Global Clean Energy Investment Jumps 17%, Hits $1.8 Trillion: BloombergNEF Updated On Thu, Feb 1st, 2024 by Saurenergy The latest report on Energy Transition published by energy think tank BloombergNEF said that the global investment in the low-carbon energy transition surged 17% in 2023, reaching $1.77 trillion. The report titled, ‘Energy Transition Investment Trends 2024 ‘, said that this number is a new record level of annual investment and demonstrates the resilience of […] Read more
NTPC, NRL Partner To Setup Green Energy Projects In North East Updated On Thu, Feb 1st, 2024 by Saurenergy National Thermal Power Corporation (NTPC) limited has signed a memorandum of understanding (MoU) with Numaligarh Refinery Limited (NRL), a subsidiary of Oil India Ltd. NRL is engaged in the business of Refining and Marketing of petroleum products. The MoU covers partnership opportunities in the proposed bamboo-based bio-refinery at NTPC Bongaigaon and other green energy projects. […] Read more
Railways Awards Contracts To 6 Firms For Its 750MW RE Project Updated On Wed, Jan 31st, 2024 by Saurenergy The Indian Railways has chosen six renewable energy companies to develop 750 MW of Round-The-Clock (RTC) renewable power. This comes after it released a tender earlier last year seeking developers. The Railway Energy Management Company Limited (REMCL) floated the tender. REMCL is a joint venture of the Indian Railways and RITES Ltd. As per the […] Read more
TagEnergy, Vestas Join Forces To Develop 220-MW Spanish Wind Portfolio Updated On Wed, Jan 31st, 2024 by Saurenergy Global clean energy enterprise TagEnergy and wind energy major Vestas have come together to develop 220-MW wind portfolio in Spain. The joint venture will see Vestas acting as lead developer and TagEnergy will draw on its experience developing wind farms to determine and shape the most cost-efficient model. The new wind energy project will come […] Read more
DRE, Mini-Grids Can Aid In The Growth Of E-Cooking In India: CSE Report Updated On Wed, Jan 31st, 2024 by Saurenergy A latest report from the Centre For Science and Environment (CSE) recommended the phasing out of LPG cylinders, used primarily for cooking in India. The CSE researcher advocated for boosting electric cooking (e-cooking) instead. The report also talked about the main challenges in rolling out large-scale adoption of e-cooking in India and the likely solutions […] Read more
Pexapark’s European Market Outlook 2024-More Utility, Hybrid PPAs In Offing Updated On Wed, Jan 31st, 2024 by Saurenergy Switzerland-based Pexapark, a specialist provider of Power Purchase Agreement (PPA) price reference, risk and portfolio management software and advisory services for renewable energy, has some interesting predictions for 2024, when it comes to Europe. In its latest European Market Outlook 2024 Report, the Pexapark predicts that Germany will be back on top in 2024 with […] Read more
NTPC Green, Maharashtra Govt Collaborate To Develop 5 GW RE Projects Updated On Wed, Jan 31st, 2024 by Saurenergy NTPC Green Energy Limited (NGEL) recently announced the development of Green Hydrogen project and its derivatives (Green Ammonia, Green Methanol) with the Maharashtra government. The project is expected to generate up to 1 million ton capacity per annum. Some other projects that have been planned to develop include Pump Hydro Projects (PHP) of 2 GW […] Read more
India’s Renewable Energy Capacity To Reach 54% By 2047: NREL Updated On Mon, Jan 29th, 2024 by Saurenergy A recent report by the United States (US)-based organization National Renewable Energy Laboratory (NREL) anticipated an increase in the share of renewable energy (RE) generation from wind and solar in India to reach 54 percent by 2047. The NREL report evaluated, “In the base scenario, investments in battery storage are economic in 2030 is expected […] Read more
Solis Hits 4 GW Milestone In India Updated On Mon, Jan 29th, 2024 by Saurenergy In 2015, Solis India embarked on its journey within the Indian solar power sector, emerging as a Tier 1 global inverter brand by BNEF. During this time, the exclusively string inverter firm has been a standout success story, benefiting both from a growing solar market in India as well as its own strategy focused on […] Read more
