REC Trading Drops to 9.2 Lakh in FY20-21 From 89.27 Lakh in FY19-20 Updated On Mon, Apr 26th, 2021 by Saurenergy The halt in trading since July 2020 has seen the REC market shrink to record the trade of just 9.2 lakh RECs in the financial year 2020-21 The halt in trading at the energy exchanges since July 2020 has seen the Renewable Energy Certificates (REC) market shrink to record the trade of just 9.2 lakh RECs in […] Read more
Wipro to Reach Net-Zero Greenhouse Gas Emissions by 2040 Updated On Fri, Apr 23rd, 2021 by Saurenergy Wipro Limited, a leading global information technology, consulting and business process services company, today announced its commitment to achieving Net-Zero Greenhouse Gas (GHG) emissions by 2040 in line with the objective of the Paris Agreement to cap temperature rise to 1.5°C. Wipro, while unveiling its pledge on Earth Day, also set an intermediate target of […] Read more
Freyr Energy Raises ₹18 Crore Investment from C4D, Total and Schneider Updated On Thu, Apr 22nd, 2021 by Saurenergy Freyr Energy, a solar rooftop company based in Hyderabad, announced yesterday that it has secured an equity investment of Rs 18 crore from Total Carbon Neutrality Ventures, Schneider Electric Energy Access Asia and C4D Partners. The company works towards providing technology solutions to help homeowners and MSMEs transition to solar. Saurabh Marda, Managing Director of […] Read more
NTPC Commissions 85 MW Solar project in Uttar Pradesh Updated On Tue, Apr 20th, 2021 by Saurenergy National power generator NTPC informed the stock exchanges yesterday that it has commissioned an 85 MW solar power project at Bilhaur in Uttar Pradesh. The filing follows the commissioning of the last leg of 15 MW capacity of the project earlier this month. This 85 MW addition in Bilhaur follows an existing 140 MW capacity […] Read more
European Hydrogen Plans Expand, With 40,000 Km Pipeline Network by 2040 Updated On Mon, Apr 19th, 2021 by Saurenergy Industry association European Hydrogen Backbone (EHB) has recently updated its vision for a dedicated hydrogen transport infrastructure across Europe, now proposing to build an 11,600 km (which was 6,800 km last year) hydrogen transportation network by 2030, which would come up to 39,700 km (as opposed to 23,000 km estimated last year) by 2040, aiming to […] Read more
Sasol & Toyota to Build Hydrogen Mobility Corridor in South Africa Updated On Mon, Apr 19th, 2021 by Saurenergy At the ‘2nd Renewable Hydrogen and Green Powerfuels Webinar for South Africa’ organised recently, Sasol and Toyota South Africa Motors (TSAM) announced that they have teamed up to build a hydrogen mobility corridor on a key South African freight route. The project will not only help South African fuel giant Sasol in reducing its own […] Read more
Global Grid Battery Storage Capacity will Likely Reach 134.6 GW by 2030: F&S Updated On Fri, Apr 16th, 2021 by Saurenergy As more nations commit to renewable energy, F&S predicts the global grid battery storage capacity to likely reach 134.6 GW by 2030. Frost & Sullivan’s (F&S) recent analysis on the global grid battery energy storage market finds that the continual expansion of intermittent renewables (RE) and declining technology costs are key factors fuelling the market. As more nations […] Read more
SECI Issues RfS for 1.2 GW of ISTS Wind-Solar Hybrid Projects Updated On Fri, Apr 16th, 2021 by Saurenergy SECI has issued a tender for setting up ISTS-connected wind-solar hybrid power projects in India, for an aggregate capacity of 1.2 GW. The Solar Energy Corporation of India (SECI) has issued a tender, inviting proposals from eligible bidders for setting up ISTS-connected wind-solar hybrid power projects in India (Tranche-IV), on a Build Own Operate (BOO) […] Read more
First North Central Wind Project Begins Commercial Operation Updated On Thu, Apr 15th, 2021 by Saurenergy American Electric Power’s 199-megawatt (MW) Sundance Wind Energy Center in north central Oklahoma has begun commercial operation. Located in Woods County, Sundance is one of three wind projects that compose the North Central Energy Facilities, which will provide 1,485 MW of clean energy to customers of AEP’s Public Service Company of Oklahoma (PSO) and Southwestern Electric Power Company (SWEPCO) subsidiaries. Invenergy is […] Read more
