IEA World Energy Outlook 2023-Focus on Affordability, Developing Nations To Achieve Targets Updated On Wed, Oct 25th, 2023 by Saurenergy The International Energy Agency’s (IEA) Annual World Energy Outlook Report is out, and it does its best to paint an optimistic picture of the possibilities from energy demand and supply. Even as meeting the target of limiting global warming to 1.5°C from human activity looks increasingly difficult, which the report admits, it continues to provide […] Read more
We are looking at an expansion plan of 1 GW of TOPCon cell line: Surender Pal Singh, Premier Energies Updated On Mon, Oct 23rd, 2023 by Saurenergy Premier Energies has witnessed a remarkable journey of introducing the first solar panel assembly line with a 3 MW/year capacity, to setting up a fully-integrated 3.4 GW solar cell and module line. The firm is also capable of handling upcoming technologies of cells with larger sizes such as M10, M12 and Multi-Busbar cells. Surender Pal […] Read more
Slowly And Steadily, Battery Storage Builds Up To Make The Renewables Case Stronger Updated On Thu, Oct 19th, 2023 by Saurenergy The announcement by Plus Power LLC of $1.8 billion in new financing for standalone battery storage, including the largest single such project financing to date, to help stabilize the U.S. electrical grid while incorporating more solar and wind energy should be welcomed. The news comes at a time when detractors have been challenging the relevance […] Read more
Offshore Wind Could Generate 8% Of USA’s Electricity By 2050: NREL Updated On Tue, Oct 17th, 2023 by Saurenergy The NREL has released a report on, “Expanded Modelling Scenarios”. which helps to understand the role of offshore wind in decarbonizing the United States. The report estimates that 20% of regional power needs could be served alongside the Atlantic coast to support offshore wind farms by 2050. NREL is the U.S. Department of Energy’s primary […] Read more
GERC Allows Compensation To Juniper Energy For ‘Change Of Law’ Updated On Fri, Oct 13th, 2023 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC), in its latest judgement, allowed Juniper Green Sigma Pvt Ltd compensation for ‘change of law’ events. Juniper Green Sigma is a subsidiary of Juniper Green Energy. It has developed a 120-megawatt (MW) grid-connected solar plant in Gujarat to supply Gujarat Urja Vikas Nigam Limited (GUVNL). Juniper, in its petition before the […] Read more
Finnish Energy Tech Firm Capalo AI Raises Pre-Seed Funding Worth €500,000 Updated On Wed, Oct 11th, 2023 by Saurenergy Finnish energy tech startup Capalo AI has raised €500,000 in pre-seed funding. The funding round was led by Innovestor Tech Fund, with Inventure also participating. Capalo AI will use the funding to further develop its virtual power plant (VPP) and multi-market optimization AI, as well as scale up its team with talented mathematicians and cloud service professionals. With 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
ToD Tariff Mechanism: A Tool To Lower Electricity Bills While Managing Demand Updated On Fri, Oct 6th, 2023 by Saurenergy In a revision to Electricity (Rights of consumers) Rules, 2020, the Government introduced two changes to the electricity tariff system in June 2023. These changes are introduction of Time of Day (ToD) Tariff, and rationalization of smart metering provisions. As per the tariff system introduced, tariff during high-solar hours of the day should be 10%-20% […] Read more
Inverter Firm SOFAR Launches PV & ESS Innovations at REI 2023 Updated On Thu, Oct 5th, 2023 by Saurenergy SOFAR, a provider of all-scenario PV & ESS solutions, drew attention by showcasing its solar and storage solutions at Renewable Energy India (REI), held at Greater Noida from October 4 to 6. New Inverter Launched Currently, utility segment contributes to the major growth of the Indian RE industry. The firm unveiled its 350kW inverter PowerMega […] Read more
