Govt Amends RE Bundling Norms, Allows Joint Ventures Updated On Fri, Jun 23rd, 2023 by Saurenergy The Ministry of Power has issued a notification to amend some portions of the scheme for bundling renewable energy with thermal/hydropower energy. The new changes are related to allowing joint ventures (JVs) to set up renewable energy plants for the purpose and about the location of such plants. The ministry said that the new changes […] Read more
SKF Signs VPPA with Enel to Power One-Third of its European Operations Updated On Fri, Jun 23rd, 2023 by Saurenergy A firm that delves into industrial sustainability, SKF has signed a Virtual Power Purchase Agreement (VPPA) with Enel. The long-term agreement, forged with global energy company Enel, will enable SKF to purchase guarantees of origin from Enel’s forthcoming solar project in Spain over 15 years. The purchased guarantees of origin will match the electricity consumption […] Read more
Novelis Builds $2.4 Milion Solar Park, First From the Firm Updated On Fri, Jun 23rd, 2023 by Saurenergy Novelis Inc. recently revealed plans for the construction of its inaugural solar park at its production facility in Pieve Emanuele, Italy. Following the approval of local authorities, the expansive solar park spanning over 28,000 square meters will commence operation and begin generating electricity by the end of this year. Novelis Inc is a sustainable aluminium […] Read more
Final Rules For Indian Carbon Credit Market Within 15 Days: Govt Updated On Thu, Jun 22nd, 2023 by Saurenergy Higher officials from the Ministry of Power today claimed that the final rules to govern the Indian Carbon Credit Market are expected to be out in the next 15 days. The officials said that after exhaustive consultations with the stakeholders, the ministry is set to come out with the final rules. It comes after the […] Read more
NHPC Looks to Select Solar Power Developer for 3 GW ISTS-Connected Solar Projects Updated On Thu, Jun 22nd, 2023 by Saurenergy Hydropower development firm, NHPC (National Hydro Electric Power Corporation) has issued a tender for the selection of Solar Power Developer for setting up of 3000 MW (3 GW) ISTS (Inter State Transmission System) connected solar power projects anywhere in India. After conclusion of the bidding process, NHPC shall enter into Power Purchase Agreement (PPA) with […] Read more
Director – Power Fundamentals Research Updated On Thu, Jun 22nd, 2023 by Saurenergy We seek a full-time Head of Global Power Fundamentals for Wood Mackenzie’s Power & Renewables team. The team’s research spans power market fundamentals forecasting and proprietary sensor network data comprising some of Wood Mackenzie’s most highly utilized data, reports, and insights. The team consists of Data Analysts, Meteorologists, and Data Scientists, focusing on providing data and analytics […] Read more
WattPower In Agreement With Renew Power For 1.2 GW Of String Inverters By Dec 2023 Updated On Thu, Jun 22nd, 2023 by Saurenergy WattPower, a leading provider of innovative energy solutions, has announced a ground-breaking deal with ReNew Power, India’s leading renewable energy company by installed capacity. The agreement entails the supply of 1.2 Giga Watts (GW) of string inverters, making it one of the largest deals in the solar inverter industry. With a contract value of close […] Read more
SafEarth Nets Rs 35 Million Funding From Anthill Ventures, Others Updated On Thu, Jun 22nd, 2023 by Saurenergy SafEarth, a technology platform for adoption of renewable energy in India has today announced the successful completion of its recent funding round of 35 Million (Rs 3.5 crore). The funding was led by Anthill Ventures, Third Derivative and Mumbai Angels. This investment will fuel SafEarth’s product development initiatives and support its expansion into new industrial […] Read more
Lithium Market Size To Grow By 1,066.47 Thousand From 2022 To 2027: Report Updated On Thu, Jun 22nd, 2023 by Saurenergy A latest global market research report on Lithium claimed that the international lithium market size is estimated to increase by 1066.47 thousand t from 2022 to 2027. Global market research company Technavio released the report. The Global Lithium Market 2023-27 report claimed that the market’s growth momentum would progress at a Compound Annual Growth Rate […] Read more
