Tata Power, Azure Win MSEDCL Hybrid Tender With Rs 2.62 Bid Updated On Mon, Jul 12th, 2021 by Saurenergy Tata Power (TP Saurya Limited) and Azure Power have edged out RenEw Power to win the Hybrid MSEDCL tender for wind and solar combined. The winning bidders came in with bids at Rs 2.62, a paisa lower than RenEw Power’s Rs 2.63 bid. The tariff is less than 10 percent higher than the one discovered […] Read more
RE Capacity Addition to Grow to 11GW in FY22, Predicts ICRA Updated On Fri, Jul 9th, 2021 by Saurenergy While renewable energy capacity addition reduced by 1.3 GW last year due to coronavirus-induced disruptions, ICRA expects the capacity addition to improve to 10.5-11 GW in FY22, led by a strong project pipeline of approximately 38 GW. Additionally, more than 20 GW RE projects are under the tendering phase from various nodal agencies, providing visibility […] Read more
2020 A Year Like No Other, Confirms BP Statistical Review Updated On Fri, Jul 9th, 2021 by Saurenergy Acknowledging the massive disruptions caused by the Covid pandemic in 2020, the annual BP Statistical Review has called 2020 ‘a year like no other’, as it lays bare the hits and misses for the energy sector in 2020. The headline number in our view, Carbon emissions from energy use fell by 6.3%, to their lowest […] Read more
Engineer – IT Updated On Thu, Jul 8th, 2021 by Saurenergy The Engineer- IT will be based in Hyderabad. Onboarding will be virtual for the time being with occasional socially distanced meetings at a Nextracker office. In this position, you will report to the Manager – IT. The main purpose of the job is to support IT infrastructure. Here is a glimpse of what you’ll do:- […] Read more
Shell & Uniper Sign MoU to Push Development of H2 Economy in Europe Updated On Wed, Jul 7th, 2021 by Saurenergy Shell Gas & Power Developments B.V. and Uniper Hydrogen GmbH have signed a memorandum of understanding to explore accelerating the development of a hydrogen economy in Europe. Under the MoU, they intend to find joint opportunities to couple industrial and mobility demand with hydrogen supply, production and storage. The companies will begin by assessing the […] Read more
Eco Wave Power Announces Closing of Public Offering of 1 Million ADS Updated On Wed, Jul 7th, 2021 by Saurenergy Swedish clean tech company Eco Wave Power Global AB (EWPG) has announced the closing of its underwritten public offering of 1,000,000 American Depository Shares (ADS), representing 8,000,000 common shares at a price to the public of $8.00 per ADS. The ADSs began trading on the Nasdaq Capital Market on July 1, 2021. EWPG granted A.G.P./Alliance […] Read more
German Govt Funds Study on Economic Viability of Floating PV Updated On Tue, Jul 6th, 2021 by Saurenergy The German Federal Ministry for Economic Affairs and Energy is funding a research project to develop the technology of floating PV systems and investigate its economic viability. The government is partnering with the Fraunhofer Institute for Solar Energy Systems ISE and the Brandenburg University of Technology Cottbus-Senftenberg to carry out the so called “PV2Float project.” Floating PV systems […] Read more
IEX Trades 7093 MU in June’21 with 48% YoY Growth Updated On Mon, Jul 5th, 2021 by Saurenergy The Indian Energy Exchange (IEX) traded 7093 MU of electricity volume in June’21 recording 48% YoY growth. According to the power demand data published by the National Load Dispatch Center, the national peak demand saw a 16% YoY increase, with the highest ever peak demand at 191.51 GW, while energy consumption at 115 BU grew […] Read more
Countries Investing in RE Enjoy Greater Economic Growth, says UK Study Updated On Mon, Jul 5th, 2021 by Saurenergy Researchers at the University of Sussex Business School and the University of Portsmouth have discovered that countries that invest more in renewable energy enjoy greater economic growth and lower levels of income inequality. The study, which analysed data from over 200 countries between 2000-2019, shows that renewable energy acts as a catalyst for reducing income […] Read more
