Home Energy Consumption In India to Triple By 2050, Says EIA Report Updated On Mon, Oct 16th, 2023 by Saurenergy The US Energy Information Administration (EIA), in its energy outlook report for 2023, has come out with a number of projections and scenarios that might surprise people. Not least of which is the attention to India, which the report projects, will become the world’s largest solar market by capacity additions, overtaking China and the US, […] Read more
Critical To bring Quality Standards Within The Solar Energy National Ecosystem Updated On Mon, Oct 16th, 2023 by Saurenergy India’s commitment to achieving net-zero status by 2070, along with its pursuit of a greener transition, underscores the critical significance of solar power within portfolio of renewable energy. In a nation where approximately 5 billion GWh of energy is incident per year, with many regions receiving between 4 to 7 kWh per square meter daily, […] Read more
India Requires $350-400bn For Its Clean Energy Ambitions: Report Updated On Thu, Oct 12th, 2023 by Saurenergy A latest KPMG report said India would require around USD 350-400 billion annually by 2047 for its clean energy ambitions. The report was released recently under the presence of Union Minister Hardeep Singh Puri in New Delhi. The report said the need for high-speed and large-scale energy transition offered investment opportunities. It said climate change […] Read more
Finnish Energy Tech Firm Capalo AI Raises Pre-Seed Funding Worth €500,000 Updated On Wed, Oct 11th, 2023 by Saurenergy Finnish energy tech startup Capalo AI has raised €500,000 in pre-seed funding. The funding round was led by Innovestor Tech Fund, with Inventure also participating. Capalo AI will use the funding to further develop its virtual power plant (VPP) and multi-market optimization AI, as well as scale up its team with talented mathematicians and cloud service professionals. With the […] Read more
ISTS Network: CERC Allows DMRC To Transition From GNA to GNA(RE) Updated On Mon, Oct 9th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest suo motto order, allowed the Delhi Metro Rail Corporation Ltd (DMRC) to transition from General Network Access (GNA) to GNA-Renewable Energy (RE). It was allowed under the CERC (Connectivity and General Network Access to the Inter-State Transmission System) Regulations 2022. The order came to the fore when […] Read more
Energy Modeling Platform PLEXOS Signs Up Tata Power In India Updated On Fri, Oct 6th, 2023 by Saurenergy Australia based Energy Exemplar, a developer of the PLEXOS modeling platform, has signed a one-year deal with Tata Power Ltd, India’s largest integrated power company, which will use the platform to optimize its power portfolio and undertake round-the-clock renewable energy modeling in a one-year deal. Formerly called Drayton Analytics, Energy Exemplar calls PLEXOS the mot […] Read more
Canada’s Brookfield Asset Management Adds $845 Mn for JV with Axis Energy Updated On Fri, Sep 29th, 2023 by Saurenergy Canadian investor in renewable energy, Brookfield Asset Management has announced a second joint venture with Telangana-headquartered clean energy firm, Axis Energy Ventures. Brookfield Asset Management will invest worth $845 million in solar and wind energy projects of the Indian firm. The investment is being made from the Brookfield Global Transition Fund II to accelerate countrywide […] Read more
Amara Raja Batteries Limited Is Now Amara Raja Energy & Mobility Limited Updated On Thu, Sep 28th, 2023 by Saurenergy Two years ago, Amara Raja Batteries Limited (ARBL), which delves in industrial and automotive battery sector (listed as BSE: 500008 and NSE Code: AMARAJABAT), announced to direct its focus beyond batteries and address the larger energy and mobility space. The firm has now capped off the journey with the official name change to Amara Raja […] Read more
Tata Power Renewable Energy Ltd & Dugar Power Partner for Nepal’s Renewable Energy Updated On Thu, Sep 21st, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a subsidiary of the Tata Power Company Limited and a leading renewable energy player in India, has signed an agreement with Dugar Power Private Limited (Dugar Power), a subsidiary of Dugar Group- a prominent business house in Nepal. The agreement is designed to cater to Nepal’s diverse energy requirements, […] Read more
