Remove Fossil Fuel Subsidy To Meet 2030 RE Targets: BloombergNEF Updated On Tue, Nov 28th, 2023 by Saurenergy A latest report from BloombergNEF on the issue of global renewable targets claimed that solar is on track for what’s needed to achieve the 2030 target. The report highlighted that the world needs to reduce subsidies in fossil fuels to boost the growth of renewables. This comes at a time when several global leaders are […] Read more
AmpIn Energy Transition to Electrify Eastern India with 600 MW Renewable Energy Updated On Tue, Nov 28th, 2023 by Saurenergy AmpIn Energy Transition, a renewable energy transition platform, is set to make a significant investment of INR 3,100 crores for setting up renewable energy projects of over 600 MW and an integrated manufacturing facility of solar cells and modules. Investments are planned in West Bengal, Bihar, Odisha, Jharkhand, Chhattisgarh and Northeastern states. In the region, […] Read more
HPCL Tender Seeks Developer for 78 MW Renewable Energy Updated On Fri, Nov 24th, 2023 by Saurenergy Hindustan Petroleum Corporation Limited has issued a tender for the supply of 78 MW of renewable energy under long-term open access from projects located anywhere in India. The developer selected in the HPCL tender will be responsible for supplying power to HPCL’s refinery in Mumbai. The last day for the submission of bids for the […] Read more
NYSERDA Awards 402 MW Solar Project to Swift Current Energy Updated On Thu, Nov 23rd, 2023 by Saurenergy New York State Energy Research Development Agency (NYSERDA) has awarded a twenty-year solar contract to Swift Current Energy. The Mineral Basin Solar project conferred upon the Boston-headquartered firm is for a capacity of 402 MW. The Mineral Basin Solar project, which is the largest land-based energy project, has been selected under NYSERDA’s 2022 Renewable Energy […] Read more
EU’s Net Zero Industry Act Set To Boost Technology Production In Europe Updated On Wed, Nov 22nd, 2023 by Saurenergy The European Union, (EU) Parliament, recently adopted legislation to bolster Europe’s manufacturing output in technologies for decarbonisation. The announcement of the “Net-Zero industry act” has sets the target for Europe to produce 40% of its annual deployment needs through net-zero technologies by 2030. The new legislation of the EU is based on National Energy and […] Read more
To Meet Targets, Wind Power Needs To Grow 3 Times By 2030: Report Updated On Wed, Nov 22nd, 2023 by Saurenergy A latest report from EMBER studied global renewable capacity and found that, based on current national targets, it’s set to increase by 7.3 TW by 2030. It anticipates that, based on the current national target, the renewable energy capacity is set to increase by 2.1x until 2030. The report on ‘Tracking National Ambition Towards a […] Read more
Growth Of EV Market Highest In China, EU, Says WRI Report Updated On Tue, Nov 21st, 2023 by Saurenergy Global energy think tank World Resource Institute (WRI), in its recent report on ‘State of Climate Action’, highlights that the share of electric vehicles (EV) in passenger car sales has grown at an average annual rate of 65%. It’s a rise from 1.6% of sales in 2018 to 10% in 2022. For the first time in […] Read more
BP Completes Repowering Wind Farm of 300 MW Capacity Updated On Tue, Nov 21st, 2023 by Saurenergy BP has completed repowering its wind farm in Indiana for 300 MW capacity. The Fowler Ridge 1 project, established in central Indiana, entailed the upgradation of 40 of the 162 turbines. This encompassed the installation of 120 individual blades and 40 new nacelles. These boast power generation equipment and transformers on top of the wind towers. […] Read more
Tata Power Renewable Energy Ltd Exceeds 1.4 GW Group Captive Projects Updated On Tue, Nov 21st, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has crossed the 1.4 GW capacity of group captive projects in the last seven months. This achievement, the firm maintains, is the result of signing of Power Delivery Agreements (PDA) with various industries across segments. Some of the prominent group captive […] Read more