Tirupati Temple, NTPC to sign MoU for solar projects Updated On Thu, Mar 3rd, 2022 by Saurenergy The world renowned Tirumala Tirupati Devasthanams (TTD) or ‘Tirupati Temple’ situated in Andhra Pradesh will sign a Memorandum of Understanding (MoU) with NTPC Vidyut Vyapar Nigam Limited (NVVN) to commission solar photovoltaic power projects. These projects are going to come up at Tirumala and Tirupati. The temple administration will purchase solar energy generated from these […] Read more
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
Honeywell’s 20 MW ESS For Hecate Energy in New Mexico Updated On Tue, Mar 1st, 2022 by Saurenergy Honeywell has confirmed it will supply Hecate Energy with an Energy Storage System (ESS) for a solar park located on the Jicarilla Apache Nation in Northern New Mexico. When completed later this year, the 50-megawatt (MW) solar farm will be capable of supplying enough electricity to power up to 16,000 average New Mexican homes for […] Read more
CERC nod for hydropower contracts in GTAM for HPO Compliance Updated On Mon, Feb 28th, 2022 by Saurenergy In a recent ruling, the Central Electricity Regulatory Commission (CERC) has granted approval to the Indian Energy Exchange Limited (IEX) to introduce hydropower contracts in Green Term-Ahead Market (GTAM) on its platform to facilitate the compliance of Hydropower Purchase Obligation (HPO) by obligated entities. The Ministry of Power (MoP) has set a target of 30000 […] 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
