BII Invest $19 Mn To Expand CHARGE Zone Network In India Updated On Wed, May 1st, 2024 by Saurenergy CHARGE ZONE, secured a $19 million commitment from British International Investment (BII), the UK’s development finance institution (DFI) and impact investor. CHARGE ZONE, is an Indian electric vehicle (EV) charging network provider, and DFI is the UK’s development finance institution. This collaboration forms part of their long-term plan to create a network of one million […] Read more
India’s Aluminium Industry Needs USD 29 Bn CAPEX To Go Net-Zero: CEEW Updated On Wed, May 1st, 2024 by Saurenergy The Indian aluminum industry requires an additional capital expenditure (CAPEX) of nearly Rs 2.2 lakh crore (USD 29 billion) to achieve net zero carbon emissions, according to Council on Energy, Environment and Water (CEEW) study. CEEW in its recent report found that renewable energy (RE) power sources could abate 49 percent of the total emissions […] Read more
Megha Engg. Bags 2000 MW Pumped Storage Project Updated On Wed, May 1st, 2024 by Saurenergy Hyderabad based infrastructure firm Megha Engineering and Infrastructure (MEIL) has been awarded the 2,000-megawatt Sharavathi pumped storage power project in Karnataka. The project, which is set to be the largest pump storage power generation unit in the country, is estimated to cost over Rs 8,000 crore and play a key role in Karnataka’s energy future. […] Read more
Sineng Electric Showcases Several Energy Solutions In Hyderabad Updated On Tue, Apr 30th, 2024 by Saurenergy PV+ESS solution provider Sineng Electric unveiled its multi-scenario commercial and utility-scale offerings at RenewX in partnership with distributor Impulse Green Energy. Sineng’s extensive product portfolio for commercial installations ranges from 25kW to 125kW, with the SN50/60PT and SN100(X)/110/125PT string inverters emerging as highlights at the event. The SN100(X)/110/125PT inverters prioritize safety through built-in arc-fault circuit […] Read more
FY24: REC Ltd Reports 125% Jump In Sanctions For Solar Projects Updated On Tue, Apr 30th, 2024 by Saurenergy REC Limited, a Maharatna Central Public Sector Enterprise (CPSE) today presented its audited standalone and consolidated financial results for the quarter ended March 31, 2024 and FY24. REC Limited comes under the Ministry of Power. As per the details shared by REC Limited, it recorded its highest-ever annual profit. The media release from the company […] Read more
Sterlite Wins Rs 7,000 Cr Orders During FY24, Witnesses 35% YoY Increase To FY 23 Updated On Tue, Apr 30th, 2024 by Saurenergy Sterlite Power, a power transmission developer as well as products & services provider, capped off a successful fiscal year (FY24) with new orders worth INR 2,500 crores for its Global Products and Services (GPS) business unit in Q4. This takes Sterlite’s cumulative order wins in FY24 to Rs 7,000 crores, representing a 35% year-on-year (YoY) […] Read more
April 30 News Briefs- Enfinity, JA Solar, Gstar, energyRE Updated On Tue, Apr 30th, 2024 by Saurenergy Enfinity Global Closes $195 Million Long-Term Financing for 70MW Solar Power Plant In Japan The recently completed solar power plant in Aomori Prefecture in northern Japan is expected to generate more than 75 GWh of clean energy annually, which is enough to meet 11% of the energy needs of the city of Aomori, i.e. about […] Read more
April ALMM List-As Capacity Touches 44.6 GW, First Solar Makes Entry Updated On Mon, Apr 29th, 2024 by Saurenergy The latest released Approved List Of Module Manufacturers (ALMM), released by the Ministry of New and Renewable Energy (MNRE) on April 29 pegged the total enlisted module manufacturing capacity at 44.6 Gigawatt (GW). This is as against the earliest enlisted capacity of 41.5 GW. Accounting for a significant part of the jump in the domestic […] Read more
India Sees Steepest Rise Of Solar, Coal Follows The Race Updated On Mon, Apr 29th, 2024 by Saurenergy Renewable energy capacities in India especially solar seem to have received an impetus in the first quarter of 2024 (January-March). As per the analysis of the International Energy Economics and Financial Analysis (IEEFA) the highest additions of new capacities of fuels in India were seen from the solar sector, followed by coal projects. IEEFA in […] Read more
