Pumped hydro resurfaces when sun doesn’t shine and wind doesn’t blow Updated On Fri, May 6th, 2022 by Saurenergy When the sun doesn’t shine and the wind doesn’t blow, grid-scale energy storage will be a big challenge as climate neutrality increasingly presses for a massive scale-up. Pumped hydro is back and can catapult India into the big league to make up for the lost opportunities. Not just that, as we are seeing during the […] Read more
Denmark to build energy islands for greater supply of renewable energy Updated On Thu, May 5th, 2022 by Saurenergy Denmark is mulling to build two energy islands that can supply renewable energy produced offshore sources to the domestic market of Denmark and other countries of Europe. Minister of Climate, Energy, and Utilities of Denmark, Dan Jorgensen has recently said that Denmark and the rest of Europe must get rid of Russian fossil and for […] Read more
After Solar, Volatility Impacts Wind Manufacturers, Projects Affected in India Too Updated On Mon, May 2nd, 2022 by Saurenergy Rising demand and orders have failed to convert to profits for many wind energy manufacturing firms. Wind power heavyweights Vestas Wind Systems A/S, General Electric Co. and Siemens Gamesa Renewable Energy SA are all reeling from high raw material and logistics costs, changes in key clean-power subsidies, years of pressure on turbine prices and an […] Read more
Three Norway RE Firms make ‘Hydepoint’ for offshore green hydrogen production Updated On Mon, May 2nd, 2022 by Saurenergy Three major renewable energy players based out of Norway have joined forces to develop a combined offshore wind energy substation and an offshore hydrogen factory in the seas of Norway. Arendals Fossekompani, Kongsberg and Moreld are the collaborating companies who will have equal shares in a new company called ‘Hydepoint.’ The official statement of the three companies reveals […] Read more
Shell Signs Agreement To Acquire Sprng Energy Group For $1.55 Billion Updated On Fri, Apr 29th, 2022 by Saurenergy Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), today signed an agreement with Actis Solenergi Limited (Actis) to acquire 100% of Solenergi Power Private Limited for $1.55 billion and with it, the Sprng Energy group of companies. Sprng Energy supplies solar and wind power to electricity distribution companies in India. Its […] Read more
Envision Energy Gets 2000 MW Wind Turbine Orders in India Updated On Fri, Apr 29th, 2022 by Saurenergy Chinese wind turbines and energy management software provider, Envision Energy has announced that it has been awarded a 2000 MW (2GW) wind turbine order in India. Envision has said that a total of 596 wind turbines, all manufactured in Envision’s India factory, will be delivered by the end of 2023. The official statement of Envision held […] Read more
JERA Collaborates with West Corp. for 1GW Solar Power Production in Japan Updated On Thu, Apr 28th, 2022 by Saurenergy The biggest power company of Japan, JERA and West Holdings Corporation, have reached a final agreement for developing solar power generation projects in Japan of about 1 GW. The official statement of JERA announces that the company has also concluded a share purchase agreement with a shareholder of West HD to acquire approximately 2.3% of […] Read more
TotalEnergies Acquires Core Solar; Raises RE Portfolio by 4GW in USA Updated On Thu, Apr 28th, 2022 by Saurenergy French energy major TotalEnergies has announced that it has acquired Austin, US based Core Solar whose portfolio includes more than 4 GW of utility-scale solar and energy storage projects. These projects are at various stages of development across several U.S. states and power markets. According to TotalEnergies official statement, Core Solar CEO Greg Nelson and […] Read more
Karnataka Can Sign EOIs to Bring Rs. 61,000 cr investments in Renewable Energy Updated On Wed, Apr 27th, 2022 by Saurenergy Karnataka may witness a fresh slew of renewable energy development as the government owned Karnataka Renewable Energy Development Limited (KREDL) may sign 9 Expressions of Interest (EOI) with 9 renewable energy investors. This is expected to be done at Windergy – 2022, a three day conference in New Delhi on currently. The exercise is expected […] Read more