Tata Power Reports 12% Increase in Profits, Citing Renewable Additions & Lower Losses Updated On Mon, Feb 3rd, 2020 by Saurenergy Tata Power has reported its profits grew 12 percent and stood at Rs 246 crore as compared to the corresponding quarter last year at Rs 220 crore. Tata Power has announced its financial results for the third quarter of the financial year 2020, reporting consolidate Profits After Tax (PAT) grew 12 percent and stood at […] Read more
Toyota, Panasonic Form JV Specialising in Prismatic Batteries Updated On Mon, Feb 3rd, 2020 by Saurenergy Toyota and Panasonic have decided to establish a JV specialising in automotive prismatic batteries with Toyota holding a majority 51 percent stake. Toyota Motor Corporation and the Panasonic Corporation have announced that they have decided to establish Prime Planet Energy & Solutions, a 51:49 joint venture (JV) specialising in automotive prismatic batteries. Toyota owns a […] Read more
Ørsted Planning to Become Carbon Neutral by 2025 Updated On Mon, Feb 3rd, 2020 by Saurenergy Ørsted plans to become carbon neutral by 2025, making it the first major energy company to reach net-zero emissions in its energy generation Ørsted, one of the leading offshore wind energy developers in the world, which was recently ranked the most sustainable company in the world, has now announced that it plans to become carbon […] Read more
Joule Helping 25,000 New York Households to Save Electricity Costs With RE Updated On Mon, Feb 3rd, 2020 by Saurenergy Joule Community Power has rolled out community choice aggregation programs to more than 25,000 households in seven communities in New York State. Joule Assets, via Joule Community Power, has rolled out community choice aggregation (CCA) programs to more than 25,000 utility account holders in seven communities in the New York State. The six towns that […] Read more
Battery Power Sharing, Swap Stations Could Make EVs Affordable Updated On Mon, Feb 3rd, 2020 by Saurenergy Researchers are working on a technology for sharing of battery power with other EVs and selling excess energy to the grid to make EVs more economical Researchers are working on two solutions for electric vehicles (EVs), including a technology that would allow sharing of stored battery power with another EV and even sell excess energy to make a fast […] Read more
Sales of Renewable Energy Certificates Down 29% in January Updated On Mon, Feb 3rd, 2020 by Saurenergy Sales of Renewable Energy Certificates declined by 29 percent to 5.7 lakh units in January compared to 8.05 lakh in the same month a year ago Sales of Renewable Energy Certificates (REC) declined by 29 percent to 5.7 lakh units in January compared to 8.05 lakh in the same month a year ago due to lower supply, according to […] Read more
Budget 2020 and Renewables. An Evolving Story Updated On Sun, Feb 2nd, 2020 by Saurenergy In the longest budget speech in history, the Finance Minister , Ms Nirmala Sitharaman managed to find a mention of the renewable sector, especially solar, at the beginning, middle and end, as it turned out. While the mention in the beginning was for the energy needs of farmers and the role of solar power, the […] Read more
Energy Storage Industry Sees New Opportunities in Sitharaman’s Budget 2020 Updated On Sat, Feb 1st, 2020 by Saurenergy Welcoming the Finance Minister Nirmala Sitharaman’s Union Budget 2020, which was tabled in the parliament today, the energy storage industry body India Energy Storage Alliance (IESA) has sought numerous opportunities in this year’s Budget for the energy storage sector. From Sitharaman’s second Union Budget, the energy storage industry analyzed that it will not only provide […] Read more
India Sets Sight for 450 GW RE Capacity by 2030: President Kovind Updated On Fri, Jan 31st, 2020 by Saurenergy India has embarked on an ambitious target of having 450 GW of renewable energy by 2030 to capitalise on its clean resources, President Ram Nath Kovind said India has embarked on an ambitious target of having 450 GW of renewable energy by 2030 and also provide 17 lakh solar pumps to farmers under Pradhan Mantri-Kusum […] Read more
