World Bank Approves $311 Million for Renewable Energy in West Africa Updated On Fri, Dec 23rd, 2022 by Saurenergy The World Bank has cleared the Regional Emergency Solar Power Intervention Project (RESPITE) for the West African region with an approval of $311 million that will be financed through its agency – International Development Association (IDA). The new project is expected to benefit the existing and prospective power consumers in the participating countries of Chad, […] Read more
Apollo Tyres to Increase Renewable Power Share to 25% by 2026 Updated On Fri, Dec 23rd, 2022 by Saurenergy More and more firms worldwide are striving to become carbon neutral and increase the share of renewable energy in their energy mix to power operations. Leading tyre manufacturer Apollo Tyres is among the latest firm to jump onto this bandwagon. Apollo Tyres has revealed in its new ESG (Environment, Social and Governance) commitment that the […] Read more
Flipkart Commits 100% Renewable Electricity by 2030 for Operations Updated On Thu, Dec 22nd, 2022 by Saurenergy E-commerce giant Flipkart has said that it has become the first Indian e-commerce company to commit to sourcing 100% of its electricity needs from renewable sources for its entire operations by 2030. As a part of this pledge, Flipkart has taken Climate Group’s RE100 commitment, which is a collaboration of the world’s most influential businesses […] Read more
China’s Biggest Energy Storage Facility Goes Live Updated On Thu, Dec 22nd, 2022 by Saurenergy A stand-alone energy storage station that has a capacity of 200 MW/400 MWh has been connected to the grid in China’s Ningxia. Chinese conglomerate behind the project Hithium Energy Storage made the announcement. Xiamen Hithium Energy Storage Technology Co., Ltd., is a high-tech enterprise formally established in 2019, specializing in the R&D, production and sales […] Read more
Adani Solar Launches India’s First Large-Sized Monocrystalline Silicon Ingot Updated On Thu, Dec 22nd, 2022 by Saurenergy Adani Solar, the Solar PV manufacturing arm of Adani Group, has introduced India’s first large sized monocrystalline silicon ingot. The company has said in its official statement that the new product has been inaugurated by Gautam Adani, Chairman of the Adani Group at its Mundra facility, where it is setting up a 10 GW manufacturing […] Read more
Though India’s RE, EV Subsidies More Than Double in FY22, Support Low Vis-a-vis Ambition Updated On Wed, Dec 21st, 2022 by Saurenergy A study entitled ‘Mapping India’s Energy Policy’ a study conducted by IISD has made significant observations about subsidies in the renewable energy and EV sector and the government support extended to these sectors by way of subsidies. The key observations are as follows: Subsidies for fossil fuels on the declining trend, but RE, EV subsidies […] Read more
NTPC Group Crosses 3 GW Operational Renewable Capacity Updated On Tue, Dec 20th, 2022 by Saurenergy India’s largest energy conglomerate, NTPC reached the milestone of 3 GW operational capacity following the commissioning of 100 MW of solar capacity at its Nokhra Project in Rajasthan. With the launch of its 92 MW floating solar project at Kayamkulam, Kerala, the group had already passed 2 GW on June 24, 2022. The initial GW […] Read more
Power Grid Corp of India to Invest Rs 330 Cr in Transmission Project Updated On Tue, Dec 20th, 2022 by Saurenergy Power Grid Corporation of India has revealed its plans to invest in the expansion of the renewable energy infrastructure in the country. In a regulatory filing, the power transmission company said that the Board of Power Grid has approved an investment proposal of Rs 330.61 crore for the development of transmission system that will help […] Read more
Prioritising Rajasthan’s Energy Sufficiency Sustainably Requires Incentivising State Genco Updated On Mon, Dec 19th, 2022 by Saurenergy Solar energy is the most readily available source of non-polluting renewable energy resource. The uniqueness of the solar technologies is that it offers a wide range of applications in solar PV as well as solar thermal technology in which case, the generated heat could be used for domestic as well as industrial applications and power […] Read more
