Wind Energy Generation to Surge 4-5 Times on Policy Tailwinds: CRISIL Report Updated On Wed, Mar 22nd, 2023 by Saurenergy According to a report by CRISIL, the Ministry of New and Renewable Energy has introduced positive policy changes that could lead to a 6–8 GW annual increase in wind capacity starting in fiscal 2026. This would be four times the growth of 1.6 GW seen in the past five fiscal years, which was driven by […] Read more
The Case For PV With Energy Storage Systems Updated On Wed, Mar 22nd, 2023 by Saurenergy Background PV systems have become a reliable source of clean energy by utilizing energy storage units. In many countries and regions, PV + storage systems have become the preferred source of energy for a variety of reasons. What are the main structures of PV + energy storage systems? What are their benefits? This Solis workshop […] Read more
Canadian Solar Reports Net Income of $240 Million, Module Sale of 21.1 GW in 2022 Updated On Wed, Mar 22nd, 2023 by Saurenergy Global solar manufacturer Canadian Solar Inc. has announced its financial results for the fourth quarter and full year ended December 31, 2022. With regards to the fourth quarter of 2022, Canadian Solar said that it witnessed a 68% increase in solar module shipments year-over-year to 6.4 GW which was above guidance range of 6 GW […] Read more
Mercedes to Invest on Large Scale in Electric Vehicle Plants Updated On Mon, Mar 20th, 2023 by Saurenergy German automotive giant Mercedes has said that it is setting sights on investing billions of dollars towards the modernisation of its electric vehicle plants in China, Germany and Hungary. In order to cut emissions, the automaker will be shifting to electric vehicles. The European Union will be looking to cut down CO2 emissions per passenger […] Read more
SECI Re-issues Tender for 100 MW Floating Solar at Getalsud Dam, Ranchi Updated On Thu, Mar 16th, 2023 by Saurenergy SECI has invited bids for the Design, Engineering, Supply, Construction, Erection, Testing & Commissioning of 100 MW (AC) floating solar PV project having 10 years plant O&M at Getalsud Dam, Ranchi, Jharkhand. It’s a global tender. The SECI tender says that the last date for bid submission has been kept on May 2, 2023 and […] Read more
Electronics hardware Principal Technical Expert Updated On Thu, Mar 16th, 2023 by Saurenergy Deep decarbonization of electricity generation together with the electrification of several end-use applications is necessary to address the climate crisis. Energy Storage Systems (ESS), such as batteries, are a key enabler for deep decarbonization to balance supply and demand. Schneider Electric’s Energy Storage Center of Excellence enables deep decarbonization through the development of innovative energy […] Read more
Europe’s Solar Energy Surge: A Promising Solution Or Just A Palliative? Updated On Thu, Mar 16th, 2023 by Saurenergy Europe is in the middle of its biggest ever solar build out currently, as it seeks to build more solar capacity for every reason from more energy security to clean energy. But can solar deliver for Europe? Is it the panacea to energy security in the long term? Or is it doomed to over promise […] Read more
SOLARCYCLE Raises $30 Million for Advanced Recycling Updated On Thu, Mar 16th, 2023 by Saurenergy Texas-based recycling start-up SOLARCYCLE that produces sustainable materials at scale for the solar industry, has raised $30 million in Series A funding. Now the total funding stands at $37 million since its inception a year ago. SOLARCYCLE said that the funds, consisting of both company equity and infrastructure financing, will be used to scale its […] Read more
Power Minister R.K. Singh Updates Parliament On Progress With India’s Energy Transition Updated On Wed, Mar 15th, 2023 by Saurenergy Union Minister of Renewable Energy & Power R.K. Singh made a slew of announcements in the Rajya Sabha yesterday, shining the light on the progress made in renewable energy in the country. Here is a look at some important of the relevant news related to renewables. Renewable Energy Installed As on 31.01.2023, the cumulative installed […] Read more