China Seeks a fix For PV Overcapacity With New Norms Updated On Fri, Nov 22nd, 2024 by Saurenergy With its world leading PV sector hit by losses in the past year, China’s Ministry of Industry and Information Technology is focusing on what it can control, to try and nurse the sector back to health. We saw last week how export incentives on solar products were reduced last week in perhaps a signal to […] Read more
CIL Invites Bids For 40 MW Solar Project To Power MP Coal Plant Updated On Fri, Nov 22nd, 2024 by Saurenergy To bring renewable energy to coal power stations in Madhya Pradesh, Coal India Limited (CIL) has invited bids to develop a 40 MW solar power project at Johilla Area, Umaria in Madhya Pradesh. The last date for bid submission is December 27, 2024. The bidder for this project is expected to develop. The tender also […] Read more
5 Ways To Decarbonise Power Hungry Data Centers? Updated On Fri, Nov 22nd, 2024 by Saurenergy Data centers worldwide are known for their substantial electricity consumption, which powers the ever-growing data business. As global corporate giants continue to invest in this sector and expand across borders, reducing carbon emissions has become crucial. Dependence on conventional power grids increases the carbon footprint of these data centers due to their significant power requirements. […] Read more
COP29: Azerbaijan Concludes First RE Auction At Tariff Of $3.540 Cents/kWh Updated On Fri, Nov 22nd, 2024 by Saurenergy Azerbaijan recently concluded its first ever renewable energy auction with technical assistance from the European Bank for Reconstruction and Development (EBRD). The outcome of the competitive auction was announced at the United Nations Climate Change Conference in Baku (COP29). In the auction ran by Ministry of Energy, Universal International Holding Limited submitted the lowest bid, […] Read more
Tata Power, ADB Seal $4.25Bn Deal To Finance 966 MW RE Projects In India Updated On Fri, Nov 22nd, 2024 by Saurenergy Tata Power, an integrated power company, and the Asian Development Bank (ADB) recently signed a Memorandum of Understanding (MoU) coinciding with the ongoing Climate Conference (COP29) at Baku, Azerbaijan. This deal evaluates financing for its several projects and to enhance India’s power infrastructure, and promote renewable and clean energy. The MoU outlines the evaluation of […] Read more
Hyundai Expects Creta EV To Boost Its Electric Vehicle Market Updated On Thu, Nov 21st, 2024 by Saurenergy Automobile company Hyundai is now hopeful of good returns from its upcoming electric model of Creta. The top management of the company said that the launch of its Creta EV is likely to boost the growth of the firm in the electric mobility segment. The company’s high hopes are pinged on the higher sales of […] Read more
Green Stocks Nov 21: Adani Crash Headlines Poor Day For Green Stocks Updated On Thu, Nov 21st, 2024 by Saurenergy On a day when the crash in the stock of Adani Green Energy took most of the attention, almost all green energy stocks save Wind equipment maker Suzlon suffered. Though obviously not at the scale of Adani Green Energy, which slumped almost 18%. For the rest, it was a matter of trying to limit losses, […] Read more
Majority Of Punjab’s Govt Buildings Not Solarised, Indicates Data Updated On Thu, Nov 21st, 2024 by Saurenergy The latest data released by the Punjab Energy Development Agency (PEDA) reveals that the majority of government buildings in the state lack access to solar power. Most of these buildings do not have rooftop solar facilities, indicating a heavy reliance on grid electricity. This data emerges at a time when several state governments are actively […] Read more
News In Brief Nov 21: ADB, Solomon Islands & Tonga Sign Agreements, Scatec, Biden-Harris Administration Awards Updated On Thu, Nov 21st, 2024 by Saurenergy ADB, Solomon Islands, Tonga Sign Agreements for Sustainable Energy Transition Projects at COP29 The Asian Development Bank (ADB) and the governments of Solomon Islands and Tonga have signed grant and loan agreements for energy projects on the sidelines of COP29. The ADB-supported projects will help the Pacific countries to transition from dependency on diesel fuel […] Read more
