Renewable PPA Prices In North America Stabilise in Q1, Drop In Europe Updated On Fri, Apr 19th, 2024 by Saurenergy Spain-based Power purchase agreement (PPA) services company and platform LevelTen Energy, in its latest report has called Q1 2024 as one of the more stable ones after a while in North America, as renewable PPA offer prices in North America (led by drop in Solar PPAs)increased by less than 1% from the previous quarter. According […] Read more
Mishap At Omkareshwar Brings Forth Worries On Large Floating Solar Projects Updated On Tue, Apr 16th, 2024 by Saurenergy The pictures, and videos of the damage caused at India’s largest floating solar plant, at Omkareshwar in Madhya Pradesh, have brought forth a range of worries about the issues involved with floating solar, besides the best way to resolve them. The answer lies in better research and transparency about these projects., considered critical to regional […] Read more
Could Interest Rates Trip Up India’s Renewables Push? Updated On Tue, Apr 16th, 2024 by Saurenergy Since April started, India’s renewable sector has presented an observer with two contrasting camps. On one side are solar module, and some cell manufacturers, who look forward to good times with the tightening of restrictions on Chinese imports. On the other are the developers, the first few of whom have already started indicating the risk […] Read more
US Moves Closer To Add 25 GW RE Capacity With New Projects Updated On Fri, Apr 12th, 2024 by Saurenergy Joe Biden administration recently announced a series of milestones and associated actions to promote responsible clean energy development on public lands. This is to help achieve President Biden’s goal of creating a carbon pollution-free power sector by 2035. Secretary of the Interior Deb Haaland recently announced that the department has now permitted more than 25 […] Read more
APTEL Raises Concern Over Unscheduled Power Drawal From Grid By RE Generators Updated On Wed, Apr 10th, 2024 by Saurenergy The Appellate Tribunal For Electricity (APTEL) in its latest judgment raised concerns over the unscheduled power drawal from the grid by renewable energy generators. It also took a dig at the authorities concerned over the dearth of legislation on the issue. The remarks appeared in the latest written order of the APTEL while hearing a […] Read more
India Creates New Record By Adding 18.5 GW Of Renewables In 2023-24 Updated On Wed, Apr 10th, 2024 by Saurenergy India created a new milestone in 2023-24 by adding one of the highest-ever additions of renewable energy in the country. The latest statistics shared by the Ministry of New and Renewable Energy (MNRE) revealed that during the last fiscal year, the country added a total of 18.5 GW of total renewable power, thanks to a […] Read more
Canada Pension Board Invests In UK-Based Firm For Offshore Wind Energy Updated On Tue, Apr 9th, 2024 by Saurenergy Canada Pension Plan Investment Board (CPPIB) has invested in UK-based Reventus Power to further its plans to establish the firm as a global player in the offshore wind sector. Consequently, Reventus Power has doubled the size of its global team to approximately 50 offshore wind specialists, increased its presence in the UK, Germany, Poland, and […] Read more
FIMER’s Made In India Inverters Shine In Key Indian PV Projects: KN Sreevatsa, MD Updated On Tue, Apr 9th, 2024 by Saurenergy 1.How was the year 2023 for FIMER in India In 2023, FIMER achieved a groundbreaking feat by securing its first major order of the year — a substantial 2.45 GW contract from a single client at a specific location in India. This was particularly significant as it involved the successful conclusion of the NTPC Phase […] Read more
Dalmia Cement To Pick 18% Stake In Wind Power Firm O2 Renewable Energy Subsidiary Updated On Mon, Apr 8th, 2024 by Saurenergy Indian cement manufacturer Dalmia Cement (Bharat) Limited (‘DCBL’) has announced it has entered into a Share Purchase Agreement (“SPA”), Deed of Accession (‘DOA’), and Power Purchase Agreement (‘PPA’) on April 5 to acquire 18.13% of the equity share capital of O2 Renewable Energy V Private Limited, consisting of 68,99,293 equity shares aggregating to Rs.7.80 crore […] Read more
