India’s Aluminium Industry Needs USD 29 Bn CAPEX To Go Net-Zero: CEEW Updated On Wed, May 1st, 2024 by Saurenergy The Indian aluminum industry requires an additional capital expenditure (CAPEX) of nearly Rs 2.2 lakh crore (USD 29 billion) to achieve net zero carbon emissions, according to Council on Energy, Environment and Water (CEEW) study. CEEW in its recent report found that renewable energy (RE) power sources could abate 49 percent of the total emissions […] Read more
Wind Turbine Nacelle Market Estimated To Reach $40.3 Billion By 2033: Report Updated On Wed, May 1st, 2024 by Saurenergy The “wind turbine nacelle market” is estimated to reach $40.3 billion by 2033, it was valued at $22.3 billion in 2023, growing at a CAGR of 6.3% from 2024 to 2033, according to a report by Allied Market Research. According to the Allied Market Research report, the global wind turbine nacelle market has experienced growth […] Read more
Audi Opens First EV Charging Hub Outside Europe In Tokyo Updated On Tue, Apr 30th, 2024 by Saurenergy Audi has opened its firm EV charging hub outside Europe in Japan’s capital Tokyo. The EV charging hub will enable drivers of electric cars of all brands to charge at four fast-charging points, each with up to 150 kilowatts (kW) – an excellent figure for charging power in Japan. Thanks to a buffer storage unit, […] Read more
April ALMM List-As Capacity Touches 44.6 GW, First Solar Makes Entry Updated On Mon, Apr 29th, 2024 by Saurenergy The latest released Approved List Of Module Manufacturers (ALMM), released by the Ministry of New and Renewable Energy (MNRE) on April 29 pegged the total enlisted module manufacturing capacity at 44.6 Gigawatt (GW). This is as against the earliest enlisted capacity of 41.5 GW. Accounting for a significant part of the jump in the domestic […] Read more
Waaree Energies Secures 400 MW PV Supply Contract From GIPCL Updated On Mon, Apr 29th, 2024 by Saurenergy Waaree Energies Limited, India’s leading solar PV modules manufacturer, recently received a reception of a Letter of Intent (LOI) from Gujarat Industries Power Company Limited (GIPCL) for a 400 MW module supply deal. The contract entails the supply of solar PV modules incorporating advanced bifacial technology for the 2,375 MW RE Park near Vill. Khavda, […] Read more
Envision In Agreement With HeroFuture Energies For 178 WTGs Of 3.3 MW Capacity Updated On Mon, Apr 29th, 2024 by Saurenergy Envision Energy, and Hero Future Energies, have signed a framework agreement for cooperation across multiple aspects of the Renewable Energy sector including WTG supply and other technologies including BESS and Green Hydrogen. The framework agreement also includes Envision providing 588 MW (178 units of EN 156-3.3 MW Wind Turbine Generators) that will produce 2,200 GWh units […] Read more
India Sees Steepest Rise Of Solar, Coal Follows The Race Updated On Mon, Apr 29th, 2024 by Saurenergy Renewable energy capacities in India especially solar seem to have received an impetus in the first quarter of 2024 (January-March). As per the analysis of the International Energy Economics and Financial Analysis (IEEFA) the highest additions of new capacities of fuels in India were seen from the solar sector, followed by coal projects. IEEFA in […] Read more
AdaniConneX Parter To Build Sustainability-Linked Data Centers Updated On Mon, Apr 29th, 2024 by Saurenergy AdaniConneX, a joint venture (JV) between Adani Enterprises and EdgeConneX, established sustainability-linked financing to raise to USD 1.44 billion. The financing has an initial commitment of USD 875 million, with the feature to extend the commitment up to USD 1.44 billion. This transaction can help elevate AdaniConneX’s construction financing pool to USD 1.65 billion and […] Read more
IEA Forecasts 40% Drop In Battery Storage Costs By 2030 Updated On Fri, Apr 26th, 2024 by Saurenergy International Energy Agency’s (IEA) recent report on the use of batteries in electric vehicles (EVs) and battery storage installations has shown that developer costs of batteries will decline by 40% by 2030. The report was prepared after studying the use of solar PV plus batteries and found the total upfront costs of utility-scale battery storage […] Read more
