With Green Bonds in Budget’22, RE Financing Grows in India: IEEFA Updated On Thu, Feb 3rd, 2022 by Saurenergy As India’s renewable energy sector growth continues to outpace all other global economies, the Budget announcement on issuing green bonds – which are among the most widely used instruments for funding green infrastructure – will massively support this trajectory, finds a new report out by the Institute for Energy Economics and Financial Analysis (IEEFA). The union […] Read more
ReNew Announces $250 Million Share Buyback and Preliminary Results for Q3 FY’22 Updated On Thu, Feb 3rd, 2022 by Saurenergy Nasdaq listed ReNew Energy Global plc has announced that its Board of Directors has authorized a new $250 million share repurchase program to buy back Class A Ordinary Shares (“Share Repurchase Program”) in the capital of the Company. In addition, the Company is providing updates on certain financial metrics for the quarter and nine months ended December 31, […] Read more
MNRE Focus On Residential Rooftop, As National Portal for Subsidy, Net Metering In the Making Updated On Wed, Feb 2nd, 2022 by Saurenergy The Ministry and New and Renewable Energy (MNRE) under Power Minister R.K. Singh finally seems to be paying heed to the crying need for attention from the rooftop solar sector. To give some speed to the reeling rooftop solar segment MNRE has issued a simplified procedure for residential consumers to get the rooftop solar plant […] Read more
Jet Freight Deploys EVs in Last-mile Delivery for E-commerce Player Updated On Tue, Feb 1st, 2022 by Saurenergy Jet Freight Express, the domestic and hyperlocal service arm of Jet Freight Logistics, on Monday said it has deployed electric vehicles (EVs) in the last-mile delivery for an e-commerce player. The company in a statement on Monday said it plans to include more EVs to serve multinational companies as part of a global effort to […] Read more
L&T Partners with Norwegian Firm to make Green H2 Electrolysers in India Updated On Mon, Jan 31st, 2022 by Saurenergy Mumbai-based multinational conglomerate Larsen & Toubro (L&T) has signed a Memorandum of Understanding (MoU) with HydrogenPro, a Norwegian electrolyser technology and manufacturing company, for a partnership to tap the emerging green hydrogen market in India. Under this agreement, L&T and HydrogenPro will jointly work towards setting up a joint venture in India for gigawatt-scale manufacturing […] Read more
All About Metal-Air Batteries Updated On Mon, Jan 31st, 2022 by Saurenergy Metal-air batteries are an attractive technology. They are safer and have a higher energy density than other types of batteries. The application of air as a cathode helps in lowering the cost and the weight considerably. The utilization of cheap metals as an anode further assists in lowering the cost. A metal-air battery functions in […] Read more
2020 Champion, Vietnam Offers a Cautionary Tale On Renewable Growth Updated On Fri, Jan 28th, 2022 by Saurenergy Just when Vietnam has emerged on the global map as a ‘solar hotspot,’ after a stupendous 2020, the government has declared that no solar energy will be added in 2022 as the grid system is failing to accommodate the solar power produced. Vietnam may not repeat the success of yesteryears but there is credible evidence […] Read more
In Australia, NSW’s Second REZ Targets $10 Billion Investments Updated On Fri, Jan 28th, 2022 by Saurenergy New South Wales (NSW), which also houses state capital and Australia’s largest city Sydney, has just declared its second Renewable Energy Zone (REZ), as part of its long term strategy to replace its fossil fuel driven electricity sector with renewable energy. The latest zone is the New England REZ, based around Armidale in the state’s […] Read more
Growatt Launches battery System For Off Grid Storage Updated On Tue, Jan 25th, 2022 by Saurenergy Leading PV inverter and energy storage system provider Growatt has added the AXE LV battery system to its smart energy product portfolios, expanding market reach to meet the growing demand for residential off-grid lithium battery storage systems. Growatt is counted as the leading inverter form for residential inverters, and among the top 5 globally for […] Read more
