India’s Power Sector Surge: Motilal Oswal Tracks A Rs 40 Trillion Investment Opportunity Updated On Wed, Oct 2nd, 2024 by Saurenergy India’s power sector is on the cusp of a major transformation, offering colossal investment opportunities over the next decade. Economic growth, energy transition, and technological advancements will drive the sector’s rapid growth, according to a Motilal Oswal report titled “Power Utilities: EmPOWERING INDIA!” The report outlines the massive growth and investment potential in the sector […] Read more
NLC India Aims To Add 10 GW Renewable Energy By 2030 Updated On Mon, Sep 30th, 2024 by Saurenergy NLC India Limited, a Navratna Public Sector Enterprise under the Ministry of Coal, Government of India, marked its 10th year of renewable energy generation in 2024. The company embarked on its renewable energy journey on September 28, 2015, by commissioning a 10 MW solar photovoltaic power plant in Neyveli. Primarily a lignite-based power-generating company, NLC […] Read more
Hybrid Solar, Wind Projects To Fuel Cochin Shipyard Operations Updated On Wed, Sep 25th, 2024 by Saurenergy The Kerala government’s Energy Management Centre (EMC) has initiated plans to power Cochin Shipyard Limited (CSL) with renewable energy. To move forward with this initiative, a tender has been issued seeking consultants for the project. The last date of bid submission is September 30. Established in 1972, Cochin Shipyard Limited is a prominent shipbuilding and […] Read more
SCCL Plans FDRE Tender for 500MW RE Power, Seeks Consultants Updated On Mon, Sep 23rd, 2024 by Saurenergy Telangana-based Singareni Collieries Company Limited (SCCL) is now mulling to issue a tender for procurement of 500 MW of renewable power through a Firm and Dispatchable Renewable Energy (FDRE) tender. It has now issued a tender seeking consultants for preparing a Detailed Project Report (DPR) on the same. The proposal said that the works relate […] Read more
KSEB Signs Pact With SECI For 500 MW Solar Power Updated On Fri, Sep 13th, 2024 by Saurenergy The Kerala State Electricity Board (KSEB) has now signed an agreement with the Solar Energy Corporation of India (SECI) to boost the growth of solar energy in the southern state. This new deal is aimed at reducing power purchase costs by at least 10%. With this collaboration, the state board plans to add 500 MW […] Read more
For Net Zero India Needs 494 GWs Of Solar & Wind Capacity By 2030: Bloomberg NEF Updated On Thu, Sep 5th, 2024 by Saurenergy The New Energy Outlook report released by Bloomberg NEF at its Indian event says India needs more than 4 terawatts of wind and solar capacity installation by 2050 for the Net Zero Scenario. Power demand is projected to grow six fold during the period. Moreover, the report also calls for over $12 trillion investment and […] Read more
UK Announces 9.6 GW of Renewable Awards In Sixth CfD Auction Updated On Thu, Sep 5th, 2024 by Saurenergy The much awaited renewable awards with contract for difference have been announced finally. The results were awaited eagerly following the abject failure of the last offer, and was considered particularly vital for the offshore wind industry after a string of bad news, including cancellation of awarded projects elsewhere in Europe. With £1.56 billion allocated to […] Read more
2023: Onshore Wind Struggles With Permits, Grid Issues: Report Updated On Thu, Aug 29th, 2024 by Saurenergy According to a recent report by energy research body– BloombergNEF (BNEF), the global transition towards clean electricity has reached new milestones, with wind and solar contributing 13.9% which is reported to reach a new record high. Additionally, a pair of new reports and findings from two reports published by BNEF: Power Transition Trends 2024, and […] Read more
Grew Energy, IIT Bombay Collaborate For R&D In Photovoltaics Updated On Wed, Aug 28th, 2024 by Saurenergy Grew Energy Private Limited, a solar module manufacturing company, has announced a partnership with the Indian Institute of Technology, Bombay (IIT Bombay). The collaboration aims to advance innovation and excellence in photovoltaic technology, with a key focus on solar cell and module manufacturing, performance characterization, and reliability assessments. The two signed the Memorandum of Understanding […] Read more