy Limited has won an early win, with the CERC going with its contention that the Central Regulator is the right forum for any dispute with the state discom, GUVNL, in this case. NREL, the wholly owned subsidiary of NTPC, had […] Read more
