Adani Power Ltd Posts Rs 13.13 Crore Net Profit in Q4 2021 Results Updated On Fri, May 7th, 2021 by Saurenergy Adani Power Limited (APL), the power business subsidiary of Indian conglomerate Adani Group, yesterday recorded a consolidated net profit of Rs 13.13 crore in the March 2021 quarter, as opposed to, a BSE filing revealed, a consolidated net loss of Rs 1,312.86 crore in the quarter ended March 31, 2020. The reason for the pleasant result […] Read more
‘Roadmap 2030’ : New India-UK Partnership Against Climate Change Updated On Thu, May 6th, 2021 by Saurenergy At the India-UK Virtual Summit (Roadmap 2030 for a Comprehensive Strategic Partnership) held on Tuesday, Prime Minister Narendra Modi and the British Prime Minister Boris Johnson signed off on a new shared roadmap which will pave the way for a stronger engagement over the next decade in the key areas of people to people contacts, trade […] Read more
10th Extension for SECI’s 15 MW Floating Solar Tender in Himachal Updated On Mon, May 3rd, 2021 by Saurenergy SECI has extended the bid submission deadline for its tender for setting up 15 MW floating solar plant at the Nangal Pond in Himachal Pradesh The Solar Energy Corporation of India (SECI) has now, for the tenth time, extended the bid submission deadline for its tender for the selection of a project developer for setting […] Read more
Regulatory Over-reach in South Australia’s Switch-off of Household Rooftop Solar Updated On Thu, Apr 29th, 2021 by Saurenergy IEEFA has detailed a ‘worrying’ precedent in South Australia where rooftop solar systems can be remotely switched off without householders’ knowledge. A new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA) details a ‘worrying’ precedent in South Australia where new measures allow for rooftop solar systems to be remotely switched off […] Read more
Freyr Energy Raises ₹18 Crore Investment from C4D, Total and Schneider Updated On Thu, Apr 22nd, 2021 by Saurenergy Freyr Energy, a solar rooftop company based in Hyderabad, announced yesterday that it has secured an equity investment of Rs 18 crore from Total Carbon Neutrality Ventures, Schneider Electric Energy Access Asia and C4D Partners. The company works towards providing technology solutions to help homeowners and MSMEs transition to solar. Saurabh Marda, Managing Director of […] Read more
Eastern and Southern Africa’s Vast Renewables Potential Offers Route to Sustainable Growth: IRENA Updated On Fri, Apr 16th, 2021 by Saurenergy Eastern and Southern Africa are vast, geographically diverse regions with rapidly growing populations and rising demands for energy. According to master plans for the two regional power pools, electricity demand is set to grow at between 3.4 and 5 percent per year to 2040. Meeting that demand is key to bolstering long-term growth in the […] Read more
Global Grid Battery Storage Capacity will Likely Reach 134.6 GW by 2030: F&S Updated On Fri, Apr 16th, 2021 by Saurenergy As more nations commit to renewable energy, F&S predicts the global grid battery storage capacity to likely reach 134.6 GW by 2030. Frost & Sullivan’s (F&S) recent analysis on the global grid battery energy storage market finds that the continual expansion of intermittent renewables (RE) and declining technology costs are key factors fuelling the market. As more nations […] Read more
UCR Scientists Upcycle PET Bottles to Make EV Batteries Updated On Wed, Apr 14th, 2021 by Saurenergy Could excess plastic waste be used to reduce carbon emissions? Sounds too good to be true? Well, researchers at the University of California, Riverside, have devised a way to turn polyethylene terephthalate (PET) found in consumer plastic bottles into material useful for producing sustainable energy storage. While the storage capacity of batteries made using this […] Read more
Backlog of Unsigned PSAs Risk Slowing India’s Renewable Energy Growth Updated On Wed, Apr 7th, 2021 by Saurenergy Delays in signing PSAs are a bottleneck in the growth of renewable energy capacity in India, jeopardising the 175 GW by 2022 target Delays in signing power sale agreements (PSAs) are a bottleneck in the growth of renewable energy capacity in India, jeopardising the government’s renewable energy target of 175 gigawatts (GW) by 2022, dampening […] Read more
