In Blow To Power Reforms, Key Provisions In Draft Electricity Bill (amendment) 2021, Dropped Updated On Thu, Dec 16th, 2021 by Saurenergy The Draft electricity amendment bill (2021), whose withdrawal was one of the demands of the agitating farmers, has gone through some major changes after ‘feedback’ from ‘stakeholders’. And it is clear who has been winning the arguments, if one goes through the (dropped) changes that have been shared by the sources in the Power Ministry. […] Read more
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
Ayana Renewable Acquires 250MW Solar Assets from ACME in Rajasthan Updated On Thu, Dec 16th, 2021 by Saurenergy ACME Solar Holdings Private Ltd will divest 100% equity stake in its 250 MWac solar PV power plants, located in Rajasthan, to Bengaluru-based renewable energy platform Ayana Renewable Power Private Ltd, following the signing of a new deal between the two companies. With this transaction with ACME, Ayana, which is majority controlled by the National […] 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
Staying Fashionable with Solar Powered Clothing Updated On Thu, Dec 16th, 2021 by Saurenergy According to the UN, globally, from material sourcing, through supply chains to washing and waste, the fashion industry produces an estimated 10% of all carbon emissions. It is also the second-largest consumer of the world’s water supply and pollutes the oceans with microplastics. Yet, there is little awareness about these facts. Greenwear Fashion, is among […] Read more
Rays Power Infra to Build 500 MW Solar Park in Rajasthan Updated On Wed, Dec 15th, 2021 by Saurenergy Rays Power Infra has signed a Memorandum of Understanding (MoU) with the Rajasthan government for constructing a solar power plant with the capacity to generate 500 MW of green electricity. During the ongoing Dubai Expo, the parties finalized the agreement to reduce traditional electricity consumption derived from non-renewable sources. Pawan Sharma, Director, Rays Power Infra, […] Read more
Global Installed Wind Power Capacity to Grow at 9% Annually till 2030 Updated On Wed, Dec 15th, 2021 by Saurenergy Global wind power capacity is expected to grow at a cumulative annualised growth rate (CAGR) of 9% between 2021 and 2030, according to a new report by Wood Mackenzie, a Verisk business. By the end of the decade, cumulative global wind power capacity is projected to hit over 1,756 gigawatts (GW). Wood Mackenzie’s Q4 forecast […] 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