Lightsource bp to leverage Envision Digital’s AIoT platform for Net Zero Updated On Wed, Mar 23rd, 2022 by Saurenergy Major solar developer Lightsource bp has entered a multi-year, global partnership with Envision Digital International Pte Ltd, a Singapore-headquartered Artificial Intelligence and Internet of Things (AIoT) software company, to accelerate the growth and optimisation of solar power, in the fight against climate change. Lightsource bp is targeting the development of 25GW of solar power projects globally by […] Read more
Solis Signs Strategic Cooperation Agreement with C&D Clean Energy Updated On Mon, Feb 21st, 2022 by Saurenergy Leading Chinese string inverter manufacturer Solis, today signed an agreement with renewable energy supply chain service provider C&D Clean Energy to embark on a strategic cooperation for the global market. Both firms have pledged to cooperate closely on clean energy. This will include solar PV, energy storage, energy management, low-carbon energy saving solutions and enhancing […] Read more
Supply Chain Plus BCD Claims First Big Casualty, As Scatec, ACME Pause 900 MW Project Updated On Thu, Feb 3rd, 2022 by Saurenergy Supply chain bottlenecks and infrastructural gaps are hurting the renewables sector of the country badly. In a fresh development, Norway’s leading solar player Scatec and India’s ACME have declared that they are pausing their 900 MW solar power project in India for the moment. The project was worth $400 million and was coming up in […] Read more
Highlights from Economic Survey for RE Sector in 2021 Updated On Tue, Feb 1st, 2022 by Saurenergy The Economic Survey, which receded the annual budget of the government, is a widely anticipated document, seen more as a sort of white paper on what the government of the day considers its key achievements, and indications of the way ahead. To that extent, the latest Economic Survey document, all 442 pages of it in […] Read more
SECI Gets Rs 1000 Cr Infusion To Expand Investments Updated On Fri, Jan 28th, 2022 by Saurenergy The Solar Energy Corporation of India (SECI) has received an infusion of Rs 1000 crores from the Government of India to strengthen its balance sheet and undertake further investments in the renewable sector. As the key nodal agency for the sector, SECI plays an instrumental role in the tendering and award of renewable contracts across […] Read more
ICRA Predicts 16 GW Capacity Addition For RE In FY23 Updated On Tue, Jan 11th, 2022 by Saurenergy The outlook for the capacity addition in the renewable energy (RE) sector remains strong with a large project pipeline of over 55 GW and the highly competitive tariffs offered by these projects. The commitment to climate change goals announced by the Prime Minister at the recent COP26 summit, including increasing the non-fossil power capacity to […] Read more
ESS, SB Energy to Deploy 2 GWh Long-Duration Storage in US Updated On Mon, Oct 11th, 2021 by Saurenergy ESS, a U.S. manufacturer of long-duration batteries, has entered into a framework agreement with SB Energy, a wholly owned subsidiary of SoftBank Group Corp, to deploy two gigawatt-hours (2 GWh) of ESS batteries through 2026. The agreement demonstrates ESS and SB Energy’s shared commitment and vision of a global shift to renewables and decarbonization of […] Read more
No Relief For Greenyana At Aptel For Haryana Project Updated On Mon, Sep 27th, 2021 by Saurenergy Recently, the Appellate Tribunal for Electricity (APTEL) has dismissed Greenyana Solar’s plea against Haryana Electricity Regulatory Commission’s (HERC) order, which denied the solar developer’s plant at Kurangawali connectivity to the state’s grid. Greenyana is a subsidiary of Cleantech Solar. In 2018, Greenyana applied for connectivity to Haryana Vidyut Prasaran Nigam (HVPN) for its solar plant […] Read more
MNRE Notification Extends Deadline for PM KUSUM Component A Completion Updated On Tue, Aug 31st, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has published a notification extending the deadline for projects allotted under Component A of PM KUSUM scheme to March 31, 2022. Component A refers to ground mounted projects on barren/waste land owned by farmers or in rural areas, with an overall target of 10,000 MW of such […] Read more