Clean Power Can Reduce India’s Dependence On Gas For Peak Demand: IEEFA Updated On Wed, May 29th, 2024 by Saurenergy The Institute for Energy Economic and Financial Analysis (IEEFA) in its recent report found that new and cleaner options could soon replace the role of gas-based power in meeting peak electricity demand in India. India’s peak power demand, which, according to government forecasts, is likely to cross 350 gigawatts (GW) by 2030. The IEEFA in […] Read more
Borosil Renewables Reports 21% Jump In Revenues In Q4 Updated On Tue, May 28th, 2024 by Saurenergy Indian solar glass manufacturer Borosil Renewables Ltd today published its Q4 and annual financial results. The Q4 results (audited standalone) for FY24 indicated a 21 percent rise in its total revenues. However, the rise in losses remained a concern for the company. As per the details, the company reported a total revenue of Rs 23,254 […] Read more
Reskilling Essential To Assist Transitioning Traditional Roles To Sustainability-Focused Positions Updated On Fri, May 24th, 2024 by Saurenergy There has been a significant surge in the demand for sustainability roles across various industries. From renewable energy engineers to sustainability managers, companies are actively seeking professionals with expertise in environmental conservation and sustainable practices. This trend not only reflects a growing awareness of environmental issues but also underscores the importance of integrating sustainability into business operations. […] Read more
Top 5 Reasons Why the US is Poised To Make An Impact in Energy Storage Updated On Thu, May 23rd, 2024 by Saurenergy In the race towards a sustainable future, battery technology is emerging as a critical component. Batteries are vital for the renewable energy revolution, essential for the functioning of electric vehicles (EVs), and pivotal for energy storage systems that stabilize power grids. For years, China has held a dominant position in the global battery market, but […] Read more
Exempt 100% Of ISTS Charges For RE Power Till 2030: IEEFA Updated On Thu, May 23rd, 2024 by Saurenergy The Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research and Analytics have prepared and shared a list of key recommendations that the new Union government post-elections should take up in the first 100-days to reach the renewable energy targets up to 2030. As per the Indian government’s own target it wants to […] Read more
GUVNL Issues List of Tenderable PHP Sites With 14 GW Capacity Updated On Tue, May 21st, 2024 by Saurenergy The Gujarat Urja Vikas Nigam Limited (GUVNL) has now issued the list of 16 reserved Pumped Hydro Storage Project (PHP) Sites. The state power utility said that these 16 PHP sites could be allocated under the competitive bidding process for the benefit of state public discoms. The total potential of PHPs from all the 16 […] Read more
News Briefs May 16- ReNew & SG Tie-Up, Nextracker’s Milestone, Carbon PV Updated On Thu, May 16th, 2024 by Saurenergy ReNew and Societe Generale sign MoU for USD 1 Billion to broaden collaboration on energy transition projects NASDAQ listed ReNew, has announced the signing of a Memorandum of Understanding (MoU) with French banking major Societe Generale, to support the financing and development of the Company’s various strategic energy transition projects both in India and globally. […] Read more
EMotorad To Construct Integrated E-Cycles Gigafactory In Pune Updated On Thu, May 9th, 2024 by Saurenergy Electric vehicle company EMotorad has announced it will expand its existing manufacturing unit in Pune. India will be home to two of the world’s biggest gigafactories, one for Ola Electric two-wheelers and the other for EMotorad e-cycles, said the company. According to EMotorad the gigafactory is spread across 2,40,000 sq ft in phase 1 and […] Read more
Clean Energy Investments Reach 200 Billion In 2023, Says IEA Report Updated On Tue, May 7th, 2024 by Saurenergy The International Energy Agency (IEA) in its recent report found that renewable energy investments reached approximately USD 200 billion in 2023. The renewable energy investment reportedly witnessed a 70% increase compared to 2022. Among the renewable energy investments, sectors such as clean technology, solar PV, and battery manufacturing received more than double the investment, reaching around […] Read more
