US Continues To Push For Grid Resiliency With $250 Million Financing For Georgia Updated On Thu, Oct 19th, 2023 by Saurenergy The Georgia Environmental Finance Authority (GEFA) and application partners Oglethorpe Power, Georgia Transmission, Georgia System Operations and Green Power EMC have joined the U.S. Department of Energy (DOE) Secretary Jennifer Granholm to announce that the partners have been selected as a grant recipient in the DOE’s Grid Resilience and Innovation Partnerships (GRIP) Program. The GRIP […] Read more
Exeter Study Claims Solar ‘Tipping Point’, Challenges To Solar Growth Updated On Wed, Oct 18th, 2023 by Saurenergy Research from a team at the UK- based University of Exeter has come out with some provocative findings. The research claims that the world may have crossed a “tipping point” that will inevitably make solar power our main source of energy. The study, led by the University of Exeter and University College London, is part […] Read more
10% PV Installations Will Incorporate Storage Within a Decade: DNV Report Updated On Thu, Oct 12th, 2023 by Saurenergy DNV, an expert in assurance and risk management, has recently released its ‘Energy Transition Outlook, 2023’ report, focusing on the progress of solar photovoltaic (PV) technology. The report gives an overall trends stating that, in 2004 the annual solar installations were a modest 1 GW. However, by 2019, this figure skyrocketed to 100 GW despite […] Read more
143 Countries Are Net Importers of Fuels Globally: Report Updated On Thu, Oct 12th, 2023 by Saurenergy The United Nations Trade and Development (UNCTAD) in a conference recently unveiled a report on commodities and shared an update on its role in the development of emerging nations. This report sought to evaluate factors that bolster the adoption of eco-friendly industrial policies in developing countries reliant on commodities. It further expounds on UNCTAD’s mission, […] Read more
India Requires $350-400bn For Its Clean Energy Ambitions: Report Updated On Thu, Oct 12th, 2023 by Saurenergy A latest KPMG report said India would require around USD 350-400 billion annually by 2047 for its clean energy ambitions. The report was released recently under the presence of Union Minister Hardeep Singh Puri in New Delhi. The report said the need for high-speed and large-scale energy transition offered investment opportunities. It said climate change […] Read more
India Ratings Downgrades SWREL to Default Grade Updated On Wed, Oct 11th, 2023 by Saurenergy In a move that is likely to shock, if not surprise quite a few in the industry, India Ratings and Research (Ind-Ra) has downgraded Sterling and Wilson Renewable Energy Limited’s (SWREL) bank facilities’ ratings to ‘IND D’ from ‘IND BB-’ while resolving the Rating Watch with Negative Implications. According to India Ratings, the key […] Read more
Germany’s 1Komma5° To Set Up 5 GW TOPCon Plant Updated On Tue, Oct 10th, 2023 by Saurenergy Hamburg-based energy startup 1Komma5°, which prides itself on making modules using Made in Germany polysilicon, has announced plans for a 5 GW tunnel oxide passivated contact (TOPCon) module assembly plant in Germany.\ Founded in 2021, 1Komma5° successfully rolled out the first of its modules at the end of 2022. For its software application, 1Komma5° secured […] Read more
Shakti Pumps Bags First Solar Pump Order Under PM-KUSUM’s Component C Updated On Mon, Oct 9th, 2023 by Saurenergy Shakti Pumps, one of the largest Indian solar pumping companies and a prominent player in the renewable energy sector, has announced the receipt of its inaugural commercial order under the PM-KUSUM scheme Component-C from Ajmer Vidyut Vitran Nigam Limited for the total worth of INR 149.71 Crs. The win is a significant milestone as the […] Read more
Trendspotting at REI 2023 Updated On Mon, Oct 9th, 2023 by Saurenergy The much-awaited three-day Renewable Energy Expo held in October, as always, saw participation from all the major players in the Indian renewable energy sector. SaurEnergy’s roving team of reporters and colleagues fanned out to spot the big trends this year, and we have arrived at the following broad conclusions- Lower Presence of Foreign Firms Year […] Read more
