Pankaj Agrawal is the New Power Secretary of India Updated On Thu, Jun 15th, 2023 by Saurenergy Pankaj Agrawal has been appointed Power Secretary effective July 1, 2023. He will replace Alok Kumar, who will embrace retirement. Agrawal is an IAS Officer from the 1992 batch from the Madhya Pradesh cadre. The announcement came in late in the night amid the G20 leadership of India. Agrawal was the Additional Secretary and Director […] Read more
Volvo Introduces All-Electric C40 Recharge SUV in Indian Market Updated On Wed, Jun 14th, 2023 by Saurenergy Volvo Car India has unveiled its highly anticipated all-electric C40 Recharge SUV, marking the brand’s second electric vehicle (EV) in the Indian lineup. The C40 Recharge EV will be available in a single variant, and its pricing will be announced in August 2023, with deliveries scheduled to commence in September 2023. The C40 Recharge will […] Read more
Rajasthan To Have Mandatory Energy Storage Obligation From Next Year Updated On Wed, Jun 14th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC), in its latest suo motu order, ordered the finalization of its new regulations related to Renewable Purchase Obligations (RPO)s for the obligated entities in the state. It came after the Ministry of Power earlier made a trajectory of RPOs of different clean sources. The new regulations have batted for a […] Read more
Countries Need More New RE Power To Achieve Global Climate Targets: Study Updated On Wed, Jun 14th, 2023 by Saurenergy A new analysis from Climate Analytics claimed that the world would need more new wind and solar power installations to limit global warming to 1.5°C. Climate Analytics is a global science and policy institute. The analysis said that the globe would need to add renewables up to five times faster by 2030 at a rate of 1.5 […] Read more
MG Motor India Powers 50% Operations from Renewable Energy Sources Updated On Wed, Jun 14th, 2023 by Saurenergy Automotive firm MG Motor India has revealed that 50 percent of its energy needs for manufacturing operations are being met by renewable energy sources. The firm has joined hands with renewable energy firm CleanMax to meet its renewable energy goals. The brand that makes cars has determined to curb carbon emissions by approximately 2 lakh […] Read more
Duke Energy in $2.8 Billion Deal with Brookfield Renewable for Commercial Renewables Business Updated On Tue, Jun 13th, 2023 by Saurenergy A key US electricity distributor and generator, Duke Energy has announced reaching reached an agreement to sell its unregulated utility scale commercial renewables business to Brookfield Renewable for $2.8 billion. Brookfield is one of the world’s largest owners and operators of renewable power and climate transition assets. Duke Energy’s expected net proceeds from this transaction […] Read more
SJVN, Dhaani Renewables, Apraava Energy Among Winners of 1.2 GW SECI Tender Updated On Mon, Jun 12th, 2023 by Saurenergy State-owned entity SJVN Ltd arm SJVN Green Energy has won a 200 MW wind power project won through competitive bidding in a tender floated by Solar Energy Corporation of India (SECI). SJVN Green Energy won the full quoted capacity of a 200 MW wind power project at the rate of Rs 3.24 per unit. Apraava […] Read more
Chile to Launch $2 Billion Bill for Large-Scale Energy Storage Systems for 2026-2028 Updated On Mon, Jun 12th, 2023 by Saurenergy The government of Chile has announced plans to introduce a bill this year aimed at procuring large-scale energy storage systems. With an investment of $2 billion, the initiative is set to commence operations in 2026 and will be the largest project of its kind in Latin America. President Gabriel Boric highlighted the necessity of integrating […] Read more
Amp Energy Closes Investments Totaling USD 250 Million From SMBC, ICG, and AIIB Updated On Mon, Jun 12th, 2023 by Saurenergy Delhi-based Amp Energy India, with a total portfolio of 2.7GW+ spread across 17 states in the country Mumbai, Bangalore & Kolkata. The company has secured up to USD 250 million from SMBC Bank of Japan (Sumitomo Mitsui Banking Corporation), ICG (Intermediate Capital Group), and AIIB (Asian Infrastructure Investment Bank) to fund the growth of the […] Read more
