Mahanagar Gas, IBC Set To Invest Rs. 230 Cr In Bengaluru Gigafactory Updated On Fri, Nov 8th, 2024 by Saurenergy Indian natural gas distribution company, Mahanagar Gas Limited (MGL), recently signed a Share Subscription Agreement (SSA) and a Shareholding Agreement (SHA) with International Battery Company, Inc. (IBC US). Through this collaboration, both parties plan to invest in International Battery Company India Private Limited (IBC India), currently a 100% subsidiary of IBC US. Under the agreement, […] Read more
Vanilla To BESS: Share of Energy Storage Tenders Goes From 5% To 23% In 10 Ys Updated On Fri, Nov 8th, 2024 by Saurenergy From plain vanilla tenders to Firm and Dispatchable Renewable Energy (FDRE), the Indian tendering system has come a long way. Since 2020, demand for energy storage has surged. With nearly a quarter of tenders now requiring energy storage, the need for Energy Storage Systems (ESS) is gaining momentum. SBI CAPS, in its latest report on […] Read more
Noida International Airport Set To Boost Renewable Energy Usage Updated On Thu, Nov 7th, 2024 by Saurenergy Noida International Airport (NIA), today entered into a partnership with Tata Power, an integrated power company, to incorporate renewable energy into the aviation company. Under this arrangement, Tata Power Trading Company Ltd. (TPTCL) plans to supply 10.8 MW of wind power to NIA, sourced from Tata Power Renewable Energy Ltd. (TPREL). Additionally, TPREL plans to […] Read more
Can India See Large Wind Turbines Beyond 6 MW? Updated On Wed, Nov 6th, 2024 by Saurenergy The upper ceiling of large wind turbines in India is on the rise. Irrespective of the deployment of the same in capacities upto 8 MW to 10 MW in foreign countries like China, India’s tryst with these large structures is limited by costs for now. Going by the government numbers, there are more than eight […] Read more
Datta, Gentari, Juniper, EG Energy, Sunsure Secure SJVN’s 1.2 GW Hybrid Project Updated On Wed, Nov 6th, 2024 by Saurenergy SJVN has announced that Datta Infra, Gentari India, Juniper Green Energy, EG Energy, and Sunsure Energy are the winners of its 1200 MW ISTS-connected Wind Solar Hybrid Tender auction. These companies secured the project at a tariff of Rs 3.19/kWh. The tender for this project was released in June of this year, and the results […] Read more
KP Green Energy Secures 1.0037 GW Order From GUVNL Updated On Tue, Nov 5th, 2024 by Saurenergy KPI Green Energy Limited, the renewable EPC vertical of KP Group, recently secured 1.0037 GW renewable energy project from GUVNL. These projects are won by KPI Green Energy Limited under the various tenders of the Gujarat Urja Vikas Nigam Limited (GUVNL). The Gujarat-based company will be responsible for providing a range of services, including Engineering, […] Read more
Green Tariffs, Budget Crucial For RE Growth in Rajasthan, Gujarat: Report Updated On Tue, Nov 5th, 2024 by Saurenergy The Institute for Energy Economics and Financial Analysis (IEEFA), in a briefing note, recommended a multifaceted approach to accelerate the renewable energy transition in two renewable-rich states namely, Gujarat and Rajasthan. This involves implementing strategic measures to enhance financial resources, improve market dynamics, and support effective governance. The note recommends the use of integrated green […] Read more
US Lifts Anti-Dumping Order On Al Imports From India Updated On Tue, Nov 5th, 2024 by Saurenergy The US International Trade Commission (USITC) recently determined that the US industry is not materially injured or threatened with material injury by imports of aluminum extrusions from India, China, and 14 other countries. The other countries include Colombia, Ecuador, Indonesia, Italy, Malaysia, Mexico, South Korea, Taiwan, Thailand, Turkey, the United Arab Emirates, and Vietnam. The […] Read more
Global RE Growth Hits New Highs Amid Falling Costs: IEA Report Updated On Tue, Nov 5th, 2024 by Saurenergy Globally, renewable energy shows no signs of slowing down. In the first half of 2024, solar PV additions rose by 36%, electric vehicle sales increased by 25%, and wind power capacity additions kept pace with last year’s deployment, said report. International Energy Agency (IEA) recent report on Clean Energy Market Monitoring indicated that clean energy […] Read more
