LOHUM, ReElement, & American Metals Invest $30 Mn In US Updated On Fri, Sep 27th, 2024 by Saurenergy To build a new facility in the US, Indian critical minerals producer LOHUM Cleantech signed the MoU with US modular processing technology company ReElement Technologies Corporation and American Metals LLC. The MoU marks the beginning of a joint venture for the United States fully integrated battery recycling, repurposing, and critical material production facility. The Memorandum […] Read more
Volue Set To Build Trading Platform For RE Operators Updated On Fri, Sep 27th, 2024 by Saurenergy Volue, a Norwegian technology company headquartered in Oslo, recently launched its new Position Closer solution’s SaaS model for the energy market. Volue Position Closer is a software module launched, as part of the new ‘Volue Green Empower Ecosystem’. Over the next 18 months and beyond, Volue plans to expand this ecosystem with several new modules, […] Read more
SJVN, Maharashtra Partner To Develop PSPs, Floating Solar Projects Updated On Fri, Sep 27th, 2024 by Saurenergy SJVN, a Navratna Central Public Sector Enterprise (CPSE), has signed two Memorandums of Understanding (MoUs) with the Maharashtra government to build Pumped Storage Projects (PSPs) and Floating Solar Projects in the state. The total estimated investment for these projects is approximately Rs. 48,000 crores. It is expected to create around 8,400 direct and indirect employment […] Read more
3 GW Of Pumped Hydro Projects Set To Boost MSEDCL’s Portfolio Updated On Fri, Sep 27th, 2024 by Saurenergy Maharashtra is set to witness the addition of 3 GW of energy storage projects through Pumped Storage Projects (PSPs). These new projects are expected to meet the growing demand of the Maharashtra State Electricity Distribution Company Ltd. (MSEDCL). Two companies, JSW Neo Energy Limited and Torrent Power Limited, have secured contracts to build the projects. […] Read more
Saur Energy International August 2024- The Wait for Great Renewable Deals Updated On Thu, Sep 26th, 2024 by Saurenergy Editorial What happened to those unbelievably low solar tender bids? People still remember how bids breached the Rs 2 per unit floor, back in 2020 at an auction by GUVNL. However, after a brief time, prices climbed yet again, and in a period of volatility since that the industry has rarely seen, today rule in […] Read more
RUMSL Issues Tender For 600MW Solar Project With BESS Updated On Thu, Sep 26th, 2024 by Saurenergy The Rewa Ultra Mega Solar Limited (RUMSL) has now issued a tender seeking developers to develop a 600 MW of solar project with battery energy storage (BESS). RUMSL, formed in 2015 is a Joint Venture between Madhya Pradesh UrjaVikas Nigam Limited (MPUVN), and Solar Energy Corporation of India (SECI). As per the tender details, RUMSL […] Read more
Survey Highlights Easy Ride For The Richest On Carbon Emissions Updated On Thu, Sep 26th, 2024 by Saurenergy The global greenhouse gas emissions averaged 6.7 metric tons of CO2 equivalent (MtCO2e) per person in 2023. Reducing individual carbon footprints has become a central focus of sustainable development, particularly with the growing shift toward renewable energy. The push to cut emissions at the source has also introduced mechanisms like carbon markets, aimed at distributing […] Read more
81% of RE Additions In 2023 Were Cheaper Than Fossil Fuels: IRENA Updated On Wed, Sep 25th, 2024 by Saurenergy Renewables remain competitive despite fossil fuel prices returning closer to historical cost levels, concludes Renewable Power Generation Costs in 2023, released by the International Renewable Energy Agency (IRENA) at the Global Renewables Summit during the UN General Assembly in New York today. Of the record 473 gigawatts (GW) added in 2023, 81% or 382 GW […] Read more
SJVN Invites Developers To Build RT Solar Projects On Gov Buildings Updated On Wed, Sep 25th, 2024 by Saurenergy SJVN has invited proposals from developers to set up 5830 kW of grid-connected rooftop solar power projects (without battery storage). SJVN is developing these on Union Government buildings across seven states, as designated by the MNRE under the PM Suryaghar scheme. These states are NCT of Delhi, Madhya Pradesh, Uttar Pradesh, Haryana, Gujarat, Maharashtra, and […] Read more
