ONGC, NTPC Green Enter JV To Build Offshore Wind Project In India Updated On Mon, Nov 18th, 2024 by Saurenergy ONGC NTPC Green Private Limited (ONGPL) was recently incorporated as a 50:50 joint venture between NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, and ONGC Green Limited (OGL), a wholly-owned subsidiary of Oil and Natural Gas Corporation Limited. The authorized share capital of ₹10 lakh has been subscribed to explore and set up […] Read more
Recycling Can Cut Lithium, Nickel Demand By 25% Globally By 2050: IEA Updated On Mon, Nov 18th, 2024 by Saurenergy The recycling of battery metals is emerging as a significant commercial opportunity, with the production of recycled metals such as nickel, cobalt, and lithium witnessing rapid growth, albeit from a low base. According to the recent report by International Energy Agency (IEA) recovered metal volumes rates relative to the available feedstock for recycling surged to […] Read more
UltraTech To Deploy Electric Trucks For Its Logistic Operations Updated On Mon, Nov 18th, 2024 by Saurenergy Indian cement and ready-mix company UltraTech Cement Limited has announced that it is scaling up the use of Electric Vehicles (EV trucks) for the movement of materials and products in its logistics operations. The company has signed a new transport service contract for the deployment of about 100 electric vehicles (EV Trucks) for the transportation […] Read more
Green Stocks Nov 18: For Green Stocks, It’s Go Big Or Make Big Announcements To Stay In Green Updated On Mon, Nov 18th, 2024 by Saurenergy The extended weekend break provided little respite for a slipping market, but some of our green stocks stood up well on a week day. Cell and Module manufacturers Premier Energies and Waaree Energies both jumped over 10% and 6% respectively. Acme Solar, which had a disappointing debut last week, seemed in catch up mode as […] Read more
Tata Motors Foresees Price Stability For Its EV Products Updated On Mon, Nov 18th, 2024 by Saurenergy Electric Vehicle manufacturer Tata Motors now expects the prices of its Electric Vehicles (EV) products to move towards stability. This comes at a time when the firm sees steadiness in the prices of cells, used in these EVS. The top management of the firm, in the latest investors call told its investors about this ‘price […] Read more
Govt Removes Dual Consent For Wind, Solar & Other RE Projects Updated On Mon, Nov 18th, 2024 by Saurenergy The Ministry of Environment, Forest and Climate Change (MoEFCC) has now come up with a new gazette notification to reduce the need for multiple clearances from the government for the commissioning of several clean energy projects ranging from solar, wind, compressed biogas (CBG) and others. The move was aimed at expediting the growth of such […] Read more
Long-Duration Energy Storage Needs To Touch 8 TW By 2040: Report Updated On Mon, Nov 18th, 2024 by Saurenergy The world’s energy systems are not decarbonising quickly enough to meet global sustainability commitments, and immediate action must be taken to rapidly deploy long-duration energy storage (LDES) technologies to efficiently integrate the growing amount of renewable energy now coming online, according to a new report. The inaugural Annual Report from the Long Duration Energy Storage […] Read more
Can Anti-Dumping Duties Change The Fate Of Borosil Renewables? Updated On Mon, Nov 18th, 2024 by Saurenergy A recent investigation report by the Directorate General of Trade Remedies (DGTR) has recommended the imposition of anti-dumping duties on solar glass. This seemingly opened up a small window of relief for Indian solar glass makers like Borosil Renewables. The company was earlier going all out to halt the alleged dumping of solar glass at […] Read more
ACME Sun Power Secures Rs.3,753 Crore Loan From REC For FDRE Projects Updated On Mon, Nov 18th, 2024 by Saurenergy ACME Solar Holdings’ subsidiary, ACME Sun Power Private Limited, has secured a Rs. 3,753 crore term loan from REC Limited. This financing is extended to support the development and construction of a 320 MW Firm and Dispatchable Renewable Energy (FDRE) project in collaboration with SJVN. The Gurugram-based company’s recent project are planned to be located […] Read more