NTPC Crosses Key Milestone of 1 GW Renewable Capacity Updated On Wed, Dec 14th, 2022 by Saurenergy NTPC Ltd, the country’s largest power generator, has crossed the 1GW annual capacity in the renewable energy (RE) segment by adding 1074.59 MW RE capacity in FY23 taking the total NTPC non-fossil capacity to 9.41%. With the successful commissioning of entire capacities of 150 MW & 90 MW Devikot Solar PV Projects at Jaisalmer, Rajasthan, […] Read more
Indian Renewable Energy Sector Has Potential For $10 Bn Investment in 2023 Updated On Tue, Dec 13th, 2022 by Saurenergy India could draw close to $10 billion in renewable energy investment in 2023, which would be a positive given that public markets are still mostly closed to large-scale capital raising, according to Bank of America Corp’s top management. As investors aim to reflect the energy transformation in their portfolios, deals and investments will continue to […] Read more
Energy Conservation Amendment Bill Passed By RS, Active Carbon Markets A Step Closer Updated On Tue, Dec 13th, 2022 by Saurenergy The Energy Conservation (Amendment) Bill has finally been passed by the Rajya Sabha after introduction by MNRE Minister R K Singh. The Bill that was passed in August 2022 in the Lok Sabha, seeks to amend the Electricity Conservation Act 2001. The new law paves the way for amendments such as issuing carbon saving certificates […] Read more
Adani Group Signs Agreement with Australia’s CRT for Electrolyser Technologies Updated On Tue, Dec 13th, 2022 by Saurenergy Australia-based Cavendish Renewable Technology (CRT) has announced the signing of a Technology Development and Licensing Agreement with Adani New Industries Limited (ANIL). ANIL is owned by the Adani Group. The official statement by CRT held that the agreement includes infrastructure costs for further development of intellectual property, licence fees and royalties on successful commercialisation of […] Read more
Bp Takes Control Of AREH – Australia’s Largest Renewables Project Updated On Fri, Dec 9th, 2022 by Saurenergy Global energy conglomerate bp has now officially taken over the operations at the Asian Renewable Energy Hub (AREH) – which is the largest renewable energy project in Australia – after it has acquired a 40.5 per cent equity stake in AREH. Situated in the Pilbara, Western Australia, bp held that the RE hub has potential […] Read more
Kerala to Run 100% On Renewable Energy by 2040, Says Chief Minister Vijayan Updated On Fri, Dec 9th, 2022 by Saurenergy The threat of the vagaries of climate change have forced the government of Kerala to come out with a revised climate action plan. The role and scope of renewable has been expanded within this plan. Kerala Chief Minister Pinarayi Vijayan has now said that Kerala aspires to become a state that will run 100 per […] Read more
NTPC Renewables Report Card: The State of The PSU’s Renewable Efforts Updated On Wed, Dec 7th, 2022 by Saurenergy India’s national generator, NTPC, works for and is under the ownership of the Ministry of Power, Government of India. It is engaged in the generation of electricity and allied activities. The company is positioned at the helm of the Indian power sector and is the largest power producer in the country. NTPC is also actively […] Read more
JSW Energy Commissions 27 MW Wind Energy Plant Updated On Wed, Dec 7th, 2022 by Saurenergy The commissioning of 27 MW of wind energy generation capacity was part of the first phase of JSW Energy’s 450 MW wind project at Tuticorin in Tamil Nadu, according to an announcement. In a BSE filing, the company announced that “JSW Renew Energy Two Ltd, a step-down subsidiary of JSW Energy, has started phase-wise commissioning […] Read more
India’s Policy Framework For Low-Carbon Electricity Generation Updated On Thu, Dec 1st, 2022 by Saurenergy India recently submitted its Long-term Low-Carbon Development strategy to the requirements of the Paris Agreement. The South Asian country aims to go carbon-neutral by 2070, requiring adopting new technological developments while taking care of all the associated risks. For this, the Policy framework that the country adopts will matter the most in its transition to […] Read more
