GE Finance takes 49% Stake In Continuum Wind Energy Project In Gujarat Updated On Thu, Jun 16th, 2022 by Saurenergy General Electric has declared that it has acquired a 49% stake in the Morjar wind energy project in Gujarat. The official statement says that GE Energy Financial Services and Continuum Green Energy (India) closed the financial deal of GE Energy Financial Services’ acquisition in the Continuum’s developed wind project. Morjar is an onshore wind energy […] Read more
Atlas Acquires Its First Wind Power Project Updated On Wed, Jun 15th, 2022 by Saurenergy International renewable energy producer, Atlas Renewable Energy, has declared that it has acquired a wind project in the Brazilian state of Minas Gerais from the French energy producer and supplier Voltalia. The statement released by Atlas Renewable said that the project, named Juramento, will have a generation capacity of 378 MW. It will be composed […] Read more
Total Energies Joins Adani Enterprises To Build ‘Largest Green Hydrogen Ecosystem’ Updated On Tue, Jun 14th, 2022 by Saurenergy Adani, India’s fastest-growing diversified business portfolio, and energy supermajor TotalEnergies of France, have entered into a new partnership to jointly create the world’s largest green hydrogen ecosystem. In this strategic alliance, TotalEnergies will acquire 25% minority interest in Adani New Industries Ltd (ANIL) from Adani Enterprises Ltd (AEL). Adani Enterprises is effectively the incubation arm […] Read more
Karnataka Sets Out To Generate 1.2 lakh MW From Wind Across Talukas Updated On Tue, Jun 14th, 2022 by Saurenergy Blessed with the third largest wind energy potential in the country, Karnataka Renewable Energy Development Ltd (KREDL) has set out to generate an additional 1.2-lakh-MW of wind energy by exploiting its potential in every taluk. The National Institute of Wind Energy (NIWE) prepared the country’s first ‘wind atlas’ in 2019. The potential of wind energy […] Read more
META4 To Invest Rs 250 Crore In Electric Two-Wheeler Manufacturing In India Updated On Tue, Jun 14th, 2022 by Saurenergy Looking to grab a piece of the EV pie in India, the United Arab Emirates (UAE) based META4 has announced that it will be investing Rs 250 crore in the state of Telangana to set up an electric two-wheeler manufacturing facility. META4 has also held that it has signed a pact with the Telangana Government […] Read more
Tata Power DDL Gears Up To Add 400 MW RE To Power Updated On Tue, Jun 14th, 2022 by Saurenergy Tata Power Delhi Distribution Ltd (DDL) is working to increase the supply of renewables to 50% of its overall supplies in the next five years. At present, the renewable profile of the company is around 21% of the discom’s supplies. The company is preparing for a peak load of about 2350 MW this year. The […] Read more
Investment Crunch, Discoms Twin Hurdles to India’s 2070 RE target : Moody’s Updated On Mon, Jun 13th, 2022 by Saurenergy Moody’s Investors Service said in a report on June 13 that India needs a shift in its energy mix toward renewable energy and improve financial health of state owned distribution companies (discoms) if it is to reach its net-zero emission by 2070. It is worth remembering that in just the Modi government’s tenure, we have […] Read more
Canadian BIPV Firm Mitrex Launches PV Plus Noise Barriers For Highways Updated On Mon, Jun 13th, 2022 by Saurenergy Mitrex, a Toronto-based manufacturer of integrated photovoltaics, has released its latest product—a photovoltaic noise barrier (PVNB). Offering a Noise Reduction Coefficient (NRC) rating of up to 0.7 through ASTM C423 testing, solar power production, and enhanced aesthetics for use on roads and highways. In collaboration with noise barrier industry players including Durisol and Silentium Group, Mitrex was […] Read more
Extending The Net Metering Policy To Energy Storage Devices Will Grow The Market Updated On Mon, Jun 13th, 2022 by Saurenergy Sheru, an energy storage startup supports storing energy in the cloud and solves the lack of storage problems by aggregating idle battery capacity to create a virtual energy storage platform. Sheru was started by three friends, Ankit Mittal, Shikhar Sharma, and Nakul Mehan, engineering graduates from BITS Pilani. Having helped build robotics solutions in India’s first deep […] Read more
