PM Modi Exhorts Investors In Private Sector To Join India’s Green Growth Updated On Thu, Feb 23rd, 2023 by Saurenergy In his first formal address after the Union Budget on February 1, Prime Minister Narendra Modi made a spirited pitch for private sector participation and the many startup opportunities in India’s green growth push. “Every budget since 2014 has followed a consistent pattern. The push for green growth and clean energy has been built around […] Read more
The 5 Questions 2023 Could Answer for Renewable Energy in India Updated On Tue, Feb 21st, 2023 by Saurenergy India has over 174 GW of installed renewable capacity, including large hydropower at the conclusion of December 31, 2022. Solar power constituted the largest share of about 64 GW of the total. Wind power (41.9 GW), large hydro (46.85 GW), biomass/co-generation (10.2 GW), small hydro power (4.93 GW), and waste to energy with 0.52 GW […] Read more
The Top 5: Countries Offering Highest Incentives To EV Consumers Updated On Fri, Feb 17th, 2023 by Saurenergy Passenger cars account for nearly 45 per cent of global greenhouse gas emissions from the transport industry across the globe. In recent times, proper weightage has been given to the vehicles, deriving their mileage from renewable sources, in global efforts to bring down emissions. The enthusiasm, coupled with technological advancements, has made it possible for […] Read more
Renewable Energy Leads In Investor Interest In UP Global Investor Summit Updated On Tue, Feb 14th, 2023 by Saurenergy After the announcement by Reliance CMD Mukesh Ambani about investing Rs 75,000 crores in UP over the next 4 years, the summit has ended with renewable energy garnering possibly the highest commitments by value. State Investor summits usually measure their success by the value of MoUs signed, or in this case LOIs or Letter of […] Read more
Borosil Renewables FY23 Q3 Results- Sales Stagnate, Third Furnace Goes Online Updated On Tue, Feb 14th, 2023 by Saurenergy Solar glass manufacturer Borosil Renewables has reported its Q3 results for FY23. Sales have stagnated, with the company reporting total income of Rs. 170.9 crores during the period ended December 31, 2022 as compared to Rs. 171.3 crores during the period ended September 30, 2022. However, with the new furnace SG3 started during January, the […] Read more
Redwood Materials Gets $2 Billion Federal Funds For EV Battery Materials Plant Updated On Mon, Feb 13th, 2023 by Saurenergy The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) has announced a loan of $2 billion to Redwood Materials for the construction and expansion of a battery materials campus in Nevada. This is to support the growing EV market in America. DOE said that the Redwood Materials project will be the first facility in […] Read more
European Investment Bank Greenlights India’s Large Scale Hydrogen Projects with 1Bn Euro Updated On Thu, Feb 9th, 2023 by Saurenergy In a major announcement that will give India’s Hydrogen projects a push, the European Investment Bank (EIB) has given its nod on joining the India Hydrogen Alliance (IH2A) and provide impetus to green hydrogen hubs on large scale for projects located in India. Following Indian government and EIB approvals, the funding is pegged at close […] Read more
Enel Adds 5.2 GW Renewables World Over In 2022, 2 GW In North America Only Updated On Wed, Feb 8th, 2023 by Saurenergy North American clean energy firm Enel North America has announced that it has built 1.98 GW of utility-scale wind, solar and battery storage capacity across the US and Canada in 2022 alone. Worldwide, Enel built over 5.2 GW of new renewable capacity over the course of the year. Starting as an Italian utility firm, ENEL […] Read more
Navigating India’s Energy Transformation Through JETP Approach Updated On Wed, Feb 8th, 2023 by Saurenergy Just Energy Transition Partnership (JETP) was first announced at the CoP26 and has since emerged as a key mechanism for multilateral financing by developed countries to support an energy transition in developing countries. JETPs provide a means for partner countries to work with climate finance donors and private sector investors on a clean, just energy […] Read more
