India Has Potential For Another 23.7 GW of Clean Energy by 2026: GWEC Updated On Thu, Aug 25th, 2022 by Saurenergy The Global Wind Energy Council (GWEC) and MEC Intelligence have launched a report on “Renewing Wind Growth to Power the Energy Transition: India Wind Energy Market Outlook 2026”. This third annual edition looking at the wind energy outlook in India highlights wind energy’s critical link to India’s green energy transition. The outlook suggests that the […] Read more
IOC Wants Green Hydrogen To Meet 10% Of Energy Requirements By 2030 Updated On Wed, Aug 3rd, 2022 by Saurenergy State-owned Indian Oil Corporation (IOC) has said in its annual report that the multinational PSU wants to replace a tenth of its grey hydrogen produced with the use of fossil fuels in its refineries with green hydrogen which is carbon free. The decision is aimed at de-carbonization efforts of the company. Today, the petroleum refining […] Read more
ReNew Power Will Invest $8 Billion In Green Hydrogen in Egypt Updated On Tue, Aug 2nd, 2022 by Saurenergy Gurugram based ReNew Power has signed a Memorandum of Understanding (MoU) with the Egyptian government for the development of projects in Egypt for the production of green fuels. The General Authority for Suez Canal Economic Zone (SCZONE), the Sovereign Fund of Egypt (TSFE), the Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy […] Read more
Ayana To Invest Rs 12000cr for 2 GW RE Projects in Karnataka Updated On Thu, Jun 9th, 2022 by Saurenergy Ayana Renewable Power Pvt Ltd (Ayana) is expanding its green energy business in Karnataka as the company announced that it will set-up renewable energy projects totaling 2 gigawatts (GW) with an investment of Rs 12,000 crore. The official statement of Ayana said that the company has signed an expression of interest with the government of […] Read more
Energy Storage To Keep Pace With RE Installation In India – Fitch Ratings Updated On Tue, Jun 7th, 2022 by Saurenergy The success of renewable energy in any market largely depends on the energy storage capacity given the intermittency nature of it. The credit rating agency, Fitch Ratings, has said in its new report that power storage demand in India will expand at a rapid pace to stabilise the increasing variability on both the power supply […] Read more
South India’s Second Big Renewable Push Starts Now Updated On Mon, May 30th, 2022 by Saurenergy Introduction Back in 2014-15, when the new government of Prime Minister Modi first took stock, and hiked India’s renewable energy target 5 fold to 175 GW by 2022, a number of assumptions were made. From the share of solar (100 GW), to the share of rooftop solar within that (40 GW), Wind energy (60 GW) […] Read more
Power Ministry Plans Another Scheme To Solve The Discom Puzzle Updated On Thu, May 26th, 2022 by Saurenergy The Ministry of Power has informed that it’s working on a scheme that will help mitigate the financial woes of the Distribution Companies (Discoms) which are unable to pay their dues. This is crucial as the inability of Discoms to pay dues impacts the entire value chain of the power sector. Even the relatively young […] Read more
Andhra Pradesh And Adani Green Sign 60,000 Cr MoU Updated On Wed, May 25th, 2022 by Saurenergy Andhra Pradesh and Adani Green Energy signed a Memorandum of Understanding (MoU) on May 23 to set up two mega green energy projects at an estimated cost of Rs 60,000 crore in the State. Besides establishing a 3,700 MV hydro storage project, the renewable energy company will also set up a 10,000 MW Solar Power […] Read more
Vibrant Energy Strengthens Top Tier With Vinay Pabba As COO Updated On Mon, May 23rd, 2022 by Saurenergy Solar developer Vibrant Energy, a strong name in the C&I segment where it has pushed its opex model, has strengthened its senior management team. Backed by Macquarie Group, Vibrant Energy will look to Pabba as COO to grow and manage its portfolio of projects better. Pabba, an IIT Madras and XLRI Jamshedpur Alumni, is a […] Read more
