Odisha is now Power Surplus Thanks to Increase in Renewable Generation Updated On Wed, Nov 11th, 2020 by Saurenergy The coastal state of Odisha is now a power surplus state as it has been making significant strides towards renewable generation, state officials have said. The coastal state of Odisha has become a power surplus state as it has been making significant strides towards renewable and green energy generation, state officials have confirmed. The average annual power demand of the state comes around 3,200 MW, […] Read more
India Expected to be the Largest Contributor to the Renewables Upswing in 2021: IEA Updated On Wed, Nov 11th, 2020 by Saurenergy IEA has predicted that India will be the largest contributor to the renewables upswing in 2021 and one of the key forces behind the record global expansion Renewable power is growing robustly around the world this year, contrasting with the sharp declines triggered by the COVID-19 crisis in many other parts of the energy sector […] Read more
Rising Market Cap Fuels Acquisition Ambitions For US Renewable Energy Firms Updated On Tue, Nov 10th, 2020 by Saurenergy Early in October this year, NextEra Energy, a renewable energy firm with almost 18 GW of solar and wind plants till last year, overtook Exxon Mobil in market cap for the first time ever. The event marked both the rising tide for renewable energy firms seen as leading the new energy transition, and the mark […] Read more
Increased EV Penetration to Boost Jobs and Lower Crude Imports in India: CEEW Updated On Tue, Nov 10th, 2020 by Saurenergy Increased EV penetration in India could help it save on crude oil imports worth over Rs 1 lakh crore annually and create 120,000 new jobs by 2030 A new study has found that India could save on crude oil imports worth over Rs 1 lakh crore (USD 14 billion) annually if electric vehicles (EVs) were […] Read more
Snam Enters Indian Market With Hydrogen Agreements With Adani and Greenko Updated On Mon, Nov 9th, 2020 by Saurenergy Italy’s Snam has announced its entry into the Indian market with the launch of its cooperation agreements in the hydrogen value chain with Adani and Greenko. Italy’s Snam has announced its entry into the Indian market with the launch of its cooperation agreements in the energy transition, particularly in hydrogen and low-carbon mobility with perhaps […] Read more
EVs Most Practical Vehicle Tech to Tackle Air Pollution in India: TERI Updated On Mon, Nov 9th, 2020 by Saurenergy “Electric vehicles (EVs) are by far the most practical vehicle technology intervention to address rising air pollution in the cities across India.” The Energy and Resources Institute (TERI) has developed the Digital Library on Green Mobility (DLGM) under the India component of the Nationally Determined Contributions (NDC)-Transport Initiative for Asia (TIA) programme. Speaking at the […] Read more
NTPC Plans to Have a 1/4th Renewable Portfolio by the Next Decade Updated On Mon, Nov 9th, 2020 by Saurenergy NTPC plans to achieve 32,000 MW of capacity through renewable energy or 25 percent of its overall power portfolio at the beginning of the next decade. NTPC Ltd, the PSU under the Ministry of Power, recently celebrated its 46th Raising Day completing 45 years of operation and commitment to serve as India’s largest power producer. […] Read more
Adani Green Energy Increases Income but net Profit Drops 82% in Q2 Updated On Fri, Nov 6th, 2020 by Saurenergy Adani Green Energy while reporting a slight increase in its total income has also reported a decline of over 82% in its consolidated net profit for Q2 2020. Adani Green Energy has reported its financial results for the second quarter (Q2) of the financial year after its Board of Directors approved the results. The firm […] Read more
Eos, Hecate to Deliver 1 GWh of Energy Storage Projects Across the US Updated On Thu, Nov 5th, 2020 by Saurenergy Eos Energy Storage has signed a broad-ranging agreement to provide over 1 GWh of energy storage projects across the US to Hecate Energy Eos Energy Storage, a leading manufacturer of zinc battery storage systems, has announced that it has signed a broad-ranging agreement to provide over 1 GWh of energy storage projects at an estimated […] Read more