5 Ways Lower Storage Costs Will Affect Solar Deployment Updated On Tue, Jan 16th, 2024 by Saurenergy Ever since 2015, when solar started being added at scale every year, all stakeholders have known the biggest challenge it will ultimately face. Intermittency. Or more simply, what to do when the sun goes down. That is why cheap and efficient storage has been considered almost like the golden key that will unlock solar possibilities […] Read more
Government Removes License Requirement For Energy Storage System Updated On Tue, Jan 16th, 2024 by Saurenergy Centre ends the requirement for license to operate and maintain the dedicated transmission lines by power generating companies for them to connect to the grid. Union minister RK Singh recently announced this decision stating that putting an end to the requirement of license for dedicated transmission lines for industry will lead to “ease of doing […] Read more
Sarda Awards Rs 150 cr Solar Chhattisgarh Project To Gensol Engineering Updated On Tue, Jan 16th, 2024 by Saurenergy Sarda Energy & Minerals Ltd (SEML) has announced the awarding of a Rs 150 crore contract to Gensol Engineering Ltd for the development of a 50-MW DC solar power plant in the state of Chhattisgarh. In a regulatory filing before authorities, Sarda Energy & Minerals has declared that the purpose of this project is to […] Read more
Mahindra, Ontario Teachers’ Co-Sponsor 2262.8 Crore Renewable Project Updated On Mon, Jan 15th, 2024 by Saurenergy Mahindra Group, a farm equipment, utility vehicles, information technology and financial services businesses in India, and Ontario Teachers’ Pension Plan Board (Ontario Teachers’), an institutional investor, have co-sponsored an Infrastructure Investment Trust (InvIT) in the renewable energy space. The InvIT, ‘Sustainable Energy Infra Trust’ (SEIT), is India’s InvIT in the renewable energy space. SEIT has […] Read more
EU Adds 17 GW New Wind Energy In 2023, Fails To Meet 30 GW Target Updated On Mon, Jan 15th, 2024 by Saurenergy A latest data by WindEurope found that European Union (EU) built 17 GW of new wind farms in 2023. The report also said that the EU installed 14 GW of onshore and 3 GW of offshore wind energy. The EU report stated, “These numbers are slightly up on 2022 and are the most the EU has ever built […] Read more
14 Trends That Drove Change In RE Within 2023: IEA Analysis Updated On Fri, Jan 12th, 2024 by Saurenergy The International Energy Agency (IEA) reviews 14 major trends that shaped 2023 and predicts future changes for energy sector in 2024. 1. 2023 Witnessed Change In Renewable Capacity Additions, driven by China’s solar PV market According to IEA , the global annual renewable capacity addition was expected to increase by almost 50% to nearly 510 […] Read more
Indian Railways Floats RTC Tender For 695MW Of Renewable Power Updated On Thu, Jan 11th, 2024 by Saurenergy The Indian Railways has now floated a tender, seeking developers to supply 695 MW of Round-the-Clock (RTC) power from grid-connected Renewable Energy. The Railway Energy Management Company Limited floated the tender on behalf of the Indian Railways. “REMC Ltd., for and on behalf of Indian Railways, invites bid in single stage two packet system for […] Read more
Mahindra Susten Gets ‘Water Positive’ Certification Updated On Thu, Jan 11th, 2024 by Saurenergy Mahindra Susten, a renewable Independent Power Producer (IPP) with in-house expertise in engineering, procurement, and construction (EPC), announced that it has been awarded the ‘Water Positive Verification’ certificate for its 100% operating portfolio for the assessment year FY23. The accreditation, granted by certification authority TUV India (TÜV NORD GROUP), recognized Susten’s commitment towards planet-positive initiatives and […] Read more
NHPC Awards 250MW Rajasthan Solar Project To Apraava Energy Updated On Thu, Jan 11th, 2024 by Saurenergy The National Hydroelectric Power Corporation (NHPC) awarded a 250 MW Inter-State Transmission System (ISTS) connected solar energy project in Rajasthan to Apraava Energy. Apraava Energy, an integrated energy solutions provider, announced receiving the order today. The project order through the e-reverse auction mechanism at a walk-out tariff of INR 2.53 per kWh is scheduled to be completed within […] Read more