EU Finalizes Net-Zero Industry Act, Boosts Green Technology Deployment Updated On Wed, Feb 7th, 2024 by Saurenergy The Council and the European Parliament recently reached a provisional deal on the regulation establishing a framework of measures for strengthening Europe’s net-zero technology products manufacturing ecosystem, better known as the ‘Net-Zero Industry Act’ (NZIA). Under the agreement, there will be a single list of net-zero technologies, with criteria for selecting strategic projects in those […] Read more
Budget For Transmission Project To Boost Power In Northeast: Minister Updated On Wed, Feb 7th, 2024 by Saurenergy Union Minister for Power and New & Renewable Energy and Power (MNRE) recently informed the parliament in a written reply about the growth in the implementation of projects under the Ministry of Power (MoP) for strengthening the Intra-State Transmission System as well as the distribution system in Northeastern States and Sikkim. The minister said, “Northeastern […] Read more
Gensol Engineering Raises Rs 900cr Equity Through Preferential Round Updated On Wed, Feb 7th, 2024 by Saurenergy Gensol Engineering Limited, a renewable energy and electric mobility pioneer, today raised a significant Rs 900 crore (Rs 9 billion) equity capital through warrants convertible into equity shares on a preferential basis. This major milestone comes at a juncture when Gensol is on a growth trajectory and is leading the green energy and clean mobility […] Read more
Aether Industries To Add 15 MW Solar To Captive Capacity Updated On Wed, Feb 7th, 2024 by Saurenergy Gujarat based speciality chemicals firm Aether Industries is adding to its existing captive solar capacity of 16 MW. With the initiation of a 15 MW Solar Power Project (Auto-Tracker Modules) under the Captive Power Producer (CPP) segment, the firm will move further towards powering operations using renewable energy. The newest order has been entrusted to […] Read more
BrightNight Rings In Leadership Changes For 37 GW Project Portfolio Updated On Tue, Feb 6th, 2024 by Saurenergy BrightNight, a global renewable power independent power producer (IPP) built to deliver clean and dispatchable solutions, recently announced the addition of two senior leaders to support the buildout of its 37 GW global portfolio in the areas of Asset Management (A&M), Operations & Maintenance (O&M) and Construction: Jeff Gibbons joins as Senior Vice President of […] Read more
January Power Market- IEX Reports Highest Ever Volumes, Green Power Slides Updated On Tue, Feb 6th, 2024 by Saurenergy Indian Energy Exchange (IEX), India’s leading electricity exchange, achieved the highest-ever total volumes in January 2024, reaching 10,893 million units (MU) – marking a 26.1% year-over-year increase. This volume comprises 9,137 MU from the conventional power market segment, 236 MU from the green market segment, and 15.20 lakh Renewable Energy Certificates (RECs) (equivalent to 1,520 […] Read more
Solar Power Generation In Europe To Rise by 50 TW in 2024, Germany To Lead The Way Updated On Mon, Feb 5th, 2024 by Saurenergy The solar photovoltaic (PV) energy generation will spike by about 50 terawatt-hours (TWh) in 2024 in Europe due to major capacity installations across the region, predicts a report by Rystad Energy. The report also suggests that Wind power generation is also expected to increase in 2024. However, the growth rate will not match last the […] Read more
Holtec Unveils Nuclear-Solar Hybrid Plant Design For Emission Reduction Updated On Mon, Feb 5th, 2024 by Saurenergy A United States (US) based company Holtec International which is an equipment and systems supplier for the energy industry recently developed a combined nuclear/solar plant (CNSP) power plant design. It melds the benefits of nuclear (high energy density, non-polluting, base load) with those of solar (zero fuel cost, minor regulatory barriers). It claims to be […] Read more
Tamil Nadu Cements Corporation Issues Tender For 20 MW Solar Plant at Virudhunagar Cement Work Site Updated On Mon, Feb 5th, 2024 by Saurenergy As the generation and usage of renewable energy comes under focus in Tamil Nadu, the state’s cement corporation has sought bids for the installation of 20 MW solar power plant at Alangulam Cement Works in Virudhunagar district. The tender document by the cement corporation also mentioned about the engagement of a consultant for the meticulous […] Read more
