NTPC Crosses Key Milestone of 1 GW Renewable Capacity Updated On Wed, Dec 14th, 2022 by Saurenergy NTPC Ltd, the country’s largest power generator, has crossed the 1GW annual capacity in the renewable energy (RE) segment by adding 1074.59 MW RE capacity in FY23 taking the total NTPC non-fossil capacity to 9.41%. With the successful commissioning of entire capacities of 150 MW & 90 MW Devikot Solar PV Projects at Jaisalmer, Rajasthan, […] Read more
Navitas Alpha Renewables Raises 7 Crore Funding in Seed Round Updated On Wed, Sep 21st, 2022 by Saurenergy Gujarat-based solar module manufacturer Navitas Solar’s Subsidiary company & a solar EVA manufacturer, Navitas Alpha Renewables Private Limited (NARPL) has raised 7 crores worth funding in its seed funding. NARPL raised this funding from a Gujarat-based investment advisory firm Niveshaay with the participation of Madhusudan Sarda, IVY Growth Associates, and others. According to the company, […] Read more
The Top 5: Largest Battery Energy Storage Systems Worldwide Updated On Thu, Sep 1st, 2022 by Saurenergy As we talk about renewable energy replacing fossil fuels, the bottlenecks hindering the progress of renewable energy must be taken care of as well. One of these bottlenecks is the variable nature of renewable energy. Battery Energy Storage Systems (BESS), also known as Big Batteries, provide electricity grids with a wide range of benefits – […] Read more
NHPC To Develop 10 GW RE Projects In Rajasthan Updated On Thu, Aug 25th, 2022 by Saurenergy State-owned National Hydroelectric Power Corporation Ltd (NHPC) has announced that a Memorandum of Understanding (MoU) has been signed between its subsidiary and the state government of Rajasthan for the development of renewable energy parks in the state. As per the details, the total capacity of the projects will come to about 10 gigawatts (GW). The […] Read more
Project Solar Raises $23 Million Series A For Digital Solar Offering Expansion Updated On Mon, Aug 8th, 2022 by Saurenergy Project Solar, a US based and America focused firm for solar installations, has shared that it has concluded a $23M Series A financing round. New-York based capital venture firm, Left Lane Capital, led the round along with strategics from the industry. The investment will be the first institutional capital for Project Solar that will be […] Read more
NTPC Q1 Results, Revenues up 43% YoY, Profits up 15% Updated On Fri, Jul 29th, 2022 by Saurenergy NTPC Limited, India’s largest power generator and the engine of it’s future renewable growth plans, has reported results for the Q1 of FY 23. The consolidated results have come out with a strong topline growth in revenues, even as profit growth was somewhat muted, due to the impact of higher input costs, especially coal. At […] Read more
NTPC Plans to Raise Rs 5000 Crore From Sale In Renewable Firm Continues On Track Updated On Mon, Jul 11th, 2022 by Saurenergy State-owned National Thermal Power Corporation (NTPC) plans for a stake sale in its green arm in October this year seem to be moving on schedule. The power giant plans to raise upto Rs 5,000 crore through a stake sale while retaining control over the firm. The power major has begun to collect inputs from sovereign […] Read more
Rajasthan And NTPC Sign MoU To Develop 10 GW Renewable Energy Park In State Updated On Mon, Jul 4th, 2022 by Saurenergy NTPC Renewable Energy Ltd (NREL) and Rajasthan Government signed on July 1 an MoU for a 10 GW ultra mega Renewable Energy Power Parks (UMREPP) to be developed in Rajasthan. The MoU was signed at a ceremony held on Friday in the presence of Rajasthan Energy Minister Bhanwar Singh Bhati. Since it was formed on […] Read more
Toyota Partners With Redwood Materials For Closed Loop EV Batteries Updated On Wed, Jun 22nd, 2022 by Saurenergy Toyota Motors has swung into action by driving the future of its electric vehicles (EV) with help from its new partner, a battery recycling startup, Redwood Materials, founded by Tesla Co-founder and former CTO, JB Straubel. The startup will help the Japanese automaker develop a battery supply chain that collects, recycles, refurbishes and remanufactures EV […] Read more
