India’s Aluminium Industry Needs USD 29 Bn CAPEX To Go Net-Zero: CEEW Updated On Wed, May 1st, 2024 by Saurenergy The Indian aluminum industry requires an additional capital expenditure (CAPEX) of nearly Rs 2.2 lakh crore (USD 29 billion) to achieve net zero carbon emissions, according to Council on Energy, Environment and Water (CEEW) study. CEEW in its recent report found that renewable energy (RE) power sources could abate 49 percent of the total emissions […] Read more
Neoen To Build Stage 2 of 341MW/1363 MWh Collie Battery In Australia Updated On Mon, Apr 29th, 2024 by Saurenergy French Renewable Energy company Neoen has been awarded a 300 MW/ 4-hour capacity services contract by the Australian Energy Market Operator (AEMO) in a competitive tender initiated by the Western Australian Coordinator of Energy. The service will be delivered by Stage 2 of Collie Battery sized at 341 MW / 1,363 MWh and consisting of […] Read more
India Sees Steepest Rise Of Solar, Coal Follows The Race Updated On Mon, Apr 29th, 2024 by Saurenergy Renewable energy capacities in India especially solar seem to have received an impetus in the first quarter of 2024 (January-March). As per the analysis of the International Energy Economics and Financial Analysis (IEEFA) the highest additions of new capacities of fuels in India were seen from the solar sector, followed by coal projects. IEEFA in […] Read more
Senior Electrical Engineer_Renewable Updated On Fri, Apr 26th, 2024 by Saurenergy Responsibilities will be mainly to assess the renewable energy investment (solar, wind, hybrid etc.) – technically and commercially and provide required guidance that will enable the companies to take strategic decisions. Basic and Detail Engineering PV plants, Pooling substations and Transmission lines up to 400kV level. Understanding of policy and regulatory framework for deployment of […] Read more
IEA Forecasts 40% Drop In Battery Storage Costs By 2030 Updated On Fri, Apr 26th, 2024 by Saurenergy International Energy Agency’s (IEA) recent report on the use of batteries in electric vehicles (EVs) and battery storage installations has shown that developer costs of batteries will decline by 40% by 2030. The report was prepared after studying the use of solar PV plus batteries and found the total upfront costs of utility-scale battery storage […] Read more
News In Brief- Shree Cement, Godawari Motors, Azerbaijan Solar Auction, US New Transmission Rule Updated On Fri, Apr 26th, 2024 by Saurenergy Shree Cement joins RE100 With Commitment to transition To 100% Renewable Electricity by 2050 Shree Cement, one of India’s largest cement producers with an installed capacity of over 56 MTPA, proudly announces its membership in the esteemed RE100 initiative, a global initiative led by Climate Group, advocating for businesses to convert to 100 percent renewable […] Read more
KPI Green Delivers Stellar Q4 and full year Results, 1.23 GW project Pipeline Updated On Fri, Apr 26th, 2024 by Saurenergy Surat-based Solar EPC firm KPI Green Energy has come out with a strong set of Q4 results. Total revenues came in at Rs 293 crores during the quarter, a 59% increase over the corresponding quarter in Fy23. Net profit rose Rs 43 crores, up 36% over the same quarter last year. For the full year, […] Read more
China RE Installations To Grow 5 Times By 2050 With 5 TW Solar Capacity, Finds Study Updated On Thu, Apr 25th, 2024 by Saurenergy A recent report by Norwegian analyst DNV has shown that China will have more than quintuple renewable energy installations by 2050. Energy Transition Outlook China 2024 (ETO) report states that in the coming years, the Chinese energy mix will shift rapidly from one dominated by fossil fuels to one where renewable power plays a key […] Read more
CERC Allows Fortum Subsidiary To Retain Connectivity For 300 MW Karnataka Project Updated On Thu, Apr 25th, 2024 by Saurenergy In an interesting order earlier this week, the Central Electricity Regulatory Commission allowed SolarOne Energy Private Limited, a subsidiary of Finnish major Fortum, to retain 300 MW connectivity it had been allotted from the Central Transmission Utility of India Limited (CTUIL). The issue arose after CTUIL moved to cancel connectivity citing failure to sign PPA […] Read more
