Our Order Book Is Likely To Exceed 4 GW by March 2023 at Envision Energy India Updated On Fri, Dec 16th, 2022 by Saurenergy Envision Energy India has had a great run in the past few months, with order bookings for its Wind Turbine Generators hitting record levels of over 2.7 GW for projects over the next 25 months. With production capacity set to hit over 3 GW by Q2 2023, the future promises an exciting set of possibilities […] Read more
Indian Renewable Energy Sector Has Potential For $10 Bn Investment in 2023 Updated On Tue, Dec 13th, 2022 by Saurenergy India could draw close to $10 billion in renewable energy investment in 2023, which would be a positive given that public markets are still mostly closed to large-scale capital raising, according to Bank of America Corp’s top management. As investors aim to reflect the energy transformation in their portfolios, deals and investments will continue to […] Read more
South Africa Secures 975 MW of Solar Energy PPAs in 5th Tender Updated On Tue, Dec 13th, 2022 by Saurenergy South Africa seems to be gaining speed on renewables. The country has authorized power purchase agreements (PPAs) for a capacity of 975 MW of renewable energy projects under the ongoing Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The official statement of the government read, “Bid Window 6 asked for new generation capacity of 4,200 […] Read more
Energy Conservation Amendment Bill Passed By RS, Active Carbon Markets A Step Closer Updated On Tue, Dec 13th, 2022 by Saurenergy The Energy Conservation (Amendment) Bill has finally been passed by the Rajya Sabha after introduction by MNRE Minister R K Singh. The Bill that was passed in August 2022 in the Lok Sabha, seeks to amend the Electricity Conservation Act 2001. The new law paves the way for amendments such as issuing carbon saving certificates […] Read more
NTPC Allocates 5 GW to Green Hydrogen, Ammonia from its 2032 RE Targets Updated On Tue, Dec 13th, 2022 by Saurenergy State-owned power provider NTPC anticipates the employment of 5 GW of its 60 GW green portfolio objective by 2032 in the green hydrogen and ammonia market, according to Mohit Bhargava, Chief Executive Director of NTPC REL. As far as the hydrogen business is concerned, NTPC has already launched three pilot projects. One is based in […] Read more
NIIFL Signs Agreement with Tamil Nadu for Renewable Energy Projects Updated On Tue, Dec 13th, 2022 by Saurenergy The National Investment and Infrastructure Fund Ltd (NIIFL) has announced that it has signed an MoU with the Tamil Nadu Infrastructure Development Board (TNIDB) to attract investment in infrastructure development in the southern state. This will also include attracting commercial capital in the renewable energy sector. The State Government of Tamil Nadu has set up […] Read more
Saudi Arabia Announces 10 New Renewable Energy Projects Updated On Mon, Dec 12th, 2022 by Saurenergy The Kingdom of Saudi Arabia is mulling over the development of 10 new renewable energy projects in the country. According to reports, the new RE projects are aimed at enhancing the power generated from solar and wind sources and further reducing the use of fossil fuels – especially oil – to generate electricity. The new […] Read more
Solar Manufacturing Seeks A China Fix As Regions Push For Energy Security Updated On Mon, Dec 12th, 2022 by Saurenergy Solar manufacturing, until now synonymous with giant factories in China is now finding its roots in several new hotspots worldwide. Initiatives to boost solar manufacturing are being taken worldwide as the world has accelerated the efforts to shift to renewables in a bid to move toward a sustainable future. Notably, over the last decade, the […] Read more
Tata Power-DDL Wins Innovation with Impact Award at ICC Energy Summit Updated On Fri, Dec 9th, 2022 by Saurenergy Tata Power Delhi Distribution Ltd (TPDDL), a joint venture between Tata Power and the Government of Delhi, has secured the Innovation with Impact Award in the category of “Quality of Service and Customer Empowerment”. TPDDL was awarded at the 16th India Energy Summit, which was held in New Delhi and was hosted by the Indian […] Read more