ReNew Power Announces Adding 700 MW; Portfolio Jumps to 12.8 GW Updated On Fri, Jun 3rd, 2022 by Saurenergy Renewably energy player ReNew Power has announced that it has signed definitive agreements to acquire an operating wind and solar portfolio of about 528 MW. The green power capacity comprises 471 MW of wind and 56 MW of solar assets. ReNew Power has also signed a power purchase agreement (PPA) with Maharashtra’s MSEDCL for a […] Read more
One In Every Two EVs Sold Will Have Electric Powertrain By 2030 Updated On Thu, Jun 2nd, 2022 by Saurenergy Electric vehicles are gaining share so fast in China that one in every two cars sold will have an electric powertrain by 2030. The EV sales in China are projected to cross six million units by the end of this year. India is aiming to have 30 per cent of its passenger vehicle sales as […] Read more
Survey Finds Indian Companies Committed To Clean Energy Updated On Wed, Jun 1st, 2022 by Saurenergy Indian industries have, by and large, committed themselves to clean energy. According to the Energy Efficiency Investment Survey 2022 commissioned by ABB, 98% of the companies are either already investing or planning to invest in energy efficiency, while one-third of them plan to make improvements this year. The Survey was commissioned in the wake of a […] Read more
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
NHPC Hopes To Commission 1 GW Solar Power Projects in 2023 With Recent Contracts Updated On Mon, May 30th, 2022 by Saurenergy India’s largest hydropower generation firm NHPC Ltd expects that three contracts recently awarded to Adani Infra, Tata Power Solar and Sri Sai would commission the 1 gigawatt solar power project by November 2023. Adani Infra, Tata Power Solar and a joint venture of Sri Sai had bagged the contract for producing 600 MW, 300 MW […] 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
Tata Power commissions 100 MW solar project in Maharashtra Updated On Thu, May 26th, 2022 by Saurenergy Tata Power Renewable Energy Ltd has announced that it commissioned the 100 MW solar power project for Maharashtra State Electricity Distribution Company Limited (MSEDCL) in Maharashtra. Tata Power claims that the installation comprises over 4,11,900 numbers of monocrystalline PV modules and is expected to reduce around 234 million tons of CO2 annually. The official statement […] Read more
Power Ministry Plans Another Scheme To Solve The Discom Puzzle Updated On Thu, May 26th, 2022 by Saurenergy The Ministry of Power has informed that it’s working on a scheme that will help mitigate the financial woes of the Distribution Companies (Discoms) which are unable to pay their dues. This is crucial as the inability of Discoms to pay dues impacts the entire value chain of the power sector. Even the relatively young […] Read more
Davos Casts A Spell, ReNew Power Signs Another MoU With Karnataka Updated On Wed, May 25th, 2022 by Saurenergy Davos seems to be working like a magnet to all stakeholders in renewable energy from across India. MoU after MoU have been signed here on the sidelines of World Economic Forum. Soon after signing an MoU with Maharashtra a couple of days ago, ReNew Power on May 25, signed another Memorandum of Understanding (MoU) with […] Read more