Author: Saur News Bureau

Hungarian Energy Storage Scheme Worth €1.1 Billion Receives European Commission Approval

The European Commission has approved a Hungarian scheme worth €1.1 billion, designed to bolster the country’s shift towards a carbon-neutral economy by supporting the establishment of energy storage facilities with a capacity of at least 800 MW/1600 MWh. The scheme aims at enhancing the flexibility of the Hungarian electricity system by supporting storage investments to […]

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Sachin Jain Assumes the Role of Chief Executive Officer at Cleantech Solar Group

Cleantech Solar Group, a provider of renewable energy solutions to corporations in India and Southeast Asia, has announced the appointment of Sachin Jain as its Chief Executive Officer (CEO), with effect from 23rd June, 2023. Sachin will be taking over from Raju Shukla, who founded the company in 2015 and has been serving as its […]

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Gujarat Proposes New Generic Tariffs For Waste-To-Energy Plants

The Gujarat Electricity Regulatory Commission (GERC) has floated a discussion paper to determine the state’s generic tariff for waste-to-energy plants. It has asked the stakeholder and the public to send their suggestions and objections to the Commission by the end of July 5.  On November 10, 2016, the Commission issued the Generic Tariff order for procurement of […]

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Uber Flagship EV Product Uber Green Rolled Out at Mumbai Airport

Travel aggregator Uber Technologies has presented its flagship electric vehicle (EV) Uber Green in the city of Mumbai. Last month, the firm had made known its plans to make an addition of 25,000 electric cars to its platform. Towards this, it had forged partnerships with Lithium, Everest and Moove- firms that provide fleet. Uber said, […]

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Govt Amends RE Bundling Norms, Allows Joint Ventures

The Ministry of Power has issued a notification to amend some portions of the scheme for bundling renewable energy with thermal/hydropower energy. The new changes are related to allowing joint ventures (JVs) to set up renewable energy plants for the purpose and about the location of such plants. The ministry said that the new changes […]

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Fichtner Consulting Engineers Wins APDCL Contract for 1 GW Solar Project

Fichtner Consulting Engineers has bagged a consultancy contract awarded by APDCL (Assam Power Distribution Company) through competitive bidding. The firm will be responsible for coming up with a detailed project report for a 1 GW grid-connected solar project to be established in Assam in Karbi Anglong area. The Asian Development Bank will provide funding for the […]

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SKF Signs VPPA with Enel to Power One-Third of its European Operations

A firm that delves into industrial sustainability, SKF has signed a Virtual Power Purchase Agreement (VPPA) with Enel. The long-term agreement, forged with global energy company Enel, will enable SKF to purchase guarantees of origin from Enel’s forthcoming solar project in Spain over 15 years. The purchased guarantees of origin will match the electricity consumption […]

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