Draft Norms: MoP Proposes Timeline Of 66 Months For PSPs Updated On Fri, Aug 23rd, 2024 by Saurenergy The Ministry of Power (MoP) has now issued draft guidelines for the issuance of tenders related to Pumped Storage Projects (PSPs). The new proposed norms mandate that the on-river PSPs need to commence its operations after 66 months after the signing of the Power Purchase Agreement (PPA). For the off-river projects, the developers need to […] Read more
Winding Up: Global Offshore Wind Installations To Surpass 520 GW by 2040 Updated On Fri, Aug 23rd, 2024 by Saurenergy Global offshore wind projects are set to defy all predictions of doom and gloom, based on energy research firm Rystad’s Predictions. Offshore wind energy, which has been in the news in recent months for all the wrong reasons, be it inflationary pressures, supply chain disruptions, exemplified by postponed permitting processes, delayed auctions and slow supply […] Read more
Green Stocks Aug 22: Inox Wind Stands Tall On A Hard Day Updated On Thu, Aug 22nd, 2024 by Saurenergy Much as expected, at a time when the market is resting all time highs, the nervousness has spread to our green energy pack as well. Just three stocks out of 12 in our list managed to stay in the green, namely, Shakti Pumps, Inox Wind and KPI Green Energy. Even these three will have to […] Read more
Hindustan Zinc, JNCASR Collaborate For Zinc-Based Batteries Updated On Thu, Aug 22nd, 2024 by Saurenergy Hindustan Zinc Limited, one of India’s leading integrated zinc producer, has signed a Memorandum of Understanding (MoU) with Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), an institute sponsored by the Department of Science and Technology. This collaboration aims to develop new variants of zinc materials to propel the commercialization of zinc-based batteries. “At present, […] Read more
UPNEDA Amends Tender For Solar-Based Water Kiosks Updated On Thu, Aug 22nd, 2024 by Saurenergy The Uttar Pradesh New and Renewable Development Agency (UPNEDA) has now amended its earlier tender, seeking developers for solar-based drinking water kiosks. The new corrigendum issued by the state nodal agency attempts to amend the clause related to the eligibility of the bidders. The earlier tender document had mandated that the bidders must have installed […] Read more
After Dip In EV Sales, Tata Motors Pins Hopes On FAME-III For Revival Updated On Thu, Aug 22nd, 2024 by Saurenergy After facing a dip in the sales of Electric Vehicles (EVs) in Q1FY25, Tata Motors has pinned hopes on the rollout of the FAME-III scheme for the revival of its electric vehicle business. The top management of the company said that the fleet segment of its EVs which used to be around 10 percent of […] Read more
Waaree Energies Appoints Aniruddha Khekale as CHRO Updated On Thu, Aug 22nd, 2024 by Saurenergy IPO-bound Waaree Energies Limited, India’s largest manufacturer of solar PV modules has announced the appointment of Aniruddha Khekale as its Chief Human Resources Officer (CHRO). Aniruddha Khekale’s appointment comes at a period of high growth for the company as it chases the opportunity of a lifetime to build on its strong market presence and dominance […] Read more
BC Jindal Group To Enter Renewable Sector With 5 GW Target Updated On Thu, Aug 22nd, 2024 by Saurenergy The Rs 18,000 crore BC Jindal Group, has announced its foray into India’s renewable sector today. The group has announced plans to invest around US $ 2.5 billion in this sector in the next 5 years. The group becomes the latest to make a strong commitment to the sector, attracted by its green credentials as […] Read more
