Adani to Acquire SB Energy’s 5 GW Portfolio in India’s Largest Renewables M&A Deal Updated On Wed, May 19th, 2021 by Saurenergy Adani Green Energy has signed agreements for the acquisition of 100 percent interest in SB Energy India from the SoftBank & Bharti Group Adani Green Energy Limited (AGEL), has announced that it has signed the share purchase agreements for the acquisition of 100 percent interest in SB Energy India from the SoftBank Group (80 percent) […] Read more
Adani Power Ltd Posts Rs 13.13 Crore Net Profit in Q4 2021 Results Updated On Fri, May 7th, 2021 by Saurenergy Adani Power Limited (APL), the power business subsidiary of Indian conglomerate Adani Group, yesterday recorded a consolidated net profit of Rs 13.13 crore in the March 2021 quarter, as opposed to, a BSE filing revealed, a consolidated net loss of Rs 1,312.86 crore in the quarter ended March 31, 2020. The reason for the pleasant result […] Read more
Adani Green Energy Posts 136% Increase in Cash Profit for FY21 Updated On Thu, May 6th, 2021 by Saurenergy Adani Green Energy, a part of the Adani Group, has announced its financial results for the quarter and financial year ended March 31, 2021. The company has reported strong numbers across its value chain including cash profit and awarded capacity in national tenders. Financial Performance: The firm reported that revenue from Power Supply in FY21 […] Read more
Investments Worth $810 Billion Expected in the Offshore Wind Sector This Decade Updated On Mon, May 3rd, 2021 by Saurenergy The combined capital and operational expenditure in the offshore wind sector for the decade is set to add up to a massive USD 810 billion A new report by Rystad Energy has predicted that the offshore wind industry’s global installed capacity will exceed 250 gigawatts (GW) by 2030, driven by a surge in coming projects. […] Read more
3.3 Million new Jobs in Wind Energy Sector by 2025: GWEC Updated On Fri, Apr 30th, 2021 by Saurenergy A new analysis by GWEC has detailed that 3.3 million new wind power jobs can be created globally over the next five years. A new analysis by the Global Wind Energy Council (GWEC) has detailed that 3.3 million new wind power jobs can be created globally over the next five years thanks to major industry […] Read more
Gridtential Produces Breakthrough AGM Battery With East Penn Manufacturing Updated On Wed, Apr 28th, 2021 by Saurenergy Gridtential Energy – an inventor and developer of Silicon Joule battery technology, has announced it is launching a series of groundbreaking AGM reference batteries produced on East Penn Manufacturing’s prototype line. The first offering is a single-block 24V lead battery optimized for deep-cycle applications. A 12V power version will follow later in Q2 2021, with […] Read more
Finance Needs to be at the Centre of India’s ‘Net Zero’ Discussion: IEEFA Updated On Fri, Apr 23rd, 2021 by Saurenergy India must exploit the growing pool of global capital as well as tap the resources of oil and gas majors pivoting to renewable energy With U.S. climate envoy John Kerry’s visit to India a rumour of a potential net zero announcement by India is doing the rounds. A recent flurry of reports and commentary has […] Read more
IIT-Guwahati Team Develops new Technique to Boost Li-ion Batteries Performance Updated On Fri, Apr 9th, 2021 by Saurenergy A new technique has been developed at IIT-Guwahati which can help boost the performance of Li-ion batteries that are widely used in EVs A new and advanced technique has been developed by a team of researchers at the Indian Institute of Technology – Guwahati (IIT) that can precisely estimate one of the most important internal […] Read more
Tata Power-DDL Powers up India’s 1st Grid-Tied Community Energy Storage System Updated On Tue, Mar 30th, 2021 by Saurenergy Tata Power-DDL has launched India’s first Grid-Connected Community Energy Storage System (CESS) in Rani Bagh, New Delhi. Tata Power-DDL, a leading Power Distribution utility supplying electricity to a populace of 7 million in North Delhi has announced that it has, in collaboration with Nexcharge, a joint venture between Exide India and Leclanché, launched India’s First […] Read more