BP to take 40% stake in AREH – The $36 billion Green Hydrogen Focused Project In Australia Updated On Thu, Jun 16th, 2022 by Saurenergy Energy major BP has announced that it will acquire a 40.5 per cent equity stake in the Asian Renewable Energy Hub (AREH) to become operator of it. BP said that AREH has the potential to be one of the largest renewables and green hydrogen hubs in the world. AREH is located in the Pilbara region […] Read more
GE Finance takes 49% Stake In Continuum Wind Energy Project In Gujarat Updated On Thu, Jun 16th, 2022 by Saurenergy General Electric has declared that it has acquired a 49% stake in the Morjar wind energy project in Gujarat. The official statement says that GE Energy Financial Services and Continuum Green Energy (India) closed the financial deal of GE Energy Financial Services’ acquisition in the Continuum’s developed wind project. Morjar is an onshore wind energy […] Read more
Solar And Wind Energy Potential Of India May Face Climate Challenge, Finds IITM Study Updated On Tue, Jun 14th, 2022 by Saurenergy An analysis published in the Current Science journal reveals that India might fall short of its renewable energy target. And yes, its not the 2022 target of 175 GW, which is certain miss at this stage. The Indian Institute of Tropical Meteorology (IITM), Pune scientists and researchers at Center for Prototype Climate Modeling, New York […] Read more
Ayana To Invest Rs 12000cr for 2 GW RE Projects in Karnataka Updated On Thu, Jun 9th, 2022 by Saurenergy Ayana Renewable Power Pvt Ltd (Ayana) is expanding its green energy business in Karnataka as the company announced that it will set-up renewable energy projects totaling 2 gigawatts (GW) with an investment of Rs 12,000 crore. The official statement of Ayana said that the company has signed an expression of interest with the government of […] Read more
Masdar To Develop 4 GW of Renewable Projects In Azerbaijan Updated On Tue, Jun 7th, 2022 by Saurenergy Adding to its international expansion, the UAE based leading renewable energy developer Masdar has announced that it has signed ‘implementation agreements’ with the Government of Azerbaijan to develop clean and renewable energy projects in the country with a combined confirmed capacity of 4,000 MW. Masdar will also have the right to develop an additional 6,000 […] Read more
Tamil Nadu Generating, Evacuating And Selling Record Wind Energy – says IWPA Updated On Mon, Jun 6th, 2022 by Saurenergy Tamil Nadu is generating and selling wind power which is promoting the cause of renewables. K. Kasthurirangaian, chairman of Indian Wind Power Association (IWPA), has said that Tamil Nadu Transmission Corporation (Tantransco) is doing a good job of evacuating maximum wind energy and the organization should continue the heightened evacuation of wind energy in future […] Read more
Engie, Google Cloud To Seek More Efficient Wind Energy Through AI Based Solutions Updated On Fri, Jun 3rd, 2022 by Saurenergy In a fresh development French utility Engie has signed a partnership with Google Cloud for the development of an Artificial Intelligence (AI) based energy solution to optimize the value of wind portfolio of Engie on the short term power markets. As per the official statement, Engie and Google Cloud’s AI Services and Industry Solutions (AIIS) […] Read more
ReNew Power Announces Adding 700 MW; Portfolio Jumps to 12.8 GW Updated On Fri, Jun 3rd, 2022 by Saurenergy Renewably energy player ReNew Power has announced that it has signed definitive agreements to acquire an operating wind and solar portfolio of about 528 MW. The green power capacity comprises 471 MW of wind and 56 MW of solar assets. ReNew Power has also signed a power purchase agreement (PPA) with Maharashtra’s MSEDCL for a […] Read more
Fresh Highs In Renewable Power Generation Supported India During Coal Crisis Updated On Thu, Jun 2nd, 2022 by Saurenergy As India faced the worst power cuts in the last six years in April, 2022, the data released by the Central Government shows that there was record renewable energy production in the country which reduced the dependence on the coal and also helped the rise in the coal inventories. This happened even when there was […] Read more
