COP26 Commitments Likely to Attract Billions in Investment: ICRA Updated On Thu, Jan 6th, 2022 by Saurenergy The commitments on emission control made by India at the recent Glasgow COP26 summit are expected to benefit the country in the long-term with new technologies in energy efficiency, carbon reduction and green fuels etc, opines ratings agency ICRA in its recent research report. This is likely to attract investment in billions across sectors, predicts […] Read more
Odisha Govt Partners with GAIL to Develop Green Projects Updated On Thu, Jan 6th, 2022 by Saurenergy The Industrial Promotion and Investment Corporation of Odisha Ltd (IPICOL) and Gas Authority of India Ltd (GAIL) on Wednesday signed a Memorandum of Understanding (MoU) for cooperation in the areas of green hydrogen, green ammonia and renewable energy (solar / wind) for the production of eco-friendly fuels in Odisha. Odisha, being a power surplus state, […] Read more
NHPC, GEDCOL to Set Up 500MW Floating Solar Projects in Odisha Updated On Thu, Jan 6th, 2022 by Saurenergy State-owned hydropower giant NHPC on Wednesday said it has signed a pact with Green Energy Development Corporation of Odisha Ltd (GEDCOL) to form a joint venture (JV) for setting up a 500-megawatt (MW) floating solar power projects in Odisha. “Promoters agreement has been signed on January 4, 2022, between NHPC Limited and Green Energy Development […] Read more
Consultancy Tender for 2 GW Solar Park In Rajasthan from RRVUNL Updated On Thu, Jan 6th, 2022 by Saurenergy In a tender issued via a letter dated Dec 29, 2021, the Rajasthan Rajya Vidyut Utpadan Nigam Ltd. (RRVUNL) has released a tender seeking consultants to provide consultancy services for the development of a 2000 MW solar park in Rajasthan’s Bikaner district. The tender also covers the installation of an 810 MW solar project at […] Read more
Mozambique Takes First Step Towards Large Solar With 44 MW Floating Solar Plan Updated On Thu, Jan 6th, 2022 by Saurenergy Mozambique, the 32 million strong South East African country is making its first bid for a floating solar plant. State-owned power company Electricidade de Mocambique (EDM) is seeking a consultancy that will conduct a feasibility study to assess the potential and implications of setting up a floating solar farm at a hydro power reservoir in […] Read more
IEX December Updates- Drop in Green Market, REC Volumes Updated On Thu, Jan 6th, 2022 by Saurenergy The Indian Energy Exchange (IEX) has released its December trade figures. 9035 MU (Million Units) volume was cleared in December’21 (9477 MU in November) comprising 7285 MU in the conventional power market; 365 MU in the green power market and 1385 MU (13.85 lac Certificates) in the REC Market. Overall, the Exchange achieved 24% YoY […] Read more
EU Leaning Towards Controversial Move To Label Gas, Nuclear ‘Green’ Updated On Wed, Jan 5th, 2022 by Saurenergy The European Union has drawn up plans to label some natural gas and nuclear energy projects as “green” investments after a year-long battle between governments over which investments are truly climate-friendly. The decision is widely blamed on the continent’s high dependence on gas, and a controversial decision by key member countries, especially the UK and […] Read more
EV Mfr Greaves e-Mobility to Launch New Products Post Strong Dec Sales Updated On Wed, Jan 5th, 2022 by Saurenergy Major EV manufacturer Greaves Electric Mobility, an arm of Greaves Cotton Ltd, is working on a new set of products, which will include a high-speed electric scooter and an electric three-wheeler cargo vehicle, according to media reports. Two and three-wheelers make about 84 per cent of the Indian last mile mobility segment. With the establishment […] Read more
French Infra Major VINCI Completes Buy of Spanish Energy Firm Cobra IS Updated On Wed, Jan 5th, 2022 by Saurenergy French concessions and construction company VINCI has completed the acquisition of Spanish construction major ACS’s energy business, Cobra IS, following an agreement signed between the two companies in April last year. The move also adds a fresh, stronger player in the EPC end of the global renewables sector in the form of the stronger entity […] Read more
