RERC Asks Railways To Install ABT Meters To Avail Wind Energy From Rajasthan Updated On Tue, May 30th, 2023 by Saurenergy In its latest order, the Rajasthan Electricity Regulatory Commission (RERC) asked the Indian Railways to install ABT (Availability Based Tariff) Meters for hassle-free consumption of green energy from Rajasthan. ABT Meters are frequency-based price mechanisms mainly used when unscheduled electricity-related transactions occur. The RERC order came to the fore after the discoms in Rajasthan moved a […] Read more
ONGC Plans Rs 1 Lakh Crore Investment For Energy Transition Updated On Mon, May 29th, 2023 by Saurenergy State owned oil and gas producer ONGC has announced an investmen worth Rs 1 lakh crore by the end of this decade (2030) on energy transition projects. Most of the investments will be made on renewable energy projects. ONGC has already declared its target of achieving net zero carbon emissions by 2038. The fresh announcement […] Read more
SOFAR Launches PV & ESS Innovations at SNEC 2023, Shanghai Updated On Fri, May 26th, 2023 by Saurenergy SOFAR, a supplier of PV and Energy Storage Solutions (ESS), released multiple solar and energy storage innovations globally at SNEC 2023. PowerMaster Optimized for utility-scale energy storage plants, SOFAR has its latest flagship PowerMaster on display, which is an integrated solution embodied with promising technologies. As a safe, reliable and sustainable solution to ensure grid […] Read more
Adani Green’s 130 MW Wind Project Commissioned in Gujarat Updated On Fri, May 26th, 2023 by Saurenergy A subsidiary of Adani Green Energy, Adani Wind Energy Kutchh Five Limited (AWEK5L), has achieved the commissioning of a 130 MW wind project in Gujarat. The plant has been established at Kutchh. The firm has signed a power purchase agreement (PPA) of 130 MW with Solar Energy Corporation of India (SECI). The agreement has been […] Read more
LGES, Hyundai Motor Form JV for $4.3 Bn Battery Manufacturing Updated On Fri, May 26th, 2023 by Saurenergy Global EV conglomerates LG Energy Solution (LGES) and Hyundai Motor Group have announced an EV battery cell manufacturing joint venture in the USA by signing an MoU. Under the agreement, LGES and Hyundai Motor will produce EV batteries in the USA and further accelerate the electrification efforts of Hyundai Motor in North America. The signing […] Read more
Trials Show No Negative Impact of Agrivoltaics on Crop Yield: Report Updated On Thu, May 25th, 2023 by Saurenergy A latest report from think-tanks working in the renewable energy sector claimed that better-designed pilot projects had shown that there was no negative impact on the growth of crops grown under agrivoltaics. The new paper was jointly produced by Canada-based International Institute for Sustainable Development (IISD), Consumer Unity and Trust Society International (CUTS) and the Deutsche […] Read more
MNRE, States Discuss Ways To Achieve 500 GW Renewable Target Updated On Wed, May 24th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) discussed with different states in the national capital to review the progress of various renewable energy programmes in the country. In its brainstorming session, the ministry told the states that India had already achieved 172 Gigawatt (GW) of renewable energy while works are in different stages to […] Read more
Waaree Renewables Doubles Q4 Net Profit; FY23 Net Profit Fivefold Updated On Tue, May 23rd, 2023 by Saurenergy Waaree Renewables Technology Ltd (WRTL) has announced its financial results for the last quarter and full year FY-2023. The company declared a consolidated net profit of Rs 12.3 crore in the March 2023 quarter marking an 81% increase year-on-year. Waaree also reported a revenue of Rs 351 crore in the full financial year 2023, which […] Read more
ACWA to Invest $120 Million in Uzbekistan Renewables Afresh Updated On Sun, May 21st, 2023 by Saurenergy Saudi Arabia’s ace renewable energy developer ACWA Power has inked two key agreements at the EBRD 2023 Annual Meeting and Business Forum in Samarkand to advance Uzbekistan’s target to decarbonise 35% of its energy sector by 2030. In the first set of agreements with the chemicals company, Uzkimyosanoat of Uzbekistan, ACWA Power will decarbonise the […] Read more
