REC Ltd, NIIFL collaborate on funding solutions for renewable energy, other infra projects Updated On Mon, Jan 29th, 2024 by Saurenergy REC Limited has signed a Memorandum of Understanding (MoU) with the National Investment and Infrastructure Fund Limited (NIIFL) to collaborate on a suite of funding solutions for “Renewable Energy Projects” as well as large-scale infrastructure projects in India. REC Ltd is a Maharatna CPSE and also a leading NBFC that comes under the ambit of […] Read more
Trina Storage Secures Position in BNEF Tier 1 List for Q1 2024 Updated On Wed, Jan 24th, 2024 by Saurenergy Trina Storage, an energy storage solution provider, has been included in the esteemed Bloomberg New Energy Finance (BNEF) Energy Storage Tier 1 List for the first quarter of 2024. BNEF stands as a reputable industry research organisation in the field of new energy, recognised for its credibility and expertise. The BNEF list aims to clearly […] Read more
AM Green, Envision Energy Join Hands For Wind, Green H2 Projects Updated On Wed, Jan 24th, 2024 by Saurenergy Envision Energy International, and AM Green, a hydrogen and green ammonia venture wholly owned and controlled by the founders of Greenko Group, signed a Memorandum of Understanding (MOU) to partner in the manufacture of wind turbines for AM Green’s clean energy projects in India and to collaborate on green hydrogen projects. The MOU was signed recently […] Read more
Reliance To Build Green Energy Giga Complex Spread Across 5,000 Acres in Jamnagar Updated On Mon, Jan 22nd, 2024 by Saurenergy Reliance Industries Limited has commenced the construction of Green Energy Giga Complex in Jamnagar in western state of Gujarat. The complex is built across 5,000 acres of land in the Gujarat town, read the press release by the company. The Dhirubhai Ambani Green Energy Giga Complex will have five giga factories for Photovoltaic panels, Fuel […] Read more
Battery Usage In Transport, Power Can Abate 60% Energy Needs: Report Updated On Thu, Jan 18th, 2024 by Saurenergy A recent report by Rock Mountain Institute (RMI) found that increase usage of battery in transportation can reduce fossil fuel requirements up to half. The report found, “Demand is growing on an S-curve. Battery sales have been doubling every two to three years, and we are on track for a six to eight times increase […] Read more
5 Ways Lower Storage Costs Will Affect Solar Deployment Updated On Tue, Jan 16th, 2024 by Saurenergy Ever since 2015, when solar started being added at scale every year, all stakeholders have known the biggest challenge it will ultimately face. Intermittency. Or more simply, what to do when the sun goes down. That is why cheap and efficient storage has been considered almost like the golden key that will unlock solar possibilities […] Read more
Germany’s Renewable Energy Capacity Increased By 12% YoY Updated On Tue, Jan 9th, 2024 by Saurenergy The Bundesnetzagentur, a German energy regulatory office in its preliminary figures on growth in renewable capacity in 2023, found an increase in Renewable Energy (RE) installed capacity by 17 gigawatts (GW). This represents a year-on-year (YoY) increase of 12%. The increase is mainly accounted for by solar and wind. According to this data shared by Bundesnetzagentur […] Read more
Green Energy, EVs To Drive India’s GDP Growth, Estimates EY Report Updated On Tue, Jan 9th, 2024 by Saurenergy Ernest and Young (EY), in its latest report, said that the green energy industries and electric vehicles could prove to be triggering factors, driving India’s total GDP growth by 2047-48. The report states that this can also pave the way for India’s transition to a developed economy with a rise in the per capita income. The […] Read more
PM Launches Lakshadweep’s On-grid Solar Project With Battery Storage Updated On Wed, Jan 3rd, 2024 by Saurenergy Indian Prime Minister Narendra Modi inaugurated the first on-grid solar project with a Battery Energy Storage System (BESS) today in Lakshadweep. Developed by the Solar Energy Corporation of India (SECI), this initiative spans the islands of Kavaratti and Agatti, boasting a combined solar capacity of 1.7 MW and a sophisticated 1.4 MWh battery storage facility […] Read more
