Sify to power its data centre business with wind and solar energy Updated On Thu, Feb 24th, 2022 by Saurenergy Sify Technologies Ltd, an information and communications technology company, has signed a new deal with Singapore-based Vibrant Energy Holdings to procure 231 MW of electricity from solar and wind farms to supply the power needs of its hyper-scale data centres. It was announced by the two companies that the Indian firm inked power purchase agreements […] Read more
RWE, Tata Power to Jointly Explore Offshore Wind Potential in India Updated On Mon, Feb 21st, 2022 by Saurenergy RWE and Tata Power have agreed on a partnership to explore the potential for the joint development of offshore wind projects in India. A corresponding Memorandum of Understanding (MoU) has been signed between Tata Power Renewable Energy Limited, a 100 percent subsidiary of Tata Power, which is one of India’s largest integrated power companies, and […] Read more
Indian Oil Says New Policy to Cut Green H2 Cost by 40-50% Updated On Mon, Feb 21st, 2022 by Saurenergy Largest Indian oil firm IOC will set up ‘green hydrogen’ plants at its Mathura and Panipat refineries by 2024 to replace carbon-emitting units as it sees the just announced green hydrogen policy as a watershed moment in the country’s energy transition that will help cut costs. SSV Ramakumar, Director for Research and Development at Indian […] Read more
Husk Secures Funding For Solar Microgrids in Rural India Updated On Thu, Feb 17th, 2022 by Saurenergy Patna based Husk Power Systems, the rural clean energy services leader in Africa and Asia and operator of the largest fleet of community solar microgrids in India, today announced the successful close of a Rs.31 crores ($4.2 million) debt financing from the India Renewable Energy Development Agency (IREDA) Ltd. Besides the IREDA loan, Husk expects […] Read more
India Signs LoI with Australia for Solar & Hydrogen JV Updated On Thu, Feb 17th, 2022 by Saurenergy At the recently held virtual 4th India-Australia Energy Dialogue, the two countries signed a Letter of Intent (LoI) to jointly contribute to the advancement of new and renewable energy technology. The focus of this partnership is planned to be on scaling up manufacture and deployment of ultra low-cost solar and clean hydrogen. “This LoI will pave […] Read more
IIT Kanpur Incubated Offgrid Energy labs gets funding from Shell, others Updated On Wed, Feb 16th, 2022 by Saurenergy Offgrid Energy Labs, a deep science, Intellectual Property led global innovator has unveiled its first innovation – rechargeable zinc-based battery (ZincGel®). Backed by investors including Shell Ventures, Ankur Capital, and APVC Singapore, Offgrid Energy Labs aims to disrupt the global energy storage market through new materials and design for stationary batteries. According to the firm, growing demand […] Read more
After a bruising 2021, Wind Energy suppliers hope for a better 2022 Updated On Tue, Feb 15th, 2022 by Saurenergy 2021 was a difficult year for the Wind energy industry. Manufacturers were hit by rising costs, supply chain issues, and even low wind speeds. Heavyweights like General Electric (GE), Siemens, and Orsted, saw their profits dwindling in 2021. Impact on Businesses The impact on business in the wind energy was best exemplified by Siemens Gamesa, […] Read more
European Scientists Set Nuclear Fusion Energy Record Updated On Fri, Feb 11th, 2022 by Saurenergy European scientists on Wednesday announced fresh progress in the drive to make nuclear fusion a practical, safe and clean energy source, saying an experiment at a site in England set a record for the amount of fusion energy produced, more than doubling the previous mark. Researchers said they achieved 59 megajoules of sustained fusion energy […] Read more
India’s RE Capacity Addition Rose by ~80% in Q3 FY22: CEEW-CEF Updated On Thu, Feb 10th, 2022 by Saurenergy New capacity addition of non-hydro renewable energy increased to 3.4GW during the third quarter of FY22, compared to just 1.9GW installed in the same period last year, according to the latest edition of the CEEW Centre for Energy Finance (CEEW-CEF) Market Handbook. This is nearly an 80% rise in new renewable energy (RE) capacity addition […] Read more