EV Adoption To Hit 20% By FY30, Says CareEdge Ratings Report Updated On Thu, Nov 14th, 2024 by Saurenergy India has set an ambitious target to meet 50% of its primary energy requirement from renewable sources by 2030. To achieve this, India needs to balance Electric Vehicle (EV) penetration with grid-level energy storage capacity. This calls for a transition to meet India’s increasing demand for advanced chemistry batteries, particularly lithium-ion (Li-ion) batteries, due to […] Read more
CERC Proposes New Regulations On Carbon Credit Trading Updated On Thu, Nov 14th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) has proposed new rules for trading carbon credits in India, aiming to create a straightforward and controlled marketplace. These draft regulations, titled “Central Electricity Regulatory Commission (Terms and Conditions for Purchase and Sale of Carbon Credit Certificates) Regulations, 2024,” provide a framework for companies and organizations to buy and […] Read more
NLC India Plans To Go For IPO For Its Renewable Arm In FY26 Updated On Thu, Nov 14th, 2024 by Saurenergy Power Generation PSU NLC India Limited (NLCIL) is gearing up to launch the Initial Public Offering (IPO) of its green energy arm in the next financial year. In its latest investor call, the top management revealed that the company plans to proceed with the IPO of its renewable energy division within a specific time period. […] Read more
Equinix, CleanMax Ink 33 MW Captive Project Deal in Maharashtra Updated On Thu, Nov 14th, 2024 by Saurenergy Equinix, Inc., a digital infrastructure company today signed a Power Purchase Agreement (PPA) with CleanMax, a renewable energy provider in the Commercial and Industrial (C&I) sector and a Brookfield-backed company. Under the agreement, the parties plan to collaborate to build a 33 MW Captive Power Plant in Maharashtra. This partnership intends to provide renewable energy […] Read more
Saatvik Partners With MSEDCL For Supplying 250 Solar Pumps Updated On Wed, Nov 13th, 2024 by Saurenergy Indian solar module manufacturer Saatvik Green Energy has partnered with the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) to supply solar powered submersible pumps at 250 sites across the state. The high-efficiency pumps range from 3HP to 7.5HP enhancing water access and supporting irrigation. These are 100% stainless steel pumps with high-efficiency motors & controllers, […] Read more
Odisha Intends To Solarize Thermal Ash Pond With 50 MW Project Updated On Wed, Nov 13th, 2024 by Saurenergy Odisha, in a bid to expand its renewable energy capacity from the current 606.87 MW (as of October 2024), is now planning to build a 50 MWAC grid-connected solar PV power plant on the earth-capped Ash Pond-B of the OPGC at Ib Thermal Power Station (IBTPS) in Jharsuguda, Odisha. The last date for techno commercial […] Read more
India, SE Asia Host 15% Of Global Clean Energy Manufacturing Jobs: IEA Updated On Wed, Nov 13th, 2024 by Saurenergy While most emerging and developing economies face structural barriers to attracting new clean energy manufacturing jobs, India and Southeast Asia have fared relatively well on this front, according to a latest report by the International Energy Agency (IEA). Clean energy manufacturing jobs in this region represent nearly 15% of the global total. Several other countries, […] Read more
NVVN To Solarise Premises Of Assam Rifles In Northeast Updated On Wed, Nov 13th, 2024 by Saurenergy NTPC Vidyut Vyapar Nigam Limited (NVVN), a subsidiary of NTPC Limited has now issued a tender seeking developers to develop rooftop solar projects for Assam Rifles. As per the plan, the entity will develop rooftop solar in 26 locations spread in different states of the northeast. The NVVN tender mandated the developers to solarise the […] Read more
Q3 2024: Australia Sees $3.3B New RE Projects, Surpasses 2023 Record Updated On Wed, Nov 13th, 2024 by Saurenergy Australia saw strong renewable energy and storage investment in the third quarter (Q3) of 2024. According to the Clean Energy Council’s latest Quarterly Renewables Report. Australia added 1,405 MW of capacity ($3.3 billion) in new large-scale renewable generation projects during Q3 of 2024, exceeding the total in 2023. Currently, over 40 percent of Australia’s electricity […] Read more
