Renewables Contribute Only 4% To NTPC’s Turnover in FY24 Updated On Mon, Sep 2nd, 2024 by Saurenergy According to the latest numbers from India’s power giant NTPC, renewable energy assets contribute a mere 1.23% to the company’s turnover. When hydro projects are included, this figure increases to just 4%. NTPC Limited’s Business Responsibility and Sustainability Report indicates that power generation accounts for 94.19% of the company’s total turnover. The report reveals that […] Read more
Envision bags 116 MW Wind Turbine Deal From Blueleaf Energy Updated On Mon, Aug 12th, 2024 by Saurenergy Envision Wind Power Technologies India Private Limited has announced a major milestone by securing a 116 MW turbine supply agreement with Blueleaf Energy. This agreement involves the supply of 35 EN-156 3.3 MW turbines for a co-located wind-solar hybrid power project in Madhya Pradesh, set to commence construction in 2024 and complete by 2025. […] Read more
Reliance Set To Launch Its First Solar Gigafactory By FY25 Updated On Thu, Aug 8th, 2024 by Saurenergy Reliance Industries, in its Integrated Annual Report 2023-24, shared its plans to commission its first solar Gigafactory in FY25, with most of the company’s renewable energy development and manufacturing operations at Jamnagar. In its business review, Reliance highlighted the growth the company has achieved from 2023 to 2024. Regarding its renewable energy (RE) plans, Reliance […] Read more
News Briefs May 16- ReNew & SG Tie-Up, Nextracker’s Milestone, Carbon PV Updated On Thu, May 16th, 2024 by Saurenergy ReNew and Societe Generale sign MoU for USD 1 Billion to broaden collaboration on energy transition projects NASDAQ listed ReNew, has announced the signing of a Memorandum of Understanding (MoU) with French banking major Societe Generale, to support the financing and development of the Company’s various strategic energy transition projects both in India and globally. […] Read more
Australia Plans To Boost Local Solar Module Manufacturing, Allocates Funds Updated On Wed, May 15th, 2024 by Saurenergy The Australian government has now planned to boost its solar module manufacturing locally. The government yesterday in its latest budget had also announced special packages for boosting solar module manufacturing and renewable energy in the region. As per the budget document of the government, the Australian government will allocate $3.2 billion on the next one […] Read more
Sushil Sharma Assumes Additional Charge As CMD In SJVN Updated On Sat, May 4th, 2024 by Saurenergy Sushil Sharma has assumed additional charge of Chief Managing Director (CMD) and Dir. (Personnel) of SJVN Ltd. Presently, Sharma is serving as Dir. (Projects) in SJVN and was recommended for the post of CMD, SJVN after a rigorous selection process by the Public Enterprises Selection Board (PESB) on April 8, 2024. He played a pivotal […] Read more
Karnataka Set To Install 40,000 Solar Pumps Under PM-KUSUM Updated On Wed, Feb 21st, 2024 by Saurenergy Karnataka 2024 Budget released some key initiatives to support the solar sector such as through the installation of solar pumps. The 2024 budget emphasized some key initiatives to make farmers self-sufficient. The Karnataka government will install 40,000 off-grid solar pump sets under the PM-KUSUM Component-B scheme. It plans to do so at an estimated cost […] Read more
Energy Technology Specialist Updated On Mon, Feb 12th, 2024 by Saurenergy Responsibilities:- Design interventions for digital and new technologies such as renewable energy, energy efficiency, electrical vehicles, energy storage, smart meters and environmental sustainability, including developing specifications, preparing procedures for deployment, and training utility staff in use and application of new tools and technologies. Identify emerging technologies and suppliers, vendors, service providers etc. in relevant areas […] Read more
US Announces Investing $254mn To Decarbonize Domestic Manufacturing Updated On Mon, Jan 29th, 2024 by Saurenergy The Department of Energy (DOE) of the United States (US) recently announced that it would invest $171 million in 49 projects across 21 states. This announcement supported United States (US) President Biden’s ‘Investing In America’ agenda. The announcement stated, “This investment aimed to give new funding opportunity to advance next-generation technologies to cut emissions and […] Read more
