Pumped hydro resurfaces when sun doesn’t shine and wind doesn’t blow Updated On Fri, May 6th, 2022 by Saurenergy When the sun doesn’t shine and the wind doesn’t blow, grid-scale energy storage will be a big challenge as climate neutrality increasingly presses for a massive scale-up. Pumped hydro is back and can catapult India into the big league to make up for the lost opportunities. Not just that, as we are seeing during the […] Read more
Ayana, Greenstat to Jointly Develop Green Hydrogen Projects in India Updated On Tue, May 3rd, 2022 by Saurenergy Ayana Renewable Power (Ayana) and Greenstat Hydrogen India have entered into a Joint Development Agreement (JDA) for the development of green hydrogen projects in India. Green Hydrogen is powered by renewable energy in the electrolysis process. Ayana Renewable Power is backed by National Investment and Infrastructure Fund (NIIF) and Greenstat Hydrogen India is a subsidiary […] Read more
NGSL Signs Pact With African Bloc For RE Development In Africa Updated On Mon, May 2nd, 2022 by Saurenergy NTPC GE Power Services Limited (NGSL) has inked a tripartite Memorandum of Engagement (MoE) with The Lake Region Economic Bloc (LREB), Kenya and Procorp Enertech Private Limited (PEPL) where the three entities will cooperate for the development of solar power projects in Africa. The official statement says that the MoE specifically envisages installations of ground […] Read more
The Top 5: Electric Three-wheeler Manufacturers in India Updated On Tue, Apr 26th, 2022 by Saurenergy The Indian electric vehicle segment, just like the rest of the world, has shown an enthusiastic uptick over the last few years. The country’s three-wheeler EV market is one of the segments with the highest potential in electric mobility as the country notched up a record 45 per cent share in total EV sales in […] Read more
E-mobility in Visakhapatnam, Tirupati gets BEE push Updated On Mon, Apr 25th, 2022 by Saurenergy The Union power ministry-led Bureau of Energy Efficiency has given its consent to the Andhra Pradesh energy department to retrofit existing engines of 200 auto rickshaws in Tirupati and 100 in Visakhapatnam with electric kits and swappable batteries. As a pilot project, three internal combustion engine autos were converted to electric in Tirupati and have […] Read more
“Land is governed not only by ownership but also by the nature of ownership on record and on the ground” Updated On Mon, Apr 4th, 2022 by Saurenergy When it comes to renewable projects in India, one of most critical yet underestimated aspects remains land acquisition. Always a sensitive issue in the country, land acquisition for renewable projects can be a really tricky issue for many developers, leading to long, and expensive project delays. While local land aggregation firms and individuals have always […] Read more
Greenko raises $750 M from bond sale to create energy storage facility Updated On Fri, Apr 1st, 2022 by Saurenergy Greenko Wind has raised USD 750 million from a global bond issue for creating an energy storage facility in Andhra Pradesh, company officials said on Thursday. The company secured pricing of 5.50 per cent for its USD 750 million green bond issuance after starting the roadshows on Wednesday, bankers said. The bonds, raised by Greenko […] Read more
Discom Debt Rises to Over Rs 109,000 crore in March: Power Ministry Updated On Thu, Mar 31st, 2022 by Saurenergy The PRAAPTI portal of the Ministry of Power has revealed the debt of the power distribution companies is rising fast. Overall Discom debt levels, far from dropping, continues to rise. PRAAPTI stands for Payment Ratification and analysis in power procurement for bringing transparency in invoicing of generators. The data reveals that at the end of […] Read more
Arcelor Mittal, Greenko In $600 million deal for 975 MW RTC power Updated On Wed, Mar 23rd, 2022 by Saurenergy In one of the largest corporate deals to mitigate carbon emissions in India, metals major ArcelorMittal has announced it will invest $600 million (Over Rs 4500 crores) to develop, in partnership with Hyderabad based Greenko Group, a 975-MW ‘round the clock’ renewable energy project in Andhra Pradesh. ArcelorMittal had declared plans to foray into green […] Read more
