Curbs On Banking Of Power Risks Hurting Renewable Producers Updated On Wed, Dec 22nd, 2021 by Saurenergy A briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research asserts that new restrictions on banking of power will inhibit the growth of the rooftop and open-access solar market. This would have a wide ranging impact on India’s national target of 500 gigawatts (GW) of installed renewable capacity by […] Read more
Danish Fund IFU To Invest $34 Million Into Cleanmax Updated On Tue, Dec 21st, 2021 by Saurenergy In yet more funding news, The Danish Investment Fund for Developing Countries (IFU) is investing USD 34 million (Rs 260 cr approx.) in CleanMax, which has an aggregated capacity of 750+ MW of installed solar and wind-solar hybrid power. Cleanmax, founded in 20211, has been an early mover in the commercial and industrial segment, and […] Read more
Norwegian Mfr FREYR Bags Off-take Deal to Deliver 31GWh Battery Cells in 5 Yrs Updated On Mon, Dec 20th, 2021 by Saurenergy Norwegian clean energy storage developer FREYR Battery has executed its inaugural off-take agreement for at least 31 GWh of low-carbon battery cells with an undisclosed manufacturer and provider of energy storage systems (ESS), said an official statement recently. The two companies have agreed to jointly develop innovative technology solutions for the fast-growing global ESS market […] Read more
UP is at a Crossroads in its Electricity Transition: IEEFA-Ember Report Updated On Mon, Dec 20th, 2021 by Saurenergy Uttar Pradesh (UP) has fallen behind other power-intensive Indian states in terms of delivering on renewable capacity targets due to several delays, inducing anxiety in electricity developers. A new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and energy think tank Ember says urgent action is needed to get back on […] Read more
MG Motor, Fortum Deploy 50 kW Superfast EV Charging Station in Gujarat Updated On Mon, Dec 20th, 2021 by Saurenergy MG Motor India and Fortum Charge & Drive India have deployed a 50 kW superfast public EV charging station in Surat, Gujarat, said an official statement. Surat is India’s largest textile hub and one of the 100 cities chosen by the central government to be developed as a ‘Smart City’. MG Motor has already announced […] Read more
Senior Manager – Module Production Updated On Fri, Dec 17th, 2021 by Saurenergy Incumbent shall be responsible for production targets of Module plant & various developmental activities in module lines, in addition to shop floor control, to increase production throughput and Yield parameters. Role & Responsibilities:- Responsible for Proper Manpower handling for Production line. Handling of Entire Production Line of GW scale Ensuring day wise & shift wise […] Read more
Danish JV for Green Conversion of Coal-fired Plants Updated On Fri, Dec 17th, 2021 by Saurenergy Cleantech developer Aalborg CSP will supply its header-coil heat exchanger for steam generation and molten salt circulation system for the Kyoto Group project for a thermal energy storage to be established at Aalborg Forsyning’s green test center at the Danish city of Aalborg. Electricity from, say, wind turbines, will be stored in a modular storage […] Read more
In Blow To Power Reforms, Key Provisions In Draft Electricity Bill (amendment) 2021, Dropped Updated On Thu, Dec 16th, 2021 by Saurenergy The Draft electricity amendment bill (2021), whose withdrawal was one of the demands of the agitating farmers, has gone through some major changes after ‘feedback’ from ‘stakeholders’. And it is clear who has been winning the arguments, if one goes through the (dropped) changes that have been shared by the sources in the Power Ministry. […] Read more
Global Installed Wind Power Capacity to Grow at 9% Annually till 2030 Updated On Wed, Dec 15th, 2021 by Saurenergy Global wind power capacity is expected to grow at a cumulative annualised growth rate (CAGR) of 9% between 2021 and 2030, according to a new report by Wood Mackenzie, a Verisk business. By the end of the decade, cumulative global wind power capacity is projected to hit over 1,756 gigawatts (GW). Wood Mackenzie’s Q4 forecast […] Read more
