ACME Group Makes Rs 50,000 cr For Green Hydrogen Production in Karnataka Updated On Wed, Jun 8th, 2022 by Saurenergy Gurugram-based ACME Cleantech Solutions Private Limited has announced that it has signed a Memorandum of Understanding (MoU) with the state government of Karnataka where it has proposed the setting up of a sizeable green hydrogen and ammonia plant. ACME’s plan envisages that it will be investing Rs 51,865 crore ($6.7 billion) in Karnataka within five […] Read more
IEX Power Market Update for May – 80% Growth For Green Market Updated On Tue, Jun 7th, 2022 by Saurenergy In its May 2022 update, India’s premier energy exchange IEX (Indian Energy Exchange) informs that it 7596 MU of electricity volume in May’22 comprising 6680 MU in the conventional power market, 642 MU in the green power market, and 275 MU (2.75 lac Certificates) in the REC Market, registering 16% YoY growth across all the […] Read more
Energy Storage To Keep Pace With RE Installation In India – Fitch Ratings Updated On Tue, Jun 7th, 2022 by Saurenergy The success of renewable energy in any market largely depends on the energy storage capacity given the intermittency nature of it. The credit rating agency, Fitch Ratings, has said in its new report that power storage demand in India will expand at a rapid pace to stabilise the increasing variability on both the power supply […] Read more
We Should Soon Witness Large Solar+Storage Offgrid Setups In India. Updated On Fri, Jun 3rd, 2022 by Saurenergy The electric mobility space has been a hotbed for startups, who saw the opportunity in the green transition. It helped that the transition is calling for a virtual reinvention of multiple aspects of the way mobility was done, right from vehicles, to vehicle batteries, to charging and more. One such startup in the news has […] Read more
Vedanta Aluminium Commissions India’s Largest Li-Ion Forklifts Fleet Updated On Fri, Jun 3rd, 2022 by Saurenergy India’s largest aluminum producer and private sector miner, Vedanta Aluminium has announced commissioning India’s largest electric fleet of 27 forklifts. This electric fleet is powered by lithium-ion batteries. This is the first step in Vedanta Aluminium’s attempts to decarbonize its industrial vehicle fleet, and it was done in collaboration with GEAR (Gemini Equipment and Rentals […] Read more
Cipla is Expanding Its Renewable Energy Plant in Association with AMP Energy Updated On Fri, Jun 3rd, 2022 by Saurenergy Cipla Limited is adding 16MW to its 30MW solar plant capacity to meet the energy needs of manufacturing operations in Kurkumbh and Patalganga, as well as R&D units in Maharashtra. Cipla commissioned this 30MW solar plant last year (2021) in January at Tuljapur. For the commissioning of both projects, Cipla Ltd has done the partnership […] Read more
Fresh Highs In Renewable Power Generation Supported India During Coal Crisis Updated On Thu, Jun 2nd, 2022 by Saurenergy As India faced the worst power cuts in the last six years in April, 2022, the data released by the Central Government shows that there was record renewable energy production in the country which reduced the dependence on the coal and also helped the rise in the coal inventories. This happened even when there was […] Read more
Norway Launches New Renewable Energy Investment Fund For Developing Countries Updated On Thu, Jun 2nd, 2022 by Saurenergy South Africa is expected to get a fresh spell of investments in the renewable energy segment that will help the country to increase the green energy in its energy basket and decrease carbon emission. This is because Norway will make funds available from its climate investment fund to the developing countries for the development of […] Read more
Survey Finds Indian Companies Committed To Clean Energy Updated On Wed, Jun 1st, 2022 by Saurenergy Indian industries have, by and large, committed themselves to clean energy. According to the Energy Efficiency Investment Survey 2022 commissioned by ABB, 98% of the companies are either already investing or planning to invest in energy efficiency, while one-third of them plan to make improvements this year. The Survey was commissioned in the wake of a […] Read more
