Repsol Picks Siemens Gamesa Turbines For Its 200-MW Wind Projects Updated On Tue, May 9th, 2023 by Saurenergy Siemens Gamesa and Spanish petrochemical conglomerate Repsol have confirmed signing of two new contracts under which the global turbine maker will supply 40 units of its SG 5.0-145 onshore turbines for six wind farms in Spain. The total capacity of the six wind farms will be 200 MW. Following this agreement, Repsol will have eight […] Read more
ISTS is poised to be gamechanger for renewable energy adoption by India’s corporate sector: Sashi Kant Mishra, Fourth Partner Energy Updated On Fri, May 5th, 2023 by Saurenergy Tell us about your current ISTS-connected projects. Our portfolio entails Rajasthan with 330 megawatt of AC solar capacity, where we are in the phase two of connectivity. In Karnataka, we have another 300 megawatt of power capacity being set up. The said projects are in phase II of connectivity, with the Rajasthan project at an […] Read more
Tata Power Q4 Results- Strong Growth In Key Operational Metrics For FY23 Updated On Thu, May 4th, 2023 by Saurenergy Tata Power has announced its annual and Q4 financial performance report for Fy23. In a media statement, the power company said that in the Financial Year (FY) 23, the company reported growth in its revenue, Profit After Tax (PAT), and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Tata Power said that its PAT rose […] Read more
Renewable Energy: Looking Beyond Gujarat In 2023 Updated On Wed, May 3rd, 2023 by Saurenergy The Indian story of renewable energy is actually a story of paradoxes. Thus, even as the country has made remarkable progress in adding renewable capacity, it still fell comfortably short of the 175 GW target for 2022 Nationally, the country today has achieved 168 GW of renewable energy including large hydro power but the travesty […] Read more
Adani Green Energy Q4 Results Strong, Net Profit Rises 319 Percent Updated On Wed, May 3rd, 2023 by Saurenergy The Adani Groups green energy development arm, Adani Green Energy has announced a rise of 319 per cent in consolidated net profit to Rs 507 crore for the Q4 quarter ended March 2023. This corresponds to a net profit of Rs 121 crore in the corresponding quarter last fiscal. Other key numbers on the EBITDA […] Read more
GUS Technology Opens Taiwan’s First Battery Gigafactory Updated On Tue, May 2nd, 2023 by Saurenergy GUS Technology has inaugurated and opened Taiwan’s first battery gigafactory in Jhongli Industrial Park. The firm’s facility will help in Taiwan’s lithium battery industry reach a new milestone. GUS Technology focuses on lithium titanate (LTO) and NCM material systems. The factory entered into the design, development, and manufacturing of battery modules for EVs and energy […] Read more
Nordex Group to Supply 63 MW Turbines for Lithuania Wind Farm Updated On Mon, May 1st, 2023 by Saurenergy The Nordex Group has announced that it has again received an order from Lithuania for the supply of turbines. The Group will supply eleven units of N163/5.X turbines for the 62.7 MW Jurbarkas II wind farm. The win project is being built by the Lithuanian project developer Green Genius. The order also includes, said Nordex […] Read more
Explained: Can Higher Energy Density Batteries Power Air Travel ? Updated On Fri, Apr 28th, 2023 by Saurenergy One of the world’s largest battery manufacturers, CATL, has recently unveiled its new condensed battery boasting an impressive 500 Wh/kg energy density. The significance of this can be gauged from the fact that the firm teased the idea of electrifying passenger aircraft with its new battery revelation. And yes, it’s not yet another ‘demonstrator’ with […] Read more
Avaada Group Formally Confirms Raising US $1 Bn Funding for Augmenting Renwables from Brookfield Updated On Wed, Apr 26th, 2023 by Saurenergy Avaada Group has formally announced that it has raised US $ 1.07 billion to fund its green hydrogen and green ammonia ventures in India as a part of its ongoing US$ 1.3bn fund raise plan. Brookfield Renewable, through its Brookfield Global Transition Fund (BGTF) will be investing up to US $ 1 billion in Avaada […] Read more