Solar the Star In Volatile Australian Electricity Market Updated On Mon, Oct 23rd, 2023 by Saurenergy As per a release from Rystad Energy Research, Australia’s power market has emerged as the most volatile in the world as unexpected losses of supply from unplanned coal generation outages and transmission line issues related to natural disasters lead to huge price fluctuations. However, in all these, solar has emerged as the star, helping keep […] Read more
To Boost Efficiency, India Launches Star Ratings Of Solar Panels Updated On Fri, Oct 20th, 2023 by Saurenergy Union Minister for Power and New and Renewable Energy RK Singh today launched a star rating programme for solar panels. The minister said the ratings would be voluntary for the module makers for the first year. However, this will be made mandatory in the next few years after scrutiny of the ministry. “We want to empower the […] Read more
Tata Steel Limited Eyes 26% Stake in Tata Power Arm Updated On Fri, Oct 20th, 2023 by Saurenergy Steelmaking firm Tata Steel Limited (TSL) has joined hands with Tata Power Renewable Energy Limited (TPREL) and TP Vardhaman Surya Ltd. (TPVSL). Under this agreement, TSL seeks to acquire 26% in TPVSL, currently a wholly owned subsidiary of TPREL. As per the agreement, TSL will also execute a fixed-tariff long-term agreement with TPVSL to source […] Read more
Opdenergy Seals Finance for Solar Projects Totalling 260 MWDC Updated On Thu, Oct 19th, 2023 by Saurenergy Opdenergy, an independent renewable energy producer, has sealed a $252 million project financing package for two solar projects in the United States. The first solar project, Blake, located in Jefferson County, West Virginia, has an installed capacity of 100 MWDC. The second solar project Elizabeth, located in Allen Parish, Louisiana, has an installed capacity of […] 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
Volvo Signs Up 1 GW Offshore Wind Project to Power Ops in Sweden Updated On Wed, Oct 18th, 2023 by Saurenergy Sweden-based renewable energy developer Eolus Vind AB has entered into an agreement with Volvo Car AB, under which, Eolus will supply energy to the carmaker from its 1 GW Vastvind offshore wind project. The plant, located off the coast of Gothenburg, will power Volvo’s Torslanda factory in western Sweden. The said project includes a battery […] Read more
NLCIL’s Andaman Solar Plant With BESS To Offer Power At Rs 6.99/unit Updated On Wed, Oct 18th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment, approved the levelized tariff of Rs 6.99 per unit for NLCIL’s 20 MW solar power plant with a battery energy storage system (BESS) at Andaman. It contrasts the demand of Rs 7,434 per unit by NLC India Limited (NLCIL), which commissioned the project. The company had set […] Read more
TPREL Arm to Build 12.5 MW Captive Solar Plant in Maharashtra Updated On Tue, Oct 17th, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a renewable energy player and a subsidiary of The Tata Power Company Limited, has signed a Power Delivery Agreement (PDA) with Endurance Technologies Limited, an auto component manufacturer, through a special purpose vehicle (SPV) TP Green Nature Limited. The firm will develop a 12.5 MW AC captive solar plant. […] Read more
Critical To bring Quality Standards Within The Solar Energy National Ecosystem Updated On Mon, Oct 16th, 2023 by Saurenergy India’s commitment to achieving net-zero status by 2070, along with its pursuit of a greener transition, underscores the critical significance of solar power within portfolio of renewable energy. In a nation where approximately 5 billion GWh of energy is incident per year, with many regions receiving between 4 to 7 kWh per square meter daily, […] Read more