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
EU Finally Withdraws From ‘Dated’ Energy Charter Updated On Thu, Apr 25th, 2024 by Saurenergy The European Parliament recently gave its approval to withdraw from European Union (EU) Energy Charter Treaty. This withdrawal was made after receiving recommendation of the Industry, Research, Energy and International Trade committees. This withdrawal was adopted by 594 votes to 7, with 15 abstentions. To complete the process, the parliament gave its consent to the […] Read more
First EOI For GREGY Interconnection Between Greece And Egypt Called Updated On Thu, Apr 25th, 2024 by Saurenergy The GREGY project, or Green interconnector between Greece and Egypt has moved one step ahead with the call forexpression of interest for studies on the project. ELICA Mediterranean Electrical Interconnection S.M. S.A., a member of Copelouzos Group, which is developing the GREGY electrical interconnection project, has published the first two calls for expression of interest […] Read more
Vestas Signs MoU With Maersk For Offshore Wind Turbine In South Korea Updated On Wed, Apr 24th, 2024 by Saurenergy Vestas signed a Memorandum of Understanding with A.P. Moller-Maersk, Jeonnam Province, and Mokpo City, on a plan towards a supply chain investment in Mokpo City in the Jeonnam Province, South Korea. Under the Memorandum Understanding (MoU), the parties will work together to establish a nacelle manufacturing plant and logistical base for offshore wind turbines at […] Read more
Green Stocks-Shakti Pumps Pauses, Waaree Continues To Move Updated On Wed, Apr 24th, 2024 by Saurenergy After the astounding move yesterday, when all the green energy pack stocks moved up, it was a day to consolidate today, with Shakti Pumps taking a pause. Inox Wind continued to fly however, on new order announcements, joining Waaree and KP Green on the upper circuit. The biggest drop was seen in JSW Energy. Mid […] Read more
GameChange Solar Secures 500 MW+ Solar Projects In S. Africa Updated On Wed, Apr 24th, 2024 by Saurenergy GameChange Solar, a global supplier of solar tracking solutions for ground-mounted PV plants, was selected to supply its Genius Tracker™ solar trackers for four new solar projects of over 500 megawatts (MW) in Southern Africa. These projects are strategically positioned to enhance energy supply across the region, supporting the diversification of the energy mix to […] Read more
EV Asset Firm Chargeup To Onboard 25,000 Drivers By 2025 Updated On Wed, Apr 24th, 2024 by Saurenergy Battery financing and full stack EV asset management platform Chargeup has announced its plans to onboard 1 lakh drivers within the next 3 years and extend its reach to 1 million drivers across 30 cities within 5 years. Currently present in 13 cities, Chargeup is set to bolster its network by adding 1500 new partner […] Read more
NHPTL Signs JV Agreement To Infuse Funds To Six Parties Updated On Wed, Apr 24th, 2024 by Saurenergy A recent joint venture (JV) agreement was signed between National High Power Test Laboratory Pvt. Ltd., (NHPTL) viz. National Thermal Power Corporation (NTPC), National Hydroelectric Power Corporation (NHPC), POWERGRID, Damodar Valley Corporation (DVC) and Central Power Research Institute (CPRI) as a revival plan which comprised of equity transactions between shareholders. This agreement was based on […] Read more
Brazil Oil Company Petrobras To Build Solar Power At Its Three Refineries Updated On Wed, Apr 24th, 2024 by Saurenergy Brazilian state-run oil and gas company Petrobras has recently unveiled its plans to boost its sustainable energy portfolio involving the potential installation of 48 megawatts of solar energy capacity across three of its refineries. By leveraging photovoltaic (PV) technology, the company aims to mitigate its carbon footprint while boosting operational efficiency, according to a statement […] Read more