BluPine Wins 100 MW & ACME Bags 500 MW in RUVNL Tender Updated On Thu, Aug 10th, 2023 by Saurenergy Rajasthan Urja Vikas Nigam Limited’s (RUVNL’s) tender for the development of 1200 MW of solar with storage projects has declared BluPine Energy and ACME as winners. While BluPine bagged a quantity of 100 MW at INR 6.68/Kwh, ACME won 500 MW out of the quoted 600 MW at INR 6.69/kWh. The auction was held in […] Read more
Tata Power Reports 29% Growth In PAT In Q1 YoY Updated On Wed, Aug 9th, 2023 by Saurenergy Tata Power today announced its financial results for Q1 of FY24. The Indian power company reported a 29 percent growth in its consolidated Profit After Tax (PAT). Its net profit stood at Rs 884 crore during Q1 of FY 23, which notched up to Rs 1,141 crore during the Q1 of FY24, registering a 29 […] Read more
LOHUM & Vecmocon Partner to Power 100,000 LIB-Enabled EVs Updated On Wed, Aug 9th, 2023 by Saurenergy Producer of sustainable energy transition materials and Vecmocon, an Indian EV intelligence company backed by Tiger Global & Blume Ventures, have partnered to accelerate EV battery adoption and enable easy financing. The partnership aims to accelerate second-life battery use and power 100,000 LIB-enabled EVs over two years with AI-powered Battery Management System (BMS) by determining […] Read more
Tata Power Signs MoU With Maharashtra For 2800 MW of PSP Updated On Wed, Aug 9th, 2023 by Saurenergy Tata Power has signed a Memorandum of Understanding (MoU) with the Maharashtra government to develop Pumped Hydro Storage Projects (PSP) with a combined capacity of 2800 MW. The power firm said these projects will likely see an investment of around Rs 1300 crore. The company shared the information in its latest filing before the Bombay Stock Exchange […] Read more
Punith Kumar U Takes Over as Head of Marketing at Battery Firm Log9 Updated On Tue, Aug 8th, 2023 by Saurenergy A deep technology and advanced battery technology firm, Log9 has onboarded Punith Kumar U as the Head of Marketing. Punith brings with him an extensive experience in fostering business expansion, strategic scheming, effective marketing, and crafting brands across diverse industry segments. Punith has played a pivotal role in co-founding Azani (later acquired by Cultsport) and […] Read more
NTPC Gung Ho On Renewables Targets, Sees Bigger Opportunities Open Up Updated On Mon, Aug 7th, 2023 by Saurenergy National Power Utility NTPC Limited has been in the news for all the right reasons recently. A soaring stock price has been driven by rising power demand, which has meant higher utilisation of NTPC’s coal power fleet, even as NTPC itself has extracted almost 65% higher coal during the year gone by. That, plus a […] Read more
1 TW Renewable Potential in Egypt: A Game-Changer or a Distant Dream? Updated On Fri, Aug 4th, 2023 by Saurenergy Egypt has the potential to produce electricity capacity of 350 gigawatts (GW) from wind energy and 650 GW from solar energy, the Minister of Electricity and Renewable Energy Mohamed Shaker suggested at the fourth edition of the round table on the green hydrogen industry in Egypt, chaired by Egypt’s Prime Minister Mostafa Madbouly. The claim […] Read more
Singapore’s Temasek to Invest INR 12,000 Cr in Mahindra & Mahindra EV Arm Updated On Fri, Aug 4th, 2023 by Saurenergy Major automobile firm Mahindra and Mahindra Ltd (M and M) has revealed that investment firm Temasek, based out of Singapore, will be investing INR 1,200 crore in Mahindra Electric Automobile Ltd (MEAL), which is the Electric Vehicle (EV) subsidiary of Mahindra & Mahindra. The EV arm manufactures four-wheeled EVs. An agreement towards this has been […] Read more
MNRE Extends Deadline For Self Certification of Solar Inverters Updated On Thu, Aug 3rd, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has extended the deadline for self-certification of solar PV inverters up to December 31, 2023. This comes after the earlier deadline of June 30, 2023 lapsed a few days back. The ministry claimed that the decision was taken in the light of dearth of test facilities in […] Read more
