IKEA To Start Selling Renewable Electricity To Swedish Households Updated On Wed, Aug 18th, 2021 by Saurenergy IKEA, which started selling solar panels and other equipment at its stores sometime back, is now moving into direct electricity selling too. Under the plan that the global retailer of furniture and other items has announced, IKEA’s solar panel producer, Svea Solar will be buying renewable electricity on the Nordic power exchange Nord Pool and […] Read more
Borosil Renewables Q1 Results. Some Speed Bumps, But A Long Clear Road Ahead Updated On Thu, Aug 12th, 2021 by Saurenergy Continuing its smart turnaround on the back of high solar glass prices, Mumbai-based solar glass manufacturer Borosil Renewables has reported a net profit of Rs 39.62 crore in Q1 FY22 as against a net loss of Rs 1.87 crore in Q1 FY21. The stunning results follow from a 151.8% YoY increase in net sales to […] Read more
Renewable energy statistics 2021 Updated On Mon, Aug 9th, 2021 by Saurenergy Renewable Energy Statistics 2021 by IRENA provides data sets on the power-generation capacity for 2011-2020, actual power generation for 2011-2019, and renewable energy balances for over 130 countries and areas for 2018-2019. Data were obtained from a variety of sources, including an IRENA questionnaire, official national statistics, industry association reports, consultant reports, and news articles. […] Read more
Indian Renewable Energy Industry Analysis Updated On Fri, Aug 6th, 2021 by Saurenergy The India Brand Equity Foundation (ibef) has reported an analysis of the Indian Renewable Energy in May 2021. It reported that India ranked third in EY Renewable Energy Country Attractive Index. Installed renewable power generation capacity has increased at a fast pace over the past few years, posting a CAGR of 17.33% between FY14-FY20. Power […] Read more
ST’s Bouskoura Plant to Use 50% Energy from Renewables by 2022 Updated On Wed, Jul 28th, 2021 by Saurenergy French-Italian semiconductor manufacturing company STMicroelectronics has announced that its Bouskoura site in Morocco will procure 50% of its energy from renewable sources by 2022 compared to 1% in 2020, as part of its action plan to achieve carbon-neutrality by 2027. ST has been present in Bouskoura for over 20 years with a back-end plant which employs […] Read more
NTPC Concall- Spotlight On Aggressive Renewables Plans Updated On Tue, Jun 29th, 2021 by Saurenergy NTPC’s revised 60 GW renewable energy plan by FY32 was just one of the many interesting announcements and information pieces shared by the group’s Director (finance) A.K. Gautam at the online conference call with analysts following Q4 results. We bring you some of its highlights. Gautam added that 2884 MW of solar projects including ongoing […] Read more
NTPC Targets to Install 60 GWs Renewable Energy by 2032 Updated On Mon, Jun 28th, 2021 by Saurenergy India’s largest integrated energy company, National Thermal Power Corporation Ltd (NTPC), has become the first Indian energy company to declare its Energy Compact goals as part of UN High-level Dialogue on Energy (HLDE). It has announced its sustainability energy compact targets. As per the official release by the ministry, NTPC has set a target to […] Read more
The Place of Renewables in India’s Future Power Grid Updated On Fri, Jun 18th, 2021 by Saurenergy Indian power sector, one of the largest in the world, comprises one synchronised national grid that serves the entire nation. In the last decade, the transmission system has expanded from 2.4 L circuit kilometres in 2011 to 4.4 L circuit kilometres in 2021, with inter-regional transfer capacity growing to 105 GW. A recent energy event […] Read more
NCRTC Partners with SECI to Use Renewable Energy in Delhi-Meerut Corridor Updated On Wed, Jun 16th, 2021 by Saurenergy In an effort to promote India’s sustainability development goals (SDGs), thus encouraging the use of renewable energy in the transportation sector the National Capital Region Transport Corporation (NCRTC) and Solar Energy Corporation of India (SECI) have signed a Memorandum of Undertaking (MoU) to harness blended renewable energy for Delhi-Meerut RRTS (Regional rapid transit system) corridor. […] Read more
