Karnataka Renewable Energy Policy Approved By State Cabinet Updated On Thu, Mar 31st, 2022 by Saurenergy The Cabinet of the State Government of Karnataka has cleared the Karnataka Renewable Energy Policy for the period of 2022-2027, that seeks to maintain the state’s reputation as a renewable energy leader. The policy says that in the next five years, Karnataka will have a renewable power generation capacity of 10 GW. The policy wants […] Read more
Bill Gates, Chris Sacca Invest in tech for Net Zero Emissions in Heavy Industries Updated On Mon, Mar 14th, 2022 by Saurenergy Microsoft co-founder Bill Gates and Chris Sacca, an early investor in Uber, Twitter, and Instagram, are investing in the US-based start-up Antora Energy to help mitigate climate change. Although Antora Energy is in the early stages of alleviating greenhouse gas emissions from heavy industries, its technology looks promising. Bill Gates is investing in Antora Energy through investing […] Read more
Florida House sends governor contentious bill to end solar net metering Updated On Thu, Mar 10th, 2022 by Saurenergy The Florida Legislature has passed bills Florida SB 1024 and HB 741, which will slash off incentives associated with installing rooftop solar panels and curb net metering. The process of net metering provides system owners with the opportunity to gain extra revenue by selling their excess power to the grid while also making up for shortfalls […] Read more
Azure Power Q3 Results See Losses Narrow, Generation Up 36% Updated On Mon, Feb 28th, 2022 by Saurenergy Azure Power Global Limited (Azure Power), which is listed on the NYSE, has announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the third quarter of fiscal 2022, ended December 31, 2021. Operating Highlights: Megawatts (“MWs”) Operating* were 2,523 MWs, as of December 31, 2021, an increase of 37% over December 31, 2020. […] Read more
Goldman Sachs Says ‘Hydrogen Generation’ Can Be A Trillion Dollar Market Updated On Thu, Feb 24th, 2022 by Saurenergy Goldman Sachs – major banker and think tank – says that hydrogen has a key role to play in the transition to net-zero carbon emission scenario and that hydrogen production has the potential to create a niche market worth more than $1 trillion every year. In a recent media interaction, Goldman Sachs’ commodity equity business […] Read more
ABB to Upgrade Eneti’s Offshore Wind Installation Vessels Updated On Tue, Feb 8th, 2022 by Saurenergy South Korea-based Daewoo Shipbuilding & Marine Engineering Ltd. (DSME) will deliver two wind turbine installation vessels (WTIV) to Monaco-based offshore wind construction giant Eneti Inc. The deal is worth $330 million and the delivery is expected between the third quarter of 2024 and second quarter of 2025. ABB – the global leader in automation, digitization […] Read more
Cabinet Approves Intra-State Transmission System – Green Energy Corridor Phase-II Updated On Thu, Jan 6th, 2022 by Saurenergy The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Narendra Modi, today approved the scheme on Green Energy Corridor (GEC) Phase-II for Intra-State Transmission System (InSTS) for addition of approximately 10,750 circuit kilometres (ckm) of transmission lines and approx. 27,500 Mega Volt-Amperes (MVA) transformation capacity of substations. The scheme will facilitate grid […] Read more
Coal Demand Rises In India, IEA Says Net Zero Should Have Stronger Implications Updated On Fri, Dec 24th, 2021 by Saurenergy The IEA’s Coal 2021 report shares worrying insights for India. The global power generation from coal is expected to take a leap by 9% in 2021, after consecutively falling in the previous two years. An all-time high of 10,350 terawatt-hours is the demand so far. India is the second-largest producer, consumer and importer has received […] Read more
Not Having A Central Net Metering And Subsidy Policy Is A Challenge Updated On Tue, Dec 21st, 2021 by Saurenergy Corrit Energy and Infra, a Gurugram, based solar EPC company provides engineering, procurement, and construction services in and around Delhi- NCR is now gearing up for the next phase of growth. In an emailed response to Saur Energy, Corrit’s CEO and Director, Mayur Mishra, sheds further light on the solar energy industry, key requirements and […] Read more
