Members to Expand Cross-border Interconnections as Shares of Renewables Grow: IRENA Updated On Mon, May 17th, 2021 by Saurenergy According to IRENA’s World Energy Transitions Outlook, to achieve climate goals, global electricity generation must expand three-fold by 2050, making grid flexibility exceptionally important as countries race to reduce emissions. Cross-border interconnection represents one of the key solutions to dealing with the variability of renewable power and grid stability issues. This topic was the focus […] Read more
Power Consumption up Nearly 20 Percent in May Updated On Mon, May 17th, 2021 by Saurenergy Power consumption in the country grew by nearly 20 percent in the first fortnight of May to 51.67 BU over the same period last year. Power consumption in the country grew by nearly 20 percent in the first fortnight of May to 51.67 billion units (BU) over the same period last year, showing recovery in commercial and […] Read more
Germany’s Enapter Prepares AEM Multicore for Green H2 Production Updated On Sat, May 15th, 2021 by Saurenergy Germany-headquartered Enapter, a hydrogen generator manufacturer, has recently announced that it is expanding its product portfolio to the megawatt-class with the AEM Multicore electrolyser. The final development of the new model has started, further tapping into the innovative potential of Anion Exchange Membrane (AEM) technology. The AEM Multicore will be introduced to the market next […] Read more
IEX Q4 FY21 Results: ‘Unprecedented Performance’; Rs 100 Cr Revenues Updated On Fri, May 14th, 2021 by Saurenergy The Indian Energy Exchange (IEX) released its audited consolidated financial results for the fourth quarter ended March 31, 2021, today, announcing an “unprecedented performance” in the last fiscal year. The New Delhi-headquartered power trading exchange, which is regulated by Central Electricity Regulatory Commission (CERC), reported 37.3% YoY growth in electricity volumes in the last year. In […] Read more
Hyundai Motor Group to Invest $7.4 billion in U.S. EV industry by 2025 Updated On Fri, May 14th, 2021 by Saurenergy In a press release yesterday, Hyundai Motor Group (HMG), comprising Hyundai Motor Company and Kia Corporation, announced its plan to invest $7.4 billion in the U.S. by 2025 to produce future EVs, enhance production facilities and further its investments in smart mobility solutions. The group’s investment will enhance overall product competitiveness by prioritising future mobility technologies, […] Read more
Generate Announces Unique Partnership With Starbucks to Supply Clean Energy Updated On Fri, May 14th, 2021 by Saurenergy Projects to Expand Access to Clean Energy for Starbucks stores and up to 24,000 Households, Small Businesses, Churches, Non-Profits and Universities Generate, a leading provider of sustainable infrastructure, announced today that it has put the first six of up to 23 New York State community solar projects into service under an innovative multi-year facility with Starbucks […] Read more
PLI Scheme for Battery Storage Will Lower Cost of EVs in India: SMEV Updated On Fri, May 14th, 2021 by Saurenergy SMEV has said that the PLI scheme for promoting battery storage will lead to the reduction of cost on purchase of electric vehicles (EVs) The Society of Manufacturers of Electric Vehicles (SMEV) has said that the production linked incentive (PLI) scheme for promoting battery storage will lead to the reduction of cost on purchase of electric vehicles (EVs) thereby […] Read more
MNRE Grants Conditional Extension for RE Projects due to 2nd Wave of COVID Updated On Fri, May 14th, 2021 by Saurenergy MNRE has decided that RE projects with SCD on or after April 1, 2021, will be eligible to claim a time extension for completion of work. The Ministry of New and Renewable Energy (MNRE) has notified that after considering the representations received from project developers and stakeholders, it has been decided that as a measure […] Read more
Borosil Renewables Bags National Award 2021 for Technology Development Updated On Wed, May 12th, 2021 by Saurenergy India’s first and only domestic solar glass manufacturer, Borosil Renewables has grabbed the National Award for Successful Commercialisation 2021. The award has been given under the best technology development category for its masterpieces including 2mm fully tempered solar glass, Shakti: Solar glass in matt finish, Selene: Anti-glare solar glass for PV installations near the airport. […] Read more
