Southeast Asian Power Market On A Liberalisation Spree: Report Updated On Thu, Jun 15th, 2023 by Saurenergy The recent Global Market Outlook report on solar power by Intersolar Europe and Global Solar Council claimed that several countries in the Southeast Asian market are on a liberalization spree to reform their power sector. These reforms aimed to boost the production of renewable energy and its use to cater to the power needs of […] Read more
Power Minister Meets French Delegation, Discusses Energy Transition Collaboration Updated On Wed, Jun 14th, 2023 by Saurenergy Union Minister for Power R. K. Singh recently held a meeting in New Delhi with Chrysoula Zacharopoulou, Minister of State for Development, Francophonie, and International Partnerships, attached to the Minister for Europe and Foreign Affairs. The minister, who also holds the additional portfolio of the New and Renewable Energy also met Emmanuel Lenain, Ambassador of […] Read more
Countries Need More New RE Power To Achieve Global Climate Targets: Study Updated On Wed, Jun 14th, 2023 by Saurenergy A new analysis from Climate Analytics claimed that the world would need more new wind and solar power installations to limit global warming to 1.5°C. Climate Analytics is a global science and policy institute. The analysis said that the globe would need to add renewables up to five times faster by 2030 at a rate of 1.5 […] Read more
China’s Offshore Wind Achieves Remarkable Power Price Parity with Coal Prices Updated On Tue, Jun 13th, 2023 by Saurenergy China’s rapidly expanding offshore wind industry has defied the global norm by successfully driving down power prices to match those of coal, according to a recent report by BloombergNEF. While other regions continue to face upward pressure on energy costs, China’s offshore wind sector has experienced a significant reduction in prices, presenting a promising development […] Read more
Waaree Renewable Technologies Bags 6.5 MWp(DC)/ 5 MW(AC) EPC Project in Chhattisgarh Updated On Tue, Jun 13th, 2023 by Saurenergy Renewable energy EPC firm, Waaree Renewable Technologies Ltd has been awarded an Engineering, Procurement, and Construction (EPC) contract for a solar power project by energy arm of India’s leading steel and power conglomerate. The firm has secured the EPC contract for a 6.5 MWp (DC)/ 5 MW (AC) solar power project in Chhattisgarh. The project […] Read more
Govt Releases Norms for Tariff-Based Bidding Process for RE Power with Storage Updated On Tue, Jun 13th, 2023 by Saurenergy The Ministry of Power recently released a set of guidelines for a tariff-based competitive bidding process for procuring firm and dispatchable power from grid-connected renewable energy power projects with energy storage systems. The document defined renewable power as solar generating systems, wind energy generating systems, or a combination of both, with Energy Storage Systems (ESS). It also […] Read more
Duke Energy in $2.8 Billion Deal with Brookfield Renewable for Commercial Renewables Business Updated On Tue, Jun 13th, 2023 by Saurenergy A key US electricity distributor and generator, Duke Energy has announced reaching reached an agreement to sell its unregulated utility scale commercial renewables business to Brookfield Renewable for $2.8 billion. Brookfield is one of the world’s largest owners and operators of renewable power and climate transition assets. Duke Energy’s expected net proceeds from this transaction […] Read more
SJVN, Dhaani Renewables, Apraava Energy Among Winners of 1.2 GW SECI Tender Updated On Mon, Jun 12th, 2023 by Saurenergy State-owned entity SJVN Ltd arm SJVN Green Energy has won a 200 MW wind power project won through competitive bidding in a tender floated by Solar Energy Corporation of India (SECI). SJVN Green Energy won the full quoted capacity of a 200 MW wind power project at the rate of Rs 3.24 per unit. Apraava […] Read more
Trina Solar Aims To Use 100 RE Power In Global Manufacturing By 2030 Updated On Mon, Jun 12th, 2023 by Saurenergy Solar photovoltaic module solution and energy company Trina Solar has now vowed to use 100 percent renewable energy for its global manufacturing and operations by the end of 2030. The company has outlined its plan to go net-zero with its greener ambitions. The company said that it had expanded its sustainability efforts by implementing various […] Read more
