Renewables Led To Saving Of $520bn in Fuel Costs Globally: IRENA Updated On Wed, Aug 30th, 2023 by Saurenergy A new report by the International Renewable Energy Agency (IRENA) claimed that the global power sector saved $520 billion in fuel costs last year, owing to the increasing adoption of renewable energy sources. The report underscores how the ongoing fossil fuel price crisis catalyzed the competitiveness of renewable power sources. In 2022, 86 percent, equivalent to 187 Gigawatts (GW), […] Read more
NLC India Moving Towards Hybrid RE Projects: Prasanna Kumar, CMD Updated On Tue, Aug 29th, 2023 by Saurenergy Saur: What are the significant works NLCIL undertook in the past few years to boost its renewable portfolio? CMD: NLC India Limited (NLCIL) was an early bird central PSU to venture into the renewable sector. Our first renewable energy project was awarded in 2013 with a 51 MW wind power project. Later, we shifted towards […] Read more
Reliance AGM Announcements- Carbon Fibre Manufacturing, Sodium-Ion Batteries, Wind Manufacturing Takes Shape Updated On Mon, Aug 28th, 2023 by Saurenergy In its much-awaited 46th Annual General Meeting (AGM) today, Reliance Industries Chairman Mukesh Ambani laid out a sprawling vision for the firm’s expansion into green energy. With the firm setting itself on a path to carbon zero by 2035, Ambani said, “We are accelerating our journey to become net carbon zero by 2035 through renewables and bio-energy. We are […] Read more
Australian Firm Powerledger Takes Its Blockchain Public, With New Solution Updated On Mon, Aug 28th, 2023 by Saurenergy Energy software technology company Powerledger has revealed its fast ‘Powerledger chain’ for the global energy industry. The company said that Powerledger Chain would support Powerledger’s own applications and third-party applications, as well as be open for public domain electricity use cases, interested in introducing new services and products to the market. “Our mission with blockchain […] Read more
Life Beyond PLI-Top 5 Green Schemes For MSMEs And Startups Updated On Wed, Aug 23rd, 2023 by Saurenergy If you think the Government of India has been focused on large and utility-scale renewable projects, then you are right. The government focus has undoubtedly been on putting in place a large base, be it for solar capacity building or with schemes like the Production-Linked Incentive (PLI), domestic manufacturing that rewards scale. However, for smaller […] Read more
JREDA Issues Tender To Empanel Vendors Under PM-KUSUM Updated On Mon, Aug 21st, 2023 by Saurenergy The Jharkhand Renewable Energy Development Agency (JREDA) has invited bids for the empanelment of vendors for installations of solar pumps under the PM-KUSUM scheme. The tender was meant for vendors who would be liable to design, manufacture, supply, transport, install, test and commission off-grid solar pumps. The scope of work encompasses the supply of solar […] Read more
Tata Power Plans to Add 2.5 GW of Solar Power In FY24 Updated On Fri, Aug 18th, 2023 by Saurenergy Tata Power, an electricity generation company, has planned to add 2.5 Gigawatt (GW) of solar energy in FY24, the company’s top management said in its latest investors call. The company recently submitted the call details to the Bombay Stock Exchange (BSE) in its self-disclosure. The decision comes after an unexpected consumption increase of only 1.5% […] Read more
Gujarat Tops In Residential Rooftop Programme: Govt Data Updated On Fri, Aug 11th, 2023 by Saurenergy A recent data from the Lok Sabha on Residential Rooftop Solar Systems indicated that India had garnered a total of 2.1 GW of solar power through the residential rooftop solar scheme of the Union government in Phase II of the programme. MNRE Minister RK Singh shared the data during his written reply before the House. […] Read more
After BSE, Waaree Renewable Considers Plans For Listing In NSE Updated On Fri, Aug 11th, 2023 by Saurenergy Indian solar EPC and O&M player Waaree Renewable Technologies is now mulling the listing of its company at the National Stock Exchange (NSE). It is already listed under the Bombay Stock Exchange (BSE). The company management shared the information during its recent investors call. The firm recently updated the details of the investors’ call to […] Read more
