Maharashtra, Tamil Nadu Remain Leaders In EV Manufacturing: Data Updated On Wed, Dec 4th, 2024 by Saurenergy Maharashtra and Tamil Nadu remained the biggest beneficiaries of the Union government’s Production Linked Incentives (PLI) scheme for the automobile sector. The latest data from the Ministry of Heavy Industries indicated that these states became the hotspots for investments in electric vehicle (EV) manufacturing under the scheme. Union Minister for Heavy Industries and Steel HD […] Read more
Suzlon, Jindal Renewables Expand Ties With 302 MW Wind Project Updated On Wed, Dec 4th, 2024 by Saurenergy Suzlon and JSP Green Wind 1 Pvt. Ltd., a subsidiary of Jindal Renewables, have expanded their partnership with an additional 302.4 MW wind power project in the Koppal region of Karnataka. The partnership is aimed at accelerating green steel production. This second order brings the total capacity from Jindal Renewables to 702.4 MW, making it […] Read more
Govt Released Rs 1,325 crore Till Now For PM-KUSUM Updated On Wed, Dec 4th, 2024 by Saurenergy Latest data from the government furnished before the Parliament revealed that the government has infused around Rs 1,325 crore for promoting solar irrigation. This was done with the central funding for the PM-KUSUM scheme, dedicated to boosting solar irrigation across the country. The latest data said that the government invested a total of Rs 1,325.77 […] Read more
Mufin Green Finance Targets ₹500 Crore To Fund Solar Projects Updated On Wed, Dec 4th, 2024 by Saurenergy Mufin Green Finance, a climate finance solutions provider announced its entry into the solar financing sector. The firm said that it recently undertook the successful closure of its first solar financing transaction. The transaction amounted to ₹3.25 crore. This move marks the company’s expansion beyond electric vehicle (EV) financing. With the rise of need and […] Read more
Hoymiles Promises Efficiency and Extended Warranties To Back its Microinverters And Storage Solutions In India Updated On Wed, Dec 4th, 2024 by Saurenergy Solar energy is advancing on an unprecedented growth trajectory, driven by global decarbonization goals and advances in solar technology. Solar PV installations are expanding rapidly, accounting for three-quarters of the 510 GW of renewable energy added globally in 2023. In India too, the solar push is truly on, as the world’s third largest solar market […] Read more
Fraud Row: SECI Withdraws Curbs Against Reliance Power Updated On Wed, Dec 4th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has now backtracked on its plan to impose restrictions on Anil Ambani-led Reliance Power. The central utility had issued a notice around a month back to blacklist the company and its subsidiary to take part in SECI for three years. The original action came against allegations of allegedly […] Read more
November Power Trading- Electricity Prices Drop17% YoY Updated On Wed, Dec 4th, 2024 by Saurenergy Indian Energy Exchange, India’s largest electricity exchange, achieved electricity traded volume of 9,689 MU in November’24, marking a 15.7% year on year increase. During the month, IEX traded 5.46 lakh renewable energy certificates recording a 27.7% year on year decrease. According to government data published in November 2024, the country’s energy consumption reached 125 BUs, […] Read more
Top 5 Reasons Why Shifting Electricity Across Continents Remains A Challenge Updated On Wed, Dec 4th, 2024 by Saurenergy From relying on oil and gas-based power to adopting renewable energy, the uneven spatial distribution and temporal variability of energy sources have historically favoured certain countries and continents over others. Transcontinental energy pools aim to address this disparity by distributing renewable energy to regions less fertile for harnessing these modern energy sources from the regions […] Read more
60 GW Of PSP Projects Under Survey, Minister Tells Parliament Updated On Tue, Dec 3rd, 2024 by Saurenergy The latest update from the Ministry of New and Renewable Energy (MNRE) indicates that major pumped storage projects (PSPs) spread across nine states have a combined installed pumped storage potential of approximately 181.4 GW in the country. Parliamentary data shared by the Minister of State for New and Renewable Energy and Power, Shripad Yesso Naik, […] Read more
