Adani Green Energy Subsidiary Commissions 150 MW Solar Project in Jaisalmer Updated On Mon, Oct 9th, 2023 by Saurenergy Adani Solar Energy Jaisalmer Two Private Limited, a wholly-owned stepdown subsidiary of Adani Green Energy Limited (AGEL) has progressively completed the commissioning of the entire 150 MW solar power project at Bikaner, Rajasthan as an Independent Power Producer (IPP) for sale of power to third parties or on power exchanges. The firm has a series […] Read more
Rajasthan Notifies Renewable Energy Policy: Solar Keeps Wind In Shadow Updated On Sat, Oct 7th, 2023 by Saurenergy This week has turned out to be an eventful when it comes to the renewable energy policy landscape with the two leading states in capacity additions- Gujarat and Rajasthan unveiling their Renewable Energy Policies. Ambitions The policy newly unveiled policy strives for 90 GW of solar capacity in the state by decade-end. It also eyes […] Read more
APAC to Invest US$3.3 Trillion in Power Generation Over Next Ten Years: Wood Mackenzie Updated On Fri, Oct 6th, 2023 by Saurenergy Wood Mackenzie, a global research and consultancy group forecasts an investment of US$3.3 trillion in power generation over the next ten years in Asia Pacific, with 49% earmarked for wind and solar, and 12% for energy storage. “The Asia Pacific region is critical to the power sector’s energy transition as it grows to over half […] Read more
US Could Usher Over 90 GW Wind Installations By 2028: US Wind Watch Updated On Fri, Oct 6th, 2023 by Saurenergy A latest study release entitled, the ‘US Wind Watch’, has been released by Wood Mackenzie and the American Clean Power Association. The report reflects on the surge in offshore wind projects, the revival of onshore markets, and the booming repowering sector. Estimates on Wind Installations The study estimates more than 90 GW of wind energy […] Read more
Bengaluru’s EV Infra Startup Bolt.Earth Rakes Up $20 Mn Funding Updated On Fri, Oct 6th, 2023 by Saurenergy EV infrastructure and software company Bolt.Earth has raised $20 million from Union Square Ventures, Prime Venture Partners and ITIGO Funds, among others. Union Square and Prime Venture Partners had already backed the Bengaluru-based startup during its Series A round of $4 million in September 2021. The company then rebranded itself from Revos to Bolt.Earth. The company said […] Read more
Australian Battery Recycling Start up Renewable Metals Scoops Up $8 Million Updated On Fri, Oct 6th, 2023 by Saurenergy Perth-based firm Renewable Metals has raised an AUD $8 million in funding from the Clean Energy Finance Corporation (CEFC), to scale up its battery recycling technology. Lithium ion battery recycling has been a focus area for many startups around the world, as the case is extremely strong on both environment and economic grounds, thanks to […] Read more
Rooftop, CPP & Hybrid Projects Take Precedence in Gujarat Renewable Energy Policy 2023 Updated On Thu, Oct 5th, 2023 by Saurenergy Gujarat Chief Minister Bhupendra Patel has released the Gujarat Renewable Energy Policy 2023. The Policy, whose operative period is upto 2028 or till notification of new policy (whichever is earlier), sets sights on achieving some big goals defined by the State and places a premium on solar-wind hybrid projects. Goals Chalked Out The State will […] Read more
Nextracker Primed For India Growth With 4.5 GW Order Book, 10 GW Capacity Updated On Tue, Oct 3rd, 2023 by Saurenergy US-based solar tracker leader Nextracker is set to ride the solar growth story in India, with its local manufacturing capacity up to 10 GW now. Spread across 13 factories across the country through its eleven contract manufacturing partners, the firm claims to have achieved 80% indigenization levels, giving it a strong advantage over global competitors. […] Read more
Mordor Intelligence Pegs 6.97% CAGR in 2023-28 for Distributed Solar Power Generation Updated On Tue, Oct 3rd, 2023 by Saurenergy A report release by Mordor Intelligence on distributed solar power generation market size forecasts that the market is expected to grow from USD 139.96 billion in 2023 to USD 196.03 billion. It is estimated that this growth is to be attained by 2028, at a CAGR of 6.97% during the forecast period (2023-2028). The report […] Read more