A Case For Green Financing For More Transmission Infrastructure Updated On Fri, Aug 4th, 2023 by Saurenergy In a provocative blog on the importance of the transmission sector and its role in the energy transition, two world bank staffers make the case for expanding the definition of green projects when it comes to transmission projects, to ensure faster adaption of these vital infrastructure to handle green energy projects. The article comes at […] Read more
Swiss Storage Firm Energy Vault Commissions First Gravity Energy Storage System In China Updated On Wed, Aug 2nd, 2023 by Saurenergy The world’s first grid-scale EVx™ gravity energy storage system (GESS) has entered the first phases of commissioning. Energy Vault Holdings, a firm that delves in sustainable, grid-scale energy storage solutions, has announced the commissioning of the project, along with its partners Atlas Renewable and China Tianying (CNTY). Located outside of Shanghai in Rudong, Jiangsu Province, […] Read more
Tripura Chalks Out ‘Tripura Energy Vision 2030 Roadmap’ Updated On Fri, Jul 28th, 2023 by Saurenergy The Power Minister of Tripura, Ratan Lal Nath, has revealed that the state government has worked out at a plan that sets sights on generating close to 500 MW of power via solar energy. The goal is to be achieved by 2030. He further added that Germany’s Deutsche Gesellschaft Fur international Zusammenarbeit (GIZ) executed a […] Read more
Half-Yearly Report: Indian Wind Energy Installations Surpass 2022 Records Updated On Fri, Jul 14th, 2023 by Saurenergy The Indian Wind Energy industry seems to be bouncing back after a lull. A comparative study of the monthly installed capacity data of different power sources hinted at the rise of wind energy installations in the country in 2023. According to the monthly reports on wind energy capacities during the first half of 2023, the […] Read more
Sterling and Wilson Reports Rs 522cr Total Income In Q1 FY24 Updated On Thu, Jul 13th, 2023 by Saurenergy Sterling and Wilson Renewable Energy Limited today announced its First Quarter (Q1) Financial results today. Its total income consolidated (unaudited) came down from Rs 1,211.06 crore in Q1 of FY22-23 to Rs 522.35 crore in Q1 of FY 23-24, a plunge of 57 percent YoY. It also reported a sharp reduction of total expenses in […] Read more
Around 54 GW of RE Projects Under-Construction in India: CEA Report Updated On Thu, Jul 13th, 2023 by Saurenergy Month Day, Year by Author via Twitter According to a report on Under Construction Renewable Energy Projects released by the Central Electricity Authority (CEA), India’s installed renewable energy (RE) capacity, excluding large hydro, reached approximately 125.16 GW by the end of March 2023. The report indicates that the country aims to add over 54 […] Read more
KPI Green Energy, SAEL & NLC India Emerge Winners in GUVNL’s 800 MW Tender Updated On Wed, Jul 5th, 2023 by Saurenergy KPI Green Energy, SAEL and NLC India have emerged winners for Gujarat Vikas Nagar Nigam Ltd (GUVNL) 800 MW solar project via competitive bidding. GUVNL had floated the tender for solar projects at Khavda Solar Park, Gujarat in May, 2023. The project comes with a greenshoe option of 800 MW. KPI Energy won 100 MW […] Read more
Central University of Himachal Pradesh Sets up Green Hydrogen Research Laboratory Updated On Mon, Jul 3rd, 2023 by Saurenergy A Green Hydrogen Research Laboratory has been established in the Central University of Himachal Pradesh (CUHP). Vice-Chancellor Prof Sat Prakash Bansal held that the set up of its Green Hydrogen Research Laboratory is an important step with respect to sustainable energy research. “This laboratory has been established in line with the vision set by our […] Read more
Funding New Thermal Power Plants May Create Stranded Assets: IEEFA Report Updated On Wed, Jun 28th, 2023 by Saurenergy A latest report by the Institute for Energy Efficiency and Financial Analysis (IEEFA) claimed that new investments in thermal power plants could potentially lead to new stranded assets. The report said it is due to the economic benefits of renewable energy. The report titled ‘Cleaning up the last pile of India’s power sector Non-Performing Assets (NPAs)’ discusses […] Read more