ENEL To Add 43 GW OF Solar By 2030 In Larger Renewables Plan For 2030 Updated On Thu, Nov 25th, 2021 by Saurenergy Italian power and gas utility Enel has announced plans to invest €70 billion (US$78 billion) by 2030 across regions to scale up its renewables and energy storage portfolio. The move, announced yesterday (Nov 24) marks an effort by the energy major to bring forward its net zero plans to 2040. The company’s earlier net zero […] Read more
State Regulator Signs Off on 600MW Solar Projects in Ohio Updated On Tue, Nov 23rd, 2021 by Saurenergy State regulators on Thursday signed off on four solar farms for Ohio, U.S., including one planned for Union County and another in Marion County, as the rush to build solar projects in the state continues. The four projects bring to 18 the number of solar farms to be approved this year by the Ohio Power […] Read more
Developers Should Be Protected From Abrupt Regulatory Changes Updated On Tue, Nov 23rd, 2021 by Saurenergy Intro: Amid all excitement around the ambitious goals set by PM Modi for the energy market in India, solar firms like Amplus Solar also raise apprehensions about a need for regulatory stability and certainty. These they feel are the key asks, for enabling more investments to flow into the country and, also in ensuring viability […] Read more
Top 3 Transcontinental Solar Energy Transmission Projects Updated On Tue, Nov 23rd, 2021 by Saurenergy Back in October 2018, when Prime Minister Narendra Modi first articulated the idea of One World One Sun One Grid (OWOSOG), perhaps even he wouldn’t have expected the progress the idea has made since. Besides being announced formally as an objective at the COP 26 meet recently, the idea of OWOSOG has made enough progress […] Read more
An Ancillary Services Market Will Be Key To Integration of 450 GW of Renewables By 2030 Updated On Sat, Nov 20th, 2021 by Saurenergy A new study, Electricity market design for efficient procurement of ancillary services in India to address changing system needs, by Wartsila and KPMG makes the case for power market reforms in India using power system simulation models. The study demonstrates that some of the renewable rich states in India could immensely benefit by adding more flexible generation […] Read more
Renew Energy Concall. Sumant Sinha Sees 25 GW Corporate PPA Market In India Updated On Fri, Nov 19th, 2021 by Saurenergy Renew Power, or its new listed avatar, Renew Energy Global (RNW) hosted its first earnings call after its Q2 results yesterday. Presenting at the call were Sumant Sinha – Founder, Chairman, and CEO and D Muthukumaran – CFO. Capacity Additions On Schedule For Renew, which has positioned itself as the leading renewable energy firm from India, it […] Read more
Global Energy Storage Market Set to Hit 1 TWh by 2030: BNEF Updated On Thu, Nov 18th, 2021 by Saurenergy Energy storage installations around the world will reach a cumulative 358 gigawatts/1,028 gigawatt-hours by the end of 2030, more than twenty times larger than the 17 gigawatts/34 gigawatt-hours online at the end of 2020, according to the latest forecast from research company BloombergNEF (BNEF). This boom in stationary energy storage will require more than $262 […] Read more
KSERC Approval for 300 MW Solar Buy Exposes Multiple Challenges Facing SECI, Developers Updated On Wed, Nov 17th, 2021 by Saurenergy In an order dated November 15, 2021, the Kerala state electricity regulatory commission (KSERC) finally allowed the state discom, Kerala State Electricity Board (KSEB) to procure 300 MW of Solar power from SECI from its tranche IX solar tenders, at a cost of Rs 2.44/kWh including trading commission. While many will see the order as […] Read more
Taiwanese Firm Delta Selected for DJSI “World Index” for 11th Yr in a Row Updated On Wed, Nov 17th, 2021 by Saurenergy Taiwanese electronics manufacturing company Delta Electronics has been selected for the DJSI World for the eleventh consecutive year and the DJSI-Emerging Markets for the ninth consecutive year in the evaluation of the 2021 Dow Jones Sustainability Indices (DJSI), an indicator of global corporate competitiveness, said the firm in its latest statement. “This year, Delta achieved […] Read more
