Karnataka to optimise RE with storage support Updated On Tue, May 10th, 2022 by Saurenergy The Karnataka government is making efforts to capitalise on its generation of renewable energy by boosting its storage capabilities to secure its growing requirement of power. A proposal to increase investments into creating more storage capacity is likely to be placed before the Basavaraj Bommai-led cabinet within the next few weeks. Karnataka is the leading […] Read more
Shift To Renewable Is Slow And Unable to Stop Power Cuts In US Updated On Tue, May 10th, 2022 by Saurenergy Electric grid operators across the USA are warning of looming blackouts as companies shift to renewable energy. MISO CEO John Beer has been quoted by a section of media as saying on May 8, “As we go forward, we need to know that when you put in a solar panel or a wind turbine, it’s […] Read more
World Bank says Pakistan must call for 11GW renewable energy bids Updated On Mon, May 9th, 2022 by Saurenergy Variable Renewable Energy Competitive Bidding Study – a new study by the World Bank – has said that Pakistan will require a call for competitive bidding for over 11 GW of renewable energy solar and wind power plants between the present and 2028. The study stated that this is needed to ensure that the future […] Read more
HK Electric to Develop Hong Kong’s First Offshore Wind Farm Updated On Mon, May 9th, 2022 by Saurenergy Hong Kong may get to witness its first offshore wind energy farm coming up in 2027 as HK Electric has announced that it has plans to develop an offshore wind farm southwest of Lamma Island. HK Energy said that an application for variation of an environmental permit for the proposed project has been approved by […] Read more
India and Italy Will Partner for Green Hydrogen, Biofuel, Energy Storage Updated On Mon, May 9th, 2022 by Saurenergy According to an official joint statement announced by the two countries, India and Italy will develop partnerships in key renewable energy sectors like green hydrogen, biofuels and energy storage. The decision came after India’s External Affairs Minister S Jaishankar met the Italian counterpart Luigi Di Maio in New Delhi. The Italian foreign minister was on […] Read more
TATA Power Q4 Results Stay Strong, Eyes Faster Renewables Additions Updated On Sat, May 7th, 2022 by Saurenergy Tata Power Company reported a 31.4 percent year-on-year growth in consolidated profit at Rs 632 crore for the quarter ended March 2022. Revenue from operations grew 15.4 percent to Rs 11,960 crores during the quarter. The company has reported total income of Rs. 12219.36 crores during the period ended March 31, 2022 as compared to […] Read more
Actis Forms Blupine Energy to Develop renewable energy in India Updated On Fri, May 6th, 2022 by Saurenergy Actis has incorporated Blupine Energy Pvt Ltd, a company in India to develop renewable energy projects and store assets in India. In June, 2021, Actis had officially incorporated Blupine Energy in which the paid up capital was Rs 16 crore. Reports say that Bluline will become active immediately with a corpus of funds amounting $800 […] Read more
50% of Power In Spain Comes From Renewables In April Updated On Fri, May 6th, 2022 by Saurenergy Span’s national grid operator Red Electrica de Espana has informed in its estimates report that Spain had produced a little over half of its electricity from renewable sources of energy last month. It said that in April the Spanish power coming from clean sources was 50.1 per cent. It has higher than what was produced […] Read more
Vitesco Technologies gets €2 billion order from Hyundai to deliver EMR4 axle drive Updated On Fri, May 6th, 2022 by Saurenergy Further expanding its axle drive business, Hamburg, Germany based Vitesco Technologies has announced that the company has secured a €2 billion contract to supply its new generation axle drive EMR4 (Electronics Motor Reducer) to Hyundai Motor Group. In March, Vitesco Technologies had announced about the very order in its annual press conference but the name […] Read more
