Investment In Renewable Energy Matches Fossil Fuels in 2022 For First Time – BNEF Updated On Tue, Jan 31st, 2023 by Saurenergy Investments in the renewable energy sector continue to power the energy transition underway, away from fossil fuels. As per a Bloomberg NEF (BNEF) report called ‘Energy Transition Investment Trends 2023’, for the first time, global investment in low-carbon energy technologies worldwide was roughly equivalent to amount invested in fossil fuels. The amount of investment in […] Read more
Sungrow Launches Its Latest Residential Solar-Storage-EV Charging Solution Updated On Tue, Jan 31st, 2023 by Saurenergy Global inverter and energy storage system solution supplier Sungrow has launched its latest integrated solution for ‘residential solar-storage-EV charging’ at the InterSolution 2023 that is being held in Belgium. Sungrow also showcased its new commercial inverter SG125CX together with the utility solution 1500V string inverter SG350HX for Benelux in Belgium to help the region achieve […] Read more
Government Extends Deadline For Pending Solar And Solar Wind Hybrid Projects Updated On Mon, Jan 30th, 2023 by Saurenergy In an official letter addressed to management at SECI, NTPC and NHPC, the Ministery of New and Renewable Energy (MNRE) has extended the deadline up to March 2024 for under implementation solar and solar wind hybrid projects. the new deadline is applicable for project bids finalized before March 9,2021. As per the announcement made by […] Read more
The Top 5: Challenges to EV Growth in 2023 Updated On Thu, Jan 26th, 2023 by Saurenergy The calendar year 2022 turns out to be a significant year for electric vehicles (EVs) with sales hitting new highs globally and in India. According to data available at the VAHAN portal, EV sales grew from 3.2 lakh units in 2021 to nearly 10 lakh units in 2022, a growth of over 200 per cent. […] Read more
Study Says Clean Energy Transition Could Save India $19.5 Billion Annually By 2025 Updated On Wed, Jan 25th, 2023 by Saurenergy According to a recent study by Global Energy Monitor, India has the potential to save up to $19.5 billion annually by achieving its goal of adding 76 GW of utility-scale solar and wind power by 2025. India has been ranked among the top seven countries globally in terms of prospective renewable power, according to a […] Read more
Pexapark and AFRY launch Daily Valuation Curve For Renewable Projects Updated On Mon, Jan 23rd, 2023 by Saurenergy Switzerland based Pexapark has joined Sweden based AFRY management consulting to formally launch the ‘Daily Valuation Curve’, a new pricing data offering that will give investors and lenders greater certainty over the lifetime value of renewable energy projects. Announced in Q4 2022, the Daily Valuation Curve seamlessly combines Pexapark’s market-based price approach, used by 150+ […] Read more
2023’s Promise for Solar. Will India Rise To The Challenge? Updated On Mon, Jan 23rd, 2023 by Saurenergy Early into 2023, the ground is set for a momentous shift for solar. But first, the numbers. In the Jan-Dec period, figures from India’s Central Electricity Authority show that the country added 13956 MW of solar capacity, of which just over 11 GW was utility scale solar. This is by far the best ever performance […] Read more
Ministry of Home Affairs Issues Tender for 13 Off-Grid Solar Plants Updated On Wed, Jan 18th, 2023 by Saurenergy The Ministry of Home Affairs has issued a tender for the supply of 13 off-grid solar photovoltaic power plants. The solar power plants are to be set up in Central Armed Police Forces (Indo Tibetan Border Police). The date on which bids open is 23.01.2023 at 16.30 while the bid closes on 23.01.2023 at 16.00. […] Read more
Countries That India Can Seek Inspiration From For Renewable Investments Updated On Tue, Jan 17th, 2023 by Saurenergy India lost four ranks in the 59th edition of the Renewable Energy Country Attractiveness Index (RECAI). The South Asian Country was the seventh most attractive country for renewable energy investments, down from the third place it held earlier. In its 60th edition, India maintained its position. However, several other nations made steady progress on the […] Read more