India Attains COP21 Goal: 40% Pwr Gen Capacity Now Non-Fossil Based Updated On Fri, Dec 3rd, 2021 by Saurenergy India has achieved the target of 40% of its installed electricity generation capacity being from non-fossil energy sources, an official statement said on Thursday. At the end of October this year, the Ministry of Power (MoP) reiterated India’s commitment to achieve more than 40 percent cumulative electric power installed capacity from non-fossil-fuel energy resources by […] Read more
Canadian BIPV Maker Mitrex Releases 800W Solar Panel Updated On Fri, Dec 3rd, 2021 by Saurenergy Mitrex Integrated Solar Technology, a Canadian building integrated photovoltaics manufacturer, has released its largest tandem solar panel with a total power output of up to 800W. The panels are made in Canada using monocrystalline silicon solar cells and are equipped with Mitrex’s patented anti-reflecting technology which is said to optimize electricity generation. The Mitrex solar […] Read more
ONGC, SECI to Jointly Develop Renewable Projects Updated On Fri, Dec 3rd, 2021 by Saurenergy To realize its green energy objectives, Oil and Natural Gas Corporation Ltd (ONGC) has signed a Memorandum of Understanding (MoU) with Solar Energy Corporation of India (SECI), an official statement said. The MoU provides a broad, overarching framework for the two national energy companies to collaborate on renewable energy projects including solar, wind, solar parks, […] Read more
HUL Ends Coal Usage; Shifts to Green Fuel like Biomass, Biodiesel Updated On Fri, Dec 3rd, 2021 by Saurenergy Consumer goods giant Hindustan Unilever Limited (HUL) has eliminated coal usage across its operations, replacing it with green alternatives such as biomass and biodiesel, an official statement said. The company has collaborated with biomass suppliers, and local farmers to ensure a sustainable supply of green fuel and made the necessary changes for the renewable transition […] Read more
French Firm Newheat Raises €7 M for Renewable Heat Development Updated On Fri, Dec 3rd, 2021 by Saurenergy French renewable heat supplier Newheat has announced the completion of a €7 million fundraising to support its development of renewable heat in France and internationally. Under this fundraising, Bpifrance bank is investing via its FIEE fund dedicated to energy and environment, alongside Newheat’s main original shareholders Noria and Etchart. Newheat offers decarbonization solutions for large […] Read more
L&T, ReNew Partner to focus on Green H2 Biz in India Updated On Thu, Dec 2nd, 2021 by Saurenergy Indian engineering conglomerate Larsen & Toubro (L&T) and green energy company ReNew Power (ReNew) are partnering to jointly develop, own, execute and operate green hydrogen projects in India. S N Subrahmanyan, CEO & MD of Larsen & Toubro, said, “This partnership with ReNew is a significant milestone in the journey towards building a green energy […] Read more
Ørsted Signs 12-Year Offshore Wind CPPA with Google Updated On Thu, Dec 2nd, 2021 by Saurenergy Ørsted, the largest energy company in Denmark, has signed a 12-year corporate power purchase agreement (CPPA) with Google, under which the IT giant will off take 50 MW of Ørsted’s planned 900 MW Borkum Riffgrund 3 Offshore Wind Farm in the German North Sea. Rasmus Errboe, Head of Region Continental Europe at Ørsted, said, “We commend […] Read more
Removing All Subsidies on Solar Will Have Zero Impact On Demand Updated On Thu, Dec 2nd, 2021 by Saurenergy After years in the solar EPC and distribution business, Deepak Pandey of GPES has made his next big move. As Director of UK-based INVERGY, Mr. Pandey has set his sight on the emerging market for storage and linked solutions, which hold great promise in his view. We caught up with him to understand more about […] Read more
ReNew Power Achieves “Low Risk” on ESG Risk Ratings Updated On Thu, Dec 2nd, 2021 by Saurenergy RE independent power producer ReNew Energy Global has been ranked among the top 10 renewable power companies in the world on ESG Risk Ratings. ReNew has been rated as a ‘low risk’ company after a rigorous and thorough assessment process of its environmental, social and governance (ESG) risk exposure, management systems and performance, states the company. Of the […] Read more