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
Amara Raja To Set Up Green Hydrogen Fueling Station In Leh for NTPC Updated On Wed, Jun 15th, 2022 by Saurenergy Amara Raja Power Systems has announced that the company has received an order from the state owned National Thermal Power Corporation (NTPC) for the development of the first green hydrogen fuelling station on the heights of Leh in Ladakh region. Amara Raja Power Systems is a part of the $1.3 billion strong Amara Raja Group. […] Read more
Record US $14.5 b Investment In Indian RE In Last FY Updated On Mon, Jun 13th, 2022 by Saurenergy A record US$14.5 billion was invested in renewable energy In India during the last financial year (FY2021-22) registering an increase of 125% compared to FY2020-21. However, that number still needs to be higher to meet the new demands of the renewable capacity target of 500GW by 2030. 15.5 gigawatts (GW) of renewable energy capacity was […] Read more
ACME Group Makes Rs 50,000 cr For Green Hydrogen Production in Karnataka Updated On Wed, Jun 8th, 2022 by Saurenergy Gurugram-based ACME Cleantech Solutions Private Limited has announced that it has signed a Memorandum of Understanding (MoU) with the state government of Karnataka where it has proposed the setting up of a sizeable green hydrogen and ammonia plant. ACME’s plan envisages that it will be investing Rs 51,865 crore ($6.7 billion) in Karnataka within five […] Read more
RE Success Could Have Prevented Frequent Power Cuts In AP Updated On Mon, Jun 6th, 2022 by Saurenergy Andhra Pradesh could have averted the power crisis over the last few months had it met its renewable energy targets. This was the finding of a report from Climate Risks Horizons, a Bengaluru based Thinktank. AP experienced more power cuts than other states in India facing a power crisis. According to the report from Climate […] Read more
Focus On Policy Reforms At RenewX Hyderabad This Year Updated On Mon, Jun 6th, 2022 by Saurenergy As the 6thedition of RenewX, a two-day Renewable Energy trade expo scheduled on June 10 and 11, 2022 at the Hitex, Hyderabad comes around, for organiser Informa Markets, it’s time to put the spotlight on policy reforms. Seen as the biggest renewable energy event in South India, RenewX 2022 expo and conference will convene business, policy and finance experts from across […] Read more
South India’s Second Big Renewable Push Starts Now Updated On Mon, May 30th, 2022 by Saurenergy Introduction Back in 2014-15, when the new government of Prime Minister Modi first took stock, and hiked India’s renewable energy target 5 fold to 175 GW by 2022, a number of assumptions were made. From the share of solar (100 GW), to the share of rooftop solar within that (40 GW), Wind energy (60 GW) […] Read more
The Top 5: Indian Cement Manufacturers & Their Efforts Towards Sustainability Updated On Mon, May 30th, 2022 by Saurenergy The Indian Cement industry is the second-largest producer of cement in the world, while the Indian market is also the second-biggest consumer on the planet. The country had over 200 large cement producing plants and more than 360 small ones recording a turnover of around Rs 64,000 Crore in FY-20. With a massive and ongoing […] Read more
Surat Municipal Body Saves Rs 65 Cr, Thanks To Renewable Power Updated On Thu, May 26th, 2022 by Saurenergy Setting up an example as to how renewable energy can help the government to save on its scarce revenue, Surat Municipal Corporation (SMC) in Gujarat has saved Rs 65 crore by the optimal use of solar power. The SMC has solarized as many as 60 of its offices in multiple departments with solar power panels. […] Read more
