ReNew Power Announces Adding 700 MW; Portfolio Jumps to 12.8 GW Updated On Fri, Jun 3rd, 2022 by Saurenergy Renewably energy player ReNew Power has announced that it has signed definitive agreements to acquire an operating wind and solar portfolio of about 528 MW. The green power capacity comprises 471 MW of wind and 56 MW of solar assets. ReNew Power has also signed a power purchase agreement (PPA) with Maharashtra’s MSEDCL for a […] Read more
SECI Extends Commissioning Date For UPC backed Masaya Solar Project Updated On Fri, Jun 3rd, 2022 by Saurenergy The Central Electrical Regulatory Commission ordered petitioner Masaya Solar Energy Private Limited on May 30 to withdraw its petition when Solar Energy Corporation of India Ltd (SECI) submitted before the CERC the rescheduled commissioning of a project as prayed by the petitioner. A bench of three judges under chairmanship of IS Jha heard the matter. […] Read more
Fresh Highs In Renewable Power Generation Supported India During Coal Crisis Updated On Thu, Jun 2nd, 2022 by Saurenergy As India faced the worst power cuts in the last six years in April, 2022, the data released by the Central Government shows that there was record renewable energy production in the country which reduced the dependence on the coal and also helped the rise in the coal inventories. This happened even when there was […] Read more
Renewable Power Capital buys 528 MW wind farms for €800 million Updated On Thu, Jun 2nd, 2022 by Saurenergy UK based Renewable energy player Renewable Power Capital (RPC) has announced that it has acquired a cluster of wind energy projects with a combined capacity of 528-MW located in the Kramfors and Solleftea municipalities of Sweden for a value of €800 million. This includes the acquisition of the projects and the commitment of the capital required […] Read more
One In Every Two EVs Sold Will Have Electric Powertrain By 2030 Updated On Thu, Jun 2nd, 2022 by Saurenergy Electric vehicles are gaining share so fast in China that one in every two cars sold will have an electric powertrain by 2030. The EV sales in China are projected to cross six million units by the end of this year. India is aiming to have 30 per cent of its passenger vehicle sales as […] Read more
KSEB Moves Kerala Regulator To Shift From Net To Gross Metering For Solar Prosumers Updated On Wed, Jun 1st, 2022 by Saurenergy The Kerala State Electricity Board (KSEB) has moved the Kerala State Electricity Regulatory Commission to approve of amendment to the rules of metering and billing against the consumers not only generating solar and wind power more than 500 kilowatts a month but also receiving the supply of power from KSEB. In doing so, KSEB would […] Read more
US To Add 2.2 GW OF Solar, Wind Energy Every Month For Next 3 Years Updated On Wed, Jun 1st, 2022 by Saurenergy In a sign of the steady and sure progress being made by renewables, the federal Energy Regulatory Commission (FERC) in the US has estimated that over 97% of the new generation capacity added in the US in the first quarter of 2022 was solar and wind energy. However, in terms of generation, the two added […] Read more
Research Firm Predicts Thin Film Solar Cell Market To Reach $25.3 Billion by 2030 Updated On Wed, Jun 1st, 2022 by Saurenergy Research firm Allied Market Research has signaled bright times for thin film solar manufacturers with a CAGR (Compounded Annual growth rate) of 8.4% predicted for the period upto 2030. Increasing electricity prices, reduced dependence on foreign oil and fossil fuels, and the storage and later usage of power will drive the growth of the global […] Read more
Fraunhofer Researchers Develop the World’s Most Efficient Solar Cell Updated On Wed, Jun 1st, 2022 by Saurenergy Researchers at the Germany based Fraunhofer Institute for Solar Energy Systems ISE, using a new antireflection coating, claimed on May 30 to have successfully developed the most efficient solar cell of the world. Presenting the results at the 2nd International tandem PV Workshop in Germany, the researchers claimed to have increased the efficiency of the […] Read more