Azure Power Q2 Results. Not Enough To Enthuse Investors Updated On Mon, Dec 13th, 2021 by Saurenergy The NYSE listed Azure Power Global Limited announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the fiscal second quarter 2022, period ended September 30, 2021. Fiscal Second Quarter 2022 Period ended September 30, 2021 Operating Highlights: Megawatts (“MW”) Operating* were 2,210 MWs, as of September 30, 2021, an increase of 31% over September 30, 2020. […] Read more
India’s 2030 Climate Targets are ‘achievable’ through Renewables: Says LBNL 2030 Updated On Fri, Dec 10th, 2021 by Saurenergy There is no doubt that India is in midst of an energy transition, with important social and economic implications depending on the pathways that are chosen. A Lawrence Berkeley National Laboratory (LBNL) study, under the US Department of State evaluated in-depth India’s future power investments. Giving a promising outlook on India’s future power system investments, […] Read more
Iberdrola, H2 Green Steel Join Global Push for Green H2 Electrolyser Mfg Updated On Fri, Dec 10th, 2021 by Saurenergy Iberdrola and H2 Green Steel have signed an agreement to build and operate a green hydrogen plant with an installed capacity of 1 GW and an estimated investment of 2.3 billion euros, financed through a combination of public funds, green project financing instruments and own funds. The new plant will power with clean fuel a direct […] Read more
Procurement At Scale Helped Bring Down Prices By 22% For 3 Wheelers Updated On Fri, Dec 10th, 2021 by Saurenergy With its focus on delivering clean, affordable, and reliable energy, Convergence Energy Services Limited (CESL) is playing a key role in creating an enabling ecosystem for transitioning to renewable, energy efficient solutions, specially, electric mobility. CESL, a subsidiary of state-owned Energy Efficiency Services Limited (EESL), works under the Ministry of Power, Government of India. Saur […] Read more
Green Hydrogen Powered India: From Vision to Reality Updated On Wed, Dec 8th, 2021 by Saurenergy Announcements of grand plans by Mukesh Ambani and Gautam Adani, and the partnership between L&T and ReNew have added serious ability behind the intent to produce green hydrogen in India The fact that India is not an energy self-reliant economy is well-known. Just a few weeks ahead of the Glasgow Summit, in August’21, Prime Minister […] Read more
Greenko, John Cockerill Partner on Green H2 Initiatives in India Updated On Wed, Dec 8th, 2021 by Saurenergy Greenko Group, a Hyderabad-based cleantech firm, and John Cockerill, manufacturer of alkaline electrolysers in Belgium, on Tuesday said they have signed an exclusive agreement to jointly develop market initiatives for green hydrogen electrolyzers in India. According to the joint press release, this partnership will facilitate the production of the lowest-cost green hydrogen by enabling delivery […] Read more
Europe & US Boost Their Domestic Wind Energy Industries Updated On Tue, Dec 7th, 2021 by Saurenergy Announcements of new projects and partnerships — Vineyard Wind 1, Valmont SM’s new wind turbine tower factory at Port of Esbjerg, and the Nigg Offshore Wind factory, to name a few — indicate that Europe and the US are ramping up their wind manufacturing capacity to gain a strong foothold in the much anticipated renewable energy-powered […] Read more
Enel To Start Selling Electricity Directly To Consumers In Australia Updated On Mon, Dec 6th, 2021 by Saurenergy Giving a boost to its plans on offering its unique “green-tailer” product in Australia, Italian energy major Enel Group has secured an energy retail license from the Australian Energy Regulator (AER). As a part of its offering, Enel combines renewables from virtual power plants to EV charging options for its customers. The entry of Enel […] Read more
India’s Journey Towards Clean Energy Transition in 2022: Stepped Approach Updated On Mon, Dec 6th, 2021 by Saurenergy By Vishnu Sudarsan, J Sagar Associates Decarbonize, digitise and decantrise is the new mantra for India’s energy transition roadmap. PM Modi’s Paris pledge has given a shot in the arm for the country’s transition plan towards clean energy and to achieve the goal of greening the economy. It provides certainty and visibility to a clean […] Read more
