Saudi Researchers harvest water near solar panels to improve efficiency Updated On Thu, Mar 3rd, 2022 by Saurenergy Researchers at the King Abdullah University of Science and Technology in Saudi Arabia have come up with a novel technology where a solar panel is fitted with an additional system which can harvest water without consuming power from the panels. In the three months long trials, the system used day and night temperature differences and […] Read more
Mahindra Group to Invest Fresh Rs 3000 cr in EV Business Updated On Wed, Mar 2nd, 2022 by Saurenergy Leading Indian automaker Mahindra & Mahindra Ltd (M&M) has said that the company will invest Rs 3000 crore in the coming three years in the electric vehicle segment where it will combine its capabilities of all the current operations across the world. Managing Director and CEO Anish Shah said that the company has massive investment plans for […] Read more
UN’s Antonio Guterres backs quick transition to renewable energy Updated On Wed, Mar 2nd, 2022 by Saurenergy United Nations Secretary-General Antonio Guterres has called for a faster transition to renewable energy in order to combat the rising threats of climate change. He said, “Instead of slowing down the decarbonisation of the global economy, now is the time to accelerate the energy transition to a renewable energy future.” The UN Chief shared his views in a video message […] Read more
TotalEnergies bags 3GW offshore wind plans in New York & New Jersey Updated On Wed, Mar 2nd, 2022 by Saurenergy TotalEnergies, a French oil and gas major, has won maritime lease area OCS-A 0538 by the BOEM (Bureau of Ocean Energy Management) in the New York Bight auction held at the end of last week. This bid for the development of an offshore wind farm off the U.S. East Coast was won for a consideration […] Read more
“This fiscal we aspire to achieve 100 billion units in terms of volume”, says Rohit Bajaj, IEX Updated On Mon, Feb 28th, 2022 by Saurenergy Trading in India’s Green Day Ahead Market, ever since it started in October’21, and before that the Green Term ahead market (started in August 2020) has been on a growth path, hitting a high of 280 million units (MU) in January this year. Energy trading accounts for just 6% of the overall power market, with […] Read more
Wind Repowering in India Waits for a Favourable Wind Updated On Mon, Feb 28th, 2022 by Saurenergy The benefits of solar and wind energy as clean alternatives to oil, coal and gas are well established globally. Though many countries started their solar journey early, India’s solar-energy build-up has been consistently gathering momentum over the last decade, with the last five years seeing a sharp spurt. The wind energy sector, on the other […] Read more
Fortum, BSES Yamuna Power Launch EV Chargers with Load Balancing Updated On Mon, Feb 28th, 2022 by Saurenergy Fortum Charge & Drive India on Friday said it has partnered with BSES Yamuna Power Ltd to launch a first-of-its-kind pilot project on load balancing in India. The pilot project will focus on serving intelligent distribution of available load among chargers and Electric Vehicles (EVs), a statement said. “Fortum Charge & Drive India Pvt. Ltd., […] Read more
ReNew Power Q3 Results, Revenues jump 25% but losses mount too Updated On Mon, Feb 28th, 2022 by Saurenergy The Nasdaq listed ReNew Energy Global (ReNew Power) has announced its results for the Third Quarter (Q3 FY22) and Nine Months of Fiscal 2022, both ended December 31, 2021. Operating Highlights: The commissioned capacity of the Company increased by 1.1 GW during Q3 FY22 of which 0.8 GW was added organically. As of December 31, […] Read more
Azure Power Q3 Results See Losses Narrow, Generation Up 36% Updated On Mon, Feb 28th, 2022 by Saurenergy Azure Power Global Limited (Azure Power), which is listed on the NYSE, has announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the third quarter of fiscal 2022, ended December 31, 2021. Operating Highlights: Megawatts (“MWs”) Operating* were 2,523 MWs, as of December 31, 2021, an increase of 37% over December 31, 2020. […] Read more
