IREDA, PNB Collaborate To Co-Finance Green Energy Projects In India Updated On Mon, Feb 19th, 2024 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) and Punjab National Bank (PNB) have joined hands through the signing of a Memorandum of Understanding (MoU). This collaboration aimed at advancing renewable energy initiatives across the nation. The agreement, signed at IREDA’s registered office in New Delhi today, paves the way for joint efforts in co-lending and […] Read more
Biden-Harris Administration Invests $60 Mn To Expand Renewable Energy Updated On Wed, Feb 14th, 2024 by Saurenergy United States (US) Department of Energy (DOE) announced the selection of three projects for which it claimed to receive up to $60 million. This project is undertaken to demonstrate the efficacy and scalability of enhanced geothermal systems (EGS). It was funded by DOE’s Geothermal Technologies Office in the Office of Energy Efficiency and Renewable Energy. […] Read more
US Households With Heat Pumps Witness 62% Drop Energy Bills: NREL Updated On Tue, Feb 13th, 2024 by Saurenergy NREL is a national laboratory of the US Department of Energy (DOE) for renewable energy and energy efficiency research development, operated for DOE and funded by the Department of energy’s Building Technologies Office. In its latest research, NREL shared research on the benefit of heat pumps for households. The research was co-authored by Prateek Munankarmi, […] 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
Associate – Energy Updated On Tue, Feb 6th, 2024 by Saurenergy We are looking for Lead or Energy tean in Bengaluru/ Noida location The candidate should have knowledge in both primary & secondary detailed engineering of EHV substations and subject matter expert at least one of them. Candidate expertise in detailed design of electrical substation facilities including Single Line Diagram, Protection Single Line diagram, General Arrangement layout, […] Read more
India’s Renewable Energy Capacity To Reach 54% By 2047: NREL Updated On Mon, Jan 29th, 2024 by Saurenergy A recent report by the United States (US)-based organization National Renewable Energy Laboratory (NREL) anticipated an increase in the share of renewable energy (RE) generation from wind and solar in India to reach 54 percent by 2047. The NREL report evaluated, “In the base scenario, investments in battery storage are economic in 2030 is expected […] Read more
Rystad Energy Forecasts Solar, Wind Markets To Add More Than 900 Tw-Hr In 2024 Updated On Wed, Jan 24th, 2024 by Saurenergy Rystad Energy, a research company recently shared some key aspects that can shape the energy sector in 2024. Renewable energy capacity expanded rapidly, keeping up with global power demand growth for the first time. It forecasted in 2023, “Solar PV needed to grow by 220 gigawatts (GW) in 2023 to track the 1.6 DG scenario […] Read more
IREDA Signs MoU with IOB For Co-lending For Renewable Energy Projects Updated On Thu, Jan 18th, 2024 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA), a non-banking financial institution under the Ministry of New and Renewable Energy (MNRE), has signed a Memorandum of Understanding (MoU) with Indian Overseas Bank (IOB) pertaining to co-lending and loan syndication for a diverse spectrum of renewable energy projects across the country. The MoU includes provisions for co-lending […] Read more
No Decision On Rajasthan Discom’s Plea To Levy Green Energy Tariff Updated On Fri, Jan 12th, 2024 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) in its latest order declined to give an immediate relief to the discoms of Rajasthan in the matter of levying Green Energy tariffs. Earlier, the Jaipur Vidyut Vitran Nigam Limited (JVVNL) moved a petition on behalf of other major discoms in the state. This included petitions from the Ajmer […] Read more
