IOC Floats Global Tender to Set Up Green H2 Units at Mathura & Panipat Updated On Mon, Nov 22nd, 2021 by Saurenergy The Indian Oil Corporation (IOC), ranked 212th on the Fortune Global 500 list of the world’s biggest corporations as of 2021, has released a global tender to set up green hydrogen generation units at Mathura and Panipat — two of its big refineries in North India. The deadline for interested applicants to submit their bids […] Read more
Renew Energy Concall. Sumant Sinha Sees 25 GW Corporate PPA Market In India Updated On Fri, Nov 19th, 2021 by Saurenergy Renew Power, or its new listed avatar, Renew Energy Global (RNW) hosted its first earnings call after its Q2 results yesterday. Presenting at the call were Sumant Sinha – Founder, Chairman, and CEO and D Muthukumaran – CFO. Capacity Additions On Schedule For Renew, which has positioned itself as the leading renewable energy firm from India, it […] Read more
S Korea to Push Hydrogen Ammonia Pwr Gen Project, Replace Coal, LNG Updated On Thu, Nov 18th, 2021 by Saurenergy The Korean government will promote the commercialisation of hydrogen and ammonia co-firing power generation to replace coal and liquefied natural gas power generation. The government is planning to significantly reduce greenhouse gas emissions by commercialising ammonia co-firing power plant by 2030 (20 per cent) and hydrogen by 2025 (more than 30 per cent). The Ministry of Trade, […] Read more
India Needs $10 T Investment to Achieve Net-Zero by 2070: CEEW-CEF Updated On Thu, Nov 18th, 2021 by Saurenergy India would need cumulative investments of USD 10.1 trillion to achieve net-zero emissions by 2070, according to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF). These investments would help decarbonise India’s power, industrial, and transport sectors. However, the first-of-its-kind study also estimated that India could face a significant investment shortfall […] Read more
Annual PV Installations to Cross 200 GWdc Mark in 2022: IHS Markit Updated On Thu, Nov 18th, 2021 by Saurenergy Global solar PV installations will see over 20% growth in 2022 and surpass the 200 GWdc barrier for the first time, at a total investment of at least $170 billion, despite continuing rising costs of production, according to a new report by the Clean Energy Technology service at U.K.-based market observer IHS Markit. Until recently, declining […] Read more
Global Energy Storage Market Set to Hit 1 TWh by 2030: BNEF Updated On Thu, Nov 18th, 2021 by Saurenergy Energy storage installations around the world will reach a cumulative 358 gigawatts/1,028 gigawatt-hours by the end of 2030, more than twenty times larger than the 17 gigawatts/34 gigawatt-hours online at the end of 2020, according to the latest forecast from research company BloombergNEF (BNEF). This boom in stationary energy storage will require more than $262 […] Read more
Taiwanese Firm Delta Selected for DJSI “World Index” for 11th Yr in a Row Updated On Wed, Nov 17th, 2021 by Saurenergy Taiwanese electronics manufacturing company Delta Electronics has been selected for the DJSI World for the eleventh consecutive year and the DJSI-Emerging Markets for the ninth consecutive year in the evaluation of the 2021 Dow Jones Sustainability Indices (DJSI), an indicator of global corporate competitiveness, said the firm in its latest statement. “This year, Delta achieved […] Read more
Thermal Generators Allowed To Bundle Renewable In Existing PPA’s Updated On Wed, Nov 17th, 2021 by Saurenergy In one of a promised series of moves to encourage more renewable adoption, the Power Ministry and MNRE have revised guidelines for thermal power producers to allow them to add renewable energy within existing PPA’s. The move has been backed by Power and MNRE Minister R.K. Singh. The new guidelines provide for thermal generation companies […] Read more
‘Great Response’: Min of Heavy Ind on ACC PLI Scheme’s Pre-bid Meeting Updated On Tue, Nov 16th, 2021 by Saurenergy The Ministry of Heavy Industries (MHI) organised a pre-bid conference for prospective bidders for the ACC Production Linked Incentive (PLI) scheme on 12th November, 2021. MHI had earlier released a Request for Proposal (RfP) on October 22, 2021, inviting bidders for a total manufacturing capacity of ACC battery storage of 50 Giga Watt Hour (GWh) […] Read more
