MNRE EoI For Establishment Of Three Power And RE Equipment Hubs Updated On Tue, May 31st, 2022 by Saurenergy The Union Ministries of Power and New and Renewable Energy have jointly proposed a Rs 1000 crore worth scheme inviting the companies for establishment of three manufacturing zones in the country by 2026-27, two in a brownfield on already developed land and one greenfield manufacturing zone in a coastal area of the country. The details […] Read more
Investors In Oil And Gas Assets Could Be Exposed To Increasingly Higher Risks, Says Study Updated On Tue, May 31st, 2022 by Saurenergy The ownership of over 43,000 oil and gas assets has recently been traced to reveal who ultimately loses from misguided investments that become stranded. Stranded assets mean a wealth loss for the owners of the assets. Published in the journal Nature Climate Change on May 26, the study has found the US standing top in the […] Read more
South India’s Second Big Renewable Push Starts Now Updated On Mon, May 30th, 2022 by Saurenergy Introduction Back in 2014-15, when the new government of Prime Minister Modi first took stock, and hiked India’s renewable energy target 5 fold to 175 GW by 2022, a number of assumptions were made. From the share of solar (100 GW), to the share of rooftop solar within that (40 GW), Wind energy (60 GW) […] Read more
Australian City Turns To Compressed Air Project For Storage Of 1.5 GWh Updated On Mon, May 30th, 2022 by Saurenergy Broken Hill, a city in rural New South Wales, Australia, has opted for advanced compressed air energy storage for energy storage. The project can be completed and commissioned by 2025, if not earlier. The advanced compressed air energy storage (A-CAES) technology, Hydrostor, has been proposed by a Canadian company recently releasing a statement that its […] Read more
ReNew Power Signs PPA With Meghmani Finechem For Hybrid Project Updated On Mon, May 30th, 2022 by Saurenergy Meghmani Finechem Limited (MFL), a leading manufacturer of Chlor-Alkali and its value added derivatives, on May 28 announced that it has entered into agreements with Renew Green Energy Solutions Pvt Ltd for setting up a wind-solar hybrid power project. Meghmani Finechem has executed an Energy Subscription Agreement (ESA) and Share Subscription and Shareholder Agreement (SSSHA) […] Read more
The Top 5: Indian Cement Manufacturers & Their Efforts Towards Sustainability Updated On Mon, May 30th, 2022 by Saurenergy The Indian Cement industry is the second-largest producer of cement in the world, while the Indian market is also the second-biggest consumer on the planet. The country had over 200 large cement producing plants and more than 360 small ones recording a turnover of around Rs 64,000 Crore in FY-20. With a massive and ongoing […] Read more
The Top 5: Steel Companies in India & Their Commitments to Reduce CO2 Emissions Updated On Fri, May 27th, 2022 by Saurenergy The Iron and Steel industry is one of the most crucial parts of human existence. The development of any nation is directly linked to its steel consumption. The story is no different for India which is not only a consumer but also a significant producer of steel. Besides, producing 120 Million Tonnes (MT) of crude […] Read more
Global trailblazers offer inclusive off-grid solutions Updated On Fri, May 27th, 2022 by Saurenergy By Chhavi Sharma, International Programme Manager, Ashden The shortlists for the annual Ashden Awards highlight a new crop of grassroots renewable energy solutions – revealing key trends in the sector, and raising the profile of its breakout stars. The awards accelerate climate innovation creating fairer, better low-carbon world. The awards shortlists, announced earlier this month, […] Read more
TotalEnergies takes 50% stake in Clearway Updated On Fri, May 27th, 2022 by Saurenergy Leading french energy player, TotalEnergies, has announced that it is acquiring a 50% stake in Clearway Energy Group (CEG) which is the 5th largest US renewable energy player. The deal is being done in association with Global Infrastructure Partners (GIP). This is the third largest acquisition in renewable energy in America which itself is one […] Read more
