Tata Power, TN Sign MoU For 4 GW Solar Cell Manufacturing With Rs 3,000 cr Investment Updated On Mon, Jul 4th, 2022 by Saurenergy Tata Power announced on July 4 that it has signed an MoU with the Tamil Nadu Government where the former will set up a greenfield 4GW solar cell and 4GW solar module manufacturing unit against the investment of Rs 3000 crore in Tirunelveli in the state. The MoU was signed by S Krishnan, additional chief […] Read more
Kinetic Green Energy And Cholamandalam Sign Pact To Finance EVs Updated On Mon, Jul 4th, 2022 by Saurenergy Pune based EV manufacturer Kinetic Green Energy on July 4 announced that the buyers can finance their EVs with Cholamandalam Investment and Finance Company, Chennai-based Murugappa Group’s financial services arm. Both the companies having entered into an agreement, under which the customers can avail themselves of getting the EVs financed by Chola. Kinetic manufactures both electric […] Read more
Websol Energy To Set Up 1.8 GW Solar Cell And Module Facility Updated On Mon, Jul 4th, 2022 by Saurenergy To give a major boost to its manufacturing capabilities, Websol Energy System has said that it will be setting up a new manufacturing plant for solar cells and modules in near future. This will have a capacity to produce up to 1.8 GW of solar panels. Industry experts see it as a step towards self-reliance […] Read more
Dubai Setting Sights At Scoring14% Of Its Energy From Renewables By The End Of 2022 Updated On Mon, Jul 4th, 2022 by Saurenergy Saeed Mohammed Al Tayer, Managing Director and Chief Executive Officer of Dubai Electricity and Water Authority (DEWA), has said that Dubai will increase the share of renewable energy in the energy mix of the city to 14% by the end of this year (2022). He said that the new target is aimed at increasing the […] Read more
Log9 Materials Showcases It’s Full EV Range At Expo Updated On Mon, Jul 4th, 2022 by Saurenergy Bengaluru-based Electric vehicle startup Log9 Materials, with its indigenously-developed innovations/technology-based solutions for the EV, energy storage, and other allied domains (Last-Mile Delivery) is in hyper active mode. From multiple partnerships, to participating in industry expos, to even investments in other startups, the firm and its founders have been very busy lately. At a recent green […] Read more
Rajasthan And NTPC Sign MoU To Develop 10 GW Renewable Energy Park In State Updated On Mon, Jul 4th, 2022 by Saurenergy NTPC Renewable Energy Ltd (NREL) and Rajasthan Government signed on July 1 an MoU for a 10 GW ultra mega Renewable Energy Power Parks (UMREPP) to be developed in Rajasthan. The MoU was signed at a ceremony held on Friday in the presence of Rajasthan Energy Minister Bhanwar Singh Bhati. Since it was formed on […] Read more
Irish Study Says Rooftop Solar Panels Can Produce 1/4 th Of Total Electricity Needed Updated On Fri, Jul 1st, 2022 by Saurenergy A quarter of total electricity needed by Irish households can be produced by installing solar panels on the domestic rooftops. Conducted by the climate scientists at University College Cork, Ireland, this was the conclusion of the study after the team had thoroughly examined every rooftop in the country using satellite imagery and weather data for […] Read more
Regulator Extends Rs 12 Cap On Traded Electricity To Sep 30 On Power Exchanges Updated On Fri, Jul 1st, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC), which had in an order on May 6 directed the Power Exchanges to cap power trading prices at Rs 12 till June 30, has extended the order to September 30 now. The order applies to trading in the Day Ahead market (DAM including Green DAM), RTM, Intra-day, Day Ahead […] Read more
Statkraft Increases Renewable Energy Targets, Chases Faster Growth Updated On Thu, Jun 30th, 2022 by Saurenergy Norway’s state owned renewable energy player Statkraft has updated its growth strategy for renewable energy with a new, more ambitious targets towards 2030. The official statement of Statkraft reveals that the strategy increases the annual growth rate for onshore wind, solar and battery storage from 2.5-3 GW in 2025 to 4 GW in 2030. Statkraft […] Read more