US Buckles Under Industry Pressure, Suspends Tariff Threat On SE Asia Solar Imports For Two Years Updated On Wed, Jun 8th, 2022 by Saurenergy The White House said on Monday(06/06/2022) that tariffs on solar panel imports from four Southeast Asian countries would be suspended for two years as part of measures to address “the urgent challenge of a changing climate” — but left China out of the deal. SaurEnergy had reported on the probability of the decision earlier on […] Read more
US Launches $8 Billion Regional Clean Hydrogen Hub Programme Updated On Wed, Jun 8th, 2022 by Saurenergy The US Department of Energy (DOE) has announced through a Notice of Intent (NOI) that it will fund the Bipartisan Infrastructure Law’s $8 billion program to develop regional clean hydrogen hubs (H2Hubs) across America. According to the official statement of the department, H2Hubs will create networks of hydrogen producers, consumers, and local connective infrastructure to […] Read more
Despite Positive Results, Renewable Energy In Australia Faces Local Challenges Updated On Wed, Jun 8th, 2022 by Saurenergy Community protests are delaying Australia’s efforts to rebuild its overburdened electricity infrastructure, potentially delaying investments in wind and solar farms (Renewable Energy) that would be needed to replace retiring coal-fired power generation over the next 25 years. The continent sized country has long been blamed for going too slow on renewable additions, besides its high […] Read more
ACME Group Makes Rs 50,000 cr For Green Hydrogen Production in Karnataka Updated On Wed, Jun 8th, 2022 by Saurenergy Gurugram-based ACME Cleantech Solutions Private Limited has announced that it has signed a Memorandum of Understanding (MoU) with the state government of Karnataka where it has proposed the setting up of a sizeable green hydrogen and ammonia plant. ACME’s plan envisages that it will be investing Rs 51,865 crore ($6.7 billion) in Karnataka within five […] Read more
Horisont Energi Signs MoU with Lhyfe to Use Renewable Green Hydrogen Updated On Tue, Jun 7th, 2022 by Saurenergy Norway-based Horisont Energi has signed an MoU with Lhyfe to use renewable green hydrogen produced by Lhyfe to provide its ammonia plants in Europe. In response to the increasing demand for ammonia in Europe, the company has also signed a memorandum of understanding with the port of Rotterdam to set up a corridor for transport […] Read more
IEX Power Market Update for May – 80% Growth For Green Market Updated On Tue, Jun 7th, 2022 by Saurenergy In its May 2022 update, India’s premier energy exchange IEX (Indian Energy Exchange) informs that it 7596 MU of electricity volume in May’22 comprising 6680 MU in the conventional power market, 642 MU in the green power market, and 275 MU (2.75 lac Certificates) in the REC Market, registering 16% YoY growth across all the […] Read more
Rules For Green Energy Access Notified, Focus On Speed and Uniformity Updated On Tue, Jun 7th, 2022 by Saurenergy The Ministry of Power at the centre has notified the Electricity (Promoting Renewable Energy Through Green Energy Open Access) Rules, 2022 for purchase and consumption of green energy including the energy from Waste-to-Energy plants. The rules are expected to streamline and enable the uptake of more green energy by firms, with a cut off of […] Read more
Energy Storage To Keep Pace With RE Installation In India – Fitch Ratings Updated On Tue, Jun 7th, 2022 by Saurenergy The success of renewable energy in any market largely depends on the energy storage capacity given the intermittency nature of it. The credit rating agency, Fitch Ratings, has said in its new report that power storage demand in India will expand at a rapid pace to stabilise the increasing variability on both the power supply […] Read more
