Green Energy To Outpace Fossil Fuel In Middle-East By 2040: Rystad Updated On Tue, May 28th, 2024 by Saurenergy Renewables capacity in the Middle East is set to soar in the coming years, with green energy sources outpacing fossil fuel usage in the power sector by 2040, according to Rystad Energy’s latest research. Solar photovoltaic (PV) is expected to emerge as the predominant source, accounting for more than half of the region’s power supply […] Read more
Reskilling Essential To Assist Transitioning Traditional Roles To Sustainability-Focused Positions Updated On Fri, May 24th, 2024 by Saurenergy There has been a significant surge in the demand for sustainability roles across various industries. From renewable energy engineers to sustainability managers, companies are actively seeking professionals with expertise in environmental conservation and sustainable practices. This trend not only reflects a growing awareness of environmental issues but also underscores the importance of integrating sustainability into business operations. […] Read more
US Plans To Invest USD 3.8 Billion In India’s RE Infra Updated On Thu, May 23rd, 2024 by Saurenergy US Ambassador Eric Garcetti recently shared International Development Finance Corporation plans to invest USD 3.8 billion to meet India’s renewable energy and infrastructure goals. He said, while addressing an event on ‘Indo-US Space Co-operation’ in Mumbai, he extended support to support renewable energy and infrastructure goals. He underscored the collaboration between the US and India […] Read more
News Briefs May 22 – KKR Funds Origis Energy, Motovolt, Cleanleaf Energy Updated On Wed, May 22nd, 2024 by Saurenergy Cleanleaf Energy Secures O&M Contracts for 350 MW Solar Projects in Georgia and Pennsylvania New agreements to supply operations and maintenance (O&M) services for utility-scale solar projects totaling 350 MW in Georgia and Pennsylvania have been announced by Cleanleaf Energy, formerly known as Borrego O&M. Heelstone Renewable Energy is the owner of these projects, which […] Read more
EV Car Sales In India Reached 1Mn With 70% YoY Growth Updated On Tue, May 21st, 2024 by Saurenergy International Energy Agency (IEA) in its recent report on Global Critical Mineral Outlook 2024, found a global rise in electric vehicle sales. The report found a global increase in the sale of total electric car sales in India by 70% with an increase in electric car sales reaching almost 1 million. The IEA report found, […] Read more
Travancore Cochin Chemicals Issues 22 MW RE Plant Tender Updated On Mon, May 20th, 2024 by Saurenergy Travancore Cochin Chemicals Ltd has issued a tender inviting online bids from competent Power Plant developers for the setting up upto 22 MW of renewable Energy Power Plant to be implemented in a group captive SPV Model through the Kerala Govt. The bids must be submitted by June 19, 2024, at the latest. The day […] Read more
Pakistan A Step Closer To 1.3 GW Renewable Project Updated On Thu, May 9th, 2024 by Saurenergy Pakistan, where despite a horrendous power grid situation and ideal conditions for solar, renewable energy beyond Hydro has simply not been allowed to take root, might finally be moving towards a GW scale renewable project. The country’s grid has been paralysed with issues linked to its ‘circular debt’, leading to extended blackouts, and a stealthy […] Read more
Tata Power Results In Line With Expectations, Q4 Profits Up 18% Updated On Wed, May 8th, 2024 by Saurenergy Tata Power has announced its Q4 results. During the year, the firm owned its highest-ever PAT of ₹ 4,280 crore and Revenue of ₹ 61,542 crore for FY24 Q4 FY24 PAT up 18% to ₹ 1,109 crore, making it the 18th consecutive quarter of PAT growth During the quarter, the company’s renewables portfolio crossed the […] Read more
NTPC-REL Seeks Bids For 900 MW Project In Madhya Pradesh Updated On Fri, May 3rd, 2024 by Saurenergy NTPC Renewable Energy Limited (NTPC-REL) has invited online bids for land and power evacuation packages for a 900 MW ISTS-connected solar project In Neemuch region, Madhya Pradesh. NTPC-REL’s tender document mentioned that the project requires government/private contiguous land of 5 Acres/MW on a freehold/leasehold basis near Neemuch ISTS substation in Madhya Pradesh, the lease period […] Read more