Portable Solar Tracking Towers Developed by IIT Delhi Updated On Tue, Feb 22nd, 2022 by Saurenergy Researchers at Indian Institute of Technology – Delhi (IIT-Delhi) have developed solar photovoltaic tracking towers that are portable. The new towers are of 3 kW and 5 kW capacity that can save time and the owners can operate them mechanically and also non-mechanically. The premier institution says that the new technology is scalable to higher […] Read more
AMPYR gets $455m for 2GW of new solar energy projects Updated On Fri, Feb 18th, 2022 by Saurenergy European conglomerate AMPYR Solar Europe (ASE) has secured a massive facility of $455 million or €400 million that will enable the company to establish about 2GW of solar power capacity into operation. This project will span the entire Europe and shall be complete by 2025. The facility has been secured from CarVal Investors. AMPYR Solar […] Read more
Sweden Embarks on 120 TWh Offshore Wind Energy Updated On Thu, Feb 17th, 2022 by Saurenergy Sweden has come up with a massive new marine plan wherein the government has committed itself to develop 120 TWh offshore wind energy in the coming few years to fulfil the power needs of the country. The Swedish Energy Agency has already identified three key areas to begin with. The Swedish government has identified three […] Read more
IIT Bhubaneswar Develops Low-Cost Mobile Solar Pump for Farmers Updated On Wed, Feb 16th, 2022 by Saurenergy Building on a 2017 grant from the state government of Odisha to build a technology driven support for farmers in the state, IIT Bhubaneswar has come up with a state-of-art solar pump that is not just economical, but also with added mobility feature to support farmers in distant locations. SO far, IIT Bhubaneswar has delivered […] Read more
Torrent Power Bags 25 MW Solar Portfolio in Gujarat Updated On Fri, Feb 11th, 2022 by Saurenergy In a recent announcement, Torrent Power said that the company has entered into a share purchase agreement with Blue Daimond Properties and Balrampur Chini Mills for the acquisition of 100 per cent equity share capital of Visual Percept Solar Project, which operates a solar plant of 25 MW capacity in Gujarat. Subject to closing price […] Read more
Norway to Launch 1.5 GW Offshore Wind Tender in Late 2022 Updated On Thu, Feb 10th, 2022 by Saurenergy Norway will launch its first tender for offshore wind turbines in the southern North Sea later this year. The government has confirmed that the project will be bottom-fixed to develop 1.5 GW of electricity meant to power the Norwegian mainland. The growth of Norway’s offshore wind industry would enable the country to transition from oil […] Read more
Tata Power Net Profit Swells by 71% Signifying Comprehensive Growth Updated On Thu, Feb 10th, 2022 by Saurenergy The third quarter results of Tata Power in the current financial year is out and the company has posted a staggering 71% rise in the consolidated profits against the corresponding period of the previous fiscal. The renewable portfolio in terms of profit after tax (PAT) grew by 107% – all credit to their solar expansion. […] Read more
Croatia to Launch Renewable Auctions by Q3 2022 Updated On Tue, Feb 8th, 2022 by Saurenergy Croatia’s Ministry of Economy and Sustainable Development is considering announcing auctions for large wind farms and solar power plants by the third quarter of 2022. About a year back, the Ministry had announced preparations for auctions for premiums for large power plants using renewable energy sources, which were then postponed to the autumn season. According […] Read more
Borosil Renewables’ Net Profit Jumps by 323% YoY basis Updated On Tue, Feb 8th, 2022 by Saurenergy Financial results of the third quarter ending December 31 have been announced by Borosil Renewables. The company has declared that the net profit surged 332.23% to Rs 45.73 crore in the quarter ended December 2021 as against Rs 10.58 crore during the quarter that ended December 2020. The total sales of Borosil Renewables rose by […] Read more