ICRA Sees FY24 Ending On a Positive Note For RE, 20 GW Additions Projected For India Updated On Thu, Dec 7th, 2023 by Saurenergy Ratings and Research firm ICRA sounded an optimistic note in their December update, with hopes that overall renewable capacity additions in FY24 will touch 20 GW. That number, made up of 12 GW of solar, 2 GW of wind besides other RE sources, becomes even better for FY25. The firm expects solar to add 20 […] Read more
Startup India & Avaana Climate Launch Grand Challenge for ClimateTech Innovation Updated On Tue, Dec 5th, 2023 by Saurenergy Avaana Climate & Sustainability Fund, an early-stage VC that invests in disruptive technology-led climate startups, in collaboration with Startup India, a flagship initiative of the Government of India has unveiled the ‘Grand Challenge for ClimateTech Innovation’. This initiative aims to identify and support entrepreneurs building world-class solutions, to aid India and the entire world, in […] Read more
Possible To Abate 400 Mt CO2 Emissions Globally With Carbon Capture: IEA Updated On Mon, Dec 4th, 2023 by Saurenergy IEA (International Energy Agency) report on carbon capture and storage identifies challenges in deployment of clean energy technology and in reducing carbon emission. It also compares carbon capture technology, which based on technology for CO2 reduction, with solar PV (Photovoltaic) technology which aim at electricity generation. The report finds that, the depending on other variables […] Read more
ZEVO Introduces Electric Refrigerated Vehicle in Partnership with IIT Updated On Mon, Dec 4th, 2023 by Saurenergy Tech-enabled electric vehicles mobility platform, ZEVO, has announced its partnership with Machphy Solutions towards the deployment of the brand’s innovation across ten cities in its inaugural year. The initiative will benefit several sectors such as pharmaceutical, seafood, dairy, and FMCG Industries in the temperature controlled last-mile delivery segment. Machphy Solutions is a tech firm from […] Read more
K Shanmugha Sundaram Takes Over as Director (Projects) at NTPC Updated On Mon, Dec 4th, 2023 by Saurenergy K. Shanmugha Sundaram has taken charge as Director (Projects), NTPC on December 1, 2023. K. Shanmugha Sundaram is a 1988 batch Electronics and Communication Engineering graduate from the Government College of Technology, Coimbatore with PGDM from MDI Gurgaon in the area of Strategy & Finance. Prior to joining as Director (Projects), NTPC Limited, he was […] Read more
O2 Power Awards 97 MW Wind Turbine Order to GE Vernova Updated On Fri, Dec 1st, 2023 by Saurenergy Independent Power Producer O2 Power has awarded a 97 MW turbine project to Massachusetts-headquartered GE Vernova. The wind project is located in Maharashtra. The wind project encompasses the supply, installation and commissioning of 36 units of GE’s workhorse 2.7-132 wind turbines. The agreement will pave the path for the supply of renewable energy to several […] Read more
Rise In Renewables In Europe Can Curb Up to 67% Emissions: Report Updated On Thu, Nov 30th, 2023 by Saurenergy A recent event by Wood Mackenzie shared an analysis on the current growth in Europe’s flexible renewable energy. The report finds that, European power market will see its carbon intensity plummet. It accredits this rise with the change in ambitious climate-energy policies. Moreover, it finds that, flexibility to be key to enable this change, according to […] Read more
China’s Module Giants Sound Alarm Over Falling Prices Updated On Thu, Nov 30th, 2023 by Saurenergy At the Bloomberg New Energy Finance Summit in Shanghai on November 27, the leaders of China’s, and the world’s largest solar module firms expressed worries on the all time low module prices seen in recent weeks and months. For what it is worth, prices are expected to drop even further before any recovery can start. […] Read more
Arctech Bags Additional Order of SkyLine II Project in India, Total Project Capacity At 3.4GW Updated On Tue, Nov 28th, 2023 by Saurenergy Arctech, a leading solar energy solutions provider, has confirmed the acquisition of an additional order for the SkyLine II solar tracking solution in India, bringing the total project capacity to an impressive 3.4GW. This expansion marks the largest project undertaken by Arctech in the Indian market. Situated in the arid desert region along the India-Pakistan […] Read more
