BrightNight Australia Links Mortlake Energy Hub To National Grid Updated On Wed, Jul 24th, 2024 by Saurenergy Australian Energy Market Operator (AEMO) recently approved the connection of BrightNight’s 360 Mega Watt (MW) Mortlake Energy Hub (a hybrid renewable energy project) to the National Electricity Market, to support Australia’s decarbonization efforts. Australia wants to go net-zero by 2050 and has plans to ensure 82% electricity capacities in their grid from renewable sources by […] Read more
Adani Renewable Adds 250 MW Of New Wind Project At Khavda Updated On Wed, Jul 24th, 2024 by Saurenergy Adani Renewable Energy recently operationalized its new 250 MW of energy wind energy capacities at the Khavda Renewable Park in Gujarat, touted to be world’s largest renewable energy park. This comes after the Indian renewable company announced operationalizing 1 Gigawatt (GW) of solar capacities at Khavda. The firm has plans to add 30 GW of […] Read more
Budget 2024 Announcements On PSP, Thermal- Hit Or Miss? Updated On Wed, Jul 24th, 2024 by Saurenergy As the dust settles on the budget announcements, by all accounts the budget continues to lose relevance in terms of the sort of disruptive changes it could bring earlier. For the renewable sector, that means even as the loud clamor for a reduction of GST rate on equipment like turbines and modules from 12% to […] Read more
LevelTen Raises $65 Million, To Enter Newer Markets Updated On Wed, Jul 24th, 2024 by Saurenergy LevelTen Energy, which describes itself as a leading provider of transaction infrastructure for the energy transition, announced that it has secured approximately $65 million in a Series D funding round last week. The financing, which includes both new growth capital and the conversion of notes, was led by B Capital, a global multi-stage investment firm. […] Read more
Budget: Provision For Critical Minerals, Lithium To Boost EV Growth Updated On Tue, Jul 23rd, 2024 by Saurenergy The latest budget announced by Union Finance Nirmala Sitharaman announced several interventions that can fuel the growth of Electric Vehicles (EVs) and battery industries across the country. In the recent budget released by the minister in the Parliament, she announced to reduction the Basic Customs Duty (BCD) to zero on critical minerals and numerous components. […] Read more
Green Stocks July 23: Post Budget Announcement On Solar Glass, Borosil’s Stock Price Surges Updated On Tue, Jul 23rd, 2024 by Saurenergy On the day when the Union Budget talked about imposing Customs Duty against the imports of solar glass, the stock prices of Indian solar glass maker Borosil Renewable surged to 8.22 percent high. This was the long pending demand of the Indian solar glass makers like Borosil. This is followed by positive growths of companies […] Read more
News In Brief July 23: Coal India Gets Graphite Block, PowerCo & QuantumScape, JA Solar And Solarpro Updated On Tue, Jul 23rd, 2024 by Saurenergy Coal India Secures First Graphite Block In Green Energy Push Coal India Limited (CIL) secured its first critical mineral asset, a graphite block, in Madhya Pradesh. Acquiring a graphite asset position, Coal India emerged as the preferred bidder for the Khattali Chotti graphite block located in Alirajpur district, Madhya Pradesh. The state-owned, Coal India Limited […] Read more
What The Green Industries Said About Budget 2024? Updated On Tue, Jul 23rd, 2024 by Saurenergy Hours after Finance Minister Nirmala Sitharaman announced the Union Budget 2024, the industry leaders also reacted to the budget announcements. Many of them talked about the benefits and challenges of the industry in the light of the announcements. The minister, in her budget speech talked about imposing Customs Duty on solar glass imports and include […] Read more
Budget 2024: Govt Imposes New Customs Duty On Solar Glass Updated On Tue, Jul 23rd, 2024 by Saurenergy Union Finance Minister Nirmala Sitharaman today presented the Union Budget for 2024-25 before the Parliament. The minister talked about several steps taken by the government towards India’s sustainable energy transition besides rolling out some more plans of the government to boost the growth of the renewable energy industry in the sector. She also talked about […] Read more
