Tata Power one of India’s Most Sustainable Companies According to SLP Updated On Fri, Dec 18th, 2020 by Saurenergy Tata Power has emerged as one of ‘India’s Most Sustainable Companies’ at rank 13 according to the annual survey conducted by SLP, France. Tata Power, India’s largest integrated power utility has emerged as one of ‘India’s Most Sustainable Companies’ at rank 13 and an A+ rating, according to the annual survey conducted by Sustain Labs […] Read more
Making Green Hydrogen a Cost-Competitive Climate Solution Updated On Fri, Dec 18th, 2020 by Saurenergy As global economies turn increasingly carbon neutral, IRENA drives hydrogen agenda and sees renewable hydrogen at least cost possible within decade Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA) published today. A combination of falling costs for […] Read more
Ayana Renewable Scoops Up $390 Million In Fresh Funding Updated On Fri, Dec 18th, 2020 by Saurenergy CDC and Eversource Capital-backed Ayana Renewable has announced additional funding of $390 million from its key backers. Ayana Renewable Power, the CDC and Eversource Capital (through Green Growth Equity Fund) backed renewable energy firm, has announced additional funding of $390 million (Rs 2,200 crore)from its key backers. The big change will be the investment from […] Read more
TCCL Report on Renewable Integration & Curtailment: Causes, Solutions and Impact on Project Bankability Updated On Thu, Dec 17th, 2020 by Saurenergy As renewable energy penetration deepens, curtailment issues are rising since the installations are concentrated largely in a few states. The equity IRR could fall below zero if the curtailment exceeds 40% and ADSCR would fall below unity if the curtailment exceeds 20%. The reports deals with the potential solutions including demand side and supply side […] Read more
Uneven Grouping of Renewables Leading to Curtailments in India: TCCL Updated On Thu, Dec 17th, 2020 by Saurenergy Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […] Read more
Demand for Hydrogen in India can Grow 5-Fold by 2050: TERI Updated On Thu, Dec 17th, 2020 by Saurenergy A new report by The Energy and Resources Institute (TERI) suggests that the demand for hydrogen in India can grow 5-fold by 2050. The demand for hydrogen in India can grow five-fold by 2050. Further, by 2030, the costs of “green hydrogen” from renewables will fall more than 50 percent and start to compete with […] Read more
PureEV Signs MoU with CSIR-CECRI, Indigenizing Lithium-Ion technology for EVs Updated On Thu, Dec 17th, 2020 by Saurenergy IIT Hyderabad incubated PURE EV has announced its partnership with CSIR – Central Electro Chemical Research Institute (CECRI). The firm has signed a Memorandum of Understanding with CSIR- CECRI for indigenous Lithium-Ion battery technology for electric vehicles. The company has been funded by Pharma industry veteran V C Nannapaneni. The collaboration will serve joint research […] Read more
Hartek Solar Secures Order for 1.8 MW Rooftop Solar Project From Bikaji Updated On Thu, Dec 17th, 2020 by Saurenergy Chandigarh-based developer Hartek Solar has announced that it has bagged a 1.8 MW rooftop project from FMCG firm Bikaji. The firm will execute the project right from the installation of solar panels and inverters to supply, design, engineering and commissioning. “Consolidating on its Pan-India presence, Hartek Solar, the rooftop solar division of Hartek Group has bagged a […] Read more
Cubico to Acquire European RE Platform Grupo T-Solar From I Squared Capital Updated On Thu, Dec 17th, 2020 by Saurenergy I Squared Capital has an agreement to sell its European renewables platform Grupo T-Solar to Cubico Sustainable Investments Ltd I Squared Capital, a leading global infrastructure investment manager, has announced that it has entered into an agreement to sell Grupo T-Solar to Cubico Sustainable Investments Ltd, the renewable energy specialist jointly owned by Ontario Teachers’ […] Read more
