NTPC generated record 360 BU of energy during FY21-22 Updated On Fri, Apr 1st, 2022 by Saurenergy NTPC, India’s largest integrated power generating company, has reported the highest-ever annual group generation of 360 BU (billion units) during FY2021-22, a growth of 14.6% compared to the previous year. During this period, NTPC states, the company also recorded the highest-ever single day generation of 1215.68 MU (Group) & 1013.45 MU (NTPC). The coal-based plants […] Read more
How are national oil companies tackling energy transition: Woodmac Updated On Thu, Mar 31st, 2022 by Saurenergy Despite their scale, national oil companies (NOCs) have until now largely escaped the heavy scrutiny experienced by international oil companies (IOCs) around emissions. Partly as a consequence, the energy transition strategies of most NOCs significantly lag those of their leading IOC peers, says Wood Mackenzie. NOCs account for more than half of global oil and […] Read more
British Intl Invt invests $89 M to scale renewable energy in India Updated On Thu, Mar 31st, 2022 by Saurenergy British International Investment, formerly CDC Group, the UK’s development finance institution (DFI) and impact investor, has announced a total commitment of $89 million to scale renewable energy capacity in India. The DFI’s investment is comprised of a Rs 350 crore (US $47 million) follow-on commitment to Fourth Partner Energy, and a Rs 315 crore (US […] Read more
Karnataka Renewable Energy Policy Approved By State Cabinet Updated On Thu, Mar 31st, 2022 by Saurenergy The Cabinet of the State Government of Karnataka has cleared the Karnataka Renewable Energy Policy for the period of 2022-2027, that seeks to maintain the state’s reputation as a renewable energy leader. The policy says that in the next five years, Karnataka will have a renewable power generation capacity of 10 GW. The policy wants […] Read more
Bulgaria May Add 4.9 GW of Renewable Energy by 2031 Updated On Wed, Mar 30th, 2022 by Saurenergy According to a draft plan created by the Electricity System Operator (ESO), the transmission authority of Bulgaria, the country is expected to see an increase of 5.9 GW in the overall national power capacity by 2031. Out of this, 4.9 GW is expected to come from renewable sources. The ESO document says that the total […] Read more
Log9 Collaborates with Jitendra New EV Tech in the production of e-Scooters Updated On Tue, Mar 29th, 2022 by Saurenergy Bengaluru-based battery technology start-up Log9 Materials has signed a Memorandum of Understanding with Nashik based EV manufacturer Jitendra New EV Tech Pvt. Ltd for a long-term collaboration to roll out an e-scooter named ‘JMT 1000HS Rapid.’ Log9 is offering its InstaCharging Battery Technology for the e-scooters. Log9 Materials says that JMT 1000 HS e-scooters have been designed and introduced […] Read more
MNRE Softens, Extends ALMM Compliance Date to October 1, 2022 for Open Access, Net Metering Projects Updated On Tue, Mar 29th, 2022 by Saurenergy In a major effort to reconcile the demands of developers vis a vis domestic manufacturers, the Ministry of New and Renewable Energy (MNRE), in a fresh office memorandum yesterday (March 28), has extended the start date of compliance with ALMM list for all open access and Net metering projects to October 1, 2022, from April […] Read more
DISPA recommends keeping C&I projects outside ambit of ALMM List Updated On Mon, Mar 28th, 2022 by Saurenergy In response to a petition filed by the Distributed Solar Power Association (DiSPA), the Delhi High-Court has sought clarification from the Ministry of New and Renewable Energy (MNRE), on the provisions they have made to protect ongoing projects, which could be negatively impacted with the extension of ALMM to projects under open access and net […] Read more
IElectrix-Shakti, A Smart Grid Demonstrator, Starts in Delhi Updated On Mon, Mar 28th, 2022 by Saurenergy Indian Shakti Microgrid has been officially launched. Within a cooperation agreement signed by Enedis and TATA POWER Delhi Distribution Limited, the demonstration aims at showing in a district located in New Delhi, India, the IElectric-Shakti microgrid seeks to demonstrate how innovative solutions allow the implementation of Local Energy Communities (LEC) using local PV units and […] Read more