Power Ministry Plans Another Scheme To Solve The Discom Puzzle Updated On Thu, May 26th, 2022 by Saurenergy The Ministry of Power has informed that it’s working on a scheme that will help mitigate the financial woes of the Distribution Companies (Discoms) which are unable to pay their dues. This is crucial as the inability of Discoms to pay dues impacts the entire value chain of the power sector. Even the relatively young […] Read more
UAE Leads In RE Expansion In Past Decade Worldwide Updated On Thu, May 26th, 2022 by Saurenergy The Green Fuel Index report released by ‘Compare the Market’ – an Australia-based aggregator has revealed that the United Arab Emirates (UAE) has had the largest increase of renewable energy capacity in the world in the past decade. The report has said that UAE’s renewable energy capacity swelled from a mere 13 MW in 2011 […] Read more
Lord’s Mark To Work With BREDA For Solar Lighting Projects In Bihar Updated On Wed, May 25th, 2022 by Saurenergy Lord’s Mark Industries, a diversified business group, has entered solar lighting in Bihar. Lords is the sole channel partner to Philips India for development of such projects in the government sector only. The project will be implemented through BREDA (Bihar Renewable Energy Development Agency), which is tasked with developing schemes on non-conventional energy sources in […] Read more
Davos Casts A Spell, ReNew Power Signs Another MoU With Karnataka Updated On Wed, May 25th, 2022 by Saurenergy Davos seems to be working like a magnet to all stakeholders in renewable energy from across India. MoU after MoU have been signed here on the sidelines of World Economic Forum. Soon after signing an MoU with Maharashtra a couple of days ago, ReNew Power on May 25, signed another Memorandum of Understanding (MoU) with […] Read more
Topsoe Unveils Plans To Build World’s Largest Electrolyser Plant Updated On Wed, May 25th, 2022 by Saurenergy Denmark based decarbonization major Topsoe is going to build in Herning the world’s most advanced electrolyser production plant in order to meet society’s need for Power-to-X solutions. In this field, the company has the leading technology to decarbonize hard-to-abate sectors such as transport, chemicals, steel, and cement. A statement released by the company mentioned that […] Read more
Maharashtra, ReNew Power Sign Rs 50,000 Crore RE MoU In Davos Updated On Wed, May 25th, 2022 by Saurenergy The Maharashtra energy department and ReNew power, one of India’s leading renewable energy companies, signed an MoU of Rs 50,000 crore in Davos on May 24 for investments in renewable energy in the state for the next six to seven years. Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) Managing Director Vijay Singhal signed the MoU […] Read more
BluSmart raises $50 million to expand its electric car fleet Updated On Wed, May 25th, 2022 by Saurenergy BluSmart, an electric ride-hailing platform from the promoters behind Renewable firm Gensol, has announced that it has raised $50 million and it will utilize the funds to purchase 5,000 more electric cars in order to scale up its electric vehicle hubs. The funds raised comprise a mix of equity and venture debt. BluSmart calls itself […] Read more
SECI Announces 1.2 GW Wind Auction Results, NTPC Lowest Bidder at Rs 2.89/unit Updated On Wed, May 25th, 2022 by Saurenergy Solar Energy Corporation of India (SECI) has announced the winners of the 1.2 GW Wind Energy Projects’ auctions or Tranche XII for interstate transmission connected wind projects. Even as NTPC bid at Rs 2.89/unit, for its 200 MW bid, it was Halvad Renewables Pvt Ltd that won 300 MW at a price of Rs 2.93 along […] Read more
IRENA Lends Voice To Enabling Hydrogen Trade Beyond Borders Updated On Tue, May 24th, 2022 by Saurenergy The transition towards a more sustainable system based on renewables can be accelerated only by making green hydrogen a global trade commodity, said Francesco La Camera, IRENA Director-General. That the world is slowly but steadily waking up to a green Hydrogen economy is a given now. Addressing the Fifth Meeting of the Collaborative Framework on […] Read more
