ACME Solar Set To Bring Its Maiden Wind Project Soon Updated On Mon, Dec 2nd, 2024 by Saurenergy ACME Solar, a renewable energy project developer, is transitioning beyond its solar-focused roots. The company is gearing up to commission its first-ever wind energy project, marking a significant step in its diversification journey. In a recent investors’ call, the company’s top management shared insights into its evolving strategy and plans for the future. Transition to […] Read more
5 PPA Models Shaping Renewable Energy Procurement in US & Europe Updated On Wed, Nov 27th, 2024 by Saurenergy As renewable energy becomes a larger part of power grids across the globe, challenges like negative prices and reduced value for standalone profiles, particularly solar, are emerging, particularly in developed power markets. Market participants generally agree that the risk of negative prices will likely get worse before it improves. Innovative Power Purchase Agreements, or PPA […] Read more
Supply Chain A Major Hinderance To APAC’s Wind Projects: GWEC Updated On Mon, Nov 25th, 2024 by Saurenergy Offshore wind is grappling with supply chain challenges, particularly in accessing onshore wind nacelles. A GWEC report found that China is the dominant supplier in the Asian Pacific (APAC) region. According to Global Wind Energy (GWEC), China holds an 85% Onshore market share, India and South Korea’s nacelle capacity is focused solely on onshore projects, […] Read more
News In Brief Nov 25: Sungrow Partners with Zenith Energy, HG Infra Secures BESS Contract, Ecoprogetti Delivers Solar Panels To SAEL Updated On Mon, Nov 25th, 2024 by Saurenergy Sungrow Partners with Zenith Energy to Power Australia’s Largest Off-Grid Hybrid Project Sungrow, a PV inverter and energy storage system provider, recently developed Australia’s off-grid hybrid renewable energy system in the Kathleen Valley Operation. Developed in collaboration with Zenith Energy and Liontown Resources, this initiative sets a new precedent for integrating renewable energy solutions in […] Read more
Meta, Google Lead The Chart In Renewable Energy Use: SEIA Updated On Thu, Nov 21st, 2024 by Saurenergy Corporate companies in the recent past have relied on renewable energy to meet their growing energy needs. In fulfilling its needs, US corporations have derived 18% of energy from solar. The report said that 20% of all installations in 2023 saw corporate offtake driving renewable energy demand in the country. The Solar Energy Industry Association […] Read more
Regime Change Can Shift US Net-Zero Energy: Wood Mackenzie Updated On Wed, Nov 20th, 2024 by Saurenergy Republican control in the United States (US) will move energy policy away from net zero targets, but President-elect Trump’s full agenda will face political and market opposition according to a Wood Mackenzie analysis. The US is likely in store for lighter standards on emissions regulations, more protectionist trade policies, and removing the US from the […] Read more
The Top 5: Largest Commissioned Wind Farms in the World Updated On Wed, Nov 20th, 2024 by Saurenergy The global wind industry installed 10.8 GW of new offshore wind capacity in 2023. This increased the global total to 75.2 GW of capacities. This growth came despite macroeconomic challenges in key markets. The commissioning of several large-scale wind energy farms worldwide highlights the impact of increasing policy momentum, which is driving the expansion of […] Read more
AMPIN Energy, CIP Partner To Create $3 Bn RE Asset Base In India Updated On Tue, Nov 19th, 2024 by Saurenergy AMPIN Energy Transition, and Copenhagen Infrastructure (CIP) have announced a second partnership to develop another ~2 GWp of renewable energy projects across India. This new investment in excess of USD 300 million would help create a renewable energy asset base of approx. USD 1.5 billion. This partnership follows the existing partnership that AMPIN and CIP […] Read more
ONGC, NTPC Green Enter JV To Build Offshore Wind Project In India Updated On Mon, Nov 18th, 2024 by Saurenergy ONGC NTPC Green Private Limited (ONGPL) was recently incorporated as a 50:50 joint venture between NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, and ONGC Green Limited (OGL), a wholly-owned subsidiary of Oil and Natural Gas Corporation Limited. The authorized share capital of ₹10 lakh has been subscribed to explore and set up […] Read more
