MNRE Finalises BESS Mechanisms For ‘Round-the-Clock’ Renewable Energy Updated On Mon, Feb 26th, 2024 by Saurenergy A meeting was held by Union Minister for Power and New & Renewable Energy RK Singh on February 22 regarding finalising the structure for operationalizing the scheme for Viability Gap Funding (VGF) for the development of Battery Energy Storage Systems (BESS) with a capacity of 4,000 Megawatt Hours (MWh). The minister emphasised that the price […] Read more
Nissan Utilizes Green Energy For Its Operation At Tamil Nadu In 2023 Updated On Fri, Feb 23rd, 2024 by Saurenergy Chennai-based automotive manufacturer Renault Nissan Automotive India (RNAIPL), has announced that it predominantly used green power for its operations during the second half of 2023. The automotive manufacturer plant located in Oragadam, Chennai, on average, utilised more than 85% green energy every month between July and December 2023. With 100% green energy utilization in September […] Read more
“Our Nickel Recycling Plant Will Take Revenues To Rs 500 crores”- Rajesh Gupta & Prassann Daphal, Recyclekaro Updated On Thu, Feb 22nd, 2024 by Saurenergy Recyclekaro has grown strongly in the recent past. Tell us about the journey in terms of opportunities, challenges & how you navigated through. Rajesh Gupta: The journey has been quite remarkable. Soon after completing engineering, I started this company. Our idea was to collect data, put it in a system, have an application and provide […] Read more
New Electricity Policy To Be Brought In Telangana, Says State Discom Updated On Thu, Feb 22nd, 2024 by Saurenergy In a meeting organized by the Federation of Telangana Chambers of Commerce and Industry (FTCCI), Chief Managing Director (CMD) of Telangana State Southern Power Distribution Company Limited (TSSPDCL) Musharraf Faruqui said that the state government is focusing on releasing the New Electricity Policy. Addressing the gathering, Musharraf Faruqui pointed out that the land cost in […] Read more
Goa Govt, PFC Collaborate To Set Up Blended Finance Facility With World Bank Updated On Wed, Feb 21st, 2024 by Saurenergy Power Finance Corporation (PFC), a NBFC, power sector PSU and renewable energy financier in India, collaborated to support the climate ambitions in Goa. They signed a Memorandum of Understanding (MoU) to support the climate ambitions of the state of Goa. The support extended would be under the Blended Finance Facility being set up by Goa […] Read more
Sembcorp RE Acquisition In China, India Rose By 42% YoY In 2023 Updated On Tue, Feb 20th, 2024 by Saurenergy Singapore-based Sembcorp Industries (Sembcorp) recently posted a strong performance for the year of 2023 (FY2023). They recently announced that they made a turnover of S$7.0 billion compared to S$7.8 billion in FY2022. Sembcorp said, “The group net profit before exceptional items (EI) grew 38% year-on-year to S$1.0 billion from S$739 million in FY2022, with higher […] Read more
India’s Total Solar Energy Capacity Crosses 74 GW: CEA Data Updated On Fri, Feb 16th, 2024 by Saurenergy The latest data from the Central Electricity Authority (CEA) revealed that India’s total solar capacity has surpassed 74 GW. The revelation was made in the CEA’s recent monthly installed capacity report. The CEA report said that by the end of January 2024, India’s total solar energy capacity reached 74.306 GW. Similarly, the country’s total wind […] Read more
Aether Industries To Add 15 MW Solar To Captive Capacity Updated On Wed, Feb 7th, 2024 by Saurenergy Gujarat based speciality chemicals firm Aether Industries is adding to its existing captive solar capacity of 16 MW. With the initiation of a 15 MW Solar Power Project (Auto-Tracker Modules) under the Captive Power Producer (CPP) segment, the firm will move further towards powering operations using renewable energy. The newest order has been entrusted to […] Read more
Recyclekaro, BARC Partner To Develop Recycled Printed Circuit Boards Updated On Tue, Feb 6th, 2024 by Saurenergy Recyclekaro, an electric waste e-waste and lithium-ion battery recycling company, has entered into a Memorandum of Understanding (MOU) with Bhabha Atomic Research Centre (BARC), a nuclear research institution. The collaboration aimed to utilize/leverage BARC’s advanced technology for extracting high-purity copper oxide nanoparticles from depopulated printed circuit boards (PCBs). They produced copper oxide nanoparticles that that […] Read more
