Rising Green Energy in a Grid: Lessons From Australia Updated On Mon, Nov 18th, 2024 by Saurenergy Green energy is poised to dominate power grids globally, but several challenges must be addressed to achieve its full potential. Australia’s solar expansion serves as a prime example of effective solar power integration into an energy mix. Australia now boasts 25 GW of rooftop solar capacity across four million installations. Across the National Electricity Market […] Read more
NLC India Plans To Go For IPO For Its Renewable Arm In FY26 Updated On Thu, Nov 14th, 2024 by Saurenergy Power Generation PSU NLC India Limited (NLCIL) is gearing up to launch the Initial Public Offering (IPO) of its green energy arm in the next financial year. In its latest investor call, the top management revealed that the company plans to proceed with the IPO of its renewable energy division within a specific time period. […] Read more
India, SE Asia Host 15% Of Global Clean Energy Manufacturing Jobs: IEA Updated On Wed, Nov 13th, 2024 by Saurenergy While most emerging and developing economies face structural barriers to attracting new clean energy manufacturing jobs, India and Southeast Asia have fared relatively well on this front, according to a latest report by the International Energy Agency (IEA). Clean energy manufacturing jobs in this region represent nearly 15% of the global total. Several other countries, […] Read more
RE Push Can Lead To 24% Dip In Coal Power Generation By 2030: CEEW Study Updated On Fri, Nov 8th, 2024 by Saurenergy India’s current climate policies are already helping bend its long-term emissions curve and are projected to reduce CO2 emissions by almost 4 billion tones between 2020 and 2030, a latest report from the Council on Energy, Environment and Water (CEEW) said. This reduction is equivalent to nearly 1.6 times the European Union’s CO2 emissions in […] Read more
Vanilla To BESS: Share of Energy Storage Tenders Goes From 5% To 23% In 10 Ys Updated On Fri, Nov 8th, 2024 by Saurenergy From plain vanilla tenders to Firm and Dispatchable Renewable Energy (FDRE), the Indian tendering system has come a long way. Since 2020, demand for energy storage has surged. With nearly a quarter of tenders now requiring energy storage, the need for Energy Storage Systems (ESS) is gaining momentum. SBI CAPS, in its latest report on […] Read more
Noida International Airport Set To Boost Renewable Energy Usage Updated On Thu, Nov 7th, 2024 by Saurenergy Noida International Airport (NIA), today entered into a partnership with Tata Power, an integrated power company, to incorporate renewable energy into the aviation company. Under this arrangement, Tata Power Trading Company Ltd. (TPTCL) plans to supply 10.8 MW of wind power to NIA, sourced from Tata Power Renewable Energy Ltd. (TPREL). Additionally, TPREL plans to […] Read more
JSW Renewable, China’s SANY Seal Licensing Deal Formally Updated On Wed, Oct 30th, 2024 by Saurenergy JSW Renewable Technologies Two, a subsidiary of JSW Renewable energy, has entered into a technology licensing agreement with Chinese Wind turbine maker SANY Renewable Energy to manufacture wind turbine blades in India for its captive use. The company entered the formal agreement after eight months with the initial announcement made in March 9 this year. […] Read more
IFC Partners With ACWA Power to Support Uzbekistan’s Energy Transition Updated On Wed, Oct 30th, 2024 by Saurenergy IFC announced today a $240 million Islamic Equity Bridge Loan (EBL) financing for ACWA Power to support the development of Uzbekistan’s renewable energy sector on the sidelines of the 8th Future Investment Institute conference at Riyadh in Saudi Arabia. IFC’s financing will support the construction and operation of two projects, with a cumulative capacity of […] Read more
Ramakrishna Forgings Invests Rs.12.90 Cr In Green Energy Deal With AMP Energy Updated On Mon, Oct 28th, 2024 by Saurenergy Ramakrishna Forgings, a metal forming company, recently made an investment of Rs. 12.90 crore in the form of equity and debentures in AMP Energy C&I Fifteen. The Kolkata-based company entered into Share Subscription and Shareholders Agreements, along with other relevant agreements, with the AMP Energy subsidiary for the procurement of solar power under a captive […] Read more