Three Firms That Have Surprised Us With Their Plunge Into EV Charging Updated On Wed, Nov 9th, 2022 by Saurenergy The EV charging business–fueling a car with electric power rather than petroleum-based gas or diesel – has always been a loss for oil companies who are being dragged into the electric future. It may not be that way anymore. With an increase of EVs on roads, many old industrial mammoths, especially major oil firms, are […] Read more
Oorjan Cleantech Hits Milestone of Enabling 150 MW of Solar, $100 Mn Deployment Updated On Mon, Nov 7th, 2022 by Saurenergy The Mumbai-based green energy startup Oorjan Cleantech has achieved a significant milestone by deploying $100 million (USD) in green capital and enabling the installation of 150 megawatts of solar power in just four years. India has been working to adopt renewable energy quickly as part of its strategy to combat climate change (RE). India aims […] Read more
Panvel Municipal Corporation Floats Tender for Rooftop Solar at 5 Panvel Sites Updated On Mon, Nov 7th, 2022 by Saurenergy At a time when rooftop solar is gaining traction in Maharashtra, the Panvel Municipal Corporation (PMC) has come up with a tender seeking a contractor to install a rooftop solar power project at PMC’s five key properties in the city. The corporation has selected Adyakrantiveer Vasudev Basudev Phadke Natyagruha, Fire Office Building, Dr Ambedkar Bhavan, […] Read more
With 165 GW Achieved, Investment of Over $300 Bn Needed to Achieve Another 335 GW by 2030 Updated On Mon, Nov 7th, 2022 by Saurenergy India needs strategic investments of more than $300 billion to achieve its clean energy capacity target of 500 GW by 2030, Arthur D. Little (ADL) has postulated a new study. Further, the study states that with 165 GW generation capacity already in place, India is on the right trajectory to meet its goal of having […] Read more
Germany, Egypt Join Hands for Renewable Hydrogen Updated On Mon, Nov 7th, 2022 by Saurenergy Germany and Egypt have joined hands to partner for renewable hydrogen through an MoU. The agreement will also pave the way for bolstering trade in LNG. The partnership will be focused on the execution of projects for producing, processing, employing and transporting green hydrogen along with the promotion of a green hydrogen sector. Egypt and […] Read more
Sterlite Power Mulls Over Investment of Rs 50,000 Crore in RE in Karnataka Updated On Fri, Nov 4th, 2022 by Saurenergy Pratik Agarwal, Managing Director, Sterlite Power, has revealed that his company will invest Rs 50,000 crore in renewable energy in the state of Karnataka. Speaking at the Global Investors’ Meet, Pratik Agarwal held, “Over the next five years, we plan to increase the renewable capacity by 10-fold and invest close to Rs 50,000 crore into […] Read more
IEX Power Market Update For October- Prices Continue To Drop Updated On Fri, Nov 4th, 2022 by Saurenergy The Indian Energy Exchange, India’s premier energy exchange, achieved 7972 MU volume in October 2022, including Green Power trade of 403 MU, and 3.58 lac RECs (equivalent to 358 MU). The total volume on the Exchange in October’22 was lower by 13% on YoY basis due to high volume base of last year, and lower […] Read more
Shapoorji Pallonji’s FPSO Armada Sterling-V Achieves Sail-Away Readiness Updated On Thu, Nov 3rd, 2022 by Saurenergy India’s sole specialist in Floating Production Storage and Offloading Units (FPSOs), Shapoorji Pallonji Oil & Gas Pvt Ltd (SP O&G) has achieved a significant milestone of sail-away readiness for its FPSO Armada Sterling V at Sembcorp Shipyard in Singapore. The FPSO is owned by a 70:30 joint partnership between SP O&G and the Malaysian Bumi […] Read more
China is Home to World’s First Offshore Floating Wind-Solar Pilot Updated On Thu, Nov 3rd, 2022 by Saurenergy The world’s first commercial offshore floating solar that has been combined with an offshore wind turbine is now online in China. The project has been initiated by State Power Investment Corporation (SPIC), a utility that is owned by the Government of China. SPIC is among the five major utility firms in China and it is […] Read more
