JSW Group To Invest Rs 40,000 Crore In Odisha For EV Projects Updated On Tue, Jan 23rd, 2024 by Saurenergy Odisha government on Monday approved a special package pertaining to JSW’s projects related to electric vehicle and component manufacturing in Naraj, Cuttack and Paradip. Through these projects the JSW group will invest Rs 40,000 crore in the eastern state of Odisha. On the approval to JSW’s investment projects in the state, Odisha CM Naveen Patnaik […] Read more
Amazon’s Portfolio Can Power 7.2 million US Homes Each Year: Report Updated On Mon, Jan 22nd, 2024 by Saurenergy Amazon, a corporate company in the United States (US) invested in more than 100 new solar and wind energy projects in 2023, becoming the one of the corporate purchasers of renewable energy for the fourth year in a row. Amazon claims these investments include the company’s first brownfield project—which will repurpose a previously polluted Maryland […] Read more
Waaree Renewable Reports 158% Jump In PAT In Q3 Updated On Mon, Jan 22nd, 2024 by Saurenergy Waaree Renewable Technologies, the solar EPC subsidiary of the Waaree Group has now announced its Financial Results for Third Quarter (Q3). The consolidated financial results of the renewable firm said that its total revenue in Q3 increased by 338.78 percent on a Year-on-Year (YoY) basis. It also announced a 158.09% increase in Profit After Tax […] Read more
India Has Around 32 GW of RE Projects Under Bidding Stage: RK Singh Updated On Mon, Jan 22nd, 2024 by Saurenergy Union Minister of New and Renewable Energy RK Singh said in a press conference that no country could excel without sufficient power. “The power shortage in India has come down from around 4.5% in 2014 to less than 1% today,” he said. He added, “Electricity is the most important infrastructure, which is a sine qua […] Read more
Hybrid RE Power Can Cut LCOE Of Green H2 Upto $4.3/kg By 2030: Report Updated On Fri, Jan 19th, 2024 by Saurenergy A latest report from Wood Mackenzie claimed that solar-wind hybrid energy can be used to bring down the cost of production of Green Hydrogen. Wood Mackenzie is a research organization that published reports on energy and related issues. The latest report was specifically talked about the roadmap of India’s renewable sector to achieve net-zero. The Wood […] Read more
MNRE Notifies Constitution Of Wind Repowering Committee Updated On Fri, Jan 19th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a notification pertaining to the constitution of a Wind Repowering Committee. The committee will be chaired by Joint Secretary (Wind), MNRE along with Director (Technical), IREDA Director (Projects), SECI as its members, the notification said. The MNRE committee on Wind Repowering will also have the […] Read more
Europe Adds 4.2 GW Offshore Wind in 2023; Up 40% From 2022 Updated On Fri, Jan 19th, 2024 by Saurenergy WindEurope – a premier association promoting wind energy in Europe – held that year 2023 witnessed a record 4.2 GW of new offshore wind farms come online in Europe. This was a 40 percent increase compared to the corresponding figures from 2022. The agency said that €30 billion of new investments were confirmed in 2023 covering […] Read more
Squadron Energy Begins Building 14GW Wind Farm Expected to Power 2 Million Homes In Australia Updated On Fri, Jan 19th, 2024 by Saurenergy The construction of the largest wind farm in Australia’s New South Wales is currently underway. Upon completion, the project is expected to generate 14GW of green electricity which will be sufficient to power six million homes. The wind farm is being built by Squadron Energy, a renewable energy company in Australia, wholly owned by Tattarang. […] Read more
Ganfeng, Hyundai Enter Long Term Lithium Supply Deal Updated On Fri, Jan 19th, 2024 by Saurenergy China’s leading lithium producer, Ganfeng Lithium, has announced that it has entered into a supply agreement with South Korea’s Hyundai Motor. The auto firm claims that the new deal reflects the automotive industry’s strategic move to secure raw material sources amid the electric vehicle (EV) revolution. The long-term deal entails Ganfeng supplying Hyundai with battery-grade […] Read more
