Solar Array Installation at a Space Station by NASA and ESA Updated On Fri, Jun 25th, 2021 by Saurenergy Solar panels are powering the spacewalks of astronauts for the first time at the International Space Station. Astronauts Shane Kimbrough from NASA (National Aeronautics and Space Administration) and Thomas Pesquet from ESA (European Space Agency) completed the deployment of a new ISS Roll-Out Solar Array (iROSA) on the far end of the left (port) side […] Read more
Electric Bus Market to Grow at 13.9% CAGR Through Policies & Incentives Updated On Fri, Jun 25th, 2021 by Saurenergy The worldwide shift towards sustainable mobility has compelled the governments to bring green policies to eliminate carbon emissions and incentivize electric vehicles (EVs) for faster adoption all across the world. A recent analysis by Frost & Sullivan finds that the growing adoption of electric transit buses, driven by pro-green government policies, has enabled global sourcing […] Read more
Fortum Divests 500 MW Indian Solar Assets To Investor Actis Updated On Wed, Jun 23rd, 2021 by Saurenergy Actis, the global emerging markets investment firm focused on the private equity, energy, infrastructure, and real estate asset classes is acquiring 500 MW assets of Finnish firm Fortum in India. The news was first reported in business daily, Economic Times. Actis has a growing portfolio of investments across Asia, Africa, and Latin America and US$12 […] Read more
NTPC Q4 results Strong, Renewables Take Centre Stage for Future Updated On Tue, Jun 22nd, 2021 by Saurenergy NTPC ended fiscal year 21 with a renewable capacity of 1.86GW, aims for 60GW by 2032 NTPC Limited, announced its Q4FY21 numbers on Saturday. The state-owned power company reported strong results, partly due to the base effect of low power demand from last year’s Covid hit demand. In the previous fiscal year, net profits were […] Read more
JSW Steel, CSIR-NCL, Scotland Join ‘India H2 Alliance’ Updated On Thu, Jun 17th, 2021 by Saurenergy The India H2 Alliance has expanded its membership with the inclusion of JSW Steel, which joins the IH2A energy transition coalition as the Steel and Cement Work Group lead, along with two government agencies – CSIR-National Chemicals Laboratory (CSIR-NCL) and Scottish Development International (SDI), the international arm of the Scottish Government; and three national sustainability […] Read more
Settle at 6% Or 12%? The Curious Case of 4 Cases Of Tangedco Delays Updated On Wed, Jun 16th, 2021 by Saurenergy 4 recent orders passed at the Tamil Nadu State Electricity Regulatory Commission (TNERC) drew our attention recently. All four involved wind energy operators with the same complain against the state disco, TANGEDCO. In each case, the discom had delayed payments to the generators, following which, they had approached the state commission for redressal. In all […] Read more
Impact of Global Shift of Funds Away From Fossil Fuels on India: IEEFA Updated On Tue, Jun 15th, 2021 by Saurenergy The International Energy Agency’s (IEA) Net Zero Emissions (NZE) roadmap by 2050 is compatible with the Paris goal of restricting the temperature increase to below 1.5 degree Celsius. As per the NZE roadmap, the use of unabated fossil fuels declines sharply to just over a fifth of the total energy supply. More than two-thirds of […] Read more
HPCL Tenders For Solar Power Plants At Three Locations Updated On Mon, Jun 14th, 2021 by Saurenergy PSU oil maor and ONGC subsidiary Hindustan Petroleum Corporation Limited (HPCL) has issued a tender for the supply of solar PV power plants at three different locations of HPCL. The scope of work includes operation & maintenance of the solar PV plants immediately after successful commissioning at Vadodara Terminal, Bihta in Bihar, and Kanpur Terminal, […] Read more
Amit Jain takes Over As Global CEO At Sterling And Wilson Solar Updated On Mon, Jun 14th, 2021 by Saurenergy India-based Global Solar EPC leader Sterling and Wilson Solar Limited (SWSL) / Company) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), has announced the appointment of Amit Jain as Global CEO. He succeeds Bikesh Ogra, who relinquished the position with effect from 31st May 2021. Ogra will continue as a Director on the Board of the […] Read more
