Renewables Led To Saving Of $520bn in Fuel Costs Globally: IRENA Updated On Wed, Aug 30th, 2023 by Saurenergy A new report by the International Renewable Energy Agency (IRENA) claimed that the global power sector saved $520 billion in fuel costs last year, owing to the increasing adoption of renewable energy sources. The report underscores how the ongoing fossil fuel price crisis catalyzed the competitiveness of renewable power sources. In 2022, 86 percent, equivalent to 187 Gigawatts (GW), […] Read more
Tata Power Renewable Energy Ltd in PDA for 4.4 MW Group Captive Solar Plant with Automotive Firm Updated On Tue, Aug 29th, 2023 by Saurenergy Renewable energy firm Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has signed a Group Captive Power Delivery Agreement (PDA) for 4.4 MW AC with the ANAND Group, a global automotive systems and parts industry firm. Under this agreement, Tata Power Renewable Energy Limited will facilitate the generation of 10 million units […] Read more
Shell Energy To Invest Rs 2200cr For Renewable Projects in Gujarat Updated On Thu, Aug 24th, 2023 by Saurenergy Shell Energy India has joined hands with the State government of Gujarat, where it will invest Rs 2200 crore to set up a renewable energy facility. The MoU towards this was signed in the presence of Gujarat Chief Minister Bhupendra Patel and Minister of State, Harsh Sanghavi. The renewable energy generation project will be established […] Read more
Andhra Pradesh Set to Usher 5,314 MW of Renewable Energy Updated On Wed, Aug 23rd, 2023 by Saurenergy Andhra Pradesh is set to give a major push to renewable energy in the State. Chief Minister YS Jagan Mohan Reddy will lay the foundation for three renewable energy projects boasting an aggregate capacity of 5,314 MW. Greenko, which delves into Pumped Storage Projects will establish a 2,300 MW solar power project at Junuthala village […] Read more
Consortium Formed for Sri Lanka’s Largest Private-Sector Renewable Energy Project with BESS Updated On Fri, Aug 18th, 2023 by Saurenergy A leading player in the renewable energy sector of Sri Lanka, WindForce PLC, has partnered with reputed IPP Lakdhanavi Ltd and the Blue Circle Pte Ltd- a Singapore-based renewable energy firm, for what is set to be Sri Lanka’s largest private-sector renewable energy project. The project, which will transform the energy landscape of the island […] Read more
Renewables and EVs: Myths and Reality Updated On Wed, Aug 16th, 2023 by Saurenergy There is no doubt that Electric vehicles are a Global saviour for our planet against the pollution being caused by transportation. Reduced greenhouse emissions with EVs is supposed to be offering its accelerated benefits when fueled through renewables. The benefits of this combination thus are inevitable. But there are implementation challenges that places limits on […] Read more
Our Energy Storage Unit A Better Alternative To Li-Ion Batteries: Vijay Prateik, CEO, DeMITasse Energy Updated On Wed, Aug 16th, 2023 by Saurenergy Vijay Prateik is the Co-founder and Chief Executive Officer (CEO) of DeMITasse Energies. Prateik is an alumnus of IIT-Bombay and the Massachusetts Institute of Technology (MIT). His company was also incubated at IIM-Bangalore. His startup, founded in 2016, uses thermo-chemical mechanisms for storing energy for longer durations. It claims that the firm’s technology can aid […] Read more
India Added 2 GW Of Wind Energy In First 7 Months Of 2023 Updated On Mon, Aug 14th, 2023 by Saurenergy An analysis of India’s monthly installed capacity data for the last two years, released by the Central Electricity Authority (CEA), revealed that wind energy continues to see upward growth. Its growth is quite evident in the first seven months of 2023 compared to its performance during the same period in 2022. On the other hand, […] Read more
AmpIn Energy Joins Hands with JCAPCPL for 2.8 MWp Solar Project Updated On Mon, Aug 14th, 2023 by Saurenergy AmpIn Energy Transition, a renewable energy IPP and energy transition platform has entered into a 25-year Power Purchase Agreement (PPA) with JCAPCPL (a JV between Tata Steel & Nippon Steel) to supply 2.8 MWp of solar energy for its plant in Jamshedpur. Ujjal Chakraborti, Managing Director of JCAPCPL, and Pinaki Bhattacharyya, Managing Director and CEO […] Read more
