ReNew Signs MoU with RackBank to Power India’s First Hyper-scale Data Center Updated On Tue, Aug 3rd, 2021 by Saurenergy Gurgaon-headquartered renewable energy company, ReNew Power today announced the signing of a Memorandum of Understanding (MoU) with RackBank Datacenters Limited (RackBank) to provide power through 100% renewable energy. RackBank is a data center platform providing data center services including but not limited to dedicated servers, managed servers, and colocation services. ReNew will supply power generated […] Read more
The 7-Point Checklist Before You Finalize Your Rooftop Solar System Updated On Mon, Aug 2nd, 2021 by Saurenergy Solar power is still considered new in India. It was in 2010 when Government of India launched National Solar Mission (NSM) as a key initiatives with an aim to promote sustainable ecological growth while solving for country’s energy security. From 1.2 GW in 2012 to 40 GW in 2021, Solar Energy in India today is […] Read more
As Renew Solar Withdraws, 2 New Licences Issued for Power Trading Updated On Mon, Aug 2nd, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) has issued three new orders pertaining to trading licences, approving Renew Solar’s surrender of its ‘Category IV’ inter-state trading licence and granting new ‘Category V’ inter-state trading licences to energy firms Shubheksha Advisors and Reneurja Power. In 2017, Renew Solar Services Private Limited was granted licence for Category IV to […] Read more
Trade-led Solar PV Deployment Likely to Create 40 M Jobs by 2050: Study Updated On Mon, Aug 2nd, 2021 by Saurenergy A new joint report by International Renewable Energy Association (IRENA) and World Trade Organisation (WTO) examines how trade policies can support cost reductions, deployment of components & job creation in the solar PV sector. The report entitled “Trading into a Bright Energy Future: The Case for Open, High-quality Solar Photovoltaic Markets” finds, among other things, that trade-led solar […] Read more
Tata Power Tops CRISIL’s ESG Rankings Among Power Companies Updated On Thu, Jul 29th, 2021 by Saurenergy Tata Power, India’s largest integrated power company, has secured the highest score among its peers in the Indian Power sector in CRISIL’s, recently launched environmental, social and governance (ESG) scores. CRISIL, an S&P Global Company, is a provider of ratings, data, research, analytics, and solutions. By doing well on all ESG parameters viz. Environmental, Social […] Read more
India & Germany Partner to Promote Skill Development in Solar Sector Updated On Wed, Jul 28th, 2021 by Saurenergy Rajasthan Solar Association (RSA) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH have signed an agreement for skill development in the solar segment, according to media reports. RSA was set up under the Rajasthan Non-Trading Companies Act 1960 for the promotion of Indian solar power industry. RSA members include top international & national companies comprising […] Read more
Power Minister Highlights Steps Taken to Push 4000 MW Rooftop By 2022 Updated On Wed, Jul 28th, 2021 by Saurenergy Responding to a query in the Rajya Sabha, the Ministry of New and Renewable Energy is implementing Rooftop Solar Programme Phase II wherein grid connected RTS capacity aggregating 4000 MW by 2022 is targeted for installation in residential sector with provision of subsidy. For individual households, subsidy upto 40% of the benchmark cost is provided […] Read more
China Could Add 55-65 GW of Solar Capacity in 2021: China Solar Association Updated On Thu, Jul 22nd, 2021 by Saurenergy The Solar Manufacturing Association of China predicts that the country can add approximately 55 to 65 GWs of solar capacity in 2021. In a note on thursday, the association said that these additions could take total solar installations of China beyond 300 GW by the end of the year. However, the solar power installation reached […] Read more
GUVNL Revokes Subsidy to 4,000 Solar Projects of Around 2500 MWs Updated On Thu, Jul 22nd, 2021 by Saurenergy A wholly-owned state electricity regulation board in the state of Gujarat, Gujarat Ujrja Vikas Nigam Ltd. (GUVNL) has withdrawn subsidies to small-scale distributed solar projects, hitting about 4,000 projects with an aggregate capacity of around 2500 MW contracted capacity. The purchase price of power produced was fixed at Rs 2.83 per unit which was already […] Read more
