ONGC Plans Rs 1 Lakh Crore Investment For Energy Transition Updated On Mon, May 29th, 2023 by Saurenergy State owned oil and gas producer ONGC has announced an investmen worth Rs 1 lakh crore by the end of this decade (2030) on energy transition projects. Most of the investments will be made on renewable energy projects. ONGC has already declared its target of achieving net zero carbon emissions by 2038. The fresh announcement […] Read more
Kerala to Welcome Special Zone for Electric Vehicle Industry Updated On Mon, May 29th, 2023 by Saurenergy Kerala will soon welcome a special zone for the electric vehicle (EV) industry. The announcement was made by Industries Minister for the state, P Rajeeve. It is being held that the special zone will host battery production, technology development and other areas that delve into the EV sector. The minister further stated that the government […] Read more
IEA Report: Expect $1.7 Trillion Investments In Clean Energy In 2023 Updated On Fri, May 26th, 2023 by Saurenergy The International Energy Agency has said that the global investment in clean energy is on course to rise to $1.7 trillion in 2023. In this journey, solar energy is set to eclipse oil production for the first time. According to the new report by IEA, about $2.8 trillion is set to be invested globally in […] Read more
RWE Is Now Sole Owner Of 1.6-GW Nordseecluster Offshore Wind Project Updated On Fri, May 26th, 2023 by Saurenergy RWE has said that it has strengthened its position in the German offshore wind market as it has become the sole owner of 1.6-GW cluster of offshore wind farms in the German North Sea. The Nordseecluster, consisting of four sites located north of the island of Juist, was formerly co-developed with Canadian company Northland Power, […] Read more
IEX Dividend At Rs 1 per Share; Net Profit At Rs 88 Cr Updated On Fri, May 26th, 2023 by Saurenergy Trading platform for physical delivery of electricity, renewable power, renewable energy certificates, and energy saving certificates, Indian Energy Exchange (IEX) has announced its financial results for the fourth quarter (Q4) and the year ended March 31, 2023 (FY23). During Q4 FY’23, IEX achieved an overall volume of 26 Billion Units (BUs), registering a 7.9% QoQ growth. In […] Read more
World’s First Megawatt-Class AEM Electrolyser Unveiled by Enapter AG Updated On Thu, May 25th, 2023 by Saurenergy German electrolyser manufacturer Enapter AG has unveiled ‘AEM Multicore’ – the world’s first megawatt-class AEM electrolyser for the production of green hydrogen. The megawatt electrolyser was unveiled in the presence of Mona Neubaur, German Minister for Climate Action and Energy. With the AEM Multicore, Enapter AG says it ushers in a new era in environmentally […] Read more
UKA To Build 120 MW Wind Farm For Mercedes-Benz Updated On Thu, May 25th, 2023 by Saurenergy Global automaker Mercedes-Benz has announced plans for installing a wind energy farm of over 120 MW at its test track in Papenburg, Northern Germany. It has also awarded a long-term contract worth hundreds of millions to German energy park developer UKA (Umweltgerechte Kraftanlagen GmbH & Co. KG) under which UKA will erect about 20 wind […] Read more
Suzlon Continues Order-Winning Spree with 300 MW Wind Project for Torrent Power Updated On Wed, May 24th, 2023 by Saurenergy Renewable energy solutions provider, Suzlon Group, has bagged a fresh order from Torrent Power Limited for its new 3 MW series of wind turbines. The firm will look after the development of a 300 MW wind power project. Suzlon will install 100 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a […] Read more
JSW Energy Reports 32% Surge In Renewable Generation in Q4 Updated On Wed, May 24th, 2023 by Saurenergy JSW Energy Limited yesterday announced its Q4 Financial Results. The Indian private power producer said that its net renewable generation increased 32 percent on Year-on-Year (YoY) basis. In addition, it said that the commissioning of 225 Megawatts (MW) of the Vijayanagar solar power plant helped increase its clean energy generation. The firm said earnings before […] Read more
