Japanese Firm to Build World’s 1st Power Transfer Vessel Updated On Fri, Aug 27th, 2021 by Saurenergy PowerX, a Japanese company, plans to innovate power storage and transmission by developing an automated Power Transfer Vessel to carry electricity from offshore wind farms to shore. The very first model of such vessels is “Power ARK 100” – a 100TEU trimaran specially designed for transferring renewable energy in Japan’s coastal waters. The company also […] Read more
Green Group Files Climate Lawsuit Against Australian Gas Major Santos Updated On Fri, Aug 27th, 2021 by Saurenergy In a landmark move, green group Australasian Centre for Corporate Responsibility (ACCR) is suing oil and gas major Santos Ltd, challenging the company’s claims that natural gas provides “clean energy” and that it has a “credible and clear plan” to achieve “net zero” emissions by 2040 in the Federal Court of Australia. This is the first […] Read more
China Surpasses Germany to Claim #2 in Offshore Wind Rankings Updated On Fri, Aug 27th, 2021 by Saurenergy China has overtaken Germany as the world’s second largest offshore wind market with 7.9 GW of operational capacity, shows a new Global Offshore Wind report. The World Forum Offshore Wind’s first semi-annual report for 2021 also finds that global offshore wind installations reached 34,137 MW at the end of June. This demonstrates a slowdown in […] Read more
US Battery Storage Facilities Set Capacity Records: IHS Markit Updated On Fri, Aug 27th, 2021 by Saurenergy Utilities in the US are poised to leapfrog each other in the race to have the largest installation in the country and the world, as a California facility was expanded this month, but a Florida utility will soon finish an even bigger project, writes Kevin Adler, Editor, Climate & Sustainability Group, IHS Markit, in a timely […] Read more
Denmark Invites Bids for Third Technology-neutral Tender Updated On Fri, Aug 27th, 2021 by Saurenergy The Danish Energy Agency (DEA) has invited bids for a technology-neutral tender, where solar cell systems, wind turbines, wave energy plants and hydropower plants can compete for support. This is the third such tender launched by Denmark and will back around 428 MW of renewable energy projects using DKK 1.2 billion ($189.5 million) in state funds. The […] Read more
Siemens Energy to Build Green H2 Industry in Egypt Updated On Fri, Aug 27th, 2021 by Saurenergy German company Siemens Energy has signed a Memorandum of Understanding with the Egyptian Electricity Holding Company to jointly develop hydrogen-based industry in Egypt with export capability. The agreement was signed by Christian Bruch, President and CEO of Siemens Energy, and Gaber El- Dessouki, Chairman of the Board of Directors of the Egyptian Electricity Holding Company […] Read more
MoP Launches Regulatory Compliance Division to Monitor Discoms Updated On Fri, Aug 27th, 2021 by Saurenergy The Ministry of Power (MoP) has set up a regulatory compliance division to monitor the various regulatory parameters and their compliances by the DISCOMS (distribution companies) as well as state commissions. The information was revealed in a recent interaction between Union Minister of Power and New & Renewable Energy RK Singh and electricity regulators. The […] Read more
India Added 2,110 MW Solar Power Capacity in Q2 ’21: BRIDGE TO INDIA Updated On Thu, Aug 26th, 2021 by Saurenergy India added 2,110 MW solar power capacity in Q2 2021, according to the the Q2 2021 edition of its “India Solar Compass” report that was recently released by BRIDGE TO INDIA. The report provides a detailed quarterly update of all key sector trends and developments – capacity addition, leading players, tender and policy issuance, equipment […] Read more
India’s Emissions Have Dropped by 28% from 2005 Levels: R K Singh Updated On Thu, Aug 26th, 2021 by Saurenergy India has already achieved emission reduction of 28% over 2005 levels, against the target of 35% by 2030 committed in its NDC (Nationally determined contributions), which makes India one of the few countries globally that have kept to their Paris Climate Change (COP21) commitments along with an exponential increase in renewable energy capacity, said Union […] Read more
