IIT-Madras & Denmark Firm Sign Pact for Renewable Energy Updated On Fri, Mar 3rd, 2023 by Saurenergy The Indian Institute of Technology-Madras (IIT-Madras) has signed a pact with Denmark to conduct research projects on next-generation fuels and energy systems under the ‘Indo-Danish Green Strategic Partnership’. The pact was signed in the presence of Danish Crown Prince Frederik Andre Henrik Christian, Denmark Minister for Climate, Energy and Utilities Lars Aagaard, and Tamil Nadu […] Read more
RWE, Northland Power Select Vestas for 1.6 GW Offshore Wind Cluster Updated On Wed, Mar 1st, 2023 by Saurenergy Global wind energy developers RWE and Northland Power have announced that they are making significant progress on the deployment of their Nordseecluster. The companies have selected Vestas as the preferred supplier for their up to 1.6-gigawatt (GW) cluster consisting of four offshore wind farm sites in the German North Sea. RWE said that a minimum […] Read more
American DISCOM AEP to Sell Over 1.3 GW of Renewable Portfolio Updated On Thu, Feb 23rd, 2023 by Saurenergy Just as America is expanding the renewable power to spearhead the global drive to combat climate change, Columbus based American Electric Power (AEP) has entered into an agreement to sell its 1,365-megawatt (MW) unregulated, contracted renewables portfolio to IRG Acquisition Holdings at an enterprise value of $1.5 billion including project debt. IRG Acquisition Holdings is […] Read more
EU Saved €12 Billion Due to Wind & Solar Expansion Due to Ukraine-Russia Conflict: Ember Report Updated On Wed, Feb 22nd, 2023 by Saurenergy The conflict between Russia and Ukraine that continues for a year now has proved to be a ‘blessing in disguise’ for the European Union with regards to renewables. An analysis by Ember – an energy think tank – has revealed that the European Union has saved more than EUR 12 million through a switch from […] Read more
IberBlue to Build 990 MW Floating Offshore Wind Project in Portugal Updated On Tue, Feb 21st, 2023 by Saurenergy IberBlue Wind, which delves into the design, development and management of floating offshore wind farms that will operate in the Iberian market, has announced its first project for Portugal, which is a floating offshore wind farm off the coast of Figueira da Foz. The project will be called Botafogo. The floating offshore the wind farm […] Read more
MoP Proposes New Guidelines to Facilitate Pumped Storage Hydro Projects Updated On Mon, Feb 20th, 2023 by Saurenergy In a bid to give an impetus to India’s pumped storage hydro power projects, the Ministry of Power has come up with a proposal that seeks to provide multiple incentives entailing tax breaks. It has also set sights on facilitating the process of environment clearance by making it easier. Land may also be made cheaper. […] Read more
Totalenergies, Corio Collaborate for Offshore Wind in Taiwan Updated On Mon, Feb 20th, 2023 by Saurenergy Global renewable energy firms TotalEnergies and Corio Generation have signed a joint venture partnership to develop the Formosa 3 offshore windfarms in Taiwan. Under this agreement, the UK-headquartered Corio will remain the majority shareholder and lead developer with 50% plus 10 shares overall in project. The announcement comes after Taiwan’s Bureau of Energy confirmed in […] Read more
ANERT Seeks Floating Offshore Wind For Kerala Updated On Mon, Feb 20th, 2023 by Saurenergy Kerala is on the spree to find offshore wind energy possibilities in the state to step up the renewable energy expansion. In a key development the, state’s Agency for New and Renewable Energy Research and Technology (ANERT) has signed an agreement with the Norwegian renewable energy firm World Wide Wind for exploring options to find […] Read more
India’s Renewable Energy Installation Stands at 168 GW, Coal-Based Power Grows 536 MW in a Year Updated On Thu, Feb 16th, 2023 by Saurenergy Central Electricity Authority has revealed in its installed electricity capacity report that the renewable energy capacity of the country has crossed 168 GW but the speed of the RE expansion doesn’t give out a comfortable picture considering India’s 2030 targets. The RE installed capacity of India as on January 31, 2023 stands at 168,399 MW. […] Read more
