‘Great Response’: Min of Heavy Ind on ACC PLI Scheme’s Pre-bid Meeting Updated On Tue, Nov 16th, 2021 by Saurenergy The Ministry of Heavy Industries (MHI) organised a pre-bid conference for prospective bidders for the ACC Production Linked Incentive (PLI) scheme on 12th November, 2021. MHI had earlier released a Request for Proposal (RfP) on October 22, 2021, inviting bidders for a total manufacturing capacity of ACC battery storage of 50 Giga Watt Hour (GWh) […] Read more
UK, US Firms Launch JV Targetting 20 GW RE Capacity by 2030 Updated On Tue, Nov 16th, 2021 by Saurenergy Low Carbon Limited, based in the UK, and the Massachusetts Mutual Life Insurance Company (MassMutual), based in the US, have joined forces to build a leading global renewable energy Independent Power Producer (IPP). The partnership with MassMutual also aims at supporting Low Carbon’s ambition to raise third-party investment funds with the goal of directing capital into […] Read more
TN CM to Center: ‘Come Out with Viable Policy on Offshore Wind Energy’ Updated On Tue, Nov 16th, 2021 by Saurenergy Tamil Nadu Chief Minister M.K. Stalin has urged the Central government to come out with a viable policy on harnessing offshore wind energy, according to media reports. Speaking at the Southern Zonal Council meeting held in Tirupathi on Sunday, Stalin said the state has huge potential to harness offshore wind energy. “However, we are yet […] Read more
Norway Will Help Vietnam Uncover its Offshore Wind Power Potential Updated On Mon, Nov 15th, 2021 by Saurenergy Norwegian Ambassador to Vietnam Grete Løchen and Commercial Counsellor Arne-Kjetil Lian recently have handed over the ‘Vietnam Supply Chain Study Report’ to Vietnamese Minister of Industry and Trade Nguyen Hong Dien. The 70-page report provides an overview of the entire supply chain for Vietnam’s offshore wind industry, recommendations on what Vietnam can prioritise to stimulate the […] Read more
Japanese Wind Turbine Can Harness Typhoon Energy Updated On Mon, Nov 15th, 2021 by Saurenergy As governments and companies globally rush to install as much renewable energy capacity as possible to cut carbon emissions, areas often not suitable for solar arrays or wind farms are opening up for development with advances in technology. In Japan, a start-up called Challenergy has designed a wind turbine that works in cyclonic conditions, which typically […] Read more
Suzlon Group Q2 FY22 Results: Rs 12.40 Cr Net Loss Updated On Mon, Nov 15th, 2021 by Saurenergy Pune-headquartered renewable energy solutions provider Suzlon Group has announced its second quarter results for the financial year 2021-22 (Q2 FY22). Suzlon reports a net loss of Rs. 12.40 crores. Other key highlights of Suzlon Group Financial Results Q2 FY22 are as follows: Revenue : Rs. 1,346.51 crores EBITDA: Rs. 232.71 crores EBITDA margin: 17.28 % EBIT: Rs.171.45 […] Read more
October India RE Highlights From MNRE Report For Union Cabinet Updated On Mon, Nov 15th, 2021 by Saurenergy In its monthly summary of key highlights, recently shared for the month of October, the Ministry of Renewable Energy (MNRE) has focused on renewable energy additions, international conferences and important developments in the work of Solar Energy Corporation of India (SECI). The ministry informs that a total of 1522.35 MW of renewable energy (RE) capacity […] Read more
NTPC, Indian Oil Collaborate on Renewable Energy Updated On Mon, Nov 15th, 2021 by Saurenergy NTPC Ltd. and Indian Oil have signed a memorandum of understanding (MoU) to collaborate in the field of renewable energy and mutually explore opportunities for the supply of low carbon/RE RTC captive power. This is a first-of-its-kind novel initiative by two leading national energy majors of India, to support the country’s commitment to achieve renewable […] Read more
There Is Massive Potential For Decentralised Renewable Energy Appliances Updated On Mon, Nov 15th, 2021 by Saurenergy Tushar Devidayal, the founder & CEO of Devidayal Solar Solutions Pvt Ltd (DD Solar) founded the firm in 2015. With an MBA from London Business School, he decided to focus on designing and developing high quality, certified off-grid appliances like solar DC refrigerators, BLDC fans and coolers. The firm has made steady progress with its vision. An […] Read more
