Govt Owned Firms Install Just 1,632 MW of RE Capacity In India As On April ’23 Updated On Fri, May 12th, 2023 by Saurenergy The National Power Portal has released its latest report for the renewable capacity that India installed at the close of April 2023. The cumulative installed capacity stood at 125692 MW as on April 30, 2023. Not surprisingly, of this, solar power claims a large chunk of 67077.88 MW, while wind stands at 42868.08 MW. Notably, […] Read more
Sanchi Stupa Welcomes 4kW SolarMill System by Windstream Energy Technologies Updated On Thu, May 11th, 2023 by Saurenergy Solar city Sanchi is further tapping into the benefits of renewable energy. In a recent announcement, that affirms the state’s resolution ot give a push to RE, the famous Sanchi Stupa, Madhya Pradesh has welcomed a pilot project of 4kW for solarmill system installed by a provider of renewable energy products and solutions, Windstream Energy […] Read more
Amp Energy Wins CESC’s 150 MW Wind-Solar Hybrid Tender Updated On Thu, May 11th, 2023 by Saurenergy Renewable energy firm Amp Energy India has won a 150 MW wind-solar hybrid Calcutta Electric Supply Corporation (CESC) project via competitive bidding. The project has been won through its subsidiary Amp Green Energy Private Ltd, at a tariff of ₹ 3.07 per unit. The tariff discovered was the lowest tariff in the bid. The other […] Read more
Indian EV Sector Registered 170% Growth In FY23: CEEW-CEF Report Updated On Thu, May 11th, 2023 by Saurenergy A latest analysis report by the Council on Energy, Environment and Water’s Centre for Energy Finance (CEEW-CEF) claimed that sales of Electric Vehicles (EVs) in India grew exponentially in FY23. It claimed that the Indian EV sector witnessed a growth of 170 percent (compared to FY22). It also crossed the one million mark during the […] Read more
Verizon Materialises $1 Billion Bond For Renewable Energy Projects Updated On Thu, May 11th, 2023 by Saurenergy Telecom major Verizon Communications has announced to have settled its fifth green bond offering of $1 billion. The New York headquartered firm said that the net proceeds of the funds are expected to be allocated entirely toward renewable energy investments. The objective to invest in renewables is to accelerate the transition towards green electrical grids […] Read more
The Promise Of Solar Energy From Space Updated On Thu, May 11th, 2023 by Saurenergy Solar space farms? One of the most fascinating developments in the renewable energy sector has been the possibility of putting solar technology in space. NASA, in 1977, claimed that in the coming years space solar could completely replace fossil fuels. The study and investments were stopped citing a lack of understanding of the technology required […] Read more
PTC To Purchase 100 MW Solar Power From Brookfield Renewables Updated On Wed, May 10th, 2023 by Saurenergy PTC India – that offers power trading solutions – has announced that it has inked an agreement with Brookfield Renewables. Under the scheme of things, PTC India will purchase 100 MW of solar energy from Brookfield on a long term basis. The agreement says that there is also an option to raise the power capacity […] Read more
Rockefeller Foundation, Ikea and Bezos Fund Backed GEAPP Launches India Plans Updated On Fri, May 5th, 2023 by Saurenergy In a significant fillip to the energy transition movement, GEAPP or the Global Energy Alliance for People and Planet has finally launched its India operations. Backed by heavyweights including the Rockefeller Foundation, Ikea Foundation and Amazon Founder Jeff Bezos’s Bezos Fund, the platform brings in a welcome dose of capital and global linkages to impact […] Read more
Clean Energy Share In India To Rise Upto 64% By 2030: CEA Estimates Updated On Fri, May 5th, 2023 by Saurenergy A latest estimation report by the Central Electricity Authority (CEA) predicts a strong positive growth of renewable energy in India in the next seven years. The authority recently released its revised second version of its “optimal generation mix 2030” report. The report estimates the power scenario by 2030 in the country. The report estimates that the […] Read more