Author: Saur News Bureau

New Fund by TDK Ventures to Invest $150 Million in Green Energy

Tokyo based TDK Corporation subsidiary TDK Ventures is launching its third fund that totals $150 million in new capital to provide push mainly to energy transition. TDK Ventures said that its novel fund will target early-stage investments in energy transition, electrification, and decarbonisation in the USA and Europe. With the coming of the new fund, […]

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Masdar to Add 2 GW Solar & Wind, 500 MWh Storage in Uzbekistan

UAE’s flagship clean energy firm Masdar has inked a joint development agreement (JDA) with Uzbekistan’s Ministry of Energy (MoE) and the Ministry of Investments, Industry and Trade (MIIT) under which it will additionally develop more than 2-GW of solar and wind projects along with  500 MWh of battery energy storage in the country. The projects […]

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15 Solar Boats To Sail On Alappuzha Backwaters In Kerala

Just as solar-powered boats made their way into the Chilika Lake in Odisha on the eastern Indian coast, some western states now want to jump onto the bandwagon too. The latest development has come from Kerala, known for its numerous backwaters.  The Kerala Water Transport Department has planned to introduce electric boats in its backwaters. […]

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ACWA to Invest $120 Million in Uzbekistan Renewables Afresh

Saudi Arabia’s ace renewable energy developer ACWA Power has inked two key agreements at the EBRD 2023 Annual Meeting and Business Forum in Samarkand to advance Uzbekistan’s target to decarbonise 35% of its energy sector by 2030. In the first set of agreements with the chemicals company, Uzkimyosanoat of Uzbekistan, ACWA Power will decarbonise the […]

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Navitas Solar Eyes Expansion Through Partnership with Redington Solar

Navitas Solar, a module manufacturing firm with a capacity of 500 MW p.a., has partnered with Redington Limited (NSE: REDINGTON), a technology solutions provider, for the distribution of solar products across India. The partnership between the two firms will help accelerate the adoption of solar power by businesses and retail segments across the country. Navitas […]

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NTPC Reports Highest Ever Annual Generation, 32% Surge In Income In FY23

The National Thermal Power Corporation of India (NTPC) today announced its Q4 and FY23 Financial Results. The leading power generator of the country claimed that during FY23, it reported the highest-ever annual generation of 399 Billion Units (BU) compared to 361 BU in FY22, registering a growth of around 11 percent.  The audited results of […]

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GoodWe’s Adds Successful Residential Solar Installation for a Premium Township in Vapi, Gujarat

Vapi, located in Valsad district of Gujarat that borders Maharashtra is providing a strong market opportunity as well as validation for leading solar equipment makers like GoodWe. At a recent site visit, the SaurEnergy team witnessed the impact first hand at a premium township in the town, Avadh Utopia. Not only have multiple residents of […]

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J&K Offers Mega Subsidies On Solar Panels, Solar Pumps

Jammu and Kashmir Chief Secretary Arun Kumar Mehta, in his latest announcement, said that the power consumers wishing to install rooftop solar in the state would get a 65 percent subsidy from the government. In comparison, those opting for solar-powered pumps would get up to 80 percent subsidy. With the latest move, the deployment of […]

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