Brazil, India, Indonesia Hold Largest Markets For Electric Cooking: IRENA Updated On Thu, Dec 7th, 2023 by Saurenergy A recent report by International Renewable Energy Agency (IRENA) recently studied the growth of renewable-based electric cooking globally. It found a global improvement in access to clean cooking over the last two decades. The IRENA report said that the improvement was mainly found in five countries: Brazil, China, India, Indonesia, and Pakistan. The report studies […] Read more
ICRA Sees FY24 Ending On a Positive Note For RE, 20 GW Additions Projected For India Updated On Thu, Dec 7th, 2023 by Saurenergy Ratings and Research firm ICRA sounded an optimistic note in their December update, with hopes that overall renewable capacity additions in FY24 will touch 20 GW. That number, made up of 12 GW of solar, 2 GW of wind besides other RE sources, becomes even better for FY25. The firm expects solar to add 20 […] Read more
NTPC Looks for Power Generators for Supply of 1500 MW Solar-Wind Projects Updated On Thu, Dec 7th, 2023 by Saurenergy NTPC Ltd. has issued a tender and invited online bids from eligible bidders on Single Stage Two Envelope (that is, envelope-I: technical bid and envelope-II: financial bid) with reverse auction for the selection of hybrid power generators for the supply of 1500 MW power from ISTS connected -solar-wind hybrid power projects anywhere in India (NTPC-Tranche-IV) […] Read more
Profit Uncertainty Holding Back Europe’s BESS Growth: Rystad Report Updated On Wed, Dec 6th, 2023 by Saurenergy A recent research report on battery storage energy systems (BESS) by Rystad Energy claimed that the profit uncertainties in Europe have held back the growth of BESS. According to the latest research, which analyzes day-ahead power prices in Europe for 2023, Bulgaria (BG), Italy (NORD) and Hungary (HU) offer the highest profit potential for BESS […] Read more
Waaree Partners With IRCON To Supply Solar Modules To Karnataka Updated On Wed, Dec 6th, 2023 by Saurenergy Indian renewable energy company Waaree Energies Limited today announced its partnership with IRCON Renewable Power Ltd. to supply over 200 MW of DCR category solar PV modules for Karnataka. IRCON Renewable Power Ltd., a subsidiary of the public sector undertaking IRCON International Ltd., is a Special Purpose Vehicle (SPV) for the setting up of a […] Read more
Wind Energy Takes Centre Stage at COP28 Updated On Tue, Dec 5th, 2023 by Saurenergy COP28, being held in Dubai, has served as an ideal platform seeing major wind firms and countries join hands on noteworthy agreements on the setting up of wind farms. These agreements run into several gigawatts. 1 GW TotalEnergies AoI On the COP28 platform, French firm, TotalEnergies has entered into an agreement on investment (AoI) with […] Read more
CERC Allows Uttarakhand RE Generator To Avail RECs Despite Delays Updated On Tue, Dec 5th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement used its ‘Power To Relax’ provision to provide relief to Uttarakhand-based renewable energy generators in the matter of the issuance of Renewable Energy Certificates (REC). The order was passed when the petitioner, Dhanashree Agro Products, a Haridwar-based sugar mill, moved the CERC. The sugar mill uses bagasse […] Read more
Adani Green Seals Its Largest Project Financing Of USD 1.36 billion Updated On Tue, Dec 5th, 2023 by Saurenergy Adani Green Energy Ltd (AGEL) announced a follow-on funding of USD 1.36 billion (Bn) to further boost its Construction Financing Framework to USD 3 Bn backed by a consortium of renowned international banks. The renewable energy firm said that the green loan facility would play a pivotal role in enabling the development of AGEL’s next […] Read more
SECI Invites Bids for 400 MWp Domestically Manufactured Solar Modules Updated On Tue, Dec 5th, 2023 by Saurenergy SECI has issued a tender for the manufacturing, testing, packing and forwarding, supply and transportation of 400 MWp domestically manufactured solar PV modules with domestically manufactured solar cells. The last date for the bid submission is December 23, 2023. Bidding opens on the same day, that is, December 23, 2023. The total capacity of PV […] Read more