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
Overcoming Climate Change Risks: India’s Quest to Expand Offshore Wind Power Updated On Fri, Jun 23rd, 2023 by Saurenergy India is banking on wind power expansion to meet close to a third of its 2030 renewables target, with solar accounting for most of the rest. Importantly, the country is finally actively pushing for offshore wind power as it aims to achieve 30 GW of offshore wind energy capacity by 2030. With one of the […] 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
S&P Commodity Insights Top 10 RE Market Trends in 2023 Updated On Wed, Jun 21st, 2023 by Saurenergy Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on ‘The Ten Cleantech Trends in 2023’, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices--Though the reduction in the component prices […] Read more
Odisha Most Prone To The Adverse Impacts Of Net Zero Ambitions: Report Updated On Tue, Jun 20th, 2023 by Saurenergy A latest report by the Climate Policy Initiative (CPI) claimed that Odisha is the country’s most vulnerable state regarding the adverse impacts of India’s net-zero ambitious net-zero plans. The international think-tank, in their ‘vulnerability assessment report,’ studied the risks faced by India’s coal-bearing states. It comes with the anticipated phasing out of coal and an increase in […] Read more
PVH Signs Pact With L&T For Supply Of Solar Trackers For Saudi’s Green Hydrogen Plant Updated On Mon, Jun 19th, 2023 by Saurenergy PV Hardware (PVH), a leading global supplier of solar trackers, announced signing a contract with Larsen & Toubro (L&T) to supply solar trackers for a 2.97 GWp solar plant in Saudi Arabia. This plant is part of the world’s largest hydrogen plant powered entirely by renewable energy. The mega plant is located at Oxagon, in […] Read more
DOE Unveils $135 Million Investment to Propel Industrial Decarbonization in America Updated On Fri, Jun 16th, 2023 by Saurenergy The U.S. Department of Energy (DOE) has announced a substantial investment of $135 million in 40 projects aimed at industrial decarbonization, crucial in driving the nation towards a net-zero emissions economy by 2050. By advancing transformative and innovative technologies, these projects will play a significant role in decarbonizing the U.S. industrial sector. “America’s industrial sector […] Read more
Indian Investor, Others Help Australian Battery Startup Sicona To Raise AU$22m Funds Updated On Thu, Jun 15th, 2023 by Saurenergy Australian battery startup Sicona Battery Technologies (Sicona) has now announced raising AU $22 million in Series A funding, which will be used to further the company’s development plans in Australia and the United States. The $22 million investment was led by India’s Himadri Speciality Chemical Ltd, leading Australian venture capital investor Artesian, and Electrification & […] Read more
Southeast Asian Power Market On A Liberalisation Spree: Report Updated On Thu, Jun 15th, 2023 by Saurenergy The recent Global Market Outlook report on solar power by Intersolar Europe and Global Solar Council claimed that several countries in the Southeast Asian market are on a liberalization spree to reform their power sector. These reforms aimed to boost the production of renewable energy and its use to cater to the power needs of […] Read more
