Coal Plant Closures Imminent as Renewable Energy Surges in Australia: IEEFA Updated On Fri, Feb 26th, 2021 by Saurenergy Several coal power plants in the National Electricity Market likely to be financially unviable by 2025 (IEEFA Australia): Several of the 16 coal power plants in the National Electricity Market (NEM) will be financially unviable and at least one is likely to face closure several years sooner than planned due to coal plants’ poor flexibility […] Read more
Triton EV Signs MoU With BEL to Develop EV Opportunities in India Updated On Tue, Feb 23rd, 2021 by Saurenergy The US-based new subsidiary of Triton Solar, Triton EV, has announced its expansion plans in India with its manufacturing facility set up for electric vehicles (EVs) and energy storage systems. “We have announced the availability of SUV Model H and Triton EV Sedan Model N4. Very soon, we will showcase these Triton EVs for Indian […] Read more
EV Startup Matter Invests in EV market, Aiming $1 billion Turnover by 2025 Updated On Mon, Feb 22nd, 2021 by Saurenergy Gujrat based EV and energy storage technology startup, Matter expects to achieve a turnover of USD 1 billion (over Rs 7,250 crores) by 2025, a top company official stated. The company has invested USD 3 million (over Rs 20 crores) so far. Matter will be launching its lithium-ion batteries for solar and renewable management by […] Read more
Global Offshore Wind Energy Market Size to Reach USD 81 Billion by 2030 Updated On Thu, Feb 18th, 2021 by Saurenergy A new report by insightSLICE has found that the global offshore wind energy market size was USD 23 billion in 2019 and has predicted that the market will reach USD 81 billion by 2030 at a CAGR of 12 percent. According to International Energy Agency (IEA), the offshore wind generation turbines with capacities reaching a […] Read more
Trimark Wins SCADA Mandate for 2165MWh Terra Gen Storage Project Updated On Thu, Feb 18th, 2021 by Saurenergy Trimark Associates, has won the rights to the SCADA portion of the Edwards & Sanborn project, the world’s largest solar-plus-storage (PV+BESS) project currently under construction. Located in Kern County, California, the project weighs in at 1,118 megawatts (MW) of solar and 2,165 megawatt-hours (MWh) of energy storage. The project is owned by Terra-Gen, while Mortenson Construction acts as the Engineering, […] Read more
Inox Wind Bags 62 MW Order to be Developed Across Gujarat and Karnataka Updated On Wed, Feb 17th, 2021 by Saurenergy Inox Wind has received new orders for the supply and installation of wind turbine generators of 62 MW capacity across Gujarat and Karnataka Inox Wind, leading wind energy solutions provider, has announced that it has received new orders for the supply and installation of wind turbine generators of 62 MW capacity from Independent Power Producers […] Read more
KPTL Announces Q3 FY21 Results, Reports PAT of Rs 308 Crore Updated On Mon, Feb 15th, 2021 by Saurenergy KPTL has reported revenue growth of 11% YoY to Rs 3501 crore in Q3FY21, and a strong PAT growth of 132 percent YoY to reach Rs 308 crore. Kalpataru Power Transmission Limited (KPTL) has issued its financial results for the quarter ended December 31, 2020, reporting revenue growth of 11 percent YoY to Rs 3501 […] Read more
Gulf Oil Lubricants to Explore EV Charging Options, with Gulf Oil International Updated On Fri, Feb 12th, 2021 by Saurenergy Mumbai based Hinduja Group, lubricant manufacturing, and marketing company, Gulf Oil Lubricants India has announced its partnership with Gulf Oil International to explore and invest in electric vehicle charging opportunities. Gulf Oil Lubricants India Ltd (GOLIL) has signed an agreement with Gulf Oil International (GOI) to participate and co-invest in Gulf Oil International’s recent investment […] Read more
Azure Power Post Q3 FY21 Results, Records net Loss of Rs 109 Crore Updated On Thu, Feb 11th, 2021 by Saurenergy Azure Power has announced its consolidated results for fiscal Q3 of 2021, reporting a net loss for the quarter of Rs 108.8 crore. Azure Power Global Limited, India’s only solar power producer listed in the US markets, has announced its consolidated results under the United States GAAP for the fiscal third quarter (Q3) of 2021, […] Read more
