RECPDCL Issues RFS for Wind Power Developers for 100 MW Wind Power Projects Updated On Thu, Aug 3rd, 2023 by Saurenergy REC Power Development and Consultancy Limited, a wholly owned subsidiary of REC Limited, a Maharatna company under the Ministry of Power, invites bids for the selection of wind power developer(s) for setting up of 100 MW ISTS-connected wind power project(s) in India via tariff-based competitive bidding (TBCB) process on Build Own Operate (B-O-O) basis unedr […] Read more
Brookfield & Reliance Join Hands for Green Energy Manufacturing in Australia Updated On Wed, Aug 2nd, 2023 by Saurenergy Brookfield Asset Management and Reliance Industries, India’s largest private sector enterprise and a Fortune 500 company, have entered into a Memorandum of Understanding (MoU) to explore opportunities for manufacturing renewable energy and decarbonization equipment in Australia. The primary goal of the MoU is to accelerate and de-risk Australia’s energy transition by fostering local production of […] Read more
Swiss Storage Firm Energy Vault Commissions First Gravity Energy Storage System In China Updated On Wed, Aug 2nd, 2023 by Saurenergy The world’s first grid-scale EVx™ gravity energy storage system (GESS) has entered the first phases of commissioning. Energy Vault Holdings, a firm that delves in sustainable, grid-scale energy storage solutions, has announced the commissioning of the project, along with its partners Atlas Renewable and China Tianying (CNTY). Located outside of Shanghai in Rudong, Jiangsu Province, […] Read more
SaurEnergy Explains- From Coal to Clean: Past, Present, & Future of India’s Renewable Energy Updated On Wed, Aug 2nd, 2023 by Saurenergy India has come a long way from its fossil fuel-based economy to becoming the nation with the fourth-largest installed capacity of renewable energy in the world. Coal and oil have so far served as the bedrock of India’s industrial growth and modernisation, giving a rising number of Indian people access to modern energy services. This […] Read more
Sikkim, Himachal, Chandigarh Top Performers In RPO Compliances Updated On Tue, Aug 1st, 2023 by Saurenergy A latest data from the Ministry of Power claimed that Sikkim, Himachal Pradesh, Chandigarh and Uttarakhand emerged as the best performing states in terms of their compliances towards Renewable Purchase Obligations (RPOs). The data was shared today by Union Minister of Power RK Singh today before the Lok Sabha. According to the data shared by […] Read more
China Surpasses Coal with 1.32 Billion Kw of Renewable Capacities Updated On Tue, Aug 1st, 2023 by Saurenergy China achieved a significant milestone in its renewable energy sector by the end of June this year. Its installed capacity reached an impressive 1.32 billion kilowatts (Kw), surpassing coal-fired thermal power generation. This record-breaking capacity accounted for 48.8 percent of the country’s total installed power generation capacity. According to data from the National Energy Administration […] Read more
EV Financing: Shell Foundation Backs Mufin Green Finance with INR 80 Million Updated On Tue, Aug 1st, 2023 by Saurenergy Mufin Green Finance, an electric vehicle (EV) financing company, secured funding of INR 80,000,000 from the UK-registered charity, Shell Foundation. The collaboration aims to establish a joint de-risking pool valued at $2 million, known as First Loan Default Guarantee (FLDG), to catalyze commercial debt. This strategic move is expected to enable Mufin Green Finance to […] Read more
Even As EV Sales Boom in Australia, Fuel Efficiency Standards Arrest Further Growth Updated On Mon, Jul 31st, 2023 by Saurenergy Australia is witnessing a demand-side surge for electric vehicles, yet the lack of new fuel efficiency standards is posing challenges for EV penetration. The Electric Vehicle Council’s (EVC) latest State of Electric Vehicles report highlights a significant surge in EV sales, representing 8.4 per cent of all new cars sold in Australia in the first […] Read more
ITOCHU Expands Renewable Energy Footprint with $2 Bn Overland Capital Partners Fund Updated On Wed, Jul 26th, 2023 by Saurenergy ITOCHU Corporation, headquartered in Minato-ku, Tokyo, has unveiled its latest venture in the renewable energy sector with the establishment of Overland Capital Partners, L.P., a fund focused on investing in renewable energy generation assets across North America, specifically in the United States and Canada. The fund is set to allocate up to approximately US$2 billion […] Read more
