Power Demand Pushes Battery Makers Revenue By 10-11%: CRISIL Research Updated On Wed, Jun 19th, 2024 by Saurenergy CRISL Rating’s latest report anticipates the domestic lead-acid battery manufacturers’ revenue to grow 10-11% in fiscal 2025. The report found this to be a close mirroring ~12% which was seen last fiscal year. Moreover, growth is expected to be driven by steady demand in the mainstay automotive segment and tailwind from rising 5G penetration, expansion […] Read more
ArcelorMittal Bremen and wpd To Develop 72 MW Wind Farm In Germany Updated On Wed, Jun 12th, 2024 by Saurenergy ArcelorMittal Bremen cooperates with the local wind energy projecter WPD for the planning, construction and operation of Wind farms on the factory premises. Both companies have signed a Memorandum of Understanding. So is the foundation for long-standing cooperation, in which wpd on the ArcelorMittal factory premises in Bremen will build and operate up to ten […] Read more
Adani Green Energy To Invest $1 Billion In Sri Lanka Wind Projects Updated On Tue, Jun 11th, 2024 by Saurenergy Adani Green Energy plans to invest more than $1 billion (Rs 83.5 billion) in wind power projects in Sri Lanka, according to news reports. This is the country’s largest foreign direct investment and one of the most important energy projects to date. The investment will be directed to the construction of two wind parks with […] Read more
Solar, Wind Offers $12 Bn Climate Benefit To US In 2023, Finds Study Updated On Fri, May 31st, 2024 by Saurenergy A recent article by Berkeley Lab investigated the impact of wind and solar energy generation on climate and air quality benefits in the United States from 2019 to 2022. It highlights how wind and solar power have contributed to reducing emissions by displacing fossil fuel output. The Berkeley Lab report underscores the importance of understanding […] Read more
India’s Peak Power Demand Smashes 2023 Peak, Touches 250 GW Updated On Fri, May 31st, 2024 by Saurenergy The Indian power sector met a record maximum power demand of 250 GW on 30th May’24 whereas, the non-solar demand touched an all-time high of 234.3 GW on 29th May This spike in power demand reflects the combined impact of weather-related loads and growing industrial and residential power consumption in these areas. On 30th May, […] Read more
CIP, GE Vernova Collaborate To Supply Blades For 760 MW Wind Project Updated On Wed, May 29th, 2024 by Saurenergy Denmark-based Copenhagen Infrastructure Partners (CIP) and GE Vernova’s onshore wind division signed an agreement of more than EUR 700 million. This agreement was undertaken to deliver, install, and commission 125 GE Vernova 6.1-158 wind turbines at the Teruel wind project. This wind project was promoted by CIP through contracts with the developer in that province and […] Read more
Clean Power Can Reduce India’s Dependence On Gas For Peak Demand: IEEFA Updated On Wed, May 29th, 2024 by Saurenergy The Institute for Energy Economic and Financial Analysis (IEEFA) in its recent report found that new and cleaner options could soon replace the role of gas-based power in meeting peak electricity demand in India. India’s peak power demand, which, according to government forecasts, is likely to cross 350 gigawatts (GW) by 2030. The IEEFA in […] Read more
Google’s Nest Renew & OhmConnect To Form Virtual Power Plant In US Updated On Fri, May 10th, 2024 by Saurenergy Renew Home, North America’s residential virtual power plant (VPP), has launched out of the combination of Google Nest Renew service and OhmConnect in the US. The company has received a $100M investment from majority owner Sidewalk Infrastructure Partners (SIP). According to a statement released by Google Renew Home, the company says “It will transform residential […] Read more
Bangladesh Power Firm Issues 160 MW International Solar Tender Updated On Thu, May 9th, 2024 by Saurenergy Bay of Bengal Power Company Limited (BPDB), has issued an international tender inviting bids for for the design, supply, installation, testing & commissioning of a 160 MW Solar (AC) PV Power Plant at Maheshkhali Peninsula, Cox’s Bazar, Bangladesh. According to the tender document (priced BDT 20,000), the bidders will have to submit the technical and […] Read more
