Power Minister Calls RE Additions Inadequate, Case For Pushing Thermal Till 2035 Updated On Tue, Sep 24th, 2024 by Saurenergy Power Minister Manohar Lal made a strong case for India to push thermal power growth till 2035, due mainly to the inability of renewable capacity additions to fill the gap in demand. India’s peak power demand is projected to reach 458 GW by 2032, a number that cannot be met by even the planned 500 […] Read more
Sunsure Energy’s Contrarian Approach Pays Off Updated On Tue, Sep 24th, 2024 by Saurenergy Gurugram-based Sunsure Energy has made a virtue of what to many will appear to be a contrarian approach to business as a solar EPC and now, a developer (IPP). Founded in 2014 by Shashank Sharma (CEO), Sunsure Energy has 500 MW of assets under operation, 2.5 GW of renewable energy capacity under construction, and a […] Read more
LONGi Revenues Down 40% In H1 2024, Losses Climb To $760 Million Updated On Thu, Sep 19th, 2024 by Saurenergy LONGi Green Energy, one of the largest integrated solar manufacturers , has reported its H1 results. The results reflect the weakness in prices seen during the year, with the firm slipping into significant loses on a reduced turnover. All this, despite LONGi reporting shipment of over 78 GW of wafer, cells and modules. LONGi reported […] Read more
Sep 18 Int’l Briefs- Ib Vogt, USTR Section 301 Tariffs, Al Ajban Project Updated On Wed, Sep 18th, 2024 by Saurenergy ib vogt and NextEnergy Capital agree on 110 MWp Solar Project acquisition for their NextPower V ESG fund International solar developer ib vogt and NextPower V ESG have successfully agreed on a deal for the sale and purchase of a 110 MWp solar photovoltaic project, respectively. The project, located in Segovia, Spain, is to be […] Read more
Revolt Motors Launches New Electric Motorcycle-RV1 Updated On Wed, Sep 18th, 2024 by Saurenergy Revolt Motors, an electric vehicle company based in Haryana, has launched a new electric motorcycle called the RV1. The company was established in 2017 and now working to boost electric mobility. This comes in a week when several automobile companies like BMW, Mahindra and others have either launched or announced launch of new electric vehicles […] Read more
Cygni, HiNa To Bring India-Specific Sodium-ion Energy Solutions Updated On Tue, Sep 17th, 2024 by Saurenergy Cygni Energy Private Limited, a Hyderabad-based energy storage solutions player has planned to collaborate with HiNa to develop India-specific Sodium-ion based storage solutions. This storage solution is cheaper, safer, and allows 20-minute charging. Cygni Energy has been an advocate of Sodium-ion-based solutions and a challenger to Lithium for specific applications. As part of this partnership, […] Read more
COP29 Presidency Proposes 1,500 GW Energy Storage Target By 2030 Updated On Tue, Sep 17th, 2024 by Saurenergy The Conference of Parties (COP29) Presidency today announced its Initiatives as part of its “Action Agenda” to give an impetus to climate action and to supplement the formal negotiated COP agenda. In a letter addressed to all Parties and non-party stakeholders, COP29 President-Designate Mukhtar Babayev outlined the details of the package and how global stakeholders […] Read more
SECI Awards 1 GW/2 GWh BESS Project to JSW And Reliance Updated On Mon, Sep 16th, 2024 by Saurenergy SECI has announced that JSW Neo Energy and Reliance Power are the successful bidders for 1,000 MW/2,000 MWh standalone battery energy storage systems (BESS), under tariff-based global competitive bidding. Both companies were awarded an equal capacity of 500 MW/1,000 MWh. JSW Neo Energy quoted a tariff of Rs. 381,000/MW per month, and Reliance Power quoted […] Read more
JSW Energy Commissions 300 MW Wind Power Project in Tamil Nadu Updated On Mon, Sep 16th, 2024 by Saurenergy JSW Energy Ltd. has announced the successful commissioning of a 300 MW wind power project in Tuticorin, Tamil Nadu. This project, developed by its subsidiary JSW Renew Energy Two Limited, is the company’s first greenfield wind power plant under SECI’s tranche X. The new wind farm marks an addition to JSW Energy’s renewable energy portfolio. […] Read more
