India’s RE May Fall Short Of 2030 Target By 104 GW: GlobalData Updated On Mon, Jul 18th, 2022 by Saurenergy A new report has predicted that current growth trend of renewable energy production may pull India 104 GW short of the 2030 renewables target. 2030 RE target requires India, according to GlobalData, to add more than 38 GW of renewable capacity every year from 2022 to 2030. Ironically, Central Electricity Authority has predicted that India […] Read more
Can Green Ammonia Solve India’s Subsidies Woes? Updated On Fri, Jul 15th, 2022 by Saurenergy Ammonia is one of the two future fuels, the other being Hydrogen, envisaged to replace fossil fuels. On production of these fuels by using power from renewable energy, they are termed as green hydrogen and green ammonia. This is one of the major requirements towards environmentally sustainable energy security for India. Ammonia is a chemical […] Read more
Pipeline Infrastructure And DNV Collaborate To Integrate Hydrogen In India Updated On Thu, Jul 14th, 2022 by Saurenergy Norway-based independent energy expert and assurance provider, DNV has announced its collaboration with gas transportation company Pipeline Infrastructure Limited (PIL). Through this partnership, DNV will offer technical guidance and assistance to Pipeline Infrastructure Limited (PIL) regarding the integration of blended H2O into its gas trunkline assets in India, which include transmission pipelines, interconnects, spur lines, […] Read more
Statcon Energiaa And Magellan Powertronics, Australia Ink MoU For EV Charging and Renewable Tech Updated On Thu, Jul 14th, 2022 by Saurenergy Australia-based DC & AC electric equipment manufacturer, Magellan Powertronics has inked a Memorandum of Understanding with Delhi-based power electronics manufacturer company, Statcon Energiaa. With this MoU, business and technological cooperation in the field of power electronics are to be encouraged. Manufacturing EV Chargers and Power Electronics for Renewable Energy are its main areas of focus. […] Read more
Two-thirds Of New Renewable Power In 2021 Cheaper Than Cheapest Coal In G20: IRENA Updated On Thu, Jul 14th, 2022 by Saurenergy Renewable Power Generation Costs in 2021, published by the International Renewable Energy Agency (IRENA) has stated that almost two-thirds or 163 gigawatts (GW) of newly installed renewable power in 2021 was cheaper than the world’s cheapest power plants, the source of which was coal, in the G20 countries. According to IRENA, the renewable power added […] Read more
Tata Power’s 600 MW Hybrid Tender Work A Step Closer To Start With Grant OF LOA Updated On Thu, Jul 14th, 2022 by Saurenergy TP Saurya Limited (TPSL), a wholly owned subsidiary of Tata Power, received the ‘Letter of Award’ (LoA) from Solar Energy Corporation of India (SECI) for setting up a 600 MW hybrid (wind and solar) power project in Karnataka. The letter was awarded through tariff-based competitive bidding followed by an e-Reverse auction. The project will be […] Read more
Japan Will Include India Into AETI To Help Achieve Green Energy Transition Updated On Wed, Jul 13th, 2022 by Saurenergy While it mourns the assassination of Japan’s former Prime Minister Shinzo Abe last week, Japan is looking to aid India to shift to clean energy by expanding a programme it launched in 2021 for Southeast Asian nations, Industry Minister Koichi Hagiuda said recently. Although India was not initially included in the Japan’s ‘Asia Energy Transition […] Read more
SJVN To Build Two Solar Power Projects For Rs 690 Cr In Uttar Pradesh Updated On Wed, Jul 13th, 2022 by Saurenergy State-owned renewable energy player SJVN has announced that it has entered into an agreement with Solarworld Energy Solutions for the development of two solar power projects in Uttar Pradesh. There will be a total investment of more than Rs 690 crore and the total generation capacity of the two solar projects shall be 125 MW. […] Read more
ReNew To Refinance Dollar-Denominated Bonds, First RE Player To Do So In India Updated On Wed, Jul 13th, 2022 by Saurenergy India renewable energy major ReNew Energy Global has announced that it has successfully refinanced its 2024 maturity dollar-denominated bonds with amortizing project debt from an Indian non-bank financial company. ReNew claims to have become the first Indian renewable energy company to have done this. The official statement of ReNew held that issued bonds worth $ […] Read more