Eolus to Buy 16 Wind Turbines from Siemens Gamesa for Sweden Projects Updated On Fri, Mar 4th, 2022 by Saurenergy Eolus, the leading wind power developer in the Nordic region, has signed an agreement with Siemens Gamesa, according to which the latter will deliver 16 wind turbines for upcoming wind projects in Skallberget-Utterberget and Tjarnas, Sweden. The first project, which is based in the Avesta Municipality in Skallberget-Utterberget, will be supplied with twelve SG 6.6-170 […] Read more
MG Motor-PPG Asian Paints JV to cut CO2 emissions by 1500 tons/annum Updated On Thu, Mar 3rd, 2022 by Saurenergy MG Motor India has recently become the world’s first automotive brand to use ULTRAX Degreaser, a liquid alkaline degreasing cleaner developed by PPG Asian Paints, an official announcement said. The degreasing pre-treatment chemical launch aligns with the brand’s focus on making sustainable mobility greener, leading to a CO2 reduction of 787 tons/annum, it added. Apart […] Read more
Hyundai to Launch 17 EV Models by 2030 Updated On Thu, Mar 3rd, 2022 by Saurenergy South Korean auto giant Hyundai has planned to come up with at least 17 complete electric vehicle (EV) models by 2030. The plan is to ensure a robust EV line up and stay afloat in the view of tough competition from rival EV makers in the global market. The plan was disclosed when Hyundai Chief Executive […] Read more
Swiss intl airlines to be world’s first to use ‘sun-to-liquid’ fuel Updated On Wed, Mar 2nd, 2022 by Saurenergy Swiss International Air Lines and its parent Lufthansa Group have agreed with synthetic fuel group Synhelion to use its solar aviation fuel, the Swiss airline said on Tuesday. “This will make SWISS the first airline in the world to use ‘sun-to-liquid’ fuel,” it said in a statement. The process devised by Synhelion, a spinoff from […] Read more
CERC nod for hydropower contracts in GTAM for HPO Compliance Updated On Mon, Feb 28th, 2022 by Saurenergy In a recent ruling, the Central Electricity Regulatory Commission (CERC) has granted approval to the Indian Energy Exchange Limited (IEX) to introduce hydropower contracts in Green Term-Ahead Market (GTAM) on its platform to facilitate the compliance of Hydropower Purchase Obligation (HPO) by obligated entities. The Ministry of Power (MoP) has set a target of 30000 […] Read more
“This fiscal we aspire to achieve 100 billion units in terms of volume”, says Rohit Bajaj, IEX Updated On Mon, Feb 28th, 2022 by Saurenergy Trading in India’s Green Day Ahead Market, ever since it started in October’21, and before that the Green Term ahead market (started in August 2020) has been on a growth path, hitting a high of 280 million units (MU) in January this year. Energy trading accounts for just 6% of the overall power market, with […] Read more
ReNew Power Q3 Results, Revenues jump 25% but losses mount too Updated On Mon, Feb 28th, 2022 by Saurenergy The Nasdaq listed ReNew Energy Global (ReNew Power) has announced its results for the Third Quarter (Q3 FY22) and Nine Months of Fiscal 2022, both ended December 31, 2021. Operating Highlights: The commissioned capacity of the Company increased by 1.1 GW during Q3 FY22 of which 0.8 GW was added organically. As of December 31, […] Read more
Azure Power Q3 Results See Losses Narrow, Generation Up 36% Updated On Mon, Feb 28th, 2022 by Saurenergy Azure Power Global Limited (Azure Power), which is listed on the NYSE, has announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the third quarter of fiscal 2022, ended December 31, 2021. Operating Highlights: Megawatts (“MWs”) Operating* were 2,523 MWs, as of December 31, 2021, an increase of 37% over December 31, 2020. […] Read more
Top 5 Ways to Increase Range of EVs Updated On Thu, Feb 24th, 2022 by Saurenergy There are various ways in which the range of an Electric car may be enhanced. Although some of the latest electric models go over 300 km in a single full charge, so-called range anxiety remains a common malady among EV owners. That’s totally understandable though. Nobody would like to be stranded on the roadside with […] Read more