Indian Renewable Energy Sector Has Potential For $10 Bn Investment in 2023 Updated On Tue, Dec 13th, 2022 by Saurenergy India could draw close to $10 billion in renewable energy investment in 2023, which would be a positive given that public markets are still mostly closed to large-scale capital raising, according to Bank of America Corp’s top management. As investors aim to reflect the energy transformation in their portfolios, deals and investments will continue to […] Read more
Solar EPC Firm KPI Green Energy Gets New Orders for 24.9 MW Projects Updated On Tue, Dec 13th, 2022 by Saurenergy KPI Green Energy – the solar vertical of Gujarat based KP Group – has announced that the company has received new orders for the development of solar power projects under the captive power producer (CPP) segment from seven entities. The renewable energy company has informed that the aggregate capacity of the seven projects come to […] Read more
IIT Madras Installs a Wave Energy Generator Off the Coast of Tamil Nadu Updated On Thu, Dec 8th, 2022 by Saurenergy IIT Madras researchers asserted to have created an energy converter that can produce electricity from ocean waves. The second week of November saw the successful conclusion of the trials. The test was carried out in collaboration with the Motilal Nehru National Institute of Technology (MNNIT) Allahabad and the Andhra Pradesh-based firm Virya Paramita Energy (VPE). […] Read more
NREL Confirms Spike In Solar and Storage Costs In US Updated On Fri, Dec 2nd, 2022 by Saurenergy The National Renewable Energy Laboratory (NREL), the premier government entity tasked with tracking and projecting impact of technology changes in the renewables space, has come out with its annual benchmarking report on prices. And the findings are no surprise, to those who have been in the market. Using 2021 prices, NREL estimates that utility-scale PV […] Read more
DLL Floats Tender for Supply of Solar Inverters for Solar Plant, Port Blair Updated On Wed, Nov 30th, 2022 by Saurenergy Directorate of Lighthouses and Lightships has floated a tender for the supply of solar inverters for the solar power plant at North Point Light House Port Blair. The last date for submitting the online bid is December 15, 2022, till 03:00 pm. Bids will be opened on December 16, 2022, at 03:00 pm. This solar […] Read more
Free Solar Power Plant for 800 Houses in Kerala by KSEB Updated On Mon, Nov 28th, 2022 by Saurenergy In an announcement that might set a precedent for other Indian states to follow, the Kerala State Electricity Board (KSEB) will install rooftop solar power plants for 800 homes in Kerala. The breakup of this number will compose of 500 homes for the homeless as per the Life Mission Scheme. The remaining 300 will be […] Read more
APTEL Gives Nod for Time Extension to SPD VCarve Solar Among Others In Karnataka Updated On Mon, Nov 28th, 2022 by Saurenergy In a conflict between Vcarve Solar LLP versus Karnataka Electricity Regulatory Commission (KERC), Bangalore Electricity Supply Company Limited (BESS), APTEL has ruled in favour of the solar power developer. The apex regulator had bundled a number of similar petitions in the same judgement. The various solar power developers (SPDs) has challenged multiple orders passed by […] Read more
Solar Is Changing Fast, Here Are 5 Ways It Already Has Updated On Mon, Nov 28th, 2022 by Saurenergy When the Jawaharlal Nehru National Solar Mission was launched back in January 2010, India had a total installed solar capacity of around 160 MW. The mission itself had a target of 20 GW by 2022. However, changes on the ground in terms of technology, availability and fresh climate realities meant a wholesale upgrade on those […] Read more
RGreen Infuses EUR 250 million in Israel’s Econergy Renewable Updated On Mon, Nov 21st, 2022 by Saurenergy RGreen Invest, the French Asset Manager, has announced that it has taken its partnership with Israel-based Econergy Renewable Energy further with an additional EUR 87.5 million investment. In total, RGreen is investing EUR 250 million in Econergy. The additional capital will be invested in the form of equity that will help Econergy to swell its RE projects’ […] Read more