India Explores Aluminium-Ion Battery As Demand For Lithium Spikes Updated On Wed, Jul 7th, 2021 by Saurenergy Being the third-largest oil importer in the world, in its drive to minimize dependency on oil and fuel imports, India is advancing in a battery technology that uses aluminum rather than lithium as the key ingredient. As far as Aluminum Battery is concerned, recently the Indian Oil Corporation (Indian Oil) has announced that it has established a […] Read more
Azure Power Secures $163 Million Investment for 300 MW Solar Project Updated On Fri, Jul 2nd, 2021 by Saurenergy NYSE listed Azure Power, has secured a USD 163 million investment led by Tokyo-headquartered Mitsubishi UFJ Financial Group (MUFG). This investment is five-year syndicated financing for a 300 MW solar plant to be developed in Rajasthan. With this, Azure follows Adani Green energy in getting MUFG on board. MUFG is the third renewables project financing […] Read more
Punjab Power Crisis The Worst Case Scenario For Poor Policy Decisions Updated On Fri, Jul 2nd, 2021 by Saurenergy Less than 72 hours after Union Minister R.K. Singh spoke about a target of 24×7 power, Punjab, one of the most prosperous North Indian states, is plunged into a power crisis. In this crisis lies the case for some of the biggest reforms that have been pending due to resistance from multiple states, including Punjab […] Read more
EXIM Bank Extends $40 M to Togo to Power 350 Villages with Solar PV Updated On Wed, Jun 30th, 2021 by Saurenergy Export-Import Bank of India has, on behalf of the Government of India, extended a Line of Credit (LOC) of USD 40 million to the Government of Togo for the purpose of the electrification of 350 villages in Togo through solar photovoltaic systems. India has been on a major outreach among developing countries ever since it […] Read more
India’s Three Battles To Lose Updated On Wed, Jun 30th, 2021 by Saurenergy What, and how India sets about achieving climate goals in the decade to 2030 matters. Not just for the impact it will have on doing our bit on global warming, but also for what it does to shift the country decisively away from our current energy pathways. The decade to 2030 also seems to be […] Read more
NTPC Concall- Spotlight On Aggressive Renewables Plans Updated On Tue, Jun 29th, 2021 by Saurenergy NTPC’s revised 60 GW renewable energy plan by FY32 was just one of the many interesting announcements and information pieces shared by the group’s Director (finance) A.K. Gautam at the online conference call with analysts following Q4 results. We bring you some of its highlights. Gautam added that 2884 MW of solar projects including ongoing […] Read more
“Floating Solution Will Be One Of The Main Enablers For PV sector In India” Updated On Mon, Jun 28th, 2021 by Saurenergy For French Solar Firm Ciel Et Terre, India was natural market market once the country embarked on a strong solar push, not to mention the strong partnership with France at global for a like the International Solar Alliance. Through its India firm Ciel Terre India, the firm has been quietly working to educate developers and policy […] Read more
Adani Ramps Up Renewables Ambition For Group Updated On Mon, Jun 28th, 2021 by Saurenergy In a letter to the shareholders, Gautam Adani, Chairman, Adani Group, said the company is aligning with India’s goal of becoming the world’s biggest player in renewable energy. The group has also set a target for itself to become the biggest solar power producer in the world. According to the chairman’s letter, the Adani Group […] Read more
NTPC Targets to Install 60 GWs Renewable Energy by 2032 Updated On Mon, Jun 28th, 2021 by Saurenergy India’s largest integrated energy company, National Thermal Power Corporation Ltd (NTPC), has become the first Indian energy company to declare its Energy Compact goals as part of UN High-level Dialogue on Energy (HLDE). It has announced its sustainability energy compact targets. As per the official release by the ministry, NTPC has set a target to […] Read more