Reliance AGM Announcements- Carbon Fibre Manufacturing, Sodium-Ion Batteries, Wind Manufacturing Takes Shape Updated On Mon, Aug 28th, 2023 by Saurenergy In its much-awaited 46th Annual General Meeting (AGM) today, Reliance Industries Chairman Mukesh Ambani laid out a sprawling vision for the firm’s expansion into green energy. With the firm setting itself on a path to carbon zero by 2035, Ambani said, “We are accelerating our journey to become net carbon zero by 2035 through renewables and bio-energy. We are […] Read more
MAHAPREIT Issues Tender for Delivery & Implementation Agency For Last Mile Project Updated On Fri, Aug 25th, 2023 by Saurenergy Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) proposes to develop, implement, and manage a project for employment generation and entrepreneurship development among the beneficiaries registered with Mahatma Phule Backward Class Development Corporation Ltd (MPBCDC), and also provide a stable last mile delivery solution for areas across Maharashtra. MAHAPREIT will procure a delivery and […] Read more
Used Car Batteries Can Now Create Renewable Energy Storage System Updated On Thu, Aug 24th, 2023 by Saurenergy Marquee auto major Jaguar Land Rover (JLR) has joined hands with Wykes Engineering Ltd, a firm that delves in the renewable energy sector, to make a new renewable energy storage system from used car batteries. The British multinational automobile manufacturer, through this partnership, will make among largest energy storage systems in the UK. This will […] Read more
Shell Energy To Invest Rs 2200cr For Renewable Projects in Gujarat Updated On Thu, Aug 24th, 2023 by Saurenergy Shell Energy India has joined hands with the State government of Gujarat, where it will invest Rs 2200 crore to set up a renewable energy facility. The MoU towards this was signed in the presence of Gujarat Chief Minister Bhupendra Patel and Minister of State, Harsh Sanghavi. The renewable energy generation project will be established […] Read more
Andhra Pradesh Set to Usher 5,314 MW of Renewable Energy Updated On Wed, Aug 23rd, 2023 by Saurenergy Andhra Pradesh is set to give a major push to renewable energy in the State. Chief Minister YS Jagan Mohan Reddy will lay the foundation for three renewable energy projects boasting an aggregate capacity of 5,314 MW. Greenko, which delves into Pumped Storage Projects will establish a 2,300 MW solar power project at Junuthala village […] Read more
Govt Releases New Bidding Norms For Hybrid Projects Updated On Wed, Aug 23rd, 2023 by Saurenergy The Ministry of Power has now developed its latest bidding guidelines for solar and wind hybrid projects. It will apply to all intra-state hybrid projects with a capacity of 10 MW and more and to all those with 50 MW or more capacity. The norms said that the rated power capacity of one resource (wind […] Read more
ReNew Energy Q1 Analyst Meet- Focus On Derisking, Valuations Updated On Wed, Aug 23rd, 2023 by Saurenergy On the second anniversary of its NASDAQ listing, ReNew Energy Global had a very positive outlook to share with analysts. Be it the growth in portfolio by almost 3 GW, almost all of it comitted through PPAs, or the drop in average collection period from over 200 to 114 days, or a clear growth path […] Read more
Alinta’s Big Battery Plans of 100 MW/200 MWh for Australia in the Offing Updated On Tue, Aug 22nd, 2023 by Saurenergy Australian electricity generating and gas retailing private firm Alinta Energy, owned by Hong Kong-based Chow Tai Fook Enterprises, is making progress towards the development of a 100 MW/200 MWh big battery in southwest Western Australia. The firm has stated that the project will facilitate renewable energy generation in the state while lending support to the […] Read more
Avg Wholesale Electricity Prices in India in H1 2023 80% Higher than 2019 Levels: IEA Updated On Fri, Aug 18th, 2023 by Saurenergy IEA’s latest report entitled, ‘Electricity Market Report Update; Outlook for 2023 and 2024’ has shed light on the following findings- India has installed significant solar generation capacities in recent years, which helps meet daytime peak demand for cooling. However, evening peaks when the sun does not shine but temperatures remain very high pose a significant […] Read more