22 States Issued Green Open Access Regulations, Parliament Told Updated On Mon, Dec 16th, 2024 by Saurenergy The Green Energy Open Access (GEOA) Rule, 2022, aimed at ensuring access to affordable, reliable, sustainable, and green energy for all, was notified on June 6, 2022. The GEOA has now expanded its footprint across 22 states, according to recent data shared by the Minister of State for New and Renewable Energy, Shripad Yesso Naik, […] Read more
US Election May Lead To Hike In BESS Costs By 10%: Report Updated On Fri, Dec 13th, 2024 by Saurenergy The latest Wood Mackenzie report shared an update on the United States (US) storage market, which installed 3.8 GW of storage capacity in Q3 2024, reflecting an 80% increase compared to Q3 2023. Among the energy storage mix, the US deployed 3,431 MW/9,188 MWh in the grid-scale segment, marking the largest capacity installation in Q3. […] Read more
Shakti Pumps Receives Empanelment Letter From MSEDCL For 25,000 Pumps Updated On Thu, Dec 12th, 2024 by Saurenergy Indian solar pump manufacturer Shakti Pumps (India) Limited (SPIL) today announced receiving a Letter of Empanelment from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 25,000 Standalone Off-Grid solar pumps. This was meant for Solar Photovoltaic Water Pumping Systems (SPWPS) pumps collectively worth Rs. 754.30 Crores (inclusive of GST) for the entire state of […] Read more
Andhra Pradesh EV Policy Boosts Private Investment In EV Manufacturing Updated On Thu, Dec 12th, 2024 by Saurenergy To transform Andhra Pradesh into an electric vehicle (EV) manufacturing hub, the state recently announced its Andhra Pradesh Sustainable Electric Mobility Policy (2024-29). This policy will be in effect for the next five years, promoting quality infrastructure through private investments, fostering urban mobility growth, and reducing transport-sector emissions to achieve carbon neutrality by 2047. The […] Read more
News In Brief Dec 11: CATL in Spain, Husk Power, EVLO’s First BESS Updated On Wed, Dec 11th, 2024 by Saurenergy Stellantis And CATL to Invest Up to €4.1 Billion in Joint Venture for Large-Scale LFP Battery Plant in Spain Stellantis, the maker of the iconic JEEP, and CATL recently reached an agreement to invest up to €4.1 billion to form a joint venture that will build a large-scale European lithium iron phosphate (LFP) battery plant […] Read more
Google Backs Clean Energy Firm To Power AI Data Center Expansion Updated On Wed, Dec 11th, 2024 by Saurenergy US-based clean energy company, Intersect Power recently partnered with Google and TPG Rise Climate (TPG) to provide renewable power and storage solutions to new data centers. This partnership is designed to deliver gigawatts of new data center capacity across the US with Intersect Power catalyzing a targeted $20 billion in renewable power infrastructure investment by […] Read more
90% Surge In Installations After Green Energy Open Access: IEEFA Updated On Wed, Dec 11th, 2024 by Saurenergy A new report claims that regulatory clarity on green energy open access led to an upsurge in annual renewable energy installations. The Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics prepared the report. The report said that the Green Energy Open Access Rules (GEOA) 2022 aided in creating new installation […] Read more
NTPC REL Issues Tender With BoS Package For 1.2 GW Solar Project At Khavda RE Park Updated On Mon, Dec 9th, 2024 by Saurenergy NTPC Renewable Energy Limited (NTPC-REL), a subsidiary of NTPC issued a tender for a 1.2 GW solar project comprising four blocks of 300 MW at its Khavda Renewable Energy Park in the South Block of the Rann of Kutch, Gujarat. The tender seeks bids for a Balance of System (BoS) package to develop the project, […] Read more
Global Non-Chinese Inverter Firms Seek Protection Against Chinese Dominance Updated On Mon, Dec 9th, 2024 by Saurenergy China’s solar demand doubled in 2023, driving significant growth in PV inverter supply. Similar to the solar PV sector, Chinese inverter manufacturers are emerging as the dominant force in the global inverter market, accounting for over half of global shipments. Since 2022, the top 5 ranks in the global inverter shipments have also been taken […] Read more