JSW Receives LOA For 700 MW ISTS-Connected Project From SJVN Updated On Tue, Feb 27th, 2024 by Saurenergy JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has received Letter of Award (LoA) for ISTS-connected solar capacity of 700 MW from SJVN Limited, against Tariff based Competitive Bid (TBCB) invited for setting up of 1,500 MW ISTS-connected solar power projects. Following the award of 700 MW capacity from SJVN Ltd, […] Read more
US Energy Dept Issues Letter Of Intent For Funding CSP Deployment Updated On Tue, Feb 27th, 2024 by Saurenergy US department of energy (DOE) recently shared its intention to fund solar concentrator project with a potential funding of upto $30 million for research, development. The Solar Energy Technologies Office (SETO) made a fund opportunity announcement (FOA) in its notification for “Concentrating Solar Flux to Heat and Power.” The letter mentioned, “This project is estimated to […] Read more
ONGC, NTPC Green Energy In Tie-Up For Offshore Wind Updated On Thu, Feb 8th, 2024 by Saurenergy Oil and Natural Gas Corporation (ONGC) and National Thermal Power Corporation Green Energy Limited (NGEL) have signed a Joint Venture Agreement (JVA) to focus on offshore wind energy projects. The development was widely expected considering the push into offshore wind, and ONGC’s own experience with the domain relatively among energy majors. The agreement was signed […] Read more
Stanford Study Develops Battery-Hydrogen Combo For Reliable Grids Updated On Wed, Feb 7th, 2024 by Saurenergy A recent study by Stanford University demonstrated that combining battery storage with hydrogen fuel cells can ensure low-cost reliability. In the study Stanford engineering professor Mark Z. Jacobson, he used a computer modelling system to bust the myth, he said, “The fossil fuels – rather than a combination of renewables, battery storage, and hydrogen fuel […] Read more
Re-strategizing To Meet The Growing Demand For Power Updated On Mon, Feb 5th, 2024 by Saurenergy Few sectors, if any, today pose as many challenges or hold as many opportunities as India’s power sector. It has witnessed developments and disruptions in recent years, and while the long-term goal posts remain largely steady, we might have to move sideways towards them instead of headlong. India’s power demand grew at an unprecedented 9% […] Read more
Yearly Review: India Added More Coal Power Than Wind In 2023 Updated On Mon, Feb 5th, 2024 by Saurenergy The latest analysis of the government’s monthly capacity addition reports revealed that India added more coal power than wind energy in the calendar year 2023. A comparison of the monthly installed capacity reports of the Central Electricity Authority (CEA) by Saur Energy revealed that India added 4 Gigawatt (GW) of net coal power in 2023. […] Read more
Tamil Nadu Forms New Green Company TNGECL From TEDA And Tangedco Updated On Mon, Feb 5th, 2024 by Saurenergy In a bid to push for green energy generation in the state, the Tamil Nadu government has formed the Tamil Nadu Green Energy Corporation Limited (TNGECL). The corporation was formed by separating the renewable energy department of Tamil Nadu Generation and Distribution Corporation (Tangedco) and merging it with the Tamil Nadu Energy Development Agency (TEDA) […] Read more
Global Clean Energy Investment Jumps 17%, Hits $1.8 Trillion: BloombergNEF Updated On Thu, Feb 1st, 2024 by Saurenergy The latest report on Energy Transition published by energy think tank BloombergNEF said that the global investment in the low-carbon energy transition surged 17% in 2023, reaching $1.77 trillion. The report titled, ‘Energy Transition Investment Trends 2024 ‘, said that this number is a new record level of annual investment and demonstrates the resilience of […] Read more
NTPC, NRL Partner To Setup Green Energy Projects In North East Updated On Thu, Feb 1st, 2024 by Saurenergy National Thermal Power Corporation (NTPC) limited has signed a memorandum of understanding (MoU) with Numaligarh Refinery Limited (NRL), a subsidiary of Oil India Ltd. NRL is engaged in the business of Refining and Marketing of petroleum products. The MoU covers partnership opportunities in the proposed bamboo-based bio-refinery at NTPC Bongaigaon and other green energy projects. […] Read more