IRA to Swell US Renewables Investment to $114 Billion: Wood Mackenzie Updated On Fri, Jan 20th, 2023 by Saurenergy A new report by Wood Mackenzie says that the Inflation Reduction Act (IRA), a Biden law that accelerates renewables and decarbonisation in the US, will significantly boost annual investment into renewable energy deployment in the region. It said that a rise from $64 billion in 2022 to nearly $114 billion is expected by 2031. The […] Read more
APTEL Asks Andhra Pradesh DISCOM to Pay Dues to Vibrant at Lower Rate Than in PPA Updated On Wed, Jan 18th, 2023 by Saurenergy The Appellate Tribunal for Electricity at New Delhi (APTEL) has directed APSPDCL (the southern power DISCOM of Andhra Pradesh- Andhra Pradesh Southern Power Distribution Company Limited) to compensate Vibrant Greentech India Pvt Ltd for the electricity supplied to it by the firm. Further, the APTEL has asked APSPDCL to compensate the firm at Rs.2.93 per […] Read more
North America to Make Headways into Solar Sector by 2030 Updated On Thu, Jan 12th, 2023 by Saurenergy As per a study conducted by CMI Ltd, the global solar energy market is poised to reach around USD 300 Billion by 2030. This growth will account for a CAGR of close to 7% between 2022 and 2030. There has been an increased focus on green hydrogen with the sliding costs of renewable energy having […] Read more
New Energy Vehicles, Electric SUVs, Last Mile Delivery EVs Gain Prominence at Auto Expo ’23 Updated On Thu, Jan 12th, 2023 by Saurenergy The biennial mega automobile extravaganza held at Greater Noida is a hotbed for innovation and a visual treat to the visitor’s eyes. Auto Expo 2023 is no exception with an exciting line-up of EVs that bring together the best of technology, innovation and luxury. We provide you an insight into some such EV launches at […] Read more
Charge+Zone Partners up with Snap-E to Set up EV Charging Infrastructure for Fleet Transportation Updated On Wed, Jan 11th, 2023 by Saurenergy Charge+Zone, a technology-driven EV charging network firm has announced partnership with Snap-E, a leading provider of reliable and eco-friendly public transport service. Under the phased partnership, EV charging infrastructure will be established for Snap-E’s fleet transportation. Charge+Zone, a tech-driven EV Charging infrastructure firm that specialises in charging networks for electric buses, trucks and electric cars, […] Read more
Hyderabad’s Greenko to Set Up Pumped Storage Project of 11 GWh in Madhya Pradesh Updated On Tue, Jan 10th, 2023 by Saurenergy Hyderabad-based clean energy firm Greenko Group is set to invest Rs 10,000 crores in a Pumped Storage Project (PSP). The storage project is to be established near Gandhi Sagar in the Neemuch district of Madhya Pradesh. At present, the firm delves into both wind and solar of capacity of more than 500 MW. These are […] Read more
Can India Become A Net Exporter Of Green Hydrogen? Updated On Mon, Jan 9th, 2023 by Saurenergy The Government of India has formally approved the National Green Hydrogen (NGH) Mission to make India a ‘global hub’ for using, producing, and exporting green hydrogen. To achieve this ambition, GOI has also approved a financial outlay of ₹19,744 crore. The Mission leads India toward the development of the Green Hydrogen ecosystem in the country […] Read more
Tamil Nadu Energy Development Agency Calls for 20 MW Rooftop Solar Bids Updated On Fri, Jan 6th, 2023 by Saurenergy A new tender for the installation and commissioning of 20 MW of grid-connected rooftop solar systems has been issued by the Tamil Nadu Energy Development Agency (TEDA). As per the notification, the installation will come on government buildings, state-run industrial facilities and educational institutions of Tamil Nadu. The developers can submit their bids by February 15, […] Read more
Can Giant Floating Solar On Oceans Work? Updated On Fri, Jan 6th, 2023 by Saurenergy A lot has been said and done about floating solar plants – an emerging technology in which a customised solar photovoltaic (PV) system is placed directly on top of a body of water. Over the past half a decade, floating solar farms have gained popularity, particularly in countries with high population density and competing uses […] Read more
