Adani Green Energy Increases Income but net Profit Drops 82% in Q2 Updated On Fri, Nov 6th, 2020 by Saurenergy Adani Green Energy while reporting a slight increase in its total income has also reported a decline of over 82% in its consolidated net profit for Q2 2020. Adani Green Energy has reported its financial results for the second quarter (Q2) of the financial year after its Board of Directors approved the results. The firm […] Read more
Renewable Energy Solutions can be Backbone of Urban Decarbonization Efforts: Report Updated On Thu, Nov 5th, 2020 by Saurenergy A new report by IRENA and IKI finds that renewable energy solutions can be the backbone of urban decarbonization efforts. A new report by the International Renewable Energy Agency (IRENA) and the International Climate Initiative (IKI) finds that renewable energy solutions can be the backbone of urban decarbonization efforts. The report ‘Rise of renewables in […] Read more
TEXEL signs Agreement with Curtin University to Develop Next-Gen Battery Updated On Wed, Nov 4th, 2020 by Saurenergy Supported by the Australian Department of Industry, Science, Energy and Resources, Curtin University has developed a new battery technology, not only to bring down the cost of energy storage, but also to ensure the technolgy to become more sustainable and environmentally friendly. The technology does not include any rare earth elements and does not consume […] Read more
KPMG & CII Report on Shifting Gears: the Evolving EV landscape in India Updated On Wed, Nov 4th, 2020 by Saurenergy The report provides an understanding of segment wise propensity to transition to EVs by analyzing use cases and Total Cost of Ownership, and estimates the EV penetration by 2025 and 2030. It evaluates the policy framework and the readiness of the enabling ecosystem for EVs i.e. charging infrastructure, ownership models, localization of production, financing, and […] Read more
Electric 2W Penetration Might Reach 35%, e-3W 75% by 2030: Report Updated On Wed, Nov 4th, 2020 by Saurenergy A new report has predicted that electric 2W penetration in India is expected to reach 25-35 percent and that of e-3W at 65-75 percent by 2030. A new report has predicted that electric two-wheeler (2W) penetration in India is expected to reach 25-35 percent and that of e-three-wheelers (3W) at 65-75 percent by 2030. The report highlights […] Read more
Efficient Storage Solutions can Meet Challenges in India’s RE Programme: Prabhu Updated On Wed, Nov 4th, 2020 by Saurenergy Efficient energy storage technology can help meet the challenges in India’s renewable energy (RE) programme, former union minister Suresh Prabhu has said. Efficient energy storage technology and solutions can help meet the challenges in India’s renewable energy (RE) programme, former union minister Suresh Prabhu has said. India has set an ambitious target of having 175 GW of clean energy by 2022 including 100 […] Read more
NextEra Energy, KKR and Partners to Acquire Interest in 1.1 GW Renewables Portfolio Updated On Tue, Nov 3rd, 2020 by Saurenergy NextEra Energy Resources will sell a 90% interest in a 1 GW renewables portfolio and 100% interest in a 100-MW solar-plus-storage project for approximately USD 1.3 billion in total proceeds NextEra Energy has announced that a subsidiary of NextEra Energy Resources has entered into agreements to sell a 90 percent interest in a 1,000 megawatt (MW) portfolio […] Read more
Total Portrays Resilience in Third Quarter Results Updated On Mon, Nov 2nd, 2020 by Saurenergy Total SE’s Board of Directors met on October 29, 2020, under the chairmanship of CEO Patrick Pouyanné to approve the Group’s third quarter 2020 financial statements. On this occasion, Patrick Pouyanné said: “After a second quarter in which the Group faced exceptional circumstances with oil prices falling below $20/b and a very strong slowdown of […] Read more
Tata Power’s DSM Program Saves 6 GWh in Mumbai Distribution in FY20 Updated On Sat, Oct 31st, 2020 by Saurenergy Tata Power’s Demand Side Management (DSM) program in Mumbai is a multi-dimensional, holistic and technology-driven approach with a focus on capacity building of the consumers towards energy management. DSM initiatives have always been unique offerings from the Utility considering that they always work behind the meter i.e. for end-user energy management. The firm started in […] Read more
