UAE Rising: Top 5 Reasons Why This Gulf State Is A Renewable Leader Updated On Wed, Nov 1st, 2023 by Saurenergy The United Arab Emirates (UAE), one of the smallest members of the OPEC cartel, and among Arab nations, continues to remain one of the world’s energy powerhouses. While ranking 116th in size, the country has continued to retain a rank as the world’s 8th largest producer of crude oil. But the country is making headlines […] Read more
Tata Power Appoints Deepesh Nanda As CEO & MD of TPREL Updated On Wed, Nov 1st, 2023 by Saurenergy Tata Power, one of India’s largest integrated power companies, today announced the appointment of Deepesh Nanda as President-Renewables and CEO & MD of Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, with effect from November 1, 2023. Nanda brings with him 28 years of experience across companies like GE, Flowserve and Tyco. […] Read more
US Five Offshore Wind Projects Can Power 1.75 million Homes: Report Updated On Wed, Nov 1st, 2023 by Saurenergy The Biden-Harris administration recently approved the ‘Coastal Virginia Offshore Wind’ (CVOW) commercial project. This is the fifth approval of a commercial-scale, offshore wind energy project under President Biden’s leadership. This announcement supports the administration’s goal of deploying 30 Gigawatts (GW) of offshore wind energy capacity by 2030. Some other projects approved under this are the […] Read more
US Bipartisan Infra Law To Create $8.3bn In12 Years: DOE Updated On Wed, Nov 1st, 2023 by Saurenergy The Department of Energy (DOE) in the United State recently announced Twin States Clean Energy Link, the National Grid’s proposed transmission project. This project will support New England’s climate, clean energy, and energy security goals. This was selected as one of three projects nationwide to receive investment through the US Bipartisan Infrastructure Law’s Transmission Facilitation […] Read more
Servotech Sees Revenue Growth of 115.2% in Q2 FY24 Against Q2 FY23 Updated On Tue, Oct 31st, 2023 by Saurenergy Servotech Power Systems Ltd. (NSE: SERVOTECH), a manufacturer of solar products and electric vehicle (EV) chargers, as well as power-backup and smart power solutions, has disclosed its financial performance for the quarter ending September 30, 2023 during the Board of Directors meeting on October 30, 2023. The firm witnessed a revenue growth of 115.2% pegged […] Read more
SJVN Arm Calls Bids for Projects of 1465 MW Aggregate Capacity Updated On Tue, Oct 31st, 2023 by Saurenergy SJVN Green Energy Limited (a wholly owned subsidiary of SJVN Limited) invites online bids from eligible bidders on two stage (stage-1: techno-commercial bid and stage-2: price bid) for the manufacture and supply of solar PV modules of total 1465 MWp capacity for solar power projects to be installed at various states of India. The projects […] Read more
Amazon Crowned As Leading Renewable Energy Corporate Buyer in India Updated On Tue, Oct 31st, 2023 by Saurenergy IT giant Amazon is now the largest corporate buyer of renewable energy in India. The firm sealed this position soon after it launched a 198 MW wind farm in Osmanabad, Maharashtra. The said project is the firm’s 50th renewable energy project in India, which has helped it take its capacity beyond 1.1 GW in India. As […] Read more
Sungrow Takes Top Spot in BESS Integrator Market in 2022: Wood Mackenzie Updated On Tue, Oct 31st, 2023 by Saurenergy Wood Mackenzie has released a report shedding light on the BESS Integrator market share rankings basis the number of BESS shipments in megawatt-hour (MWh) in 2022. The report finds that the global Battery Energy Storage Systems (BESS) integrator market has grown increasingly competitive in 2022. The top five global system integrators account for 62% of […] Read more
RE In Infrastructure Will Rise From 22% in 2020 to 29% in 2030: IRENA Updated On Tue, Oct 31st, 2023 by Saurenergy COP28, IRENA (International Renewable Energy Agency) and Global Renewables Alliance outlined a roadmap at Pre-COP. They estimate that countries are likely to fast-track energy transition by tripling renewable power and doubling energy efficiency by 2030. At the COP28 Presidency, International Renewable Energy Agency (IRENA) and Global Renewables Alliance published a joint report outlining key enablers […] Read more