Indian Oil, NTPC Form JV For 650 MW RE Updated On Tue, Jul 19th, 2022 by Saurenergy India’s largest power producer state owned NTPC and Indian Oil Corporation Limited have formally inked a joint venture company recently, mandating the former to produce round-the-clock 650 MW renewable energy required by the upcoming projects of the refineries in Indian Oil. Released by the companies, a statement reads that the JV was necessitated by a […] Read more
Ola Will Invest $500 Mn In Battery Innovation Centre In Bengaluru Updated On Tue, Jul 19th, 2022 by Saurenergy E-Mobility is catching the fancy of the companies across Asia Pacific region, thereby attracting ever higher investments. Following the trend, and adding its own ‘think big’ motto to it, Ola Electric recently announced an investment worth $500 million for setting up its futuristic Battery Innovation Centre (BIC) in the city of Bengaluru. A statement released […] Read more
GM, Pilot Company To Establish Coast-to-Coast EV Fast Charging Network in USA Updated On Tue, Jul 19th, 2022 by Saurenergy GM and Pilot Company (Pilot and Flying J) have announced partnership for DC fast charging network that will be installed, operated and maintained by EVgo through its eXtend offering in the United States of America. The key objective behind this is to advance adoption of EVs, while also accelerating access to charging and making possible […] Read more
AP Identifies 29 Locations For 33 GW PSP Projects Updated On Mon, Jul 18th, 2022 by Saurenergy Andhra Pradesh has identified about 29 locations across the state for development of Pumped Hydro Storage Projects (PSP) totaling the capacity of 33 GW in 1.45 lakh acres of land in Kadapa, Kurnool, Anantapur districts. Rolling out the PSP projects, Non-Conventional Energy Development Corporation of Andhra Pradesh Limited will help lease around 5 lakh acres […] Read more
India’s RE May Fall Short Of 2030 Target By 104 GW: GlobalData Updated On Mon, Jul 18th, 2022 by Saurenergy A new report has predicted that current growth trend of renewable energy production may pull India 104 GW short of the 2030 renewables target. 2030 RE target requires India, according to GlobalData, to add more than 38 GW of renewable capacity every year from 2022 to 2030. Ironically, Central Electricity Authority has predicted that India […] Read more
Lowest Tariff Of Rs. 2.84/kWh Discovered In GUVNL 500 MW Wind Auction Updated On Mon, Jul 18th, 2022 by Saurenergy In Gujarat Urja Vikas Nigam’s (GUVNL) auction to buy power from 500 MW of grid-connected wind power projects, Rajpur Renewables, Juniper Green Energy, Solarcraft Power India 3, O2 POwer, TEQ Green Power XII, ACME Pokhran Solar, and Project Twelve Renewable Power were proclaimed winners (Phase-III). The greenshoe option for the tender had an additional capacity […] Read more
NHPC To Catalyze Green Hydrogen Technologies In Leh, Kargil Updated On Mon, Jul 18th, 2022 by Saurenergy State-owned National Hydroelectric Power Corporation (NHPC) has announced the signing of two Memorandum of Understandings (MoUs) for the establishment of ‘Pilot Green Hydrogen Technologies’ in Leh and Kargil districts of Ladakh. The official statement says that the projects are in keeping with the country’s ambition to mitigate the carbon footprint in the power sector. […] Read more
Amazon Accelerates Investments In Green Hydrogen Firms Updated On Mon, Jul 18th, 2022 by Saurenergy Amazon has revealed that its $2 billion Climate Pledge Fund is now spurring efforts towards the decarbonization of global operations through green hydrogen. The Fund is known for its early investments in companies like Rivian and BETA Technologies. The Climate Pledge Fund will also be making fresh investments in Electric Hydrogen and Sunfire, the U.S. […] Read more
Two RWE Projects Selected For EU Innovation Fund Grants Updated On Mon, Jul 18th, 2022 by Saurenergy Renewable energy player RWE has said that two of its innovative projects have been pre-selected for funding by the EU Innovation Fund. The fund is claimed to be one of the world’s largest programmes for demonstrating innovative low-carbon technologies. These are RWE’s FUREC project in the Netherlands and an offshore wind farm off the German […] Read more
