SJVN Arm Joins Hands with Norwegian Firm for Pilot Floating PV Updated On Mon, Oct 30th, 2023 by Saurenergy SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN Limited has joined hands by way of an MoU with Ocean Sun, Norway, which is a specialist in floating solar. The agreement will pave the way for a partnership between the two firms in the field of new technologies in green and clean energy […] Read more
NTPC Ltd Reports 13 Percent Rise In PAT In H1 of FY24 Updated On Sun, Oct 29th, 2023 by Saurenergy NTPC Limited in its latest financial results declared a 13 percent increase in its Profit After Tax (PAT) during the first half (H1) of FY24 on a standalone basis. The central Public Sector Utility (PSU) said that its PAT for H1 FY24 was Rs 7,951 crore as against Rs 7,048 crore in H1 FY23. Meanwhile […] Read more
Residential Costs Stayed Flat from 2020 to 2022 & then Declined in 2023: NREL Updated On Fri, Oct 27th, 2023 by Saurenergy The National Renewable Energy Laboratory (NREL) has released its annual report on ‘U.S. Solar Photovoltaic System and Energy Storage Cost Benchmarks.’ The report tracks the solar cost trends to support the U.S. Department of Energy Solar Energy Technologies Office. It aims to accelerate the advancement and deployment of solar technology and gives an account of […] Read more
Inlyte Gets $8 M For Cheap, Grid Scale Iron and Sodium Batteries Updated On Fri, Oct 27th, 2023 by Saurenergy Berkeley, California based Inlyte Energy announced its $8 million seed funding to be used to develop the first generation of its grid batteries made with the most abundant materials – iron and table salt. Inlyte’s solution leverages the proven design of the previously-commercialized sodium metal halide battery to create an energy storage system with high efficiency, […] Read more
EV Maker Ola Takes Home INR 3,200 in Fundraising Round Updated On Fri, Oct 27th, 2023 by Saurenergy Bengaluru’s electric vehicle firm Ola Electric has closed INR 3,200 crore in its fundraising round. The funds were raised from from marquee investors led by Singapore-based Temasek and project debt from State Bank of India respectively. The funds would be used be employed towards the expansion of Ola’s EV business and the establishment of a […] Read more
NYSERDA Awards 1.3 GW Wind Capacity Under Community Offshore Initiative Updated On Thu, Oct 26th, 2023 by Saurenergy New York has provisionally awarded a Community Offshore Wind contract worth 1.3 GW. A joint venture between RWE and National Grid Ventures, Community Offshore Wind will be developed under a phase-wise approach within Community Offshore Wind’s 3.2 GW seabed lease in the New York Bight. The seabed lease was acquired during federal bidding by the […] Read more
European Green Deal Law Aided In Increased RE Deployment: Report Updated On Wed, Oct 25th, 2023 by Saurenergy The European Union (EU) shared a report titled ‘The State of the Energy Union’ 2023, by the European Commission. The report looks back on the EU response to the unprecedented energy crisis of the past two years. It assesses the state of play with the green transition at the national and global levels. It further […] Read more
IndiGrid Scores Maiden Win for 20 MW/ 40 MWh Battery Energy Storage System Project Updated On Wed, Oct 25th, 2023 by Saurenergy IndiGrid (BSE: 540565 | NSE: INDIGRID), India’s first power sector InvIT, has received the Letter of Intent (LOI) / Letter of Award (LOA) from BSES Rajdhani Power Limited (BRPL) to look into the design, supply, testing, installation, commissioning, operation and maintenance of 20 MW/40 MWh BESS in Delhi. The project is envisaged on build, own, […] Read more
p-type technology is going to die out: Tanmoy Duari, Axitec Energy Updated On Wed, Oct 25th, 2023 by Saurenergy Axitec Energy, headquartered at Germany, is making its presence felt in the international markets of USA, Brazil, Turkey, Australia, Vietnam with a strong presence in India, where it is looking at planned capacity of n-type TOPCon solar modules of 300 MW in Gujarat and 300 MW in Tamil Nadu. Tanmoy Duari, CEO, Axitec Energy speaks […] Read more