Loan Sanctions Up 383%, Disbursements 68% For IREDA In Q1 2024-25 Updated On Mon, Jul 1st, 2024 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) has reported a strong performance for the first quarter ended 30th June 2024. According to provisional figures, subject to audit, the company recorded substantial increases in loan sanctions, disbursements, and its loan book. The renewables focused firm, which has also been the preferred nodal agency for many key […] Read more
Despite Record Investments, World Off Track For 2030 RE Target: EY Updated On Wed, Jun 19th, 2024 by Saurenergy Global accounting firm Ernst & Young (EY) recently reported a decline in overall global energy investments, failing to keep the world on track for the 2030 renewables targets. EY report found that, despite last year’s surge of US$1.8 trillion in clean energy investment, including US$660 billion earmarked for renewables, investment remains below the COP28 target of […] Read more
NTPC May Take Up Its Renewable Portfolio To 30 GW Soon Updated On Fri, Jun 14th, 2024 by Saurenergy India’s power behemoth, NTPC Limited is now all set to achieve 30 GW of renewable capacity in the next few years. As per the top management of the company the company currently has a total renewable portfolio of 3.6 GW. However the current pace of works goes on, the Indian Central Public Sector Enterprise (CPSE) […] Read more
EU Commission Approves Italian Scheme To Support 4590 MW RE Production Updated On Wed, Jun 5th, 2024 by Saurenergy European Commission recently approved the Italian State aid scheme that is expected to support electricity production from renewable energy sources. The European Commission has approved the aid, under EU State aid rules, an Italian scheme. This would extend support to 4590 MW new capacity for electricity production from renewable energy sources. The scheme was developed […] Read more
Electrification Key For 1.5°C Target, Global Demand Must Go Beyond 30K TW: IRENA Updated On Mon, Jun 3rd, 2024 by Saurenergy Electricity and electrification along with deployment of renewable power will play a crucial role in meeting the target of 1.5°C, according to a report by IRENA. The overall share of renewable energy in the energy mix will need to rise substantially to meet the 1.5°C target, driven by higher shares of renewable electricity and electrification, […] Read more
JSW To Make Alloy-Coated Steel For Domestic Renewable Energy Sector Updated On Fri, May 31st, 2024 by Saurenergy JSW Steel is bringing Zinc-Magnesium-Aluminium alloy-coated steel products into the domestic Indian market which is expected to spur demand for its product JSW Magsure from the domestic renewable energy sector but also from other allied end uses. So far the coated steel was imported from foreign nations while renewable energy companies purchase it at a […] Read more
Land Issues Slowing Down RE Projects In South Asia: Bloomberg Updated On Thu, May 23rd, 2024 by Saurenergy According to a recent report by Bloomberg’s New Energy Outlook (BNEF), renewables can overtake fossil fuels to reach 51% of power supply in 2030, 63% in 2040, and 70% in 2050. Bloomberg reported the current scenario and found that the global electricity demand based on the Economic Transition Scenario (ETS) grew by over 70% from […] Read more
Stonepeak, CHC Form Japanese Battery Energy Storage Platform Updated On Fri, May 17th, 2024 by Saurenergy Stonepeak, an alternative investment firm specialising in infrastructure and real assets, and CHC, a battery energy storage system project development and electricity data management company headquartered in Singapore, have announced the creation of a platform focused on the development, construction, and operation of energy storage projects in Japan. The platform will focus on developing, constructing, […] Read more
Senior HV Engineer – Solar Systems Specialist Updated On Wed, May 15th, 2024 by Saurenergy Responsibilities:- Electrical System Design: Design of electrical power system for Solar PV projects ranging from LV to HV AC – including but not limited to – power evacuation SLD, transformer sizing, conductor sizing, switch gear and protection system design, transmission line design. Equipment Sizing & selection: Determine the appropriate sizing of electrical equipments, including but […] Read more
