MP, Rajasthan, Karnataka Lead In Power Subsidies Updated On Mon, Aug 8th, 2022 by Saurenergy According to data provided by the Power Ministry, subsidised electricity is being supplied to consumers in 27 states and Union territories. Further, as much as Rs 1.32 trillion (Rs 132,000 crores) in subsidies has been spent in the country in the financial year, 2020-21 financial year. Among all the states, Madhya Pradesh, Rajasthan and Karnataka […] Read more
Shocking To See How The Small-Scale, Decentralized Rooftop Solar Market Was Ignored Updated On Tue, Aug 2nd, 2022 by Saurenergy Pyse is a web-based investment platform that allows retail investors to invest their savings in sustainable projects that create social and environmental impact. The company is helmed by two young entrepreneurs Kaustubh Padakannaya and Vinay Mantha, who are using their tech background to solve climate change. Kaustubh Padakannaya is an impact-focused entrepreneur that works at […] Read more
Karnataka Signs MoUs With Petronas Hydrogen and Continental Automotive Components For Investment Worth Rs 32,000 Cr Updated On Wed, Jul 6th, 2022 by Saurenergy The Karnataka Government has signed two separate Memorandums of Understanding with Malaysia-based Petronas Hydrogen and Continental Automotive Components. This will usher an investment in the state to the tune of Rs 32,000 crore. The MoUs were signed by Dr. EV Ramana Reddy, Additional Chief Secretary in the Department of Industries and Commerce. Chief Minister Basavaraj […] Read more
Volvo Invests $4.9 million In Connected Energy For Second Life Battery Business Updated On Mon, Jun 20th, 2022 by Saurenergy Volvo Energy is investing about 50 million Swedish kronor (SEK) or $4.9 million for 10 percent in the UK-based second-life battery energy storage specialist Connected Energy. Joachim Rosenberg, President, Volvo Energy, said, “There is a great deal of untapped potential in the second-life use of batteries. This forward-leaning investment aims to facilitate the scaling-up of […] Read more
Karnataka Sets Out To Generate 1.2 lakh MW From Wind Across Talukas Updated On Tue, Jun 14th, 2022 by Saurenergy Blessed with the third largest wind energy potential in the country, Karnataka Renewable Energy Development Ltd (KREDL) has set out to generate an additional 1.2-lakh-MW of wind energy by exploiting its potential in every taluk. The National Institute of Wind Energy (NIWE) prepared the country’s first ‘wind atlas’ in 2019. The potential of wind energy […] Read more
Ayana To Invest Rs 12000cr for 2 GW RE Projects in Karnataka Updated On Thu, Jun 9th, 2022 by Saurenergy Ayana Renewable Power Pvt Ltd (Ayana) is expanding its green energy business in Karnataka as the company announced that it will set-up renewable energy projects totaling 2 gigawatts (GW) with an investment of Rs 12,000 crore. The official statement of Ayana said that the company has signed an expression of interest with the government of […] Read more
Cipla is Expanding Its Renewable Energy Plant in Association with AMP Energy Updated On Fri, Jun 3rd, 2022 by Saurenergy Cipla Limited is adding 16MW to its 30MW solar plant capacity to meet the energy needs of manufacturing operations in Kurkumbh and Patalganga, as well as R&D units in Maharashtra. Cipla commissioned this 30MW solar plant last year (2021) in January at Tuljapur. For the commissioning of both projects, Cipla Ltd has done the partnership […] Read more
Davos Casts A Spell, ReNew Power Signs Another MoU With Karnataka Updated On Wed, May 25th, 2022 by Saurenergy Davos seems to be working like a magnet to all stakeholders in renewable energy from across India. MoU after MoU have been signed here on the sidelines of World Economic Forum. Soon after signing an MoU with Maharashtra a couple of days ago, ReNew Power on May 25, signed another Memorandum of Understanding (MoU) with […] Read more
Karnataka to optimise RE with storage support Updated On Tue, May 10th, 2022 by Saurenergy The Karnataka government is making efforts to capitalise on its generation of renewable energy by boosting its storage capabilities to secure its growing requirement of power. A proposal to increase investments into creating more storage capacity is likely to be placed before the Basavaraj Bommai-led cabinet within the next few weeks. Karnataka is the leading […] Read more
