Ultratech To Increase Its Green Energy Share To 85% By 2030 Updated On Wed, Dec 13th, 2023 by Saurenergy The $7.9 billion Indian Cement and Ready-Mix Concrete Company–UltraTech Cement Limited today announced its plans to increase the overall share of green energy in its total energy mix to 85 percent by 2030. As an interim target, UltraTech plans to increase its total green energy share threefold from its current 22% to 60% by FY26. […] Read more
India Requires $350-400bn For Its Clean Energy Ambitions: Report Updated On Thu, Oct 12th, 2023 by Saurenergy A latest KPMG report said India would require around USD 350-400 billion annually by 2047 for its clean energy ambitions. The report was released recently under the presence of Union Minister Hardeep Singh Puri in New Delhi. The report said the need for high-speed and large-scale energy transition offered investment opportunities. It said climate change […] Read more
Increased Wind, Hydro Power Surged Renewable Generation In July Updated On Mon, Sep 4th, 2023 by Saurenergy An analysis of the latest monthly renewable energy generation data from the Central Electricity Authority (CEA) claimed that the increased generation of clean energy from wind power projects and small and hydropower projects led to an overall increase in non-fossil fuel energy generation in July this year. However, the data also revealed that solar energy generation during […] Read more
India Adds 2.8 GW Of New Renewable Power In June: CEA Report Updated On Fri, Jul 14th, 2023 by Saurenergy The latest report by the Central Electricity Authority (CEA) said that India added a total of 2,873 Megawatt (MW) of new renewable energy capacities in the month of June, this year. This is against the addition of 1076 MW of renewable power capacities added to the energy mix in May this year. These additions were […] Read more
IEA Report: Expect $1.7 Trillion Investments In Clean Energy In 2023 Updated On Fri, May 26th, 2023 by Saurenergy The International Energy Agency has said that the global investment in clean energy is on course to rise to $1.7 trillion in 2023. In this journey, solar energy is set to eclipse oil production for the first time. According to the new report by IEA, about $2.8 trillion is set to be invested globally in […] Read more
India Among Top 5 Global Destinations In RE Investments: IEA Report Updated On Thu, May 25th, 2023 by Saurenergy A latest report by the International Energy Agency (IEA) claimed that India was among the top five countries globally to receive the highest investments in the renewable energy sector since 2019. The report titled ‘World Energy Investment 2023’ explores investment in the global power markets. The global report also termed the Indian solar market ‘dynamic.’ However, […] Read more
MCD Plans Rooftop Solar at Public Spaces in Delhi Including EV Charging Stations Updated On Fri, May 19th, 2023 by Saurenergy The Municipal Corporation of Delhi (MCD) has inked a Memorandum of Understanding (MoU) with the Solar Energy Corporation of India (SECI) and NTPC (National Thermal Power Corporation to set up solar power panels on all buildings of MCD that are suitable for the purpose. The local body has already added more than 11 MW of […] Read more
Indian EV Sector Registered 170% Growth In FY23: CEEW-CEF Report Updated On Thu, May 11th, 2023 by Saurenergy A latest analysis report by the Council on Energy, Environment and Water’s Centre for Energy Finance (CEEW-CEF) claimed that sales of Electric Vehicles (EVs) in India grew exponentially in FY23. It claimed that the Indian EV sector witnessed a growth of 170 percent (compared to FY22). It also crossed the one million mark during the […] Read more
Repsol Picks Siemens Gamesa Turbines For Its 200-MW Wind Projects Updated On Tue, May 9th, 2023 by Saurenergy Siemens Gamesa and Spanish petrochemical conglomerate Repsol have confirmed signing of two new contracts under which the global turbine maker will supply 40 units of its SG 5.0-145 onshore turbines for six wind farms in Spain. The total capacity of the six wind farms will be 200 MW. Following this agreement, Repsol will have eight […] Read more
