REC Steps Up On Green Financing With 37.3% Growth In Renewable Energy Funding Updated On Mon, Oct 7th, 2024 by Saurenergy REC Limited, a maharatna CPSE under the Ministry of Power and a leading NBFC, has disbursed loans worth ₹90,955 crore, up 20.10% year-on-year for the half year ended September 30, 2024. The quantum of renewable energy loans grew 92.68% year-on-year to ₹11,297 crore. Notably, the firm raised the largest ever tranche of green binds from […] Read more
Google In Deals With Adani, Cleanmax For Clean Energy Deals In India Updated On Fri, Oct 4th, 2024 by Saurenergy In a busy week for Google in India, the global search and web giant inked agreements with the Adani Group as well as Cleanmax Enviro for supply of green energy to power operations here. Google Adani Tie-Up For Khavda Energy The Adani Group and Google are collaborating to further reduce Google’s carbon footprint. Under the […] Read more
NHPC, APGENCO Tie Up For 1.8 GW Renewable Energy Projects Updated On Mon, Sep 30th, 2024 by Saurenergy The National Hydroelectric Power Corporation (NHPC) and Andhra Pradesh Power Generation Corporation (APGENCO) recently entered into a Memorandum of Understanding (MoU) to form a Joint Venture Company (JVC). This collaboration aims at the implementation of a total of 1.8 GW renewable energy projects in the state. These projects include, Pumped Storage Hydro Power Projects and […] Read more
NLC India Aims To Add 10 GW Renewable Energy By 2030 Updated On Mon, Sep 30th, 2024 by Saurenergy NLC India Limited, a Navratna Public Sector Enterprise under the Ministry of Coal, Government of India, marked its 10th year of renewable energy generation in 2024. The company embarked on its renewable energy journey on September 28, 2015, by commissioning a 10 MW solar photovoltaic power plant in Neyveli. Primarily a lignite-based power-generating company, NLC […] Read more
The Australia Experience: How Energy Storage is Transforming National Grids Updated On Mon, Sep 30th, 2024 by Saurenergy Energy storage has undeniably emerged as a critical component in the growth of solar energy. For much of the last decade, high installation costs and the intermittent nature of renewable energy sources were major barriers to wider adoption. However, advancements in technology and government subsidies have significantly reduced these costs, with increased competition and production […] Read more
SaurEnergy Explains: BECCS – Bridging Energy Production and Carbon Removal Updated On Fri, Sep 20th, 2024 by Saurenergy The world is making urgent efforts to reduce carbon footprints across various industries by adopting measures such as shifting to renewable energy, reducing coal and petroleum use, and promoting sustainability. While many of these measures focus on cutting emissions, others, like carbon capture and storage (CCS), aim to trap existing carbon dioxide in the atmosphere. […] Read more
PFC Seeks Bids To Evacuate 3 GW Of Renewable Energy From Gujarat Updated On Thu, Sep 19th, 2024 by Saurenergy PFC Consulting released a tender requesting proposals for the selection of a transmission service provider through a tariff-based competitive bidding process. The tender invited bids to establish an inter-state transmission system to evacuate renewable power from Raghanesda, Gujarat, for 3GW under phase I. PFC set the 19th of November as the last date for bid […] Read more
Punjab To Monitor Energy Consumption Patterns of 6 Medical Colleges Updated On Thu, Sep 19th, 2024 by Saurenergy The Punjab Renewable Development Agency (PEDA) has now issued a tender to the installation of energy monitoring systems at six medical colleges in the state. Through this initiative, the state renewable energy agency has planned to monitor the power consumption patterns of these hospitals. The last date for submission of the tender is September 23. […] Read more
Torrent Power Wins 1,500 MW/12,000 Energy Storage Bid From MSEDCL Updated On Wed, Sep 18th, 2024 by Saurenergy Torrent Power Limited recently secured a 1,500 MW pumped hydro storage project from the Maharashtra State Electricity Distribution Co. Limited (MSEDCL). Under this mutually agreement provisions, Torrent Power will procure 1,500 MW/12,000 MWh of energy storage capacity from the pumped hydro storage (PSP) project. MSEDCL will provide a detailed Letter of Award (LOI) after obtaining […] Read more
