Amending Bidding Rules To Expedite RE Capacity Additions: RK Singh Updated On Tue, Jul 25th, 2023 by Saurenergy Union Minister for New and Renewable Energy RK Singh said that the MNRE ministry amended the rules relating to bidding for renewable projects. He also said that some other provisions of the bidding documents are being overhauled to give an impetus to adding more renewables to India’s energy mix. His statement came to the fore […] Read more
CERC Allows HPX To Introduce HP-DAM, HP-TAM & HP Contingency Updated On Tue, Jul 25th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest order, allowed a petition by the Hindustan Power Exchange (HPX) to introduce High Price (HP) Day-Ahead Market (DAM), HP-TAM (Term-Ahead Market) and HP Contingency. HPX is one of India’s three operational power exchanges besides IEX and PXIL. Earlier, the CERC had approved the pleas of IEX and […] Read more
GSC Terms G20 Energy Transitions Meet In India A ‘Missed Opportunity” Updated On Tue, Jul 25th, 2023 by Saurenergy The Washington DC registered Global Solar Council (GSC), has been left unimpressed by the lack of progress made at Goa, India in the G20 meetings under the Energy Transitions Working Group. Belying hopes of urgent action to deploy the renewable energy capacity needed to stay on a 1.5C pathway GSC claims that the outcomes of […] Read more
JSW Steel Eyes 25 MW RTC Renewable Energy, Green Hydrogen Updated On Tue, Jul 25th, 2023 by Saurenergy India’s largest steel conglomerate JSW Steel has set sights on sourcing green hydrogen from the 3,800-tonne hydrogen plant that is in being established at the Vijayanagar plant. The firm will provide green steel at a premium in a period of 18-24 months. The firm has joined hands with JSW Energy to get green hydrogen and […] Read more
Japan’s Proterial Develops Prototype EV Motor Without Neodymium Magnets Updated On Tue, Jul 25th, 2023 by Saurenergy Japanese metal maker Proterial has recently developed a prototype motor for electric vehicles that use magnets that do not contain the rare-earth metal neodymium. Neodymium magnets are the most common type of magnets currently employed in EV motors. However, this rare earth metal is chiefly sourced from China, because of which a stable procurement has […] Read more
Waaree Renewable Technologies Reports Revenue of INR 129 Cr in Q1FY24 with 35.7% Surge YoY Updated On Mon, Jul 24th, 2023 by Saurenergy Waaree Renewable Technologies Limited, the solar EPC subsidiary of Waaree Group and a solar developer that finances, constructs, owns and operates solar projects, has reported its unaudited financial results for the quarter ending June 30, 2023. In Rs Cr Q1FY24 Q1FY23 Y-o-Y Change Revenue 128.9 95.0 35.7% EBITDA 16.0 13.1 22.4% EBITDA Margin 12.4% 13.7% […] Read more
US Coalition of Green Orgs Call For Solartop On Canals Updated On Mon, Jul 24th, 2023 by Saurenergy A recent vision document was released by the coalition of environmental justice and conservation organizations in the USA. The document suggested placing solar panels over canals to generate power and to reduce evaporation. This, it claims would deliver reduce the loss in evaporation from drought caused by climate change. In addition to this, they launched […] Read more
As MoUs Worth Lakhs OF Crores Are Announced By PFC, REC, Hopes Rise Updated On Mon, Jul 24th, 2023 by Saurenergy Read more
Israeli Researchers Introduce AI-Designed Solar Panel Promising More Efficiency Updated On Mon, Jul 24th, 2023 by Saurenergy Researchers at the Bar-Ilan University near Tel Aviv have produced a solar panel consisting of 676 different materials that convert the sun’s energy into electricity. It is part of the new class of solar panels developed from AI-based materials science, which means that artificial intelligence (AI) designs the materials in the panels. The AI design […] Read more
