Battery Player Brill Power Raises $10.5 Million Series Funding Updated On Wed, Jul 20th, 2022 by Saurenergy UK-stated battery management and control technology developer, Brill Power has announced the conclusion of its Series A round raising $10.5 million today (July 20th, 2022). This $10.5 million investment will be used by Brill Power to further its goal of developing batteries that are smarter, cleaner, safer, and longer-lasting as a crucial component of the […] Read more
Central Govt Lifts Curbs To Allow CPSEs To Import RE Material From China Updated On Wed, Jul 20th, 2022 by Saurenergy NTPC and other such Central Public Sector Enterprises have finally got a level playing field with private sector companies and can now import from China the materials needed in renewable projects. In a major announcement, the Central government has lifted the curbs imposed on them in 2020 to stop procurement of items from countries involved […] Read more
US, India Struggle To Counter China PV Dominance With Support For Domestic Manufacturers Updated On Wed, Jul 20th, 2022 by Saurenergy A few announcements, all in the past 30 days are beginning to prove just how tough it is for countries to counter China’s dominance of the solar supply chain. Notable among these have been moves made, or being contemplated in the US and in India now. These pull backs on actions taken or considered matter, […] Read more
India’s RE Capacity Stands At 114 GW Till June, 61 GW Short Of 2022 Target Updated On Wed, Jul 20th, 2022 by Saurenergy The Members of Parliament were separately informed by the Ministers of New and Renewable Energy in the Parliament on July 19 that India’s renewable energy capacity (excluding large hydro) stood at 114.07 GW till June-end this year, while 60.66 GW of projects are under various stages of development. India has set a target of having […] Read more
Chief Manager – Sustainability Updated On Tue, Jul 19th, 2022 by Saurenergy Engage with the internal stakeholders and present regular sustainability reports and conduct sustainability assessments. Develop and execute an overall program management and change management strategy related to business ESG initiatives/processes. Ensure ESG materiality assessments and other works related to corporate sustainability/ESG reports in accordance with the requirement of various frameworks and ratings. Collect, validate, calculate, […] Read more
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
GreenZo, API Power To Build 50 MW Green Hydrogen Plants In Nepal Updated On Tue, Jul 19th, 2022 by Saurenergy Delhi based solar energy developer GreenZo Energy has said that it has signed a Memorandum of Understanding (MoU) with Nepal based power company API Power for the development of 50 MW green hydrogen plants in Nepal. The plants will come up within a span of 3 years. The pact was signed in Kathmandu. Describing the […] Read more
Torrent Power Eyes Expansion Through New Acquisitions & Bids Updated On Tue, Jul 19th, 2022 by Saurenergy The annual report of Torrent Power reveals that the company is looking to expand its renewable energy portfolio by the way of fresh acquisitions of existing projects. Torrent is also keen to enter the sectors of transmission and distribution through privatization and franchising. The total power producing portfolio of Torrent currently stands at 4,975 MW […] 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
