Tata Power Gets LOA For 300 MW Hybrid Project from MSEDCL Updated On Thu, Dec 16th, 2021 by Saurenergy TP Saurya Limited (TPSL), a wholly owned subsidiary of Tata Power, received the ‘Letter of Award’ (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for setting up of 300 MW hybrid power capacity. This project has been awarded through Tariff-based competitive bidding followed by e-Reverse auction. TP had won the bid along with Azure […] Read more
Renewables Financing Gaining At Coal’s Expense In India, Says Report Updated On Thu, Dec 16th, 2021 by Saurenergy As most countries struggled to regain lost momentum in various industrial sectors during the Covid lockdowns, India’s story, too, has been no different. A new report in December 2021 on Coal Vs Renewable, a Financial Analysis, says that lockdowns to deal with the COVID-19 pandemic did slow down the pace of renewable energy installations in […] Read more
Shell Acquires Solar And Energy Storage Developer Savion Updated On Thu, Dec 16th, 2021 by Saurenergy Shell New Energies US LLC, a subsidiary of Royal Dutch Shell plc (Shell), has signed an agreement to buy 100% of Savion LLC (Savion), a large utility-scale solar and energy storage developer in the United States, from Macquarie’s Green Investment Group. With this acquisition, Shell expects to significantly expand its global solar portfolio. “Savion’s significant asset pipeline, highly […] Read more
Acquisitions in India’s RE sector Up Over 300% in Value terms in 2021 Updated On Wed, Dec 15th, 2021 by Saurenergy The total value of acquisitions in India’s renewable energy sector surged by more than 300% to $ 6 billion in the first ten months of 2021 (till October) from less than $1.5 billion reported in 2020, according to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF) and the International Energy […] Read more
2021 Confirmed As Record Year For Solar Capacity With 11 GW Crossed Updated On Wed, Dec 15th, 2021 by Saurenergy With the December numbers yet to be tallied, India has already added about 11.1 GW of solar capacity from January 2021 till November 2021, which is about 249% higher compared to the installations done in 2020, a new report by JMK Research & Analytics(JMK) says. These numbers are broadly in line with the industry figures […] Read more
Bharat Petroleum, Bhabha Atomic to Jointly Produce Green H2 Updated On Wed, Dec 15th, 2021 by Saurenergy OMC Bharat Petroleum Corporation Ltd (BPCL) and the Bhabha Atomic Research Centre (BARC) have collaborated to scale up alkaline electrolyser technology for the production of green hydrogen. To produce green hydrogen, water electrolysers split water molecules into hydrogen and oxygen using renewable electricity. Multiple water electrolyser technologies exist today. While green hydrogen is currently recognised […] Read more
Canadian Wireless EV Charging Startup eleapPower Raises $21 Million In Funding Updated On Wed, Dec 15th, 2021 by Saurenergy Toronto-based eLeapPower, a technology innovator in the electric vehicles space – inside and outside – with its Smart Inverter System, has confirmed that it raised $21 million CAD in Series A funding. The round was led by a consortium of pension funds and BDC Capital’s Cleantech Practice. eLeapPower’s initial contract is with a global automotive manufacturer headquartered […] Read more
Water Agency In Pakistan Moves To Power Disposal Stations With Solar Energy Updated On Tue, Dec 14th, 2021 by Saurenergy Lahore-headquartered Water and Sanitation Agency (WASA) has planned to convert five of its major disposal stations to solar energy. This was revealed by Water and Sanitation Agency (WASA) Managing Director Syed Zahid Aziz during an online performance review meeting of all Wasas in Punjab, Pakistan. The meeting also discussed capacity building issues of all Wasas. […] Read more
Neoen Doubles Australian Battery Size, Citing ‘Market Opportunities’ Updated On Tue, Dec 14th, 2021 by Saurenergy French developer Neoen, the firm behind the original ‘big battery’ at Hornsdale Power reserve where is used Tesla batteries, has just expanded its bet on Australia. The firm has announced the doubling of its newest big battery production to 100MW/200MWh in the Australian Capital Territory (ACT). Neoen has emerged as a major storage player on […] Read more
