COVER STORY: Increased Govt Thrust Set To Give Rooftop Solar Financing A Fillip Updated On Tue, Feb 13th, 2024 by Saurenergy Days after the announcement of PM Suryodaya Yojana on January 22, its impact was felt in different parts of the country. Several states, ministries, energy regulators and companies seem to be in a race to enable faster adoption of rooftop solar. Union Minister for New and Renewable Energy already announced increasing subsidies for residential rooftop […] Read more
Aggreko Energy Transition Solutions To Develop 13 MW Solar Project in Texas Updated On Thu, Feb 1st, 2024 by Saurenergy Aggreko, a US-based energy solutions company, announced that the company’s Energy Transition Solutions (“Aggreko ETS”) division has acquired a 13 MW behind-the-meter solar power project site in Texas. Aggreko ETS will oversee the construction, own, and operate the clean energy project in support of a Texas energy producer’s drive to decarbonise operations. Once complete, the […] Read more
Top 12 Trends Of 2023 That Created Ripples In Indian Renewable Sector Updated On Tue, Jan 2nd, 2024 by Saurenergy For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […] Read more
Profit Uncertainty Holding Back Europe’s BESS Growth: Rystad Report Updated On Wed, Dec 6th, 2023 by Saurenergy A recent research report on battery storage energy systems (BESS) by Rystad Energy claimed that the profit uncertainties in Europe have held back the growth of BESS. According to the latest research, which analyzes day-ahead power prices in Europe for 2023, Bulgaria (BG), Italy (NORD) and Hungary (HU) offer the highest profit potential for BESS […] Read more
Heat Cure’s Nanotechnology-Based Coating Stands Out-Sanjay Mendiratta, Heat Cure Updated On Mon, Nov 20th, 2023 by Saurenergy How did the firm come up with the idea/product? The Indian glass industry market size has reached $ 3.3 billion in 2022, and it is further expected to reach $ 4.8 billion by 2028 as per a report by IMARC Group. Over the last decade, modern architecture has come to the centre stage with designers […] Read more
IEX Reports PAT Exceeding 21% in Q2FY24 Against Q2FY23 Updated On Fri, Nov 3rd, 2023 by Saurenergy The IEX (Indian Energy Exchange) has declared its unaudited consolidated financial results for the second quarter ending September 30, 2023. Particulars Q2FY23 Q2FY24 YoY Total Volume (in BU) 23.1 26.5 14.6% Total Revenue 113.8 133.0 16.9% Total Operating Expense 16.3 16.6 1.8% EBITDA 97.5 116.4 19.4% Finance, Depreciation & Amortization Cost 5.0 5.8 16.0% Share […] Read more
RE In Infrastructure Will Rise From 22% in 2020 to 29% in 2030: IRENA Updated On Tue, Oct 31st, 2023 by Saurenergy COP28, IRENA (International Renewable Energy Agency) and Global Renewables Alliance outlined a roadmap at Pre-COP. They estimate that countries are likely to fast-track energy transition by tripling renewable power and doubling energy efficiency by 2030. At the COP28 Presidency, International Renewable Energy Agency (IRENA) and Global Renewables Alliance published a joint report outlining key enablers […] Read more
Lohum Stakes Claim To Be First Outside China to Extract Pure Metallic Lithium Updated On Fri, Sep 29th, 2023 by Saurenergy LOHUM, a producer of sustainable energy transition and battery materials has announced the recovery of pure Lithium metal, through recycling. This is amongst the slew of initiatives by the firm comprising new closed-loop ecosystem achievements. LOHUM, through its integrated recycling, repurposing, and refining system claims to have become among the first five companies to globally […] Read more
Indian Airports Move Towards Renewables, Glare Hazards Pose New Challenge Updated On Fri, Sep 1st, 2023 by Saurenergy By-Ravleen Kaur Earlier in March, the Airports Authority of India (AAI) announced that it will use 100 percent renewable energy at all its airports by 2024. AAI is India’s public sector airport developer and operator. Of the 137 airports it manages, the statutory body has, already commissioned in-house solar plants at 38 airports with a capacity of 40 […] Read more