CERC Notifies Draft Regulations 2022 for Issuance of RECs Updated On Wed, Feb 23rd, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) has notified Draft Regulations, 2022, for the issuance of renewable energy certificates (RECs), which are aimed at developing the renewable power market. CERC has invited comments, suggestions, and objections from the relevant stakeholders and interested persons with respect to the Draft Regulations. The responses are to be sent on […] Read more
Siemens, Desert Technologies form ‘Capton Energy’ to develop solar projects Updated On Wed, Feb 23rd, 2022 by Saurenergy To provide a major boost to the ongoing energy transition, Saudi Arabia based solar power company Desert Technologies and Siemens have launched a joint venture (JV) called Capton Energy. The announcement has revealed that the novel joint venture will be jointly owned by financing arm of Siemens called Siemens Financial Services (SFS) and the Saudi Arabian company. […] Read more
Motive Energy to Soon Offer Solar Solutions, ESS and EV Charging Updated On Wed, Feb 23rd, 2022 by Saurenergy Motive Energy, a US-based forklift battery and charger supplier, has announced the expansion of its offerings to include Solar, Energy Storage Systems (ESS), and Electric Vehicle (EV) charging. Motive Energy is restructuring into two divisions: Power Solutions and Energy Solutions. The firm’s existing material handling offerings will form its Power Solutions division while it is […] Read more
400MW Floating Wind Farm Proposed off Northern Ireland Coast Updated On Wed, Feb 23rd, 2022 by Saurenergy Search for renewable sources of energy is gaining significant speed in Western Europe and Northern Ireland is on the forefront when it comes to capturing offshore wind energy. Possibilities of massive offshore floating wind farms, which are expected to attract investments of multi million pounds beyond the coasts of Northern Ireland, are being evaluated and […] Read more
Smarten Plans to Launch a Range of EV Chargers, Li-ion Batteries Updated On Tue, Feb 22nd, 2022 by Saurenergy Indian power backup manufacturer Smarten aims to disrupt the energy storage market with 100% localized products for B2B and B2C segments, the company has said. The brand plans to launch a range of innovative products, such as EV chargers, Lithium-ion batteries, etc., in the market this year, it stated. The company has a manufacturing facility […] Read more
Icra Predicts Strong Demand for Domestic Solar OEMs with Policy Support Updated On Tue, Feb 22nd, 2022 by Saurenergy Business prospects of domestic solar original equipment manufacturers (OEMs) will remain strong aided by several policy measures over medium-term, rating agency Icra said. As a result, many domestic OEMs have announced sizeable capital expenditure to augment the cell and module capacity, including the capex for integrated facilities under PLI scheme by the winning bidders. However, […] Read more
Azure picks Ecoppia for hybrid project of 400MW Updated On Tue, Feb 22nd, 2022 by Saurenergy Israeli based Ecoppia, a world leader in robotic cleaning solutions for photovoltaic solar, has announced a significant milestone in India, with the firm signing a ‘first ever’ hybrid project of 400MW with renewable developer Azure Power. This complex project, combined of two types of installations – fixed tilt and Single Axis Trackers (SAT), along with […] Read more
Indian Oil Says New Policy to Cut Green H2 Cost by 40-50% Updated On Mon, Feb 21st, 2022 by Saurenergy Largest Indian oil firm IOC will set up ‘green hydrogen’ plants at its Mathura and Panipat refineries by 2024 to replace carbon-emitting units as it sees the just announced green hydrogen policy as a watershed moment in the country’s energy transition that will help cut costs. SSV Ramakumar, Director for Research and Development at Indian […] Read more
Solis Signs Strategic Cooperation Agreement with C&D Clean Energy Updated On Mon, Feb 21st, 2022 by Saurenergy Leading Chinese string inverter manufacturer Solis, today signed an agreement with renewable energy supply chain service provider C&D Clean Energy to embark on a strategic cooperation for the global market. Both firms have pledged to cooperate closely on clean energy. This will include solar PV, energy storage, energy management, low-carbon energy saving solutions and enhancing […] Read more
