SJVN, BHEL, REMC sign MoU to Develop Renewable Energy for the Railways Updated On Tue, Apr 12th, 2022 by Saurenergy Satluj Jal Vidyut Nigam (SJVN) has announced that it has signed a Memorandum of Understanding with other two state owned companies – engineering firm Bharat Heavy Electricals Limited (BHEL) and Railway Energy Management Company (REMC) Limited for the development of renewable energy projects. In an official statement SJVN Chairman and Managing Director (CMD), Nand Lal Sharma […] Read more
O2 Power, US-based Powin form JV for energy storage solutions in India Updated On Mon, Apr 11th, 2022 by Saurenergy O2 Power, a Gurugram-based renewable energy producer, and Powin, a US-based battery energy storage firm, on Friday said they have signed a memorandum of understanding to provide battery storage solutions for the Indian renewable energy market. According to the official press release, Powin will be responsible for the delivery and commissioning of the battery energy […] Read more
Shakti Pumps Gets First Patent for its Unidirectional Solar Water Pump with Grid-tied Power Generation Capabilities Updated On Mon, Apr 11th, 2022 by Saurenergy Energy-efficient pumps and motors’ manufacturer Shakti Pumps (India) Limited has been granted its maiden patent for innovating ‘A Unidirectional Solar Water Pump with Grid-tied Power Generation’ system. It’s a proud moment in the company’s history, said an official statement. The solar-powered unidirectional pump offers grid-tied power generation capabilities. Shakti Pumps says that solar water pumps ensure […] Read more
Tesla, Block and Blockstream to mine bitcoin off solar power in Texas Updated On Mon, Apr 11th, 2022 by Saurenergy Electric-vehicle maker Tesla Inc, payments firm Block Inc and blockchain company Blockstream Corp will collaborate to mine bitcoin using solar power in Texas, Blockstream CEO Adam Back said on Friday. Blockstream and Block, which was previously known as Square, had revealed in June that they were collaborating to build an open-source and solar-powered bitcoin mining […] Read more
CERC Deviation Settlement Mechanism To Hurt Renewable Players, Says NSEFI Updated On Mon, Apr 11th, 2022 by Saurenergy In a letter to Indu Shekhar Chaturvedi, Secretary, the Ministry of New and Renewable Energy, the National Solar Energy Federation of India (NSEFI), a key developer body of renewable players has flagged major industry concerns on the Deviation Settlement Mechanism for renewable energy as notified by the Central Electricity Regulatory Commission (CERC). The new rules […] Read more
1,500-1,600 MW wind energy capacity to be added in 2022-23: Ind body Updated On Fri, Apr 8th, 2022 by Saurenergy Wind energy capacity addition during 2022-23 is expected to be about 1,500-1,600 MW and will be about 2,000-2,500 MW in the next year, a top wind turbine industry body official said on Thursday. Last fiscal, the total wind power capacity that was added in the country was about 883 MW, Indian Wind Turbine Manufacturers Association […] Read more
Rajasthan at 2nd position in achieving rooftop solar power target Updated On Fri, Apr 8th, 2022 by Saurenergy Rajasthan is at No. 2 position in achieving the target for implementing rooftop solar power projects in the country, according to recent media reports. Gujarat, which was given a target of 3200 MW, has achieved 54%, while Rajasthan has set up 33% of the allocated 2300 MW capacity. In terms of capacity by February 2022, […] Read more
JSW Energy Begins Work at 225 MW Solar Power Project in Karnataka Updated On Fri, Apr 8th, 2022 by Saurenergy JSW Energy has announced that its subsidiary – JSW Renewable Energy Vijayanagar Ltd – has started operations of 225 MW solar power plants in Karnataka’s Vijayanagar. The official statement of JSW Energy said that the solar project is part of the 958 MW solar and wind projects that were announced earlier. Under the group captive […] Read more
Ingka Group (IKEA) Acquires 9 Solar Power Projects in Europe for €340 Million Updated On Thu, Apr 7th, 2022 by Saurenergy Sweden-based Ingka Group, which owns the majority of IKEA stores globally, has announced that it has acquired nine solar power park projects in Germany and Spain for €340 million. The combined capacity of the solar projects comes to 440 MW. The Ingka Group solar has acquired the portfolio from solar power developer ENERPARC. Four solar power projects […] Read more
