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
YoY Increase of 36% in Annual Solar Capacity Additions Needed to Meet NEP14’s FY ’27 Goal Updated On Tue, Oct 3rd, 2023 by Saurenergy EMBER India- an independent energy think tank, has released a report on solar adoption in Indian states. The report findings are as follows NEP Targets The report indicates the need for states to increase their annual capacity addition by around 36% every year to meet NEP target for solar. The NEP14 outlines specific targets of […] Read more
Tale Of Two Solar Trailblazers-Greenlab Diamonds & Muni Seva Ashram Updated On Thu, Sep 28th, 2023 by Saurenergy Greenlab Diamonds and Muni Seva Ashram are two different entities working in entirely different sectors. While Surat-based Greenlab Diamonds is a company dealing with lab-grown diamonds, Muni Seva Ashram is an institution at Goraj in Vadodara, hosting a hospital, school and social institutions. However, both these Gujarat-based institutions have one thing in common-adoption of green […] Read more
Solar Power for EV Charging? Stop, Says German Bank Updated On Wed, Sep 27th, 2023 by Saurenergy Germany’s state owned KfW bank was caught on the wrong foot with the response to a solar subsidy plan for EVs. the plan, which sought to offer subsidies to users who opted to use solar power to charge their EVs, met with an overwhelming response on day 1, with 33,000 applications. That meant the funds […] Read more
Solar Power Costs Dipped 87% Globally In Last 10 Years: Study Updated On Tue, Sep 26th, 2023 by Saurenergy A recent report by the Mercator Research Institute on Global Commons and Climate Change claimed that the cost of electricity from solar power globally has fallen by 87 percent in the last 10 years. At the same time, the cost of battery storage plummeted by 85 percent during the same period. The recent innovation in […] Read more
O2 Power to Provide 10.65 MW Captive Solar Power to APM Terminals Updated On Mon, Sep 25th, 2023 by Saurenergy Independent Power Producer O2 Power has joined hands with Gateway Terminals India Private Limited (the Indian subsidiary of APM Terminals, one of the world’s leading terminal companies) to supply 10.65 MW worth of captive solar power from its plants in Maharashtra. The plant boasts capacity to produce 22 million kWh of electricity per year. It […] Read more
Indore’s Holkar Stadium Goes Green With Solar Power Updated On Mon, Sep 25th, 2023 by Saurenergy At the recent India versus Australia cricket match on 24 September, the Board of Control of Cricket in India (BCCI) shared the news on its recent initiative of installation of 376 solar panels at the Holkar Stadium at Indore in Madhya Pradesh. This was a part of the green initiative led by the Madhya Pradesh […] Read more
Haryana Issues Norms To Award Entities Opting For Solar Power Updated On Mon, Sep 25th, 2023 by Saurenergy The Haryana Renewable Energy Development Agency (HREDA) has now issued detailed guidelines to award institutions that use solar power or undertake energy efficiency measures to reduce carbon emissions. These awards have been planned for the industries and MSME sector having loads below 1 MW capacity and those above 1 MW capacity. The department has also planned these […] Read more
Enfinity Global Acquires 546-MW Of Solar Assets Updated On Fri, Sep 22nd, 2023 by Saurenergy American renewable energy conglomerate Enfinity Global has announced the acquisition of 546 MW of solar assets in Colorado. The solar assets are currently under development by CS Energy. As per the official statement issued by Enfinity Global, the acquisition portfolio consists of three solar projects developed in Colorado, an attractive solar market mandating 100% renewable […] Read more
