ICRA Predicts 16 GW Capacity Addition For RE In FY23 Updated On Tue, Jan 11th, 2022 by Saurenergy The outlook for the capacity addition in the renewable energy (RE) sector remains strong with a large project pipeline of over 55 GW and the highly competitive tariffs offered by these projects. The commitment to climate change goals announced by the Prime Minister at the recent COP26 summit, including increasing the non-fossil power capacity to […] Read more
EESL Aims to Install 1.6 crore Smart LED Streetlights in India by 2024 Updated On Fri, Dec 24th, 2021 by Saurenergy Energy Efficiency Services Limited (EESL), a JV under the Ministry of Power, plans to install 1.6 crore of smart LED streetlights across the nation by 2024. EESL’s Streetlight National Programme (SLNP) was primarily launched in municipalities/ Urban Local Bodies (ULBs) of the country with an objective to replace conventional street lights with LED lights. Since […] Read more
Sungrow Signs Up For 280 MW Solar Plant With Rays Power For Bangladesh Updated On Fri, Dec 24th, 2021 by Saurenergy Sungrow, the global solar inverter solution major, signed the largest PV inverter contract, totaling 280 MW with Rays Power Infra, a leading integrated solar power company, to build the largest solar power plant in Bangladesh. Sungrow provides the industry-leading central inverter solution as well as the comprehensive on-site and post-sale service. This solar power plant […] Read more
Octopus Energy, Sterlite Power Sign MOU For Green Power Systems Updated On Tue, Dec 21st, 2021 by Saurenergy UK based 1.2 billion pound sterling energy group Octopus Energy Group, which has over 3 million customers in the UK has entered into an MOU with leading Indian power transmission player Sterlite Power. The agreement aims to help decarbonise Indian industry and bring cheaper green power to consumers around the world. The Memorandum of Understanding […] Read more
MPC Energy Solutions Joins Leclanché For Battery Project In Caribbean Updated On Wed, Dec 15th, 2021 by Saurenergy Netherlands based MPC Energy Solutions (MPCES) has partnered with Leclanché, the Swiss maker of energy storage solutions to build the previously announced 35.7 MWp solar photovoltaic (PV) and 18.2 MW battery energy storage system (BESS) project designed with Leclanché Energy Management Software (L-EMS) in St. Kitts’ Basseterre Valley, next to the capital city of Basseterre. The project requires about US$ […] Read more
MoP Approves 23 New ISTS Projects Worth ₹15,893 cr Updated On Fri, Dec 10th, 2021 by Saurenergy The Ministry of Power (MoP) and the Ministry of New and Renewable Energy (MNRE) has approved 23 new Inter State Transmission System (ISTS) projects with an estimated cost of Rs 15,893 crore. The new ISTS projects comprise 13 projects with an estimated cost of Rs 14,766 to be developed under Tariff Based Competitive Bidding (TBCB) […] Read more
American Manganese Secures Patent in India for Li-ion Battery Recycling Updated On Wed, Dec 8th, 2021 by Saurenergy The Indian Patent Office has issued Patent No. 380826 for the American Manganese’s first patent invention regarding lithium-ion battery recycling, the company announced in a recent statement. The patent covers core process functions in the company’s RecycLiCo process that can achieve up to 100% leach extraction of lithium, cobalt, nickel, and manganese from the treatment of […] Read more
A Space to Watch Out for: EV’s Impact Rests on the Way it is Marketed! Updated On Fri, Dec 3rd, 2021 by Saurenergy The EV segment is poised to follow a high growth curve in the India market. A positive investment outlook and aggressive marketing strategies are expected to shape the Indian EV growth story over the next three years. Some Highlights: “Projections by the India Energy Storage Alliance (IESA) estimate that the Indian EV market will grow […] Read more
India Attains COP21 Goal: 40% Pwr Gen Capacity Now Non-Fossil Based Updated On Fri, Dec 3rd, 2021 by Saurenergy India has achieved the target of 40% of its installed electricity generation capacity being from non-fossil energy sources, an official statement said on Thursday. At the end of October this year, the Ministry of Power (MoP) reiterated India’s commitment to achieve more than 40 percent cumulative electric power installed capacity from non-fossil-fuel energy resources by […] Read more